| Segment Reporting |
Operating segments as a percentage of consolidated net sales (excluding sales recorded in Corporate) are as follows: | | | | | | | | | | | | | | | | | | | Fiscal years ended June 30 | 2026 | | 2025 | | 2024 | | Fabric Care | 23% | | 23% | | 24% | | Home Care | 12% | | 13% | | 12% | | Baby Care | 9% | | 9% | | 9% | | Hair Care | 9% | | 9% | | 9% | | Family Care | 8% | | 9% | | 9% | | Grooming | 8% | | 8% | | 8% | | Oral Care | 8% | | 8% | | 8% | | Feminine Care | 7% | | 6% | | 6% | | Personal Health Care | 6% | | 6% | | 6% | Personal Care (1) | 6% | | 6% | | 5% | Skin Care (1) | 4% | | 3% | | 4% | | TOTAL | 100% | | 100% | | 100% |
(1)Effective July 1, 2024, the Beauty reportable business segment separated Skin and Personal Care into individual operating segments, Skin Care and Personal Care. This transition included separation of the management team, strategic decision-making, innovation plans, financial targets, budgets and management reporting. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal Year Ended June 30, 2026 | | | Beauty | | Grooming | | Health Care | | Fabric & Home Care | | Baby, Feminine & Family Care | | Corporate | | Total Company | | Net sales | | $ | 16,023 | | | $ | 6,918 | | | $ | 12,456 | | | $ | 30,314 | | | $ | 20,401 | | | $ | 919 | | | $ | 87,032 | | | Cost of products sold | | (6,397) | | | (2,845) | | | (5,208) | | | (16,428) | | | (11,089) | | | (1,395) | | | (43,362) | | | Selling, general and administrative expense | | (6,152) | | | (2,111) | | | (4,087) | | | (6,597) | | | (4,167) | | | (808) | | | (23,922) | | Other segment items (1) | | — | | | 3 | | | 2 | | | — | | | — | | | 623 | | | 629 | | | Earnings/(loss) before income taxes | | 3,473 | | | 1,966 | | | 3,163 | | | 7,290 | | | 5,145 | | | (660) | | | 20,377 | | | Net earnings/(loss) | | $ | 2,672 | | | $ | 1,529 | | | $ | 2,404 | | | $ | 5,632 | | | $ | 3,930 | | | $ | (23) | | | $ | 16,144 | | | | | | | | | | | | | | | | | | Other segment information | | | | | | | | | | | | | | | | Depreciation and amortization | | $ | 410 | | | $ | 320 | | | $ | 439 | | | $ | 756 | | | $ | 835 | | | $ | 400 | | | $ | 3,160 | | | Capital expenditures | | $ | 415 | | | $ | 540 | | | $ | 592 | | | $ | 1,250 | | | $ | 1,520 | | | $ | 93 | | | $ | 4,409 | |
(1)Other segment items for each reportable segment includes interest expense, interest income and certain other non-operating income/(expense). Corporate includes non-operating income comprised primarily of a $343 gain due to the dissolution of the Glad joint venture business. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal Year Ended June 30, 2025 | | | Beauty | | Grooming | | Health Care | | Fabric & Home Care | | Baby, Feminine & Family Care | | Corporate | | Total Company | | Net sales | | $ | 14,964 | | | $ | 6,662 | | | $ | 11,998 | | | $ | 29,617 | | | $ | 20,248 | | | $ | 794 | | | $ | 84,284 | | | Cost of products sold | | (5,822) | | | (2,675) | | | (4,974) | | | (15,650) | | | (10,926) | | | (1,118) | | | (41,164) | | | Selling, general and administrative expense | | (5,687) | | | (2,036) | | | (3,886) | | | (6,509) | | | (4,108) | | | (443) | | | (22,669) | | Other segment items (1) | | (1) | | | — | | | 10 | | | 1 | | | — | | | (294) | | | (284) | | | Earnings/(loss) before income taxes | | 3,454 | | | 1,952 | | | 3,149 | | | 7,459 | | | 5,214 | | | (1,061) | | | 20,167 | | | Net earnings/(loss) | | $ | 2,715 | | | $ | 1,577 | | | $ | 2,440 | | | $ | 5,848 | | | $ | 4,013 | | | $ | (527) | | | $ | 16,065 | | | | | | | | | | | | | | | | | | Other segment information | | | | | | | | | | | | | | | | Depreciation and amortization | | $ | 399 | | | $ | 313 | | | $ | 397 | | | $ | 723 | | | $ | 814 | | | $ | 200 | | | $ | 2,847 | | | Capital expenditures | | $ | 328 | | | $ | 451 | | | $ | 526 | | | $ | 1,208 | | | $ | 1,080 | | | $ | 180 | | | $ | 3,773 | |
(1)Other segment items for each reportable segment includes interest expense, interest income and certain other non-operating income/(expense). Corporate includes non-operating losses comprised primarily of a non-cash charge of $752 for accumulated foreign currency translation losses due to the substantial liquidation of operations in Argentina. See Note 3 for more information on the limited market portfolio restructuring program. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal Year Ended June 30, 2024 | | | Beauty | | Grooming | | Health Care | | Fabric & Home Care | | Baby, Feminine & Family Care | | Corporate | | Total Company | | Net sales | | $ | 15,220 | | | $ | 6,654 | | | $ | 11,793 | | | $ | 29,495 | | | $ | 20,277 | | | $ | 601 | | | $ | 84,039 | | | Cost of products sold | | (5,722) | | | (2,711) | | | (4,967) | | | (15,535) | | | (10,831) | | | (1,082) | | | (40,848) | | | Selling, general and administrative expense | | (5,700) | | | (2,105) | | | (3,886) | | | (6,631) | | | (4,198) | | | (784) | | | (23,305) | | Other segment items (1) | | 8 | | | 7 | | | 1 | | | 10 | | | 6 | | | (1,156) | | | (1,125) | | | Earnings/(loss) before income taxes | | 3,805 | | | 1,845 | | | 2,941 | | | 7,339 | | | 5,253 | | | (2,422) | | | 18,761 | | | Net earnings/(loss) | | $ | 2,963 | | | $ | 1,477 | | | $ | 2,258 | | | $ | 5,687 | | | $ | 4,020 | | | $ | (1,430) | | | $ | 14,974 | | | | | | | | | | | | | | | | | | Other segment information | | | | | | | | | | | | | | | | Depreciation and amortization | | $ | 399 | | | $ | 335 | | | $ | 381 | | | $ | 710 | | | $ | 824 | | | $ | 247 | | | $ | 2,896 | | | Capital expenditures | | $ | 280 | | | $ | 337 | | | $ | 524 | | | $ | 1,076 | | | $ | 979 | | | $ | 126 | | | $ | 3,322 | |
(1)Other segment items for each reportable segment includes interest expense, interest income and certain other non-operating income/(expense). The non-cash impairment charge of $1.3 billion on the Gillette intangible asset was included in Other segment items within Corporate and is discussed further in Note 4.
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