| Segment Information |
Segment Information Under U.S. GAAP, our operating segments are aggregated into five reportable segments: 1) Beauty, 2) Grooming, 3) Health Care, 4) Fabric & Home Care and 5) Baby, Feminine & Family Care. Our five reportable segments are comprised of: •Beauty: Hair Care (Conditioners, Shampoos, Styling Aids, Treatments); Personal Care (Antiperspirants and Deodorants, Personal Cleansing); Skin Care (Facial Moisturizers, Cleaners and Treatments); •Grooming: Grooming (Appliances, Female Blades & Razors, Male Blades & Razors, Pre- and Post-Shave Products, Other Grooming); •Health Care: Oral Care (Toothbrushes, Toothpastes, Other Oral Care); Personal Health Care (Gastrointestinal, Pain Relief, Rapid Diagnostics, Respiratory, Vitamins/Minerals/Supplements, Other Personal Health Care); •Fabric & Home Care: Fabric Care (Fabric Enhancers, Laundry Additives, Laundry Detergents); Home Care (Air Care, Dish Care, P&G Professional, Surface Care); and •Baby, Feminine & Family Care: Baby Care (Baby Wipes, Taped Diapers and Pants); Feminine Care (Adult Incontinence, Menstrual Care); Family Care (Paper Towels, Tissues, Toilet Paper). Operating segments as a percentage of consolidated net sales are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | % of Net sales by operating segment (1) | | Three Months Ended March 31 | | Nine Months Ended March 31 | | 2026 | | 2025 | | 2026 | | 2025 | | Fabric Care | 23 | % | | 23 | % | | 23 | % | | 23 | % | | Home Care | 12 | % | | 12 | % | | 12 | % | | 12 | % | | Baby Care | 9 | % | | 9 | % | | 9 | % | | 9 | % | | Hair Care | 9 | % | | 9 | % | | 9 | % | | 9 | % | | Family Care | 9 | % | | 9 | % | | 8 | % | | 9 | % | | Grooming | 8 | % | | 8 | % | | 8 | % | | 8 | % | | Oral Care | 8 | % | | 8 | % | | 8 | % | | 8 | % | | Personal Health Care | 7 | % | | 7 | % | | 7 | % | | 7 | % | | Feminine Care | 6 | % | | 6 | % | | 7 | % | | 6 | % | | Personal Care | 6 | % | | 6 | % | | 6 | % | | 6 | % | | Skin Care | 3 | % | | 3 | % | | 3 | % | | 3 | % | | Total | 100 | % | | 100 | % | | 100 | % | | 100 | % |
(1)% of Net sales by operating segment excludes sales recorded in Corporate. The following is a summary of reportable segment results: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2026 | | Beauty | | Grooming | | Health Care | | Fabric & Home Care | | Baby, Feminine & Family Care | | Corporate | | Total Company | | Net sales | $ | 3,866 | | | $ | 1,608 | | | $ | 3,073 | | | $ | 7,403 | | | $ | 5,058 | | | $ | 225 | | | $ | 21,235 | | | Cost of products sold | (1,575) | | | (642) | | | (1,277) | | | (4,068) | | | (2,753) | | | (406) | | | (10,722) | | | Selling, general and administrative expense | (1,530) | | | (533) | | | (1,028) | | | (1,647) | | | (1,023) | | | (176) | | | (5,936) | | Other segment items (1) | — | | | 3 | | | — | | | — | | | — | | | 410 | | | 413 | | | Earnings/(loss) before income taxes | 761 | | | 436 | | | 768 | | | 1,689 | | | 1,282 | | | 54 | | | 4,989 | | | Net earnings/(loss) | $ | 579 | | | $ | 331 | | | $ | 579 | | | $ | 1,300 | | | $ | 980 | | | $ | 181 | | | $ | 3,951 | | | | | | | | | | | | | | | | | Other segment information | | | | | | | | | | | | | | | Depreciation and amortization | $ | 102 | | | $ | 80 | | | $ | 112 | | | $ | 188 | | | $ | 210 | | | $ | 92 | | | $ | 785 | | | Capital expenditures | $ | 97 | | | $ | 124 | | | $ | 141 | | | $ | 266 | | | $ | 324 | | | $ | 67 | | | $ | 1,019 | |
(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. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2025 | | Beauty | | Grooming | | Health Care | | Fabric & Home Care | | Baby, Feminine & Family Care | | Corporate | | Total Company | | Net sales | $ | 3,490 | | | $ | 1,505 | | | $ | 2,880 | | | $ | 6,948 | | | $ | 4,755 | | | $ | 198 | | | $ | 19,776 | | | Cost of products sold | (1,349) | | | (595) | | | (1,190) | | | (3,698) | | | (2,602) | | | (260) | | | (9,694) | | | Selling, general and administrative expense | (1,457) | | | (506) | | | (955) | | | (1,609) | | | (1,003) | | | 7 | | | (5,524) | | Other segment items (1) | — | | | — | | | — | | | 1 | | | — | | | 102 | | | 103 | | | Earnings/(loss) before income taxes | 684 | | | 404 | | | 734 | | | 1,642 | | | 1,150 | | | 48 | | | 4,661 | | | Net earnings/(loss) | $ | 539 | | | $ | 321 | | | $ | 569 | | | $ | 1,285 | | | $ | 880 | | | $ | 200 | | | $ | 3,793 | | | | | | | | | | | | | | | | | Other segment information | | | | | | | | | | | | | | | Depreciation and amortization | $ | 98 | | | $ | 75 | | | $ | 96 | | | $ | 178 | | | $ | 200 | | | $ | 43 | | | $ | 690 | | | Capital expenditures | $ | 80 | | | $ | 119 | | | $ | 136 | | | $ | 289 | | | $ | 265 | | | $ | (30) | | | $ | 859 | |
(1)Other segment items for each reportable segment includes interest expense, interest income and certain other non-operating income/(expense). | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended March 31, 2026 | | Beauty | | Grooming | | Health Care | | Fabric & Home Care | | Baby, Feminine & Family Care | | Corporate | | Total Company | | Net sales | $ | 12,048 | | | $ | 5,219 | | | $ | 9,699 | | | $ | 22,882 | | | $ | 15,352 | | | $ | 627 | | | $ | 65,828 | | | Cost of products sold | (4,756) | | | (2,117) | | | (3,994) | | | (12,277) | | | (8,285) | | | (1,013) | | | (32,442) | | | Selling, general and administrative expense | (4,407) | | | (1,553) | | | (2,993) | | | (4,914) | | | (3,001) | | | (720) | | | (17,588) | | Other segment items (1) | — | | | 3 | | | 2 | | | — | | | — | | | 640 | | | 646 | | | Earnings/(loss) before income taxes | 2,885 | | | 1,552 | | | 2,714 | | | 5,692 | | | 4,066 | | | (466) | | | 16,444 | | | Net earnings/(loss) | $ | 2,222 | | | $ | 1,212 | | | $ | 2,067 | | | $ | 4,400 | | | $ | 3,105 | | | $ | 57 | | | $ | 13,063 | | | | | | | | | | | | | | | | | Other segment information | | | | | | | | | | | | | | | Depreciation and amortization | $ | 307 | | | $ | 238 | | | $ | 325 | | | $ | 559 | | | $ | 623 | | | $ | 296 | | | $ | 2,348 | | | Capital expenditures | $ | 257 | | | $ | 384 | | | $ | 389 | | | $ | 866 | | | $ | 959 | | | $ | 530 | | | $ | 3,386 | |
(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. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended March 31, 2025 | | Beauty | | Grooming | | Health Care | | Fabric & Home Care | | Baby, Feminine & Family Care | | Corporate | | Total Company | | Net sales | $ | 11,231 | | | $ | 4,980 | | | $ | 9,277 | | | $ | 22,233 | | | $ | 15,155 | | | $ | 520 | | | $ | 63,395 | | | Cost of products sold | (4,304) | | | (1,982) | | | (3,733) | | | (11,639) | | | (8,152) | | | (723) | | | (30,533) | | | Selling, general and administrative expense | (4,179) | | | (1,505) | | | (2,882) | | | (4,886) | | | (3,006) | | | (308) | | | (16,765) | | Other segment items (1) | (1) | | | — | | | — | | | 1 | | | — | | | (450) | | | (451) | | | Earnings/(loss) before income taxes | 2,746 | | | 1,493 | | | 2,662 | | | 5,709 | | | 3,997 | | | (961) | | | 15,646 | | | Net earnings/(loss) | $ | 2,158 | | | $ | 1,206 | | | $ | 2,068 | | | $ | 4,473 | | | $ | 3,065 | | | $ | (531) | | | $ | 12,439 | | | | | | | | | | | | | | | | | Other segment information | | | | | | | | | | | | | | | Depreciation and amortization | $ | 298 | | | $ | 235 | | | $ | 293 | | | $ | 536 | | | $ | 606 | | | $ | 156 | | | $ | 2,124 | | | Capital expenditures | $ | 198 | | | $ | 299 | | | $ | 354 | | | $ | 760 | | | $ | 724 | | | $ | 442 | | | $ | 2,777 | |
(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. The Chief Operating Decision Maker (CODM) does not use assets by segment to evaluate performance or allocate resources. Therefore, we do not disclose assets by segment.
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