10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||
| ||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ESTEE LAUDER COMPANIES INC | |||
Ticker: EL Fiscal Year: 2020 | |||
CONSOLIDATED STATEMENTS OF EARNINGS | |||
Period Ending June 30, 2020 10-K (Filed: Aug 28, 2020) | |||
(In Millions, except shares in Thousands) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
June 30, 2020 | June 30, 2019 | June 30, 2018 | |
Net sales | $ 14,294 | 14,863 | 13,683 |
Cost of sales | 3,552 | 3,387 | 2,844 |
Gross profit | 10,742 | 11,476 | 10,839 |
Operating expenses | |||
Selling, general and administrative | 8,637 | 8,857 | 8,553 |
Restructuring and other charges | 73 | 216 | 231 |
Goodwill impairment | 812 | 68 | 0 |
Impairments of other intangible and long-lived assets | 614 | 22 | 0 |
Total operating expenses | 10,136 | 9,163 | 8,784 |
Operating income | 606 | 2,313 | 2,055 |
Interest expense | 161 | 133 | 128 |
Interest income and investment income, net | 48 | 58 | 56 |
Other components of net periodic benefit cost | 4 | 2 | 3 |
Other income, net | 557 | 71 | 0 |
Earnings before income taxes | 1,046 | 2,307 | 1,980 |
Provision for income taxes | 350 | 513 | 863 |
Net earnings | 696 | 1,794 | 1,117 |
Net earnings attributable to noncontrolling interests | (12) | (9) | (9) |
Net earnings attributable to The Estee Lauder Companies Inc. | 684 | 1,785 | 1,108 |
Net earnings attributable to The Estee Lauder Companies Inc. per common share | |||
Basic (in dollars per share) | 1.90 | 4.91 | 3.01 |
Diluted (in dollars per share) | 1.86 | 4.82 | 2.95 |
Weighted-average common shares outstanding | |||
Basic (in shares) | 360,600 | 363,500 | 368,000 |
Diluted (in shares) | 366,900 | 370,400 | 375,700 |
External Links | |
ESTEE LAUDER COMPANIES INC (EL) Fiscal Year 2020 | |
Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |