10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ESTEE LAUDER COMPANIES INC | |||
Ticker: EL Fiscal Year: 2021 | |||
CONSOLIDATED STATEMENTS OF EARNINGS | |||
Period Ending June 30, 2021 10-K (Filed: Aug 27, 2021) | |||
(In Millions, except shares in Thousands) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
June 30, 2021 | June 30, 2020 | June 30, 2019 | |
Net sales | $ 16,215 | 14,294 | 14,863 |
Cost of sales | 3,834 | 3,552 | 3,387 |
Gross profit | 12,381 | 10,742 | 11,476 |
Operating expenses | |||
Selling, general and administrative | 9,371 | 8,637 | 8,857 |
Restructuring and other charges | 204 | 73 | 216 |
Goodwill impairment | 54 | 812 | 68 |
Impairments of other intangible and long-lived assets | 134 | 614 | 22 |
Total operating expenses | 9,763 | 10,136 | 9,163 |
Operating income | 2,618 | 606 | 2,313 |
Interest expense | 173 | 161 | 133 |
Interest income and investment income, net | 51 | 48 | 58 |
Other components of net periodic benefit cost | 12 | 4 | 2 |
Other income, net | 847 | 557 | 71 |
Earnings before income taxes | 3,331 | 1,046 | 2,307 |
Provision for income taxes | 456 | 350 | 513 |
Net earnings | 2,875 | 696 | 1,794 |
Net earnings attributable to noncontrolling interests | (12) | (12) | (9) |
Net loss attributable to redeemable noncontrolling interest | 7 | 0 | 0 |
Net earnings attributable to The Estee Lauder Companies Inc. | 2,870 | 684 | 1,785 |
Net earnings attributable to The Estee Lauder Companies Inc. per common share | |||
Basic (in dollars per share) | 7.91 | 1.90 | 4.91 |
Diluted (in dollars per share) | 7.79 | 1.86 | 4.82 |
Weighted-average common shares outstanding | |||
Basic (in shares) | 362,900 | 360,600 | 363,500 |
Diluted (in shares) | 368,200 | 366,900 | 370,400 |
External Links | |
ESTEE LAUDER COMPANIES INC (EL) Fiscal Year 2021 | |
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 |