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: 2022 | |||
CONSOLIDATED STATEMENTS OF EARNINGS | |||
Period Ending June 30, 2022 10-K (Filed: Aug 24, 2022) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| June 30, 2022 | June 30, 2021 | June 30, 2020 | |
| Net sales | $ 17,737 | 16,215 | 14,294 |
| Cost of sales | 4,305 | 3,834 | 3,552 |
| Gross profit | 13,432 | 12,381 | 10,742 |
| Operating expenses | |||
| Selling, general and administrative | 9,888 | 9,371 | 8,637 |
| Restructuring and other charges | 133 | 204 | 73 |
| Goodwill impairment | 0 | 54 | 812 |
| Impairment of other intangible and long-lived assets | 241 | 134 | 614 |
| Total operating expenses | 10,262 | 9,763 | 10,136 |
| Operating income | 3,170 | 2,618 | 606 |
| Interest expense | 167 | 173 | 161 |
| Interest income and investment income, net | 30 | 51 | 48 |
| Other components of net periodic benefit cost | (2) | 12 | 4 |
| Other income, net | 1 | 847 | 557 |
| Earnings before income taxes | 3,036 | 3,331 | 1,046 |
| Provision for income taxes | 628 | 456 | 350 |
| Net earnings | 2,408 | 2,875 | 696 |
| Net earnings attributable to noncontrolling interests | (7) | (12) | (12) |
| Net loss (earnings) attributable to redeemable noncontrolling interest | (11) | 7 | 0 |
| Net earnings attributable to The Estee Lauder Companies Inc. | 2,390 | 2,870 | 684 |
| Net earnings attributable to The Estee Lauder Companies Inc. per common share | |||
| Basic (in dollars per share) | 6.64 | 7.91 | 1.90 |
| Diluted (in dollars per share) | 6.55 | 7.79 | 1.86 |
| Weighted-average common shares outstanding | |||
| Basic (in shares) | 360,000 | 362,900 | 360,600 |
| Diluted (in shares) | 364,900 | 368,200 | 366,900 |
| External Links | |
| ESTEE LAUDER COMPANIES INC (EL) Fiscal Year 2022 | |
| 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 |