2020 Q2 Form 10-K Financial Statement

#000100125021000127 Filed on August 27, 2021

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2 2019
Revenue $2.430B $3.590B $14.86B
YoY Change -32.31% 8.95% 8.62%
Cost Of Revenue $767.0M $835.0M $3.387B
YoY Change -8.14% 19.8% 19.09%
Gross Profit $1.663B $2.755B $11.48B
YoY Change -39.64% 6.04% 5.88%
Gross Profit Margin 68.44% 76.74% 77.21%
Selling, General & Admin $1.884B $2.418B $8.857B
YoY Change -22.08% 5.87% 3.55%
% of Gross Profit 113.29% 87.77% 77.18%
Research & Development $202.0M
YoY Change 11.6%
% of Gross Profit 1.76%
Depreciation & Amortization $164.0M $153.0M $557.0M
YoY Change 7.19% 7.75% 4.9%
% of Gross Profit 9.86% 5.55% 4.85%
Operating Expenses $1.884B $2.418B $9.163B
YoY Change -22.08% 5.87% 4.31%
Operating Profit -$543.0M $216.0M $2.313B
YoY Change -351.39% -31.21% 12.55%
Interest Expense -$61.00M -$20.00M $133.0M
YoY Change 205.0% 0.0% 3.91%
% of Operating Profit -9.26% 5.75%
Other Income/Expense, Net -$1.000M -$1.000M $69.00M
YoY Change 0.0%
Pretax Income -$605.0M $199.0M $2.307B
YoY Change -404.02% -23.75% 16.52%
Income Tax -$146.0M $41.00M $513.0M
% Of Pretax Income 20.6% 22.24%
Net Earnings -$462.0M $157.0M $1.785B
YoY Change -394.27% -15.59% 61.1%
Net Earnings / Revenue -19.01% 4.37% 12.01%
Basic Earnings Per Share -$1.28 $0.43 $4.91
Diluted Earnings Per Share -$1.28 $0.43 $4.82
COMMON SHARES
Basic Shares Outstanding 363.5M shares
Diluted Shares Outstanding 370.4M shares

Balance Sheet

Concept 2020 Q2 2019 Q2 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.022B $2.987B $2.987B
YoY Change 68.13% 10.02% 10.02%
Cash & Equivalents $5.022B $2.987B $2.987B
Short-Term Investments
Other Short-Term Assets $614.0M $388.0M $388.0M
YoY Change 58.25% 11.49% 11.49%
Inventory $2.062B $2.006B $2.006B
Prepaid Expenses
Receivables $1.194B $1.831B $1.831B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $8.892B $7.212B $7.212B
YoY Change 23.29% 16.93% 16.93%
LONG-TERM ASSETS
Property, Plant & Equipment $2.055B $2.068B $2.068B
YoY Change -0.63% 13.44% 13.44%
Goodwill $1.401B $1.868B
YoY Change -25.0% -3.01%
Intangibles $2.338B $1.203B
YoY Change 94.35%
Long-Term Investments $177.0M $177.0M
YoY Change -79.0% -79.0%
Other Assets $813.0M $805.0M $628.0M
YoY Change 0.99% 51.6% 18.27%
Total Long-Term Assets $8.889B $5.944B $5.944B
YoY Change 49.55% -7.11% -7.11%
TOTAL ASSETS
Total Short-Term Assets $8.892B $7.212B $7.212B
Total Long-Term Assets $8.889B $5.944B $5.944B
Total Assets $17.78B $13.16B $13.16B
YoY Change 35.16% 4.69% 4.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.177B $1.490B $1.490B
YoY Change -21.01% 26.06% 26.06%
Accrued Expenses $2.558B $2.253B $2.253B
YoY Change 13.54% 15.84% 18.21%
Deferred Revenue $222.0M $314.0M
YoY Change -29.3%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.222B $516.0M $516.0M
YoY Change 136.82% 181.97% 181.97%
Total Short-Term Liabilities $5.179B $4.605B $4.605B
YoY Change 12.46% 39.12% 39.12%
LONG-TERM LIABILITIES
Long-Term Debt $4.914B $2.896B $2.896B
YoY Change 69.68% -13.84% -13.84%
Other Long-Term Liabilities $1.448B $1.244B $1.244B
YoY Change 16.4% 4.89% 4.89%
Total Long-Term Liabilities $8.640B $4.140B $4.140B
YoY Change 108.7% -8.95% -8.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.179B $4.605B $4.605B
Total Long-Term Liabilities $8.640B $4.140B $4.140B
Total Liabilities $13.82B $8.745B $8.770B
YoY Change 58.02% 10.99% 11.31%
SHAREHOLDERS EQUITY
Retained Earnings $10.13B $9.984B
YoY Change 1.5%
Common Stock $4.796B $4.409B
YoY Change 8.78%
Preferred Stock
YoY Change
Treasury Stock (at cost) $10.33B $9.444B
YoY Change 9.38%
Treasury Stock Shares 226.6M shares 222.1M shares
Shareholders Equity $3.935B $4.386B $4.386B
YoY Change
Total Liabilities & Shareholders Equity $17.78B $13.16B $13.16B
YoY Change 35.16% 4.69% 4.69%

Cashflow Statement

Concept 2020 Q2 2019 Q2 2019
OPERATING ACTIVITIES
Net Income -$462.0M $157.0M $1.785B
YoY Change -394.27% -15.59% 61.1%
Depreciation, Depletion And Amortization $164.0M $153.0M $557.0M
YoY Change 7.19% 7.75% 4.9%
Cash From Operating Activities $335.0M $761.0M $2.517B
YoY Change -55.98% 18.54% -1.76%
INVESTING ACTIVITIES
Capital Expenditures -$155.0M -$303.0M $744.0M
YoY Change -48.84% 16.09% 18.28%
Acquisitions $0.00
YoY Change
Other Investing Activities $14.00M $2.000M $1.217B
YoY Change 600.0% -95.74% 349.08%
Cash From Investing Activities -$141.0M -$301.0M $473.0M
YoY Change -53.16% 40.65% -232.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.555B
YoY Change 104.87%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -64.00M -359.0M -$2.173B
YoY Change -82.17% 2.57% 85.41%
NET CHANGE
Cash From Operating Activities 335.0M 761.0M $2.517B
Cash From Investing Activities -141.0M -301.0M $473.0M
Cash From Financing Activities -64.00M -359.0M -$2.173B
Net Change In Cash 130.0M 101.0M $806.0M
YoY Change 28.71% 29.49% -22.87%
FREE CASH FLOW
Cash From Operating Activities $335.0M $761.0M $2.517B
Capital Expenditures -$155.0M -$303.0M $744.0M
Free Cash Flow $490.0M $1.064B $1.773B
YoY Change -53.95% 17.83% -8.28%

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DESCRIPTION OF BUSINESS<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Estée Lauder Companies Inc. manufactures, markets and sells skin care, makeup, fragrance and hair care products around the world. Products are marketed under brand names, including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, Bobbi Brown</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">,</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> La Mer</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">,</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Aveda, Jo Malone London, Bumble and bumble, Darphin, Smashbox, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, Kilian Paris, Too Faced, Dr. Jart+, DECIEM and The Ordinary. Certain subsidiaries of The Estée Lauder Companies Inc. are also the global licensee of the Tommy Hilfiger, Donna Karan New York, DKNY, Michael Kors, Tom Ford, Ermenegildo Zegna and AERIN brand names for fragrances and/or cosmetics.</span>
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<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Management Estimates</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements and related disclosures in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses reported in those financial statements. Certain significant accounting policies that contain subjective management estimates and assumptions include those related to revenue recognition, inventory, pension and other post-retirement benefit costs, business combinations, goodwill, other intangible assets and long-lived assets, income taxes, redeemable noncontrolling interest and Deciem Beauty Group Inc. (“DECIEM”) stock options. Management evaluates the related estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, and makes adjustments when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from those estimates and assumptions. Significant changes, if any, in those estimates and assumptions resulting from continuing changes in the economic environment, including those related to the impacts of the COVID-19 pandemic, will be reflected in the consolidated financial statements in future periods.</span></div>
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CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is a worldwide manufacturer, marketer and seller of skin care, makeup, fragrance and hair care products. The Company’s sales subject to credit risk are made primarily to department stores, perfumeries, specialty multi-brand retailers and retailers in its travel retail business. The Company grants credit to qualified customers. As a result of the COVID-19 pandemic, the Company has enhanced its assessment of its customers' abilities to pay with a greater focus on factors affecting their liquidity and less on historical payment performance. While the Company does not believe it is exposed significantly to any undue concentration of credit risk at this time, it continues to monitor the extent of the impact of the COVID-19 pandemic on its customers' abilities, individually and collectively, to make timely payments.</span></div>
CY2021Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
674000000 USD
CY2020Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
542000000 USD
CY2021Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
330000000 USD
CY2020Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
305000000 USD
CY2021Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1213000000 USD
CY2020Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
995000000 USD
CY2021Q2 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
288000000 USD
CY2020Q2 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
220000000 USD
CY2021Q2 us-gaap Inventory Net
InventoryNet
2505000000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
2062000000 USD
CY2021Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5618000000 USD
CY2020Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5134000000 USD
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3338000000 USD
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3079000000 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2280000000 USD
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2055000000 USD
CY2021Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
647000000 USD
CY2020Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
501000000 USD
CY2020 el Goodwill Translation Adjustments Accumulated Impairments
GoodwillTranslationAdjustmentsAccumulatedImpairments
1000000 USD
CY2021 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
516000000 USD
CY2020 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
514000000 USD
CY2019 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
495000000 USD
CY2019Q2 us-gaap Goodwill Gross
GoodwillGross
2028000000 USD
CY2019Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
160000000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
1868000000 USD
CY2020 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
357000000 USD
CY2020 el Goodwill Impairment Loss Including Restructuring And Related Cost Incurred Cost
GoodwillImpairmentLossIncludingRestructuringAndRelatedCostIncurredCost
812000000 USD
CY2020 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-13000000 USD
CY2020 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
-467000000 USD
CY2020Q2 us-gaap Goodwill Gross
GoodwillGross
2372000000 USD
CY2020Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
971000000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
1401000000 USD
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1293000000 USD
CY2021 el Goodwill Impairment Loss Including Restructuring And Related Cost Incurred Cost
GoodwillImpairmentLossIncludingRestructuringAndRelatedCostIncurredCost
71000000 USD
CY2021 el Goodwill Translation And Purchase Accounting Adjustments Including Write Offs
GoodwillTranslationAndPurchaseAccountingAdjustmentsIncludingWriteOffs
-48000000 USD
CY2021 el Goodwill Impaired Accumulated Impairment Loss Translation Adjustments
GoodwillImpairedAccumulatedImpairmentLossTranslationAdjustments
41000000 USD
CY2021 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
1215000000 USD
CY2021Q2 us-gaap Goodwill Gross
GoodwillGross
3617000000 USD
CY2021Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
1001000000 USD
CY2021Q2 us-gaap Goodwill
Goodwill
2616000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2316000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
587000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1729000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1633000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
518000000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1115000000 USD
CY2021Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4095000000 USD
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2338000000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
110000000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
73000000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
51000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
160000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
160000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
159000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
159000000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
159000000 USD
CY2021 el Lessee Lease Renewal Term
LesseeLeaseRenewalTerm
P30Y
CY2021 el Lessee Lease Termination Period
LesseeLeaseTerminationPeriod
P23Y
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
9000000 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
11000000 USD
CY2021 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 USD
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1000000 USD
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
470000000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
625000000 USD
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
19000000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
24000000 USD
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
301000000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
158000000 USD
CY2021 us-gaap Lease Cost
LeaseCost
799000000 USD
CY2020 us-gaap Lease Cost
LeaseCost
819000000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
451000000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
426000000 USD
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
12000000 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
12000000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
267000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
266000000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
44000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1000000 USD
CY2021Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2020Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P11Y
CY2021Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.011
CY2020Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.027
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.023
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.025
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
431000000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
18000000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
394000000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
14000000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
345000000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
12000000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
288000000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1000000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
246000000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
1000000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1155000000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2859000000 USD
CY2021Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
46000000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
329000000 USD
CY2021Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1000000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
2530000000 USD
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
45000000 USD
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
379000000 USD
CY2021Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
18000000 USD
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
375000000 USD
CY2020Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
8000000 USD
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2151000000 USD
CY2021Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
27000000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2278000000 USD
CY2020Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
5000000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
2530000000 USD
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
45000000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
2653000000 USD
CY2020Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
13000000 USD
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
71000000 USD
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
215000000 USD
CY2021 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
25000000 USD
CY2020 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
131000000 USD
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
71000000 USD
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
215000000 USD
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
71000000 USD
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
215000000 USD
CY2021Q2 el Lessee Operating Lease Lease Not Yet Commenced Amount
LesseeOperatingLeaseLeaseNotYetCommencedAmount
37000000 USD
CY2021 us-gaap Restructuring Charges
RestructuringCharges
228000000 USD
CY2021Q2 us-gaap Restructuring And Related Cost Number Of Positions Eliminated
RestructuringAndRelatedCostNumberOfPositionsEliminated
1300 position
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
197000000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
128000000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
180000000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
479000000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
368000000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
383000000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
10000000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-3000000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
16000000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
686000000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
493000000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
579000000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-129000000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-93000000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-95000000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-100000000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-49000000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
27000000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1000000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1000000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
2000000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-230000000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-143000000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-66000000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
456000000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
350000000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
513000000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
3127000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2277000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2021000000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.005
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.001
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.006
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.002
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.030
CY2020 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.075
CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.027
CY2021 el Effective Income Tax Rate Reconciliation Gain On Previously Held Equity Method Investment Percent
EffectiveIncomeTaxRateReconciliationGainOnPreviouslyHeldEquityMethodInvestmentPercent
-0.053
CY2020 el Effective Income Tax Rate Reconciliation Gain On Previously Held Equity Method Investment Percent
EffectiveIncomeTaxRateReconciliationGainOnPreviouslyHeldEquityMethodInvestmentPercent
0
CY2019 el Effective Income Tax Rate Reconciliation Gain On Previously Held Equity Method Investment Percent
EffectiveIncomeTaxRateReconciliationGainOnPreviouslyHeldEquityMethodInvestmentPercent
0
CY2021 el Effective Income Tax Rate Reconciliation Election Of Gilti Percent
EffectiveIncomeTaxRateReconciliationElectionOfGILTIPercent
-0.014
CY2020 el Effective Income Tax Rate Reconciliation Election Of Gilti Percent
EffectiveIncomeTaxRateReconciliationElectionOfGILTIPercent
0
CY2019 el Effective Income Tax Rate Reconciliation Election Of Gilti Percent
EffectiveIncomeTaxRateReconciliationElectionOfGILTIPercent
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.018
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.110
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.019
CY2021 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.002
CY2020 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.004
CY2019 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.005
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0.001
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0.080
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0.006
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.002
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.007
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.001
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.137
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.335
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.222
CY2021Q2 el Undistributed Earnings Of Foreign Subsidiaries Including To Be Repatriated And Expected To Be Permanently Reinvested
UndistributedEarningsOfForeignSubsidiariesIncludingToBeRepatriatedAndExpectedToBePermanentlyReinvested
6953000000 USD
CY2021Q2 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
4595000000 USD
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
210000000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
142000000 USD
CY2021Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
72000000 USD
CY2020Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
75000000 USD
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
54000000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
71000000 USD
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
239000000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
212000000 USD
CY2021Q2 el Deferred Tax Assets Operating Loss Credit And Other Carryforwards
DeferredTaxAssetsOperatingLossCreditAndOtherCarryforwards
169000000 USD
CY2020Q2 el Deferred Tax Assets Operating Loss Credit And Other Carryforwards
DeferredTaxAssetsOperatingLossCreditAndOtherCarryforwards
98000000 USD
CY2021Q2 el Deferred Tax Assets Unrecognized State Tax Benefits And Accrued Interest
DeferredTaxAssetsUnrecognizedStateTaxBenefitsAndAccruedInterest
12000000 USD
CY2020Q2 el Deferred Tax Assets Unrecognized State Tax Benefits And Accrued Interest
DeferredTaxAssetsUnrecognizedStateTaxBenefitsAndAccruedInterest
12000000 USD
CY2021Q2 el Deferred Tax Assets Operating Lease Right Of Use Asset
DeferredTaxAssetsOperatingLeaseRightOfUseAsset
591000000 USD
CY2020Q2 el Deferred Tax Assets Operating Lease Right Of Use Asset
DeferredTaxAssetsOperatingLeaseRightOfUseAsset
585000000 USD
CY2021Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
249000000 USD
CY2020Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
217000000 USD
CY2021Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1596000000 USD
CY2020Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1412000000 USD
CY2021Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
168000000 USD
CY2020Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
107000000 USD
CY2021Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1428000000 USD
CY2020Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1305000000 USD
CY2021Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
504000000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
563000000 USD
CY2021Q2 el Deferred Tax Liabilities Operating Lease Liabilities
DeferredTaxLiabilitiesOperatingLeaseLiabilities
517000000 USD
CY2020Q2 el Deferred Tax Liabilities Operating Lease Liabilities
DeferredTaxLiabilitiesOperatingLeaseLiabilities
504000000 USD
CY2021Q2 el Deferred Tax Liabilities Partnership Interest
DeferredTaxLiabilitiesPartnershipInterest
467000000 USD
CY2020Q2 el Deferred Tax Liabilities Partnership Interest
DeferredTaxLiabilitiesPartnershipInterest
0 USD
CY2021Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
158000000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
194000000 USD
CY2021Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1646000000 USD
CY2020Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1261000000 USD
CY2021Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
218000000 USD
CY2020Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
44000000 USD
CY2021Q2 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
175000000 USD
CY2021Q2 el Deferred Tax Liability Gain On Previously Held Equity Method Investment
DeferredTaxLiabilityGainOnPreviouslyHeldEquityMethodInvestment
117000000 USD
CY2021Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
218000000 USD
CY2020Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
44000000 USD
CY2021Q2 el Operating Loss And Other Carryforwards
OperatingLossAndOtherCarryforwards
531000000 USD
CY2020Q2 el Operating Loss And Other Carryforwards
OperatingLossAndOtherCarryforwards
352000000 USD
CY2021Q2 el Operating Loss And Other Carryforwards With Indefinite Carryforward Period
OperatingLossAndOtherCarryforwardsWithIndefiniteCarryforwardPeriod
391000000 USD
CY2021Q2 el Deferred Tax Assets Net Tax Benefits Of Carryforwards
DeferredTaxAssetsNetTaxBenefitsOfCarryforwards
24000000 USD
CY2020Q2 el Deferred Tax Assets Net Tax Benefits Of Carryforwards
DeferredTaxAssetsNetTaxBenefitsOfCarryforwards
14000000 USD
CY2021Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
62000000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
70000000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
67000000 USD
CY2021Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
53000000 USD
CY2021 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
2000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
3000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
4000000 USD
CY2021Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
14000000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
13000000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
70000000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
67000000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
60000000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
9000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
11000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
12000000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
10000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
9000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
6000000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
8000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
7000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
9000000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
13000000 USD
CY2020Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2405000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
7000000 USD
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1000000 USD
CY2021Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
62000000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
70000000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
67000000 USD
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1448000000 USD
CY2021Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2037000000 USD
CY2021Q2 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
294000000 USD
CY2020Q2 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
256000000 USD
CY2021Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
670000000 USD
CY2020Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
424000000 USD
CY2021Q2 us-gaap Accrued Payroll Taxes Current And Noncurrent
AccruedPayrollTaxesCurrentAndNoncurrent
359000000 USD
CY2020Q2 us-gaap Accrued Payroll Taxes Current And Noncurrent
AccruedPayrollTaxesCurrentAndNoncurrent
250000000 USD
CY2021Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
322000000 USD
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
222000000 USD
CY2021Q2 us-gaap Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
369000000 USD
CY2020Q2 us-gaap Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
212000000 USD
CY2021Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1181000000 USD
CY2020Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1041000000 USD
CY2021Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3195000000 USD
CY2021Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
5569000000 USD
CY2020Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
6136000000 USD
CY2021Q2 el Debt Instrument Committed Maximum Borrowing Capacity
DebtInstrumentCommittedMaximumBorrowingCapacity
1500000000 USD
CY2021Q2 el Debt Instrument Uncommitted Maximum Borrowing Capacity
DebtInstrumentUncommittedMaximumBorrowingCapacity
1682000000 USD
CY2021Q2 us-gaap Debt Current
DebtCurrent
32000000 USD
CY2020Q2 us-gaap Debt Current
DebtCurrent
1222000000 USD
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
5537000000 USD
CY2020Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
4914000000 USD
CY2021Q2 el Commercial Paper Maximum Borrowing Capacity
CommercialPaperMaximumBorrowingCapacity
1500000000 USD
CY2021Q2 us-gaap Derivative Assets
DerivativeAssets
67000000 USD
CY2020Q2 us-gaap Derivative Assets
DerivativeAssets
102000000 USD
CY2021Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
56000000 USD
CY2020Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
83000000 USD
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-118000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-42000000 USD
CY2021 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
24000000 USD
CY2020 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-35000000 USD
CY2021 el Derivative Gain Loss Recognized In Cumulative Amount Of Fair Value Hedging Adjustments Included In Carrying Amount Of Hedged Assets Liability
DerivativeGainLossRecognizedInCumulativeAmountOfFairValueHedgingAdjustmentsIncludedInCarryingAmountOfHedgedAssetsLiability
15000000 USD
CY2021Q2 el Accounts Receivable Allowance For Credit And Non Credit Losses
AccountsReceivableAllowanceForCreditAndNonCreditLosses
40000000 USD
CY2020Q2 el Accounts Receivable Allowance For Credit And Non Credit Losses
AccountsReceivableAllowanceForCreditAndNonCreditLosses
63000000 USD
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
36000000 USD
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-8000000 USD
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
12000000 USD
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
20000000 USD
CY2021Q2 el Accounts Receivable Allowance For Non Credit Losses
AccountsReceivableAllowanceForNonCreditLosses
20000000 USD
CY2020Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
279000000 USD
CY2019Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
361000000 USD
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
201000000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
271000000 USD
CY2021 el Contract With Customer Liability Revenue Deferred During Period
ContractWithCustomerLiabilityRevenueDeferredDuringPeriod
294000000 USD
CY2020 el Contract With Customer Liability Revenue Deferred During Period
ContractWithCustomerLiabilityRevenueDeferredDuringPeriod
189000000 USD
CY2021 el Contract With Customer Liability Other Adjustments
ContractWithCustomerLiabilityOtherAdjustments
-1000000 USD
CY2020 el Contract With Customer Liability Other Adjustments
ContractWithCustomerLiabilityOtherAdjustments
0 USD
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
371000000 USD
CY2020Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
279000000 USD
CY2021Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2021Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
322000000 USD
CY2021Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14863000000 USD
CY2019 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3387000000 USD
CY2019 us-gaap Gross Profit
GrossProfit
11476000000 USD
CY2019 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
8857000000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
2313000000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
513000000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1785000000 USD
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.91
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.82
CY2019Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1831000000 USD
CY2019Q2 us-gaap Inventory Net
InventoryNet
2006000000 USD
CY2019Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
805000000 USD
CY2019Q2 us-gaap Assets
Assets
13156000000 USD
CY2019Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2599000000 USD
CY2019Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1244000000 USD
CY2019Q2 us-gaap Liabilities
Liabilities
8745000000 USD
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
9984000000 USD
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-563000000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
4386000000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
1794000000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
169000000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
375000000 USD
CY2019 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
62000000 USD
CY2019 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
285000000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2517000000 USD
CY2021Q2 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
242000000 USD
CY2021 el Minimum Period Of Service To Be Eligible For Employer Matching Contribution
MinimumPeriodOfServiceToBeEligibleForEmployerMatchingContribution
P1Y
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
49000000 USD
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
37000000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
44000000 USD
CY2021Q2 us-gaap Deferred Compensation Arrangement With Individual Recorded Liability
DeferredCompensationArrangementWithIndividualRecordedLiability
108000000 USD
CY2020Q2 us-gaap Deferred Compensation Arrangement With Individual Recorded Liability
DeferredCompensationArrangementWithIndividualRecordedLiability
85000000 USD
CY2021Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
1686000000 USD
CY2020Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
1568000000 USD
CY2021 el Minimum Period To Be Eligible For Participation Full Time Employees
MinimumPeriodToBeEligibleForParticipationFullTimeEmployees
P30D
CY2021 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
31000000 USD
CY2020 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
5000000 USD
CY2019 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
8000000 USD
CY2021Q2 el Debt Longterm And Shortterm Combined And Interest
DebtLongtermAndShorttermCombinedAndInterest
8338000000 USD
CY2021Q2 el Debt Longterm And Shortterm Combined And Interest Maturities Repayments Of Principal In Next Twelve Months
DebtLongtermAndShorttermCombinedAndInterestMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
193000000 USD
CY2021Q2 el Debt Longterm And Shortterm Combined And Interest Maturities Repayments Of Principal In Year Two
DebtLongtermAndShorttermCombinedAndInterestMaturitiesRepaymentsOfPrincipalInYearTwo
423000000 USD
CY2021Q2 el Debt Longterm And Shortterm Combined And Interest Maturities Repayments Of Principal In Year Three
DebtLongtermAndShorttermCombinedAndInterestMaturitiesRepaymentsOfPrincipalInYearThree
171000000 USD
CY2021Q2 el Debt Longterm And Shortterm Combined And Interest Maturities Repayments Of Principal In Year Four
DebtLongtermAndShorttermCombinedAndInterestMaturitiesRepaymentsOfPrincipalInYearFour
666000000 USD
CY2021Q2 el Debt Long Term And Short Term Combined And Interest Maturities Repayments Of Principal In Year Five
DebtLongTermAndShortTermCombinedAndInterestMaturitiesRepaymentsOfPrincipalInYearFive
160000000 USD
CY2021Q2 el Debt Longterm And Shortterm Combined And Interest Maturities Repayments Of Principal After Year Five
DebtLongtermAndShorttermCombinedAndInterestMaturitiesRepaymentsOfPrincipalAfterYearFive
6725000000 USD
CY2021Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
4635000000 USD
CY2021 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y
CY2021Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
2283000000 USD
CY2021Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
678000000 USD
CY2021Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
545000000 USD
CY2021Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
623000000 USD
CY2021Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary
145000000 USD
CY2021Q2 us-gaap Unrecorded Unconditional Purchase Obligation Due After Five Years
UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears
361000000 USD
CY2021Q2 el Gross Unrecognized Tax Benefits And Interest Current Due
GrossUnrecognizedTaxBenefitsAndInterestCurrentDue
7000000 USD
CY2021Q2 el Gross Unrecognized Tax Benefits And Interest Current Due Within One Year
GrossUnrecognizedTaxBenefitsAndInterestCurrentDueWithinOneYear
7000000 USD
CY2021Q2 el Transition Tax Payable Payments Due
TransitionTaxPayablePaymentsDue
265000000 USD
CY2021Q2 el Transition Tax Payable Payments Due Within One Year
TransitionTaxPayablePaymentsDueWithinOneYear
27000000 USD
CY2021Q2 el Transition Tax Payable Payments Due In Second Year
TransitionTaxPayablePaymentsDueInSecondYear
27000000 USD
CY2021Q2 el Transition Tax Payable Payments Due In Third Year
TransitionTaxPayablePaymentsDueInThirdYear
52000000 USD
CY2021Q2 el Transition Tax Payable Payments Due In Fourth Year
TransitionTaxPayablePaymentsDueInFourthYear
69000000 USD
CY2021Q2 el Transition Tax Payable Payments Due In Fifth Year
TransitionTaxPayablePaymentsDueInFifthYear
90000000 USD
CY2021Q2 el Transition Tax Payable Payments Due In After Five Year
TransitionTaxPayablePaymentsDueInAfterFiveYear
0 USD
CY2021Q2 us-gaap Contractual Obligation
ContractualObligation
13245000000 USD
CY2021Q2 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
2510000000 USD
CY2021Q2 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
1128000000 USD
CY2021Q2 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
768000000 USD
CY2021Q2 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
1358000000 USD
CY2021Q2 us-gaap Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
395000000 USD
CY2021Q2 us-gaap Contractual Obligation Due After Fifth Year
ContractualObligationDueAfterFifthYear
7086000000 USD
CY2021 el Projected Interest Costs On Long Term And Current Debt Due Within One Year
ProjectedInterestCostsOnLongTermAndCurrentDebtDueWithinOneYear
179000000 USD
CY2021 el Projected Interest Costs On Long Term And Current Debt Due In Second Year
ProjectedInterestCostsOnLongTermAndCurrentDebtDueInSecondYear
173000000 USD
CY2021 el Projected Interest Costs On Long Term And Current Debt Due In Third Year
ProjectedInterestCostsOnLongTermAndCurrentDebtDueInThirdYear
171000000 USD
CY2021 el Projected Interest Costs On Long Term And Current Debt Due In Fourth Year
ProjectedInterestCostsOnLongTermAndCurrentDebtDueInFourthYear
166000000 USD
CY2021 el Projected Interest Costs On Long Term And Current Debt Due In Fifth Year
ProjectedInterestCostsOnLongTermAndCurrentDebtDueInFifthYear
160000000 USD
CY2021 el Projected Interest Costs On Long Term And Current Debt Due In Thereafter
ProjectedInterestCostsOnLongTermAndCurrentDebtDueInThereafter
1925000000 USD
CY2021Q2 el Unrecognized Tax Benefits Including Income Tax Penalties And Interest Accrued Noncurrent
UnrecognizedTaxBenefitsIncludingIncomeTaxPenaltiesAndInterestAccruedNoncurrent
70000000 USD
CY2021 el Transition Tax Payable Term
TransitionTaxPayableTerm
P8Y
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
41000000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
47000000 USD
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.90
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.91
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.79
CY2021Q2 el Number Of Active Share Based Compensation Plans
NumberOfActiveShareBasedCompensationPlans
2 plan
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
327000000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
213000000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
243000000 USD
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
50000000 USD
CY2021Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
230000000 USD
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.86
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2870000000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
684000000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1785000000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
362900000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
360600000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
363500000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
368200000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
366900000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
370400000 shares
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
7.91
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.82
CY2021 el Capital Lease And Asset Retirement Obligations Incurred
CapitalLeaseAndAssetRetirementObligationsIncurred
3000000 USD
CY2020 el Capital Lease And Asset Retirement Obligations Incurred
CapitalLeaseAndAssetRetirementObligationsIncurred
2000000 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
166000000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
153000000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
131000000 USD
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
664000000 USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
537000000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
588000000 USD
CY2021 el Noncash Or Part Noncash Acquisition Purchase Price Adjustment
NoncashOrPartNoncashAcquisitionPurchasePriceAdjustment
0 USD
CY2020 el Noncash Or Part Noncash Acquisition Purchase Price Adjustment
NoncashOrPartNoncashAcquisitionPurchasePriceAdjustment
32000000 USD
CY2019 el Noncash Or Part Noncash Acquisition Purchase Price Adjustment
NoncashOrPartNoncashAcquisitionPurchasePriceAdjustment
0 USD
CY2019 el Capital Lease And Asset Retirement Obligations Incurred
CapitalLeaseAndAssetRetirementObligationsIncurred
15000000 USD
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
97000000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
39000000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
52000000 USD
CY2021 el Purchase Price Payable
PurchasePricePayable
103000000 USD
CY2020 el Purchase Price Payable
PurchasePricePayable
0 USD
CY2019 el Purchase Price Payable
PurchasePricePayable
0 USD
CY2021 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2021 el Net Sales Before Returns Associated With Restructuring Activities
NetSalesBeforeReturnsAssociatedWithRestructuringActivities
16229000000 USD
CY2020 el Net Sales Before Returns Associated With Restructuring Activities
NetSalesBeforeReturnsAssociatedWithRestructuringActivities
14294000000 USD
CY2019 el Net Sales Before Returns Associated With Restructuring Activities
NetSalesBeforeReturnsAssociatedWithRestructuringActivities
14866000000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16215000000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14294000000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14863000000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
651000000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
611000000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
557000000 USD
CY2021 el Operating Income Loss Before Total Returns And Charges Associated With Restructuring Activities
OperatingIncomeLossBeforeTotalReturnsAndChargesAssociatedWithRestructuringActivities
2846000000 USD
CY2020 el Operating Income Loss Before Total Returns And Charges Associated With Restructuring Activities
OperatingIncomeLossBeforeTotalReturnsAndChargesAssociatedWithRestructuringActivities
689000000 USD
CY2019 el Operating Income Loss Before Total Returns And Charges Associated With Restructuring Activities
OperatingIncomeLossBeforeTotalReturnsAndChargesAssociatedWithRestructuringActivities
2554000000 USD
CY2021 us-gaap Restructuring Charges
RestructuringCharges
228000000 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
83000000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
241000000 USD
CY2021 us-gaap Interest Expense
InterestExpense
173000000 USD
CY2020 us-gaap Interest Expense
InterestExpense
161000000 USD
CY2019 us-gaap Interest Expense
InterestExpense
133000000 USD
CY2021 us-gaap Investment Income Net
InvestmentIncomeNet
51000000 USD
CY2020 us-gaap Investment Income Net
InvestmentIncomeNet
48000000 USD
CY2019 us-gaap Investment Income Net
InvestmentIncomeNet
58000000 USD
CY2021 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
12000000 USD
CY2020 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
4000000 USD
CY2019 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
2000000 USD
CY2021 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
847000000 USD
CY2020 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
557000000 USD
CY2019 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
71000000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3331000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1046000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2307000000 USD
CY2021 el Net Sales Before Returns Associated With Restructuring Activities
NetSalesBeforeReturnsAssociatedWithRestructuringActivities
16229000000 USD
CY2020 el Net Sales Before Returns Associated With Restructuring Activities
NetSalesBeforeReturnsAssociatedWithRestructuringActivities
14294000000 USD
CY2019 el Net Sales Before Returns Associated With Restructuring Activities
NetSalesBeforeReturnsAssociatedWithRestructuringActivities
14866000000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
16215000000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14294000000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14863000000 USD
CY2021 el Operating Income Loss Before Total Returns And Charges Associated With Restructuring Activities
OperatingIncomeLossBeforeTotalReturnsAndChargesAssociatedWithRestructuringActivities
2846000000 USD
CY2020 el Operating Income Loss Before Total Returns And Charges Associated With Restructuring Activities
OperatingIncomeLossBeforeTotalReturnsAndChargesAssociatedWithRestructuringActivities
689000000 USD
CY2019 el Operating Income Loss Before Total Returns And Charges Associated With Restructuring Activities
OperatingIncomeLossBeforeTotalReturnsAndChargesAssociatedWithRestructuringActivities
2554000000 USD
CY2021 us-gaap Restructuring Charges
RestructuringCharges
228000000 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
83000000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
241000000 USD
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
2618000000 USD
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
606000000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
2313000000 USD
CY2021Q2 us-gaap Assets
Assets
21971000000 USD
CY2020Q2 us-gaap Assets
Assets
17781000000 USD
CY2019Q2 us-gaap Assets
Assets
13156000000 USD
CY2021Q2 us-gaap Noncurrent Assets
NoncurrentAssets
4470000000 USD
CY2020Q2 us-gaap Noncurrent Assets
NoncurrentAssets
4337000000 USD
CY2019Q2 us-gaap Noncurrent Assets
NoncurrentAssets
2068000000 USD

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