Analysis: Deferred Assets and Liabilities, Net

Entity Registrant Name PROCTER & GAMBLE CO
CIK 0000080424
Accession number 0000080424-14-000057
Link to XBRL instance http://www.sec.gov/Archives/edgar/data/80424/000008042414000057/pg-20140630.xml
Fiscal year end --06-30
Fiscal year focus 2014
Fiscal period focus FY
Current balance sheet date 2014-06-30
Current year-to-date income statement start date 2013-07-01
Commentary Conforms with all rules.
Level 3 Text Block concept us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Deferred income tax assets and liabilities were comprised of the following:
June 30
2014
 
2013
DEFERRED TAX ASSETS
 
 
 
Pension and postretirement benefits
$
2,045

 
$
1,777

Stock-based compensation
1,060

 
1,125

Loss and other carryforwards
1,211

 
1,062

Goodwill and other intangible assets
49

 
60

Accrued marketing and promotion
258

 
285

Fixed assets
115

 
135

Unrealized loss on financial and foreign exchange transactions
352

 
324

Accrued interest and taxes
66

 
15

Inventory
35

 
46

Other
809

 
879

Valuation allowances
(384
)
 
(341
)
TOTAL
5,616

 
5,367

 
 
 
DEFERRED TAX LIABILITIES
 
 
 
Goodwill and other intangible assets
$
11,428

 
$
11,941

Fixed assets
1,665

 
1,718

Other
144

 
315

TOTAL
13,237

 
13,974

Level 4 Details Key Concepts: Deferred tax assets (liabilities)

Description Fact value US GAAP XBRL Concept
Deferred tax assets, gross 0
Valuation allowance -384,000,000 us-gaap:DeferredTaxAssetsValuationAllowance
Deferred tax assets, net 5,616,000,000 us-gaap:DeferredTaxAssetsNet
Deferred tax liabilities -13,237,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net -7,621,000,000
CHECK 0

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(Classified balance sheet) Deferred tax assets (liabilities), net components current/noncurrent asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets, net, current 1,092,000,000 us-gaap:DeferredTaxAssetsNetCurrent
Deferred tax assets, net, noncurrent 0
Deferred tax liabilities, net, current 0
Deferred tax liabilities, net, noncurrent -10,218,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net -7,621,000,000
CHECK 0

*

(Unclassified balance sheet) Deferred tax assets (liabilities), net components asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets 5,616,000,000 us-gaap:DeferredTaxAssetsNetCurrent
Deferred tax liabilities, net -13,237,000,000 us-gaap:DeferredTaxLiabilities
Deferred tax assets (liabilities), net -7,621,000,000
CHECK 0

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