宝洁 2024年度报告

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. YesoNoþ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.YesþNoo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).YesþNoo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company.See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large accelerated filerþAccelerated filer¨Emerging growth companyNon-accelerated filer¨Smaller reporting company¨ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financialaccounting standards provided pursuant to Section 13(a) of the Exchange Act.¨ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correctionof an error to previously issued financial statements.¨ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’sexecutive officers during the relevant recovery period pursuant to §240.10D-1(b).¨ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yeso NoþFalse Documents Incorporated by Reference Portions of the Proxy Statement for the 2025 Annual Meeting of Shareholders, which will be filed within one hundred and twenty days of the fiscal year ended June30, 2025 (2025Proxy Statement), are incorporated by reference into Part III of this report to the extent described herein. PART I Item1.Business. The Procter& Gamble Company (the Company) is a world-leading multinational consumer goods company focused on providingtrusted, branded products of superior quality, performance and value to improve the lives of consumers around the world - now and forgenerations to come. Our products are sold in about 180 countries and territories throughout the world. The Company wasincorporated in Ohio in 1905, having first been established as a New Jersey corporation in 1890, and was built from a businessfounded in Cincinnati in 1837 by William Procter and James Gamble. Additional information required by this item is incorporated herein by reference to Management's Discussion and Analysis (MD&A);and Notes 1 and 2 to our Consolidated Financial Statements. Unless the context indicates otherwise, the terms "Company," "P&G,""we," "our" or "us" as used herein refer to The Procter& Gamble Company (the registrant) and its subsidiaries. Throughout this Form10-K, we incorporate by reference information from other documents filed with the Securities and Exchange Commission (SEC). The Company's Annual Report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, and amendmentsthereto, are filed electronically with the SEC. The SEC maintains an internet site that contains these reports at: www.sec.gov. Reportscan also be accessed and downloaded through links from our website at: www.pginvestor.com. P&G includes the website link solelyas a textual reference and the information on our website is not incorporated by reference into this report. Copies of these reports arealso available, without charge, by contacting EQ Shareowner Services, 1100 Centre Pointe Curve, Suite 101, Mendota, MN 55120-4100. Financial Information about Segments Information about our reportable segments can be found in the MD&A and Note 2 to our Consolidated Financial Statements. Narrative Description of Business Business Model. Our business model is focused on delivering sustainable value creation by driving balanced top- and bottom-linegrowth. We create, manufacture, market and distribute a diversified portfolio of daily-use products to delight consumers withirresistible superiority across five key vectors - product performance, packaging, brand communication, retail execution and value. Weinvest in research and development and consumer insights to invent new categories or products and innovate our existing products,ensuring they meet evolving consumer needs and preferences. We lever