Catalent (CTLT) 10-Q 2 Nov 21 2022 FY Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Sep. 30, 2021	Oct. 26, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	001-36587
Entity Registrant Name	Catalent, Inc.
Entity Incorporation, State or Country Code	DE
Entity Address, State or Province	NJ
Entity Tax Identification Number	20-8737688
Entity Address, Address Line One	14 Schoolhouse Road,
Entity Address, City or Town	Somerset,
Entity Address, Postal Zip Code	08873
City Area Code	(732)
Local Phone Number	537-6200
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Common Stock
Trading Symbol	CTLT
Security Exchange Name	NYSE
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Central Index Key	0001596783
Current Fiscal Year End Date	--09-30
Entity Common Stock, Shares Outstanding (shares)		171,188,042

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions		3 Months Ended
		Sep. 30, 2021	Sep. 30, 2020
Income Statement [Abstract]
Net revenue		$ 1,025	$ 846
Cost of sales		701	597
Gross margin		324	249
Selling, general, and administrative expenses		183	165
Payments for (Proceeds from) Businesses and Interest in Affiliates	[1]	(1)	0
Operating earnings		138	82
Interest expense, net		26	26
Other (income)/expense, net		9	(11)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total		103	67
Income tax expense		10	(15)
Net earnings/(loss)		93	82
Net earnings/(loss)		93	82
Participating Securities, Distributed and Undistributed Earnings (Loss), Basic		9	13
Net Income (Loss) Available to Common Stockholders, Basic		$ 84	$ 69
Earnings Per Share, Basic		$ 0.49	$ 0.42
Earnings Per Share, Diluted		$ 0.49	$ 0.41
Other Cost and Expense, Operating		$ 4	$ 2
[1]	(b)    Gain on sale of subsidiary for the three months ended September 30, 2021 is affiliated with the sale of the Blow-Fill-Seal Business

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income / (Loss) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Other comprehensive income/(loss), net of tax
Net earnings/(loss)	$ 93	$ 82
Foreign currency translation adjustments	(14)	16
Pension and other post-retirement adjustments	1	0
Net change in derivatives and hedges, net of tax	1	0
Other comprehensive income/(loss), net of tax	(12)	16
Comprehensive income/(loss)	$ 81	$ 98

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2021	Jun. 30, 2021
Current assets:
Cash and cash equivalents	$ 1,969	$ 896
Trade receivables, net	831	1,012
Inventories	622	563
Prepaid expenses and other	459	376
Marketable Securities	50	71
Total current assets	3,931	2,918
Property, plant, and equipment, net	2,581	2,524
Other assets:
Goodwill	2,531	2,519
Other intangibles, net	793	817
Deferred Income Tax Assets, Net	70	66
Other Assets, Noncurrent	277	268
Total assets	10,183	9,112
Current Liabilities:
Debt, Current	79	75
Accounts payable	363	385
Other accrued liabilities	654	736
Total current liabilities	1,096	1,196
Long-term obligations, less current portion	4,225	3,166
Pension liability	133	137
Deferred Income Taxes	171	164
Other liabilities	178	175
Total liabilities	5,803	4,838
Temporary Equity, Carrying Amount, Attributable to Parent	359	359
Common Stock, Value, Outstanding	2	2
Preferred Stock, Value, Outstanding	0	0
Additional paid in capital	4,234	4,205
Accumulated deficit	114	25
Accumulated other comprehensive income/(loss)	(329)	(317)
Total shareholders' equity	4,021	3,915
Total liabilities, redeemable preferred stock, and shareholders’ equity	$ 10,183	$ 9,112

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2021	Jun. 30, 2021
Statement of Financial Position [Abstract]
Common Stock, Par or Stated Value Per Share		$ 0.01
Common Stock, Shares Authorized	1,000,000,000	1,000,000,000
Common stock, shares issued (shares)	171,032,640	170,549,341
Common Stock, Shares, Outstanding	171,032,640	170,549,341
Preferred Stock, Par or Stated Value Per Share	$ 0.01
Preferred Stock, Shares Authorized	100,000,000	100,000,000
Preferred Stock, Shares Issued	384,777	384,777
Preferred Stock, Shares Outstanding	384,777	384,777
Accounts Receivable, Allowance for Credit Loss, Current	$ 15	$ 12
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$ 1,215	$ 1,179

Consolidated Statement of Chang

Consolidated Statement of Changes in Shareholder's Equity - USD ($)	Total	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Income/(Loss)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Temporary Equity, Carrying Amount, Attributable to Parent	$ 607,000,000
Common Stock, Shares, Outstanding		162,788,000
Temporary Equity, Carrying Amount, Attributable to Parent	607,000,000
Beginning Balance at Jun. 30, 2020	2,900,000,000	$ 2,000,000	$ 3,819,000,000	$ (535,000,000)	$ (386,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity offering, sale of common stock,	82,000,000	0	82,000,000
Stock Issued During Period, Value, Stock Options Exercised	0	0	0
Stock-based compensation	19,000,000		19,000,000
Cash paid, in lieu of equity, for tax withholding	(20,000,000)		(20,000,000)
APIC, Share-based Payment Arrangement, ESPP, Increase for Cost Recognition	1,000,000		1,000,000
Dividends, Preferred Stock	8,000,000			8,000,000
Net earnings/(loss)	82,000,000			82,000,000
Other comprehensive income/(loss), net of tax	16,000,000				16,000,000
Ending Balance at Sep. 30, 2020	3,072,000,000	$ 2,000,000	3,901,000,000	(461,000,000)	(370,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity offering, sale of common stock		1,162,000
Temporary Equity, Carrying Amount, Attributable to Parent	607,000,000
Common Stock, Shares, Outstanding		164,567,000
Temporary Equity, Carrying Amount, Attributable to Parent	607,000,000
Temporary Equity, Carrying Amount, Attributable to Parent	$ 359,000,000
Common Stock, Shares, Outstanding	170,549,341	170,549,000,000
Temporary Equity, Carrying Amount, Attributable to Parent	$ 359,000,000
Beginning Balance at Jun. 30, 2021	3,915,000,000	$ 2,000,000	4,205,000,000	25,000,000	(317,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity offering, sale of common stock,		0
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	0
Stock Issued During Period, Value, Conversion of Convertible Securities			(253,000,000)
Stock-based compensation	21,000,000		21,000,000
Cash paid, in lieu of equity, for tax withholding	(4,000,000)		(4,000,000)
APIC, Share-based Payment Arrangement, ESPP, Increase for Cost Recognition	4,000,000		4,000,000
APIC, Share-based Payment Arrangement, Option, Increase for Cost Recognition	8,000,000		8,000,000
Dividends, Preferred Stock	4,000,000			4,000,000
Net earnings/(loss)	93,000,000			93,000,000
Other comprehensive income/(loss), net of tax	(12,000,000)				(12,000,000)
Ending Balance at Sep. 30, 2021	4,021,000,000	$ 2,000,000	$ 4,234,000,000	$ 114,000,000	$ (329,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture		484,000,000
Temporary Equity, Carrying Amount, Attributable to Parent	$ 359,000,000
Common Stock, Shares, Outstanding	171,032,640	171,033,000,000
Temporary Equity, Carrying Amount, Attributable to Parent	$ 359,000,000

Consolidated Statement of Cha_2

Consolidated Statement of Changes in Shareholder's Equity Consolidated Statement of Changes in Shareholders' Equity (Parenthetical)	3 Months Ended
	Sep. 30, 2020shares
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance - Common Stock Outstanding (shares)	162,788,000
Equity offering, sale of common stock	1,162,000
Share issuances related to stock-based compensation	617,000
Ending Balance - Common Stock Outstanding (shares)	164,567,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)		3 Months Ended
		Sep. 30, 2021	Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings/(loss)		$ 93,000,000	$ 82,000,000
Adjustments to reconcile earnings/(loss) from operations to net cash from operations:
Depreciation and amortization		81,000,000	69,000,000
Non-cash foreign currency transaction (gain)/loss, net		9,000,000	4,000,000
Amortization and write-off of debt financing costs		2,000,000	2,000,000
Asset impairments charges and (gain)/loss on sale of assets		3,000,000	(2,000,000)
Payments for (Proceeds from) Businesses and Interest in Affiliates	[1]	(1,000,000)	0
Debt Call Premium Fees		4,000,000	0
Derivative, Gain (Loss) on Derivative, Net		(2,000,000)	(9,000,000)
Stock-based compensation		21,000,000	19,000,000
Provision/(benefit) for deferred income taxes		(8,000,000)	11,000,000
Provision for bad debts and inventory		10,000,000	8,000,000
Change in operating assets and liabilities:
Decrease/(increase) in trade receivables		185,000,000	144,000,000
Decrease/(increase) in inventories		(63,000,000)	(66,000,000)
Increase/(decrease) in accounts payable		(6,000,000)	7,000,000
Other assets/accrued liabilities, net — current and non-current		(165,000,000)	(93,000,000)
Net Cash Provided by (Used in) Operating Activities, Total		163,000,000	150,000,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property and equipment and other productive assets		(154,000,000)	(150,000,000)
Proceeds from Sale and Maturity of Marketable Securities		20,000,000	0
Settlement on sale of subsidiaries, net		3,000,000	0
Payment for acquisitions, net of cash acquired		26,000,000	0
Payments to Acquire Investments		4,000,000	1,000,000
Net cash (used in) investing activities		(167,000,000)	(151,000,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net change in other borrowings		0	(4,000,000)
Proceeds from Issuance of Debt		1,096,000,000	0
Payments related to long-term obligations		(3,000,000)	(2,000,000)
Payments of Debt Issuance Costs		(15,000,000)	0
Dividends and Interest Paid		(4,000,000)	(8,000,000)
Proceeds from sale of common stock, net		0	82,000,000
Cash paid, in lieu of equity, for tax withholding		(4,000,000)	(20,000,000)
Proceeds from (Repurchase of) Equity [Abstract]
Proceeds from Stock Options Exercised		8,000,000	0
Proceeds from (Payments for) Other Financing Activities		4,000,000	2,000,000
Net cash (used in)/provided by financing activities		1,082,000,000	50,000,000
Effect of foreign currency exchange on cash		(5,000,000)	5,000,000
NET INCREASE/(DECREASE) IN CASH AND EQUIVALENTS		1,073,000,000	54,000,000
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD		896,000,000	953,000,000
CASH AND EQUIVALENTS AT END OF PERIOD		1,969,000,000	1,007,000,000
SUPPLEMENTARY CASH FLOW INFORMATION:
Interest paid		40,000,000	43,000,000
Income taxes paid, net		$ 15,000,000	$ 9,000,000
[1]	(b)    Gain on sale of subsidiary for the three months ended September 30, 2021 is affiliated with the sale of the Blow-Fill-Seal Business

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	3 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Business Catalent, Inc. ( “ Catalent ” or the “ Company ” ) directly and wholly owns PTS Intermediate Holdings LLC ( “ Intermediate Holdings ” ). Intermediate Holdings directly and wholly owns Catalent Pharma Solutions, Inc. ( “ Operating Company ” ). The financial results of Catalent are comprised of the financial results of Operating Company and its subsidiaries on a consolidated basis. Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States ( “U.S. GAAP ” ) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. Operating results for the three months ended September 30, 2021 are not necessarily indicative of the results that may be expected for the year ending June 30, 2022. The consolidated balance sheet at June 30, 2021 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by U.S. GAAP for complete financial statements. For further information on the Company's accounting policies and footnotes, refer to the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2021 filed with the Securities and Exchange Commission (the “SEC”). Reclassifications Certain prior-period amounts have been reclassified to conform to the current period presentation. These reclassifications did not have a material impact on the consolidated statements of operations, consolidated balance sheets, consolidated statements of cash flows, or notes to the consolidated financial statements. Foreign Currency Translation The financial statements of the Company’s operations are generally measured using the local currency as the functional currency. Adjustments to translate the assets and liabilities of operations outside the U.S. into U.S. dollars are accumulated as a component of other comprehensive income utilizing period-end exchange rates. Since July 1, 2018, the Company has accounted for its Argentine operations as highly inflationary. Depreciation Expense Depreciation expense was $58 million and $46 million, for the three months ended September 30, 2021 and 2020, respectively. Depreciation expense includes amortization of assets related to finance leases. The Company charges repairs and maintenance costs to expense as incurred. Research and Development Costs The Company expenses research and development costs as incurred. Research and development costs amounted to $6 million for both the three months ended September 30, 2021 and 2020. Marketable Securities The Company classifies its marketable securities as available-for-sale, because it may sell certain of its marketable securities prior to the stated maturity for various reasons, including management of liquidity, credit risk, duration, relative return, and asset allocation. The Company determines the fair value of each marketable security in its portfolio at each period end and recognizes gains and losses in the portfolio in other comprehensive income. As of September 30, 2021, the amortized cost basis of marketable securities approximates fair value and all outstanding marketable securities mature within one year. Recent Financial Accounting Standards Recently Adopted Accounting Standards In December 2019, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2019-12 , Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes , which eliminates certain exceptions related to the incremental approach for intra-period allocation, deferred tax recognition requirement for changes in equity method investments and non U.S. subsidiaries, and methodology for calculating income taxes in an interim period. The guidance also simplifies certain aspects of the accounting for franchise taxes, the accounting for step-up in the tax basis of goodwill, and accounting for the change in the enacted change in tax laws or rates. The Company adopted the guidance on July 1, 2021. The adoption of this guidance did not have a material impact on the Company’s financial condition or results of operations. In August 2018, the FASB issued ASU 2018-14, Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20): Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plan, which removes certain disclosures and added additional disclosures around weighted-average interest crediting rates for cash balance plans and explanation for significant gains and losses related to change in the benefit obligation for the period. The Company adopted the guidance on July 1, 2021. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements. New Accounting Standards Not Adopted as of September 30, 2021 In March 2020, the FASB issued ASU 2020-04 , Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting , which provides optional guidance to ease the potential burden in accounting for the discontinuation of a reference rate such as LIBOR, formerly known as the London Interbank Offered Rate, because of reference rate reform. The expedients and exceptions provided by the guidance do not apply to contract modifications made and hedging relationships entered into or evaluated after December 31, 2022. The ASU is effective for all entities as of March 12, 2020 through December 31, 2022. The Company is currently evaluating the impact of adopting this guidance on its consolidated financial statements.

Revenue Recognition

Revenue Recognition	3 Months Ended
	Sep. 30, 2021
Revenue Recognition [Abstract]
Revenue from Contract with Customer [Policy Text Block]	REVENUE RECOGNITION The Company recognizes revenue in accordance with ASC 606, Revenue from Contracts with Customers . The Company generally earns its revenue by supplying goods or providing services under contracts with its customers in three primary revenue streams: manufacturing and commercial product supply, development services, and clinical supply services. The Company measures the revenue from customers based on the consideration specified in its contracts, excluding any sales incentive or amount collected on behalf of a third party. The Company generally expenses sales commissions as incurred because either the amortization period is one year or less, or the balance with an amortization period greater than one year is not material. The following tables allocate revenue, for the three months ended September 30, 2021 and 2020, by type of activity and reporting segment (in millions): Three Months Ended September 30, 2021 Biologics Softgel and Oral Technologies Oral and Specialty Delivery Clinical Supply Services Total Manufacturing & commercial product supply $ 134 $ 207 $ 88 $ — $ 429 Development services 412 36 58 — 506 Clinical supply services — — — 96 96 Total $ 546 $ 243 $ 146 $ 96 $ 1,031 Inter-segment revenue elimination (6) Combined net revenue $ 1,025 Three Months Ended September 30, 2020 Biologics Softgel and Oral Technologies Oral and Specialty Delivery Clinical Supply Services Total Manufacturing & commercial product supply $ 90 $ 190 $ 104 $ — $ 384 Development services 287 31 55 — 373 Clinical supply services — — — 93 93 Total $ 377 $ 221 $ 159 $ 93 $ 850 Inter-segment revenue elimination (4) Combined net revenue $ 846 The following table allocates revenue by the location where the goods were made or the service performed: Three Months Ended (Dollars in millions) 2021 2020 United States $ 630 $ 517 Europe 351 281 Other 72 69 Elimination of revenue attributable to multiple locations (28) (21) Total $ 1,025 $ 846 Contract Liabilities Contract liabilities relate to cash consideration that the Company receives in advance of satisfying the related performance obligations. The contract liabilities balance (current and non-current) as of September 30, 2021 and June 30, 2021 are as follows: (Dollars in millions) Balance at June 30, 2021 $ 321 Balance at September 30, 2021 $ 299 Revenue recognized in the period from amounts included in contracts liability at the beginning of the period: $ 82 Contract liabilities that will be recognized within 12 months of September 30, 2021 are accounted for in Other accrued liabilities and those that will be recognized longer than 12 months after September 30, 2021 are accounted for within Other liabilities. Contract Assets Contract assets primarily relate to the Company's conditional right to receive consideration for services that have been performed for a customer as of September 30, 2021 relating to the Company's development services but had not yet been invoiced as of September 30, 2021. Contract assets are transferred to trade receivables, net when the Company’s right to receive the consideration becomes unconditional. Contract assets totaled $224 million and $181 million as of September 30, 2021 and June 30, 2021, respectively. Contract assets are included in prepaid expenses and other in the consolidated balance sheets.

Business Combinations

Business Combinations	3 Months Ended
	Sep. 30, 2021
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	BUSINESS COMBINATIONS AND DIVESTITURES Skeletal Cell Therapy Support SA Acquisition In November 2020, the Company acquired 100% of the equity interest in Skeletal Cell Therapy Support SA (“Skeletal”) for $15 million, as well as related supply agreements with the seller. Skeletal operates a cell therapy manufacturing facility in Gosselies, Belgium. The operations were assigned to the Company’s Biologics segment, expanding the Company’s cell therapy capacity for clinical and commercial supply. The acquisition, when combined with the Company's other European-based facilities and capabilities in cell therapy, has created an integrated European center of excellence in cell therapy. The Company accounted for the Skeletal acquisition using the acquisition method in accordance with ASC 805. The Company funded the entire purchase price with cash on hand and allocated the purchase price among the acquired assets, recognizing goodwill of $9 million. The Company allocated the remainder of the purchase price to trade receivables, property, plant, and equipment, and other current and non-current assets and liabilities assumed in the acquisition. Results for the three months ended September 30, 2021 were not material to the Company’s statement of operations, financial position, or cash flows. Acorda Therapeutics, Inc. Acquisition In February 2021, the Company acquired the manufacturing and packaging operations of Acorda Therapeutics, Inc.'s (“Acorda”) dry powder inhaler and spray dry manufacturing business, including its manufacturing facility located near Boston, Massachusetts, for $83 million, subject to customary adjustments. In connection with the purchase, Acorda and the Company entered into a long-term supply agreement, under which the Company will continue the manufacture and packaging of an Acorda product at the facility. The facility and operations became part of the Company’s Oral and Specialty Delivery segment. Results of the business acquired were not material to the Company's statement of operations, financial position, or cash flows for the three months ended September 30, 2021. The Company accounted for the Acorda transaction using the acquisition method in accordance with ASC 805. The Company funded the entire purchase price with cash on hand and preliminarily allocated the purchase price among the acquired assets, recognizing property, plant, and equipment of $79 million, inventory of $2 million, and goodwill of $2 million. The remainder of the purchase price was preliminarily allocated to other current and non-current assets and liabilities assumed in the acquisition. The Company has not completed its analysis regarding the assets acquired and liabilities assumed. Therefore, the allocation to goodwill and inventory are preliminary and subject to finalization. The Company expects to finalize its allocation over the next several months, but, in any event, within one year from the closing. Delphi Genetics SA Acquisition In February 2021, the Company acquired 100% of the equity interest in Delphi Genetics SA (“Delphi”) for $50 million, subject to customary adjustments. Delphi is a plasmid DNA (pDNA) cell and gene therapy contract development and manufacturing organization based in Gosselies, Belgium. The facility and operations acquired became part of the Company’s Biologics segment. Results of the business acquired were not material to the Company's statement of operations, financial position, or cash flows for the three months ended September 30, 2021. The Company accounted for the Delphi transaction using the acquisition method in accordance with ASC 805. The Company funded the entire purchase price with cash on hand and preliminarily allocated the purchase price recognizing property, plant, and equipment of $4 million, intangible assets of $7 million, other current assets of $3 million, assumed debt of $6 million, other current liabilities of $1 million and goodwill of $43 million. The Company has not completed its analysis regarding the assets acquired and liabilities assumed. Therefore, the allocation to property, plant, and equipment, intangible assets, goodwill, and income taxes are preliminary and subject to finalization. The Company expects to finalize its allocation over the next several months, but, in any event, within one year from the acquisition date. Hepatic Cell Therapy Support SA Asset Acquisition In April 2021, the Company acquired 100% of the equity interest in Hepatic Cell Therapy Support SA (“Hepatic”) for approximately $15 million, net of cash acquired and debt assumed. Hepatic operates a manufacturing facility at the same location where Skeletal operates a cell therapy manufacturing facility in Gosselies, Belgium. The facility acquired expands the Company’s cell therapy capacity for clinical and commercial supply in its Biologics segment. The Company accounted for the Hepatic transaction as an asset acquisition in accordance with ASC 805. The Company funded the entire purchase price with cash on hand and allocated the purchase price to the assets acquired and liabilities assumed recognizing property, plant, and equipment of $13 million, other current and non-current assets of $3 million, and assumed debt of $1 million. RheinCell Therapeutics GmbH Acquisition In August 2021, the Company acquired 100% of the equity interest in RheinCell Therapeutics GmbH (“RheinCell”) for approximately $26 million, net of cash acquired. RheinCell is a developer and manufacturer of cGMP-grade induced pluripotent stem cells (“iPSCs”) based in Lagenfeld, Germany. The operations acquired became part of the Company’s Biologics segment and builds upon Catalent’s existing custom cell therapy process development and manufacturing capabilities with proprietary cGMP cell lines for iPSC-based therapies. The Company accounted for the RheinCell transaction using the acquisition method in accordance with ASC 805. The Company funded the entire purchase price with cash on hand and preliminarily allocated the purchase price recognizing $3 million of other assets, $4 million of other current liabilities and goodwill of $27 million. Results of the business acquired were not material to the Company's statement of operations, financial position, or cash flows for the three months ended September 30, 2021. The Company has not completed its analysis regarding the assets acquired and liabilities assumed. Therefore, the allocation to property, plant, and equipment, intangible assets, goodwill, and income taxes are preliminary and subject to finalization. The Company expects to finalize its allocation over the next several months, but, in any event, within one year from the acquisition date. Bettera Holdings, LLC Acquisition In August 2021, the Company entered into an agreement to acquire Bettera Holdings, LLC (“Bettera”) for approximately $1.00 billion, subject to customary adjustments. Bettera is a manufacturer of nutraceuticals and nutritional supplements in gummy, soft chew, and lozenge delivery formats. On October 1, 2021, the Company completed the acquisition. For further details, see Note 18, Subsequent Events. Blow-Fill-Seal Divestiture In March 2021, the Company sold 100% of the shares of Catalent USA Woodstock, Inc. and certain related assets (collectively, the “Blow-Fill-Seal Business”) to a subsidiary of SK Capital Partners, LP for $300 million cash, a $50 million note receivable (estimated fair value of $47 million) as well as potential additional contingent consideration (up to $50 million) dependent upon the performance of aspects of the Blow-Fill-Seal Business. The Blow-Fill-Seal Business was part of the Oral and Specialty Delivery segment. The carrying value of the net assets sold was $149 million, which included goodwill of $54 million. As a result of the sale, the Company realized a gain from sale of subsidiary of $182 million, net of transaction costs, for the fiscal year ended June 30, 2021. During three months ended September 30, 2021, the Company settled a post-closing purchase price adjustment, which resulted in a gain on sale of subsidiary of $1 million. All consideration received was measured at its divestiture date fair value. The Company valued the total consideration received from divestiture of the Blow-Fill-Seal Business as follows: (Dollars in millions) Fair value of consideration received Cash, gross $ 300 Note receivable (1) 47 Contingent consideration (2) — Other (3) (16) Total $ 331 (1) The note receivable, which provides for interest at a rate of 5.0% paid in kind, had an estimated fair value of $47 million, which is the $50 million aggregate principal amount less a $3 million discount determined using a discounted cash flow model with the market interest rate as a significant input. (2) The Company determined that the estimated fair value of the contingent consideration from the sale of the Blow-Fill-Seal Business at September 30, 2021 is zero, and therefore, no contingent consideration was recorded as a result of the divestiture of the Blow-Fill-Seal Business. If any contingent consideration is subsequently received, it will be recorded in the period in which it is received. The Company has elected an accounting policy to recognize increases in the carrying amount of the contingent consideration asset using the gain contingency guidance in ASC 450, Contingencies .

Goodwill

Goodwill	3 Months Ended
	Sep. 30, 2021
Goodwill Disclosure [Abstract]
Goodwill	GOODWILL The following table summarizes the changes between June 30, 2021 and September 30, 2021 in the carrying amount of goodwill in total and by segment: (Dollars in millions) Biologics Softgel and Oral Technologies Oral and Specialty Delivery Clinical Supply Services Total Balance at June 30, 2021 $ 1,531 $ 516 $ 316 $ 156 $ 2,519 Additions (1) 25 — — — 25 Foreign currency translation adjustments (6) (4) (2) (1) (13) Balance at September 30, 2021 $ 1,550 $ 512 $ 314 $ 155 $ 2,531 (1) The addition to goodwill in the Biologics segment relates to the RheinCell acquisition and the Delphi acquisition. For further details, see Note 3, Business Combinations and Divestitures . The Company recorded no impairment charge to goodwill in the current period.

Other Intangibles, Net

Other Intangibles, Net	3 Months Ended
	Sep. 30, 2021
Intangible Assets Disclosure [Abstract]
Definite Lived Long-Lived Assets	INTANGIBLES, NET The details of other intangibles as of September 30, 2021 and June 30, 2021 are as follows: (Dollars in millions) Weighted Average Life Gross Carrying Value Accumulated Amortization Net Carrying Value September 30, 2021 Amortized intangibles: Core technology 19 years $ 139 $ (95) $ 44 Customer relationships 13 years 1,018 (321) 697 Product relationships 8 years 252 (210) 42 Other 5 years 19 (9) 10 Total other intangibles $ 1,428 $ (635) $ 793 (Dollars in millions) Weighted Average Life Gross Carrying Value Accumulated Amortization Net Carrying Value June 30, 2021 Amortized intangibles: Core technology 19 years $ 140 $ (94) $ 46 Customer relationships 14 years 1,024 (306) 718 Product relationships 11 years 281 (237) 44 Other 5 years 17 (8) 9 Total other intangibles $ 1,462 $ (645) $ 817 Amortization expense related to other intangible assets was $23 million for both the three months ended September 30, 2021 and 2020. Future amortization expense related to other intangible assets for the next five fiscal years is estimated to be: (Dollars in millions) Remainder 2023 2024 2025 2026 2027 Amortization expense $ 69 $ 92 $ 91 $ 90 $ 82 $ 69

Long-Term Obligations and Other

Long-Term Obligations and Other Short-Term Borrowings	3 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Long-Term Obligations and Other Short-Term Borrowings	LONG-TERM OBLIGATIONS AND SHORT-TERM BORROWINGS Long-term obligations and short-term borrowings consisted of the following at September 30, 2021 and June 30, 2021: (Dollars in millions) Maturity September 30, 2021 June 30, Senior secured credit facilities Term loan facility B-3 February 2028 $ 1,444 $ 997 5.000% senior notes due 2027 July 2027 500 500 2.375% Euro senior notes due 2028 (1) March 2028 965 984 3.125% senior notes due 2029 February 2029 550 550 3.500% senior notes due 2030 April 2030 650 — Deferred purchase consideration October 2021 50 50 Financing lease obligations 2021 to 2038 188 193 Other obligations 2021 to 2028 3 3 Unamortized discount and debt issuance costs (46) (36) Total debt $ 4,304 $ 3,241 Less: current portion of long-term obligations and other short-term 79 75 Long-term obligations, less current portion $ 4,225 $ 3,166 (1) The decrease in euro-denominated debt is primarily due to large fluctuations in foreign currency exchange rates. Senior Secured Credit Facilities and Sixth Amendment to the Credit Agreement In September 2021, Operating Company entered into Amendment No. 6 (the "Sixth Amendment") to its Amended and Restated Credit Agreement, dated May 20, 2014 (as subsequently amended, the "Credit Agreement"). Pursuant to the Sixth Amendment, Operating Company incurred an additional $450 million aggregate principal amount of U.S. dollar-denominated term loans (the "Incremental Term B-3 Loans") and amended the quarterly amortization from 0.25% to 0.2506% for the Incremental Term B-3 Loans and all of the remaining U.S. dollar-denominated term loans outstanding (together with the Incremental Term B-3 Loans, the “Term B-3 Loans”). The Incremental Term B-3 Loans otherwise feature the same principal terms as the existing Term B-3 Loans, with an interest rate of one-month LIBOR (subject to a floor of 0.50%) plus 2.00% per annum and a maturity date of February 2028. The proceeds of the Incremental Term B-3 Loans, after payment of the offering fees and expenses, were used in part to fund a portion of the consideration paid at the closing of the Bettera acquisition. 3.500% Senior Notes due 2030 In September 2021, Operating Company completed a private offering of $650 million aggregate principal amount of 3.500% Senior Notes due 2030 (the "2030 Notes"). The 2030 Notes are fully and unconditionally guaranteed, jointly and severally, by all of the wholly owned U.S. subsidiaries of Operating Company that guarantee its senior secured credit facilities. The 2030 Notes were offered in the U.S. to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and outside the U.S. only to non-U.S. investors pursuant to Regulation S under the Securities Act. The 2030 Notes will mature on April 1, 2030 and bear interest at the rate of 3.500% per annum payable semi-annually in arrears on April 1 and October 1 of each year, beginning on April 1, 2022. The proceeds of the 2030 Notes, after payment of the offering fees and expenses, were used to fund a portion of the consideration paid at the closing of the Bettera acquisition. Deferred Purchase Consideration In connection with the acquisition of Catalent Indiana, LLC in October 2017, $200 million of the $950 million aggregate nominal purchase price was payable in $50 million installments on each of the first four anniversaries of the closing date. The Company made installment payments in October 2018, October 2019, and October 2020 and paid the final installment in October 2021. Measurement of the Estimated Fair Value of Debt The estimated fair value of the Company’s senior secured credit facilities and other senior indebtedness is classified as a Level 2 determination (see Note 11, Fair Value Measurements , for a description of the method by which fair value classifications are determined) in the fair-value hierarchy and is calculated by using a discounted cash flow model with a market interest rate as a significant input. The carrying amounts and the estimated fair values of the Company’s principal categories of debt as of September 30, 2021 and June 30, 2021 are as follows: September 30, 2021 June 30, 2021 (Dollars in millions) Fair Value Measurement Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value 5.000% senior notes due 2027 Level 2 $ 500 $ 527 $ 500 $ 539 2.375% Euro senior notes due 2028 Level 2 965 982 984 993 3.125% senior notes due 2029 Level 2 550 531 550 524 3.500% senior notes due 2030 Level 2 650 642 — — Senior secured credit facilities & other Level 2 $ 1,685 $ 1,638 $ 1,243 $ 1,209 Subtotal $ 4,350 $ 4,320 $ 3,277 $ 3,265 Unamortized discount and debt issuance costs (46) — (36) — Total debt $ 4,304 $ 4,320 $ 3,241 $ 3,265

Earnings Per Share

Earnings Per Share	3 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE The Company computes earnings per share of the Company’s common stock, par value $0.01 (the “Common Stock”) using the two-class method required due to the participating nature of the Series A Preferred Stock (as defined and discussed in Note 14, Equity, Redeemable Preferred Stock and Accumulated Other Comprehensive Loss) . Diluted net earnings per share is computed using the weighted average number of shares of Common Stock outstanding plus the weighted average number of shares of Common Stock that would be issued assuming exercise or conversion of all potentially dilutive instruments. Dilutive securities having an anti-dilutive effect on diluted net earnings per share are excluded from the calculation. The dilutive effect of the securities that are issuable under the Company’s equity incentive plans are reflected in diluted earnings per share by application of the treasury stock method. The Company applies the if-converted method to compute the potentially dilutive effect of the Series A Preferred Stock. The reconciliations between basic and diluted earnings per share attributable to Catalent common shareholders for the three and three months ended September 30, 2021 and 2020, respectively, are as follows: Three Months Ended (In millions except per share data) 2021 2020 Net earnings $ 93 $ 82 Less: Net earnings attributable to preferred shareholders (9) (13) Net earnings attributable to common shareholders $ 84 $ 69 Weighted average shares outstanding - basic 171 164 Weighted average dilutive securities issuable - stock plans 1 2 Weighted average shares outstanding - diluted 172 166 Earnings per share: Basic $ 0.49 $ 0.42 Diluted $ 0.49 $ 0.41 The Company's Series A Preferred Stock is deemed a participating security, meaning that it has the right to participate in undistributed earnings with the Company's Common Stock. On November 23, 2020 (the “Partial Conversion Date”), holders of Series A Preferred Stock converted 265,223 shares and $2 million of unpaid accrued dividends into shares of Common Stock (the “Partial Conversion”). The holders received 20.33 shares of Common Stock for each converted preferred share, resulting in the issuance of 5,392,280 shares of Common Stock. See Note 14, Equity, Redeemable Preferred Stock and Accumulated Other Comprehensive Loss for further details. The diluted weighted average number of shares outstanding as of September 30, 2021 and 2020, respectively, did not include the shares of Common Stock associated with the Series A Preferred Stock due to their antidilutive effect: Three Months Ended (share counts in millions) 2021 2020 Stock options — — Time-based restricted stock units — — Performance-based restricted stock units — — Series A Preferred Stock 8 13

Other (Income)_ Expense, Net

Other (Income)/ Expense, Net	3 Months Ended
	Sep. 30, 2021
Other Income and Expenses [Abstract]
Other Income and Other Expense Disclosure [Text Block]	OTHER EXPENSE (INCOME), NET The components of other expense (income), net for the three months ended September 30, 2021 and 2020 are as follows: Three Months Ended (Dollars in millions) 2021 2020 Other expense (income), net Debt financing costs (1) $ 4 $ — Foreign currency losses (gains) (2) 9 (1) Other (3) (4) (10) Total other expense (income), net $ 9 $ (11) (1) Debt financing costs for the three months ended September 30, 2021 includes $4 million of financing charges related to the Company’s Incremental Term B-3 Loans. (2) Foreign currency remeasurement losses (gains) include both cash and non-cash transactions. (3) Other, for the three months ended September 30, 2021 and 2020 includes unrealized gains of $2 million and

Restructuring and Other Costs

Restructuring and Other Costs	3 Months Ended
	Sep. 30, 2021
Restructuring and Related Activities [Abstract]
Restructuring and other	RESTRUCTURING COSTS From time to time, the Company has implemented plans to restructure certain operations, both domestically and internationally. The restructuring plans focused on various aspects of operations, including closing and consolidating certain manufacturing operations, rationalizing headcount and aligning operations in a strategic and more cost-efficient structure. In addition, the Company may incur restructuring charges in the future in cases where a material change in the scope of operation with its business occurs. Employee-related costs consist primarily of severance costs and also include outplacement services provided to employees who have been involuntarily terminated and duplicate payroll costs during transition periods. Facility exit and other costs consist of equipment relocation costs and costs associated with planned facility expansions and closures to streamline Company operations. During the fiscal year ended June 30, 2021, the Company adopted a plan to reduce costs and optimize its infrastructure in Europe by closing its Clinical Supply Services facility in Bolton, U.K. In connection with this restructuring plan, the Company reduced its headcount by approximately 170 employees and incurred cumulative charges of $8 million, primarily associated with employee severance benefits. For the three months ended September 30, 2021, restructuring charges associated with the Bolton facility closure were $1 million. Total restructuring charges were $1 million for both the three months ended September 30, 2021 and 2020.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	3 Months Ended
	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIESRisk Management Objective of Using Derivatives The Company is exposed to fluctuations in the currency exchange rates on its applicable to its investments in operations outside the U.S. While the Company does not actively hedge against changes in foreign currency, the Company has mitigated its exposure from its investments in its European operations by denominating a portion of its debt in euros. At September 30, 2021, the Company had euro-denominated debt outstanding of $965 million (U.S. dollar equivalent), that is designated and qualifies as a hedge of a net investment in European operations. For non-derivatives designated and qualifying as net investment hedges, the effective portion of translation gains or losses are reported in accumulated other comprehensive loss as part of the cumulative translation adjustment. The non-hedge portions of the euro-denominated debt translation gains or losses are reported in the consolidated statement of operations. The following table includes net investment hedge activity during the three months ended September 30, 2021 and 2020. Three Months Ended (Dollars in millions) 2021 2020 Unrealized foreign exchange gain (loss) within other comprehensive income $ 22 $ (32) Unrealized foreign exchange loss within statement of operations $ (3) $ (2) The net accumulated gain on the instrument designated as a hedge as of September 30, 2021 within other comprehensive loss was approximately $28 million. Amounts are reclassified out of accumulated other comprehensive loss into earnings when the entity to which the gains and losses relate is either sold or substantially liquidated. Preferred Stock Derivative Liability As discussed in Note 14, Equity, Redeemable Preferred Stock, and Accumulated Other Comprehensive Loss, in May 2019, the Company issued shares of Series A Preferred Stock in exchange for net proceeds of $646 million after taking into account the $4 million issuance cost. The dividend rate used to determine the amount of the quarterly dividend payable on shares of the Series A Preferred Stock is subject to adjustment so as to provide holders of shares of Series A Preferred Stock with certain protections against a decline in the trading price of shares of Common Stock. The Company determined that this feature should be accounted for as a derivative liability, since the feature fluctuates inversely to changes in the trading price and is also linked to the performance of the S&P 500 stock index. Accordingly, the Company bifurcated the adjustable dividend feature from the remainder of the Series A Preferred Stock and accounted for this feature as a derivative liability at fair value. The Company recorded a total gain of $2 million and $9 million on the change in the estimated fair value of the derivative liability for the three months ended September 30, 2021 and 2020, respectively, which is reflected as other expense (income), net in the consolidated statements of operations. A portion of the derivative liability was settled on the Partial Conversion Date due to the Partial Conversion. The fair value of the derivative liability as of the Partial Conversion Date was $9 million, of which $4 million was related to the converted portion of the outstanding shares of Series A Preferred Stock. See Note 14, Equity, Redeemable Preferred Stock, and Accumulated Other Comprehensive Loss for details of the Partial Conversion. Interest-Rate Swap Pursuant to its interest rate and risk management strategy, in April 2020, the Company entered into an interest-rate swap agreement with Bank of America N.A. as a hedge against the economic effect of a portion of the variable interest obligation associated with its U.S. dollar-denominated term loans under its senior secured credit facilities, so that the interest payable on that portion of the debt becomes fixed at a certain rate, thereby reducing the impact of future interest rate changes on future interest expense. In February 2021, in connection with an amendment to the Credit Agreement, the Company settled the interest-rate swap agreement with Bank of America N.A. The Company paid $2 million in cash to Bank of America N.A to settle the interest-rate swap agreement. This loss is deferred in stockholders’ equity, net of income taxes, as a component of accumulated other comprehensive loss, and amortized as an adjustment to interest expense, net over the original term of the formerly outstanding term loans. The net amount of deferred losses on cash flow hedges that is expected to be reclassified from accumulated other comprehensive loss into interest expense, net within the next twelve months is not material. In February 2021, the Company entered into a new interest-rate swap agreement with Bank of America N.A. as a hedge against the economic effect of a portion of the variable interest obligation associated with its Term B-3 Loans, so that the interest payable on that portion of the Term B-3 Loans becomes fixed at a certain rate, thereby reducing the impact of future interest rate changes on future interest expense. As a result of entering into the interest-rate swap agreement, the floating portion of the applicable rate on $500 million of the Term B-3 Loans is now effectively fixed at 0.9985%. The new interest-rate swap agreement qualifies for and is designated as a cash-flow hedge. The Company evaluates hedge effectiveness at the inception of the hedge and on an ongoing basis. The cash flows associated with the interest-rate swap are reported in net cash provided by operating activities in the consolidated statements of cash flows. The unrealized gain or loss from the mark-to-market of the interest rate swap valuations during the three months ended September 30, 2021 and the fiscal year ended June 30, 2021 was immaterial in each period. A summary of the estimated fair value of the interest-rate swap reported in the consolidated balance sheets is stated in the table below: September 30, 2021 June 30, 2021 (Dollars in millions) Balance Sheet Classification Estimated Fair Value Balance Sheet Classification Estimated Fair Value Interest-rate swap Other long-term assets $ 3 Other long-term assets $ 2

Fair Value Measures and Disclos

Fair Value Measures and Disclosures	3 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Disclosures	FAIR VALUE MEASUREMENTS ASC 820, Fair Value Measurement, defines fair value as the exit price that would be received to sell an asset or paid to transfer a liability. Fair value is a market-based measurement that should be determined using assumptions that market participants would use in pricing an asset or liability. Valuation techniques used to measure fair value should maximize the use of observable inputs and minimize the use of unobservable inputs. To measure fair value, the Company uses the following fair value hierarchy based on three levels of inputs, of which Level 1 and Level 2 are considered observable and Level 3 is considered unobservable: Level 1 – Quoted prices in active markets for identical assets or liabilities. Level 2 – Inputs other than Level 1 that are observable for the asset or liability, either directly or indirectly, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data by correlation or other means. Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Value is determined using pricing models, discounted cash flow methodologies, or similar techniques and also includes instruments for which the determination of fair value requires significant judgment or estimation. Assets and Liabilities Measured at Fair Value on a Recurring Basis The carrying amounts of cash and cash equivalents, accounts receivable, accounts payable and accrued expenses of the Company approximate fair value based on the short maturities of these instruments. The Company evaluates its financial assets and liabilities subject to fair value measurements on a recurring basis to determine the appropriate level of classification as of the end of each reporting period. The following table sets forth the Company’s financial assets and liabilities that were measured at fair value on a recurring basis and the fair value measurement for such assets and liabilities at September 30, 2021 and June 30, 2021, respectively: (Dollars in millions) Basis of Fair Value Measurement September 30, 2021 Total Level 1 Level 2 Level 3 Assets: Marketable securities $ 50 $ 50 $ — $ — Interest-rate swap 3 — 3 — Trading securities 1 1 — — Liabilities: Series A Preferred Stock derivative liability 1 — — 1 June 30, 2021 Assets: Marketable securities $ 71 $ 71 $ — $ — Interest-rate swap 2 — 2 — Trading securities 1 1 — — Liabilities: Series A Preferred Stock derivative liability 3 — — 3 The fair value of the interest-rate swap agreement is determined at the end of each reporting period based on valuation models that use interest rate yield curves and discount rates as inputs. The discount rates are based on U.S. deposit or U.S. Treasury rates. The significant inputs used in the valuation models are readily available in public markets or can be derived from observable market transactions, and the valuation is therefore classified as Level 2 in the fair-value hierarchy. The estimated fair value of the Series A Preferred Stock derivative is determined using an option pricing methodology, specifically both a Monte Carlo simulation and a binomial lattice model. The methodology incorporates the terms and conditions of the preferred stock arrangement, historical stock price volatility, the risk-free interest rate, a credit spread based on the yield indexes of high-yield bonds, and the trading price of shares of the Common Stock. The calculation of the estimated fair value of the derivative liability is highly sensitive to changes in unobservable inputs, such as the expected volatility and the Company’s credit spread. The estimated fair value of the Series A Preferred Stock derivative liability is classified as Level 3 in the fair-value hierarchy due to the significant management judgment required to make the assumptions underlying the calculation of value. The following table sets forth a summary of changes in the estimated fair value of the Series A Preferred Stock derivative liability from June 30, 2021 to September 30, 2021: (Dollars in millions) Fair Value Measurements of Balance at June 30, 2021 $ 3 Change in estimated fair value of Series A Preferred Stock derivative liability (2) Balance at September 30, 2021 $ 1 Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis Long-lived assets, goodwill, and other intangible assets are subject to non-recurring fair value measurement for the evaluation of potential impairment. Other than the fair value estimates disclosed in Note 3, Business Com binations and Divestitures, there was no non-recurring fair value measurement during the three months ended September 30, 2021 and 2020.

Income Taxes

Income Taxes	3 Months Ended
	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The Company accounts for income taxes in accordance with ASC 740, Income Taxes . Generally, fluctuations in the effective tax rate are due to changes in relative amounts of U.S. and non-U.S. pretax income, the tax impact of special items, and other discrete tax items. Discrete items include, but are not limited to, changes in non-U.S. statutory tax rates, the amortization of certain assets, changes in the Company’s reserve for uncertain tax positions, and the tax impact of certain equity compensation. In the normal course of business, the Company is subject to examination by taxing authorities around the world, including such major jurisdictions as the United States, Germany, and the United Kingdom. The Company is no longer subject to examinations by the relevant tax authorities for years prior to fiscal year 2009. The Company is presently under audit in select jurisdictions in the United States and in Europe, but no material impact is expected to the financial results once these audits are completed. ASC 740 includes guidance on the accounting for uncertain income tax positions recognized in the Company's tax filings. This standard provides that a tax benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolution of any related appeal or litigation process, based on the technical merits. As of both September 30, 2021 and June 30, 2021, the Company's reserve against uncertain income tax positions remained substantially unchanged at approximately $5 million. Interest and penalties related to uncertain tax positions are recognized as a component of income tax expense. The Company recorded a provision for income taxes for the three months ended September 30, 2021 of $10 million relative to earnings before income taxes of $103 million. The Company recorded a benefit for income taxes for the three months ended September 30, 2020 of $15 million relative to earnings before income taxes of $67 million. The increased income tax provision for the current period was largely the result of an increase in the amount and relative mix of pretax income across several jurisdictions. This was partially offset by discrete tax benefits recognized in the quarter relating to equity compensation deductions and to a lesser extent non U.S. tax credits claimed on an amended U.S. federal income tax return filing. The prior-year quarter income tax benefit was largely driven by the recognition of additional non U.S. tax credits claimed on an amended U.S. federal income tax filing. The provision/benefit for income taxes in each of these periods was also impacted by the relative amount and mix of permanent tax adjustments included in the income tax computation and other discrete tax items recognized in the periods.

Employee Retirement Benefit Pla

Employee Retirement Benefit Plans	3 Months Ended
	Sep. 30, 2021
Retirement Benefits [Abstract]
Employee Retirement Benefit Plans	EMPLOYEE RETIREMENT BENEFIT PLANS Components of the Company’s net periodic benefit costs are as follows: Three Months Ended (Dollars in millions) 2021 2020 Components of net periodic benefit cost: Selling, general, and administrative expenses: Service cost $ 1 $ 1 Other expense (income), net: Interest cost 1 1 Expected return on plan assets (2) (2) Amortization (1) 1 — Net amount recognized $ 1 $ — (1) Amount represents the amortization of unrecognized actuarial losses.

Equity and Accumulated Other Co

Equity and Accumulated Other Comprehensive Income (Loss)	3 Months Ended
	Sep. 30, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Equity, Redeemable Preferred Stock and Accumulated Other Comprehensive Loss	EQUITY, REDEEMABLE PREFERRED STOCK AND ACCUMULATED OTHER COMPREHENSIVE LOSS Description of Capital Stock The Company is authorized to issue 1,000,000,000 shares of its Common Stock and 100,000,000 shares of preferred stock, par value $0.01 per share. In accordance with the Company’s amended and restated certificate of incorporation, each share of Common Stock has one vote, and the Common Stock votes together as a single class. Redeemable Preferred Stock In May 2019, the Company designated 1,000,000 shares of its preferred stock, par value $0.01, as its Series A Convertible Preferred Stock (the “Series A Preferred Stock”), pursuant to a certificate of designation of preferences, rights, and limitations (as amended, the “Certificate of Designation”) filed with the Delaware Secretary of State, and issued and sold 650,000 shares of the Series A Preferred Stock for an aggregate purchase price of $650 million, to affiliates of Leonard Green & Partners, L.P., each share having an initial stated value of $1,000 (as such value may be adjusted in accordance with the terms of the Certificate of Designation). The Series A Preferred Stock ranks senior to the Company’s Common Stock with respect to dividend rights and rights upon the voluntary or involuntary liquidation, dissolution, or winding up of the affairs of the Company. Proceeds from the offering of the Series A Preferred Stock, net of stock issuance costs, were $646 million, $40 million of which was allocated to the dividend-adjustment feature at its issuance and separately accounted for as a derivative liability. Any change in the fair value of derivative liability during a fiscal quarter is recorded as a non-operating expense in the consolidated statement of operations. See Note 10, Derivative Instruments and Hedging Activities, for detail concerning the change in fair value during the three months ended September 30, 2021. As described in Note 7, Earnings Per Share, on the Partial Conversion Date, holders of Series A Preferred Stock converted 265,223 shares (approximately 41% of their holdings) and $2 million of unpaid accrued dividends into shares of Common Stock. The holders received 20.33 shares of Common Stock for each converted preferred share, resulting in the issuance of 5,392,280 shares of Common Stock. There was no gain or loss recognized upon the Partial Conversion as it occurred in accordance with the terms of the Certificate of Designation. The Company has 384,777 shares of Series A Preferred Stock that remain outstanding at September 30, 2021. As a result of the Partial Conversion, additional paid in capital increased $253 million, which includes $4 million related to the fair value of the portion of the derivative liability that was settled upon the Partial Conversion and $2 million related to an unpaid accrued dividend. See Note 10, Derivative Instruments and Hedging Activities, for detail concerning the change in fair value during the three months ended September 30, 2021. Accumulated Other Comprehensive Loss The components of the changes in the cumulative translation adjustment, derivatives and hedges, minimum pension liability, and marketable securities for the three months ended September 30, 2021 and 2020 are presented below. Three Months Ended (Dollars in millions) 2021 2020 Foreign currency translation adjustments: Net investment hedge $ 22 $ (32) Long-term intercompany loans (3) 6 Translation adjustments (28) 35 Total foreign currency translation adjustment, pretax (9) 9 Tax expense (benefit) 5 (7) Total foreign currency translation adjustment, net of tax $ (14) $ 16 Net change in derivatives and hedges: Net gain recognized during the period $ 1 $ — Total derivatives and hedges, pretax 1 — Tax expense — — Net change in derivatives and hedges, net of tax $ 1 $ — Net change in minimum pension liability: Net gain recognized during the period $ 1 $ — Total pension liability, pretax 1 — Tax expense — — Net change in minimum pension liability, net of tax $ 1 $ — For the three months ended September 30, 2021, the changes in accumulated other comprehensive loss, net of tax by component are as follows: (Dollars in millions) Foreign Exchange Translation Adjustments Pension and Liability Adjustments Derivatives and Hedges Marketable Securities Other Total Balance at June 30, 2021 $ (268) $ (47) $ — $ (1) $ (1) $ (317) Other comprehensive (loss) income before (14) — 1 — — (13) Amounts reclassified from accumulated other — 1 — — — 1 Net current period other comprehensive (loss) income (14) 1 1 — — (12) Balance at September 30, 2021 $ (282) $ (46) $ 1 $ (1) $ (1) $ (329)

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES From time to time, the Company may be involved in legal proceedings arising in the ordinary course of business, including, without limitation, inquiries and claims concerning environmental contamination as well as litigation and allegations in connection with acquisitions, product liability, manufacturing or packaging defects, and claims for reimbursement for the cost of lost or damaged active pharmaceutical ingredients, the cost of any of which could be significant. The Company intends to vigorously defend itself against any such litigation and does not currently believe that the outcome of any such litigation will have a material adverse effect on the Company’s consolidated financial statements. In addition, the healthcare industry is highly regulated and government agencies continue to scrutinize certain practices affecting government programs and otherwise.From time to time, the Company receives subpoenas or requests for information relating to the business practices and activities of customers or suppliers from various governmental agencies or private parties, including from state attorneys general, the U.S. Department of Justice, and private parties engaged in patent infringement, antitrust, tort, and other litigation. The Company generally responds to such subpoenas and requests in a timely and thorough manner, which responses sometimes require considerable time and effort and can result in considerable costs being incurred. The Company expects to incur costs in future periods in connection with future requests.

Segment Information

Segment Information	3 Months Ended
	Sep. 30, 2021
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION The Company conducts its business within the following operating segments: Biologics, Softgel and Oral Technologies, Oral and Specialty Delivery, and Clinical Supply Services. The Company evaluates the performance of its segments based on segment earnings before other (expense) income, impairments, restructuring costs, interest expense, income tax expense (benefit), and depreciation and amortization (“Segment EBITDA”). Segment EBITDA is subject to important limitations. These consolidated financial statements include information concerning Segment EBITDA (a) because Segment EBITDA is an operational measure used by management in the assessment of the operating segments, the allocation of resources to the segments, and the setting of strategic goals and annual goals for the segments, and (b) in order to provide supplemental information that the Company considers relevant for the readers of the consolidated financial statements. The Company’s presentation of Segment EBITDA may not be comparable to similarly titled measures used by other companies. The following tables include net revenue and Segment EBITDA for each of the Company's current reporting segments during the three months ended September 30, 2021 and 2020: (Dollars in millions) Three Months Ended 2021 2020 Net revenue: Biologics $ 546 $ 377 Softgel and Oral Technologies 243 221 Oral and Specialty Delivery 146 159 Clinical Supply Services 96 93 Inter-segment revenue elimination (6) (4) Total net revenue $ 1,025 $ 846 (Dollars in millions) Three Months Ended 2021 2020 Segment EBITDA reconciled to net earnings: Biologics $ 166 $ 107 Softgel and Oral Technologies 41 38 Oral and Specialty Delivery 33 21 Clinical Supply Services 26 25 Sub-Total $ 266 $ 191 Reconciling items to net earnings Unallocated costs (1) (56) (29) Depreciation and amortization (81) (69) Interest expense, net (26) (26) Income tax (expense) benefit (10) 15 Net earnings $ 93 $ 82 (1) Unallocated costs include restructuring and special items, stock-based compensation, gain on sale of subsidiary, impairment charges, certain other corporate directed costs, and other costs that are not allocated to the segments as follows: (Dollars in millions) Three Months Ended September 30, 2021 2020 Impairment charges and gain (loss) on sale of assets $ (3) $ (2) Stock-based compensation (21) (19) Restructuring and other special items (a) (8) (5) Gain on sale of subsidiary (b) 1 — Other (expense) income, net (c) (9) 11 Unallocated corporate costs, net (16) (14) Total unallocated costs $ (56) $ (29) (a) Restructuring and other special items during the three months ended September 30, 2021 include (i) transaction and integration costs associated with the Delphi, Hepatic, and RheinCell acquisitions (ii) transaction costs associated with the Bettera acquisition, and (iii) restructuring costs associated with the closure of the Company's Clinical Supply Services facility in Bolton, U.K. Restructuring and other special items during the three months ended September 30, 2020 include transaction and integration costs associated with acquisitions of facilities in Italy and Belgium, the disposal of a site in Australia, and other restructuring initiatives across the Company's network of sites. (b) Gain on sale of subsidiary for the three months ended September 30, 2021 is affiliated with the sale of the Blow-Fill-Seal Business. (c) Refer to Note 8, Other Expense (Income), Net for details of financing charges and foreign currency translation adjustments recorded within other expense (income), net. The following table includes total assets for each segment, as well as reconciling items necessary to total the amounts reported in the consolidated financial statements. (Dollars in millions) September 30, June 30, Assets: Biologics $ 5,027 $ 4,973 Softgel and Oral Technologies 1,577 1,604 Oral and Specialty Delivery 1,241 1,269 Clinical Supply Services 482 483 Corporate and eliminations 1,856 783 Total assets $ 10,183 $ 9,112

Supplemental Balance Sheet Info

Supplemental Balance Sheet Information	3 Months Ended
	Sep. 30, 2021
Balance Sheet Related Disclosures [Abstract]
Supplemental Balance Sheet Information	SUPPLEMENTAL BALANCE SHEET INFORMATION Supplemental balance sheet information at September 30, 2021 and June 30, 2021 is detailed in the following tables. Inventories Work-in-process and inventories include raw materials, labor, and overhead. Total inventories consist of the following: (Dollars in millions) September 30, June 30, Raw materials and supplies $ 482 $ 469 Work-in-process 203 151 Total inventories, gross 685 620 Inventory cost adjustment (63) (57) Total inventories $ 622 $ 563 Prepaid expenses and other Prepaid expenses and other consist of the following: (Dollars in millions) September 30, June 30, Prepaid expenses $ 64 $ 46 Contract assets 224 181 Spare parts supplies 31 30 Prepaid income tax 23 22 Non-U.S. value-added tax 64 50 Other current assets 53 47 Total prepaid expenses and other $ 459 $ 376 Other accrued liabilities Other accrued liabilities consist of the following: (Dollars in millions) September 30, June 30, Accrued employee-related expenses $ 155 $ 184 Operating lease liabilities 14 16 Restructuring accrual 2 4 Accrued interest 11 27 Contract liabilities 283 305 Accrued income tax 25 30 Other 164 170 Total other accrued liabilities $ 654 $ 736

Subsequent Events (Notes)

Subsequent Events (Notes)	3 Months Ended
	Sep. 30, 2021
Subsequent Events [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENTS Bettera Holdings, LLC Acquisition In October 2021, the Company acquired Bettera for approximately $1.00 billion in cash, subject to customary adjustments. The Company funded this acquisition through a combination of additional borrowings under its senior secured credit facilities and the net proceeds of the 2030 Notes. For further detail on the Company’s additional borrowings and 2030 Notes, see Note 6, Long-Term Obligations and Short-Term Borrowings .

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States ( “U.S. GAAP ” ) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included. Operating results for the three months ended September 30, 2021 are not necessarily indicative of the results that may be expected for the year ending June 30, 2022. The consolidated balance sheet at June 30, 2021 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by U.S. GAAP for complete financial statements. For further information on the Company's accounting policies and footnotes, refer to the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2021 filed with the Securities and Exchange Commission (the “SEC”).
Reclassification, Policy	Reclassifications Certain prior-period amounts have been reclassified to conform to the current period presentation. These reclassifications did not have a material impact on the consolidated statements of operations, consolidated balance sheets, consolidated statements of cash flows, or notes to the consolidated financial statements.
Foreign Currency Translation	Foreign Currency Translation The financial statements of the Company’s operations are generally measured using the local currency as the functional currency. Adjustments to translate the assets and liabilities of operations outside the U.S. into U.S. dollars are accumulated as a component of other comprehensive income utilizing period-end exchange rates. Since July 1, 2018, the Company has accounted for its Argentine operations as highly inflationary. Depreciation Expense
Research and Development Costs	Research and Development Costs The Company expenses research and development costs as incurred. Research and development costs amounted to $6 million for both the three months ended September 30, 2021 and 2020. Marketable Securities
Recent Financial Accounting Standards	Recent Financial Accounting Standards Recently Adopted Accounting Standards In December 2019, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2019-12 , Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes , which eliminates certain exceptions related to the incremental approach for intra-period allocation, deferred tax recognition requirement for changes in equity method investments and non U.S. subsidiaries, and methodology for calculating income taxes in an interim period. The guidance also simplifies certain aspects of the accounting for franchise taxes, the accounting for step-up in the tax basis of goodwill, and accounting for the change in the enacted change in tax laws or rates. The Company adopted the guidance on July 1, 2021. The adoption of this guidance did not have a material impact on the Company’s financial condition or results of operations. In August 2018, the FASB issued ASU 2018-14, Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20): Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plan, which removes certain disclosures and added additional disclosures around weighted-average interest crediting rates for cash balance plans and explanation for significant gains and losses related to change in the benefit obligation for the period. The Company adopted the guidance on July 1, 2021. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements. New Accounting Standards Not Adopted as of September 30, 2021 In March 2020, the FASB issued ASU 2020-04 , Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting , which provides optional guidance to ease the potential burden in accounting for the discontinuation of a reference rate such as LIBOR, formerly known as the London Interbank Offered Rate, because of reference rate reform. The expedients and exceptions provided by the guidance do not apply to contract modifications made and hedging relationships entered into or evaluated after December 31, 2022. The ASU is effective for all entities as of March 12, 2020 through December 31, 2022. The Company is currently evaluating the impact of adopting this guidance on its consolidated financial statements.

Revenue from Contract with Cust

Revenue from Contract with Customer (Policies)	3 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Policy Text Block]	REVENUE RECOGNITION The Company recognizes revenue in accordance with ASC 606, Revenue from Contracts with Customers . The Company generally earns its revenue by supplying goods or providing services under contracts with its customers in three primary revenue streams: manufacturing and commercial product supply, development services, and clinical supply services. The Company measures the revenue from customers based on the consideration specified in its contracts, excluding any sales incentive or amount collected on behalf of a third party. The Company generally expenses sales commissions as incurred because either the amortization period is one year or less, or the balance with an amortization period greater than one year is not material. The following tables allocate revenue, for the three months ended September 30, 2021 and 2020, by type of activity and reporting segment (in millions): Three Months Ended September 30, 2021 Biologics Softgel and Oral Technologies Oral and Specialty Delivery Clinical Supply Services Total Manufacturing & commercial product supply $ 134 $ 207 $ 88 $ — $ 429 Development services 412 36 58 — 506 Clinical supply services — — — 96 96 Total $ 546 $ 243 $ 146 $ 96 $ 1,031 Inter-segment revenue elimination (6) Combined net revenue $ 1,025 Three Months Ended September 30, 2020 Biologics Softgel and Oral Technologies Oral and Specialty Delivery Clinical Supply Services Total Manufacturing & commercial product supply $ 90 $ 190 $ 104 $ — $ 384 Development services 287 31 55 — 373 Clinical supply services — — — 93 93 Total $ 377 $ 221 $ 159 $ 93 $ 850 Inter-segment revenue elimination (4) Combined net revenue $ 846 The following table allocates revenue by the location where the goods were made or the service performed: Three Months Ended (Dollars in millions) 2021 2020 United States $ 630 $ 517 Europe 351 281 Other 72 69 Elimination of revenue attributable to multiple locations (28) (21) Total $ 1,025 $ 846 Contract Liabilities Contract liabilities relate to cash consideration that the Company receives in advance of satisfying the related performance obligations. The contract liabilities balance (current and non-current) as of September 30, 2021 and June 30, 2021 are as follows: (Dollars in millions) Balance at June 30, 2021 $ 321 Balance at September 30, 2021 $ 299 Revenue recognized in the period from amounts included in contracts liability at the beginning of the period: $ 82 Contract liabilities that will be recognized within 12 months of September 30, 2021 are accounted for in Other accrued liabilities and those that will be recognized longer than 12 months after September 30, 2021 are accounted for within Other liabilities. Contract Assets Contract assets primarily relate to the Company's conditional right to receive consideration for services that have been performed for a customer as of September 30, 2021 relating to the Company's development services but had not yet been invoiced as of September 30, 2021. Contract assets are transferred to trade receivables, net when the Company’s right to receive the consideration becomes unconditional. Contract assets totaled $224 million and $181 million as of September 30, 2021 and June 30, 2021, respectively. Contract assets are included in prepaid expenses and other in the consolidated balance sheets.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Sep. 30, 2021
Revenue Recognition and Deferred Revenue [Abstract]
Contractual Liabilities	The contract liabilities balance (current and non-current) as of September 30, 2021 and June 30, 2021 are as follows: (Dollars in millions) Balance at June 30, 2021 $ 321 Balance at September 30, 2021 $ 299 Revenue recognized in the period from amounts included in contracts liability at the beginning of the period: $ 82
Geographical [Member]
Disaggregation of Revenue [Line Items]
Disaggregation of Revenue	The following table allocates revenue by the location where the goods were made or the service performed: Three Months Ended (Dollars in millions) 2021 2020 United States $ 630 $ 517 Europe 351 281 Other 72 69 Elimination of revenue attributable to multiple locations (28) (21) Total $ 1,025 $ 846
Product and Service[Member]
Disaggregation of Revenue [Line Items]
Disaggregation of Revenue	The following tables allocate revenue, for the three months ended September 30, 2021 and 2020, by type of activity and reporting segment (in millions): Three Months Ended September 30, 2021 Biologics Softgel and Oral Technologies Oral and Specialty Delivery Clinical Supply Services Total Manufacturing & commercial product supply $ 134 $ 207 $ 88 $ — $ 429 Development services 412 36 58 — 506 Clinical supply services — — — 96 96 Total $ 546 $ 243 $ 146 $ 96 $ 1,031 Inter-segment revenue elimination (6) Combined net revenue $ 1,025 Three Months Ended September 30, 2020 Biologics Softgel and Oral Technologies Oral and Specialty Delivery Clinical Supply Services Total Manufacturing & commercial product supply $ 90 $ 190 $ 104 $ — $ 384 Development services 287 31 55 — 373 Clinical supply services — — — 93 93 Total $ 377 $ 221 $ 159 $ 93 $ 850 Inter-segment revenue elimination (4) Combined net revenue $ 846

Business Combinations (Table)

Business Combinations (Table)	3 Months Ended
	Sep. 30, 2021
Business Acquisition [Line Items]
Disposal Groups, Including Discontinued Operations	The Company valued the total consideration received from divestiture of the Blow-Fill-Seal Business as follows: (Dollars in millions) Fair value of consideration received Cash, gross $ 300 Note receivable (1) 47 Contingent consideration (2) — Other (3) (16) Total $ 331 (1) The note receivable, which provides for interest at a rate of 5.0% paid in kind, had an estimated fair value of $47 million, which is the $50 million aggregate principal amount less a $3 million discount determined using a discounted cash flow model with the market interest rate as a significant input. (2) The Company determined that the estimated fair value of the contingent consideration from the sale of the Blow-Fill-Seal Business at September 30, 2021 is zero, and therefore, no contingent consideration was recorded as a result of the divestiture of the Blow-Fill-Seal Business. If any contingent consideration is subsequently received, it will be recorded in the period in which it is received. The Company has elected an accounting policy to recognize increases in the carrying amount of the contingent consideration asset using the gain contingency guidance in ASC 450, Contingencies .

Goodwill (Tables)

Goodwill (Tables)	3 Months Ended
	Sep. 30, 2021
Goodwill Disclosure [Abstract]
Goodwill - Rollforward	The following table summarizes the changes between June 30, 2021 and September 30, 2021 in the carrying amount of goodwill in total and by segment: (Dollars in millions) Biologics Softgel and Oral Technologies Oral and Specialty Delivery Clinical Supply Services Total Balance at June 30, 2021 $ 1,531 $ 516 $ 316 $ 156 $ 2,519 Additions (1) 25 — — — 25 Foreign currency translation adjustments (6) (4) (2) (1) (13) Balance at September 30, 2021 $ 1,550 $ 512 $ 314 $ 155 $ 2,531 (1) The addition to goodwill in the Biologics segment relates to the RheinCell acquisition and the Delphi acquisition. For further details, see Note 3, Business Combinations and Divestitures . The Company recorded no impairment charge to goodwill in the current period.

Other Intangibles, Net (Tables)

Other Intangibles, Net (Tables)	3 Months Ended
	Sep. 30, 2021
Intangible Assets Disclosure [Abstract]
Other Intangible Assets Subject to Amortization	The details of other intangibles as of September 30, 2021 and June 30, 2021 are as follows: (Dollars in millions) Weighted Average Life Gross Carrying Value Accumulated Amortization Net Carrying Value September 30, 2021 Amortized intangibles: Core technology 19 years $ 139 $ (95) $ 44 Customer relationships 13 years 1,018 (321) 697 Product relationships 8 years 252 (210) 42 Other 5 years 19 (9) 10 Total other intangibles $ 1,428 $ (635) $ 793 (Dollars in millions) Weighted Average Life Gross Carrying Value Accumulated Amortization Net Carrying Value June 30, 2021 Amortized intangibles: Core technology 19 years $ 140 $ (94) $ 46 Customer relationships 14 years 1,024 (306) 718 Product relationships 11 years 281 (237) 44 Other 5 years 17 (8) 9 Total other intangibles $ 1,462 $ (645) $ 817
Future Amortization Expense	Future amortization expense related to other intangible assets for the next five fiscal years is estimated to be: (Dollars in millions) Remainder 2023 2024 2025 2026 2027 Amortization expense $ 69 $ 92 $ 91 $ 90 $ 82 $ 69

Long-Term Obligations and Oth_2

Long-Term Obligations and Other Short-Term Borrowings (Tables)	3 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Long-Term Obligations, Presented Net of Issue Discounts and Fees Paid to Lenders, and Other Short-Term Borrowings	Long-term obligations and short-term borrowings consisted of the following at September 30, 2021 and June 30, 2021: (Dollars in millions) Maturity September 30, 2021 June 30, Senior secured credit facilities Term loan facility B-3 February 2028 $ 1,444 $ 997 5.000% senior notes due 2027 July 2027 500 500 2.375% Euro senior notes due 2028 (1) March 2028 965 984 3.125% senior notes due 2029 February 2029 550 550 3.500% senior notes due 2030 April 2030 650 — Deferred purchase consideration October 2021 50 50 Financing lease obligations 2021 to 2038 188 193 Other obligations 2021 to 2028 3 3 Unamortized discount and debt issuance costs (46) (36) Total debt $ 4,304 $ 3,241 Less: current portion of long-term obligations and other short-term 79 75 Long-term obligations, less current portion $ 4,225 $ 3,166 (1) The decrease in euro-denominated debt is primarily due to large fluctuations in foreign currency exchange rates.
Fair Value Disclosures [Abstract]
Schedule Of Carrying And Fair Value Of Financial Instruments Table	The carrying amounts and the estimated fair values of the Company’s principal categories of debt as of September 30, 2021 and June 30, 2021 are as follows: September 30, 2021 June 30, 2021 (Dollars in millions) Fair Value Measurement Carrying Value Estimated Fair Value Carrying Value Estimated Fair Value 5.000% senior notes due 2027 Level 2 $ 500 $ 527 $ 500 $ 539 2.375% Euro senior notes due 2028 Level 2 965 982 984 993 3.125% senior notes due 2029 Level 2 550 531 550 524 3.500% senior notes due 2030 Level 2 650 642 — — Senior secured credit facilities & other Level 2 $ 1,685 $ 1,638 $ 1,243 $ 1,209 Subtotal $ 4,350 $ 4,320 $ 3,277 $ 3,265 Unamortized discount and debt issuance costs (46) — (36) — Total debt $ 4,304 $ 4,320 $ 3,241 $ 3,265

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The reconciliations between basic and diluted earnings per share attributable to Catalent common shareholders for the three and three months ended September 30, 2021 and 2020, respectively, are as follows: Three Months Ended (In millions except per share data) 2021 2020 Net earnings $ 93 $ 82 Less: Net earnings attributable to preferred shareholders (9) (13) Net earnings attributable to common shareholders $ 84 $ 69 Weighted average shares outstanding - basic 171 164 Weighted average dilutive securities issuable - stock plans 1 2 Weighted average shares outstanding - diluted 172 166 Earnings per share: Basic $ 0.49 $ 0.42 Diluted $ 0.49 $ 0.41
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The diluted weighted average number of shares outstanding as of September 30, 2021 and 2020, respectively, did not include the shares of Common Stock associated with the Series A Preferred Stock due to their antidilutive effect: Three Months Ended (share counts in millions) 2021 2020 Stock options — — Time-based restricted stock units — — Performance-based restricted stock units — — Series A Preferred Stock 8 13

Other Income and Expense (Table

Other Income and Expense (Tables)	3 Months Ended
	Sep. 30, 2021
Other Income and Expenses [Abstract]
Schedule of Other Nonoperating Income (Expense)	The components of other expense (income), net for the three months ended September 30, 2021 and 2020 are as follows: Three Months Ended (Dollars in millions) 2021 2020 Other expense (income), net Debt financing costs (1) $ 4 $ — Foreign currency losses (gains) (2) 9 (1) Other (3) (4) (10) Total other expense (income), net $ 9 $ (11) (1) Debt financing costs for the three months ended September 30, 2021 includes $4 million of financing charges related to the Company’s Incremental Term B-3 Loans. (2) Foreign currency remeasurement losses (gains) include both cash and non-cash transactions. (3) Other, for the three months ended September 30, 2021 and 2020 includes unrealized gains of $2 million and

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities Net Investment Hedge Activity (Tables)	3 Months Ended
	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Schedule of Net Investment Hedge in Accumulated Other Comprehensive Income (Loss) and Statement of Financial Performance	The following table includes net investment hedge activity during the three months ended September 30, 2021 and 2020. Three Months Ended (Dollars in millions) 2021 2020 Unrealized foreign exchange gain (loss) within other comprehensive income $ 22 $ (32) Unrealized foreign exchange loss within statement of operations $ (3) $ (2)
Schedule of Interest Rate Derivatives	A summary of the estimated fair value of the interest-rate swap reported in the consolidated balance sheets is stated in the table below: September 30, 2021 June 30, 2021 (Dollars in millions) Balance Sheet Classification Estimated Fair Value Balance Sheet Classification Estimated Fair Value Interest-rate swap Other long-term assets $ 3 Other long-term assets $ 2

Fair Value Measures and Discl_2

Fair Value Measures and Disclosures (Tables)	3 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table sets forth the Company’s financial assets and liabilities that were measured at fair value on a recurring basis and the fair value measurement for such assets and liabilities at September 30, 2021 and June 30, 2021, respectively: (Dollars in millions) Basis of Fair Value Measurement September 30, 2021 Total Level 1 Level 2 Level 3 Assets: Marketable securities $ 50 $ 50 $ — $ — Interest-rate swap 3 — 3 — Trading securities 1 1 — — Liabilities: Series A Preferred Stock derivative liability 1 — — 1 June 30, 2021 Assets: Marketable securities $ 71 $ 71 $ — $ — Interest-rate swap 2 — 2 — Trading securities 1 1 — — Liabilities: Series A Preferred Stock derivative liability 3 — — 3
Schedule of Derivative Liabilities at Fair Value [Table Text Block]	The following table sets forth a summary of changes in the estimated fair value of the Series A Preferred Stock derivative liability from June 30, 2021 to September 30, 2021: (Dollars in millions) Fair Value Measurements of Balance at June 30, 2021 $ 3 Change in estimated fair value of Series A Preferred Stock derivative liability (2) Balance at September 30, 2021 $ 1

Employee Retirement Benefit P_2

Employee Retirement Benefit Plans (Tables)	3 Months Ended
	Sep. 30, 2021
Retirement Benefits [Abstract]
Components of Company's Net Periodic Benefit Costs	Components of the Company’s net periodic benefit costs are as follows: Three Months Ended (Dollars in millions) 2021 2020 Components of net periodic benefit cost: Selling, general, and administrative expenses: Service cost $ 1 $ 1 Other expense (income), net: Interest cost 1 1 Expected return on plan assets (2) (2) Amortization (1) 1 — Net amount recognized $ 1 $ — (1) Amount represents the amortization of unrecognized actuarial losses.

Equity and Accumulated Other _2

Equity and Accumulated Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Sep. 30, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Comprehensive Income (Loss)	Accumulated Other Comprehensive Loss The components of the changes in the cumulative translation adjustment, derivatives and hedges, minimum pension liability, and marketable securities for the three months ended September 30, 2021 and 2020 are presented below. Three Months Ended (Dollars in millions) 2021 2020 Foreign currency translation adjustments: Net investment hedge $ 22 $ (32) Long-term intercompany loans (3) 6 Translation adjustments (28) 35 Total foreign currency translation adjustment, pretax (9) 9 Tax expense (benefit) 5 (7) Total foreign currency translation adjustment, net of tax $ (14) $ 16 Net change in derivatives and hedges: Net gain recognized during the period $ 1 $ — Total derivatives and hedges, pretax 1 — Tax expense — — Net change in derivatives and hedges, net of tax $ 1 $ — Net change in minimum pension liability: Net gain recognized during the period $ 1 $ — Total pension liability, pretax 1 — Tax expense — — Net change in minimum pension liability, net of tax $ 1 $ —
Schedule of Accumulated Other Comprehensive Income (Loss)	For the three months ended September 30, 2021, the changes in accumulated other comprehensive loss, net of tax by component are as follows: (Dollars in millions) Foreign Exchange Translation Adjustments Pension and Liability Adjustments Derivatives and Hedges Marketable Securities Other Total Balance at June 30, 2021 $ (268) $ (47) $ — $ (1) $ (1) $ (317) Other comprehensive (loss) income before (14) — 1 — — (13) Amounts reclassified from accumulated other — 1 — — — 1 Net current period other comprehensive (loss) income (14) 1 1 — — (12) Balance at September 30, 2021 $ (282) $ (46) $ 1 $ (1) $ (1) $ (329)

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Sep. 30, 2021
Segment Reporting [Abstract]
Net Revenue by Segment	(Dollars in millions) Three Months Ended 2021 2020 Net revenue: Biologics $ 546 $ 377 Softgel and Oral Technologies 243 221 Oral and Specialty Delivery 146 159 Clinical Supply Services 96 93 Inter-segment revenue elimination (6) (4) Total net revenue $ 1,025 $ 846
Reconciliation of Earnings/(Loss) from Continuing Operations to EBITDA	(Dollars in millions) Three Months Ended 2021 2020 Segment EBITDA reconciled to net earnings: Biologics $ 166 $ 107 Softgel and Oral Technologies 41 38 Oral and Specialty Delivery 33 21 Clinical Supply Services 26 25 Sub-Total $ 266 $ 191 Reconciling items to net earnings Unallocated costs (1) (56) (29) Depreciation and amortization (81) (69) Interest expense, net (26) (26) Income tax (expense) benefit (10) 15 Net earnings $ 93 $ 82 (1) Unallocated costs include restructuring and special items, stock-based compensation, gain on sale of subsidiary, impairment charges, certain other corporate directed costs, and other costs that are not allocated to the segments as follows: (Dollars in millions) Three Months Ended September 30, 2021 2020 Impairment charges and gain (loss) on sale of assets $ (3) $ (2) Stock-based compensation (21) (19) Restructuring and other special items (a) (8) (5) Gain on sale of subsidiary (b) 1 — Other (expense) income, net (c) (9) 11 Unallocated corporate costs, net (16) (14) Total unallocated costs $ (56) $ (29) (a) Restructuring and other special items during the three months ended September 30, 2021 include (i) transaction and integration costs associated with the Delphi, Hepatic, and RheinCell acquisitions (ii) transaction costs associated with the Bettera acquisition, and (iii) restructuring costs associated with the closure of the Company's Clinical Supply Services facility in Bolton, U.K. Restructuring and other special items during the three months ended September 30, 2020 include transaction and integration costs associated with acquisitions of facilities in Italy and Belgium, the disposal of a site in Australia, and other restructuring initiatives across the Company's network of sites. (b) Gain on sale of subsidiary for the three months ended September 30, 2021 is affiliated with the sale of the Blow-Fill-Seal Business. (c) Refer to Note 8, Other Expense (Income), Net for details of financing charges and foreign currency translation adjustments recorded within other expense (income), net.
Total Assets for Each Segment and Reconciling in Consolidated Financial Statements	The following table includes total assets for each segment, as well as reconciling items necessary to total the amounts reported in the consolidated financial statements. (Dollars in millions) September 30, June 30, Assets: Biologics $ 5,027 $ 4,973 Softgel and Oral Technologies 1,577 1,604 Oral and Specialty Delivery 1,241 1,269 Clinical Supply Services 482 483 Corporate and eliminations 1,856 783 Total assets $ 10,183 $ 9,112

Supplemental Balance Sheet In_2

Supplemental Balance Sheet Information (Tables)	3 Months Ended
	Sep. 30, 2021
Balance Sheet Related Disclosures [Abstract]
Inventory	Inventories Work-in-process and inventories include raw materials, labor, and overhead. Total inventories consist of the following: (Dollars in millions) September 30, June 30, Raw materials and supplies $ 482 $ 469 Work-in-process 203 151 Total inventories, gross 685 620 Inventory cost adjustment (63) (57) Total inventories $ 622 $ 563
Prepaid and Other Assets	Prepaid expenses and other Prepaid expenses and other consist of the following: (Dollars in millions) September 30, June 30, Prepaid expenses $ 64 $ 46 Contract assets 224 181 Spare parts supplies 31 30 Prepaid income tax 23 22 Non-U.S. value-added tax 64 50 Other current assets 53 47 Total prepaid expenses and other $ 459 $ 376
Other Accrued Liabilities	Other accrued liabilities Other accrued liabilities consist of the following: (Dollars in millions) September 30, June 30, Accrued employee-related expenses $ 155 $ 184 Operating lease liabilities 14 16 Restructuring accrual 2 4 Accrued interest 11 27 Contract liabilities 283 305 Accrued income tax 25 30 Other 164 170 Total other accrued liabilities $ 654 $ 736

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies Research and Development Expense (Details) $ in Millions	3 Months Ended
	Sep. 30, 2021USD ($)
Research and Development Expense [Line Items]
Research and Development Expense	$ 6

Revenue Recognition Disaggregat

Revenue Recognition Disaggregation of Revenue by type of activity and reporting segment (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Disaggregation of Revenue [Line Items]
Inter-segment revenue elimination	$ (6)	$ (4)
Net revenue	1,025	846
Biologics
Disaggregation of Revenue [Line Items]
Net revenue	546	377
Biologics | Manufacturing & Commercial Product Supply
Disaggregation of Revenue [Line Items]
Net revenue	134	90
Biologics | Development Services
Disaggregation of Revenue [Line Items]
Net revenue	412	287
Biologics | Clinical Supply Services
Disaggregation of Revenue [Line Items]
Net revenue	0	0
Softgel and Oral Technologies
Disaggregation of Revenue [Line Items]
Net revenue	243	221
Softgel and Oral Technologies | Manufacturing & Commercial Product Supply
Disaggregation of Revenue [Line Items]
Net revenue	207	190
Softgel and Oral Technologies | Development Services
Disaggregation of Revenue [Line Items]
Net revenue	36	31
Softgel and Oral Technologies | Clinical Supply Services
Disaggregation of Revenue [Line Items]
Net revenue	0	0
Oral and Specialty Drug Delivery
Disaggregation of Revenue [Line Items]
Net revenue	146	159
Oral and Specialty Drug Delivery | Manufacturing & Commercial Product Supply
Disaggregation of Revenue [Line Items]
Net revenue	88	104
Oral and Specialty Drug Delivery | Development Services
Disaggregation of Revenue [Line Items]
Net revenue	58	55
Oral and Specialty Drug Delivery | Clinical Supply Services
Disaggregation of Revenue [Line Items]
Net revenue	0	0
Clinical Supply Services
Disaggregation of Revenue [Line Items]
Net revenue	96	93
Clinical Supply Services | Manufacturing & Commercial Product Supply
Disaggregation of Revenue [Line Items]
Net revenue	0	0
Clinical Supply Services | Development Services
Disaggregation of Revenue [Line Items]
Net revenue	0	0
Clinical Supply Services | Clinical Supply Services
Disaggregation of Revenue [Line Items]
Net revenue	96	93
Total Catalent before inter-segment revenue elimination
Disaggregation of Revenue [Line Items]
Net revenue	1,031	850
Total Catalent before inter-segment revenue elimination | Manufacturing & Commercial Product Supply
Disaggregation of Revenue [Line Items]
Net revenue	429	384
Total Catalent before inter-segment revenue elimination | Development Services
Disaggregation of Revenue [Line Items]
Net revenue	506	373
Total Catalent before inter-segment revenue elimination | Clinical Supply Services
Disaggregation of Revenue [Line Items]
Net revenue	$ 96	$ 93

Revenue Recognition Disaggreg_2

Revenue Recognition Disaggregation of Revenue by Geography (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Disaggregation of Revenue [Line Items]
Elimination of revenue attributable to multiple locations	$ (28)	$ (21)
Net revenue	1,025	846
United States
Disaggregation of Revenue [Line Items]
Net revenue	630	517
Europe
Disaggregation of Revenue [Line Items]
Net revenue	351	281
International Other
Disaggregation of Revenue [Line Items]
Net revenue	$ 72	$ 69

Revenue Recognition Contractual

Revenue Recognition Contractual Liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2021	Jun. 30, 2021
Revenue Recognition and Deferred Revenue [Abstract]
Contract with Customer, Liability	$ 299	$ 321
Contract with Customer, Liability, Revenue Recognized	82
Contract with Customer, Asset, Purchase	$ 224	$ 181

Business Combinations Acquisiti

Business Combinations Acquisition Purchase Agreement (Details) - USD ($)		Aug. 01, 2021	Feb. 23, 2021	Feb. 11, 2021	Nov. 16, 2020	Sep. 30, 2021	Sep. 30, 2020
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired						$ (26,000,000)	$ 0
Goodwill, Acquired During Period	[1]					$ 25,000,000
Skeletal Cell Therapy Support SA [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred					$ 15,000,000
Goodwill, Acquired During Period					$ 9,000,000
Acorda Therapeutics, Inc [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred				$ 83,000,000
Goodwill, Acquired During Period				$ 2,000,000
Delphi Genetics SA [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred			$ 50,000,000
Goodwill, Acquired During Period			$ 43,000,000
RheinCell Therapeutics
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired		$ 26,000,000
Goodwill, Acquired During Period		$ 27,000,000
[1]	The addition to goodwill in the Biologics segment relates to the RheinCell acquisition and the Delphi acquisition. For further details, see Note 3, Business Combinations and Divestitures .

Business Combinations Net Asset

Business Combinations Net Assets Acquired (Details) - USD ($)	Aug. 01, 2021	Mar. 31, 2021	Feb. 23, 2021	Feb. 11, 2021	Nov. 16, 2020	Sep. 30, 2021	Sep. 30, 2020
Net Assets Acquired from Business Combinations
Payments to Acquire Businesses, Net of Cash Acquired						$ (26,000,000)	$ 0
Payments to Acquire Businesses, Net of Cash Acquired						(26,000,000)	$ 0
Skeletal Cell Therapy Support SA [Member]
Net Assets Acquired from Business Combinations
Business Combination, Consideration Transferred					$ 15,000,000
Acorda Therapeutics, Inc [Member]
Net Assets Acquired from Business Combinations
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment				$ 79,000,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory				2,000,000
Business Combination, Consideration Transferred				$ 83,000,000
Delphi Genetics SA [Member]
Net Assets Acquired from Business Combinations
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment			$ 4,000,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles			7,000,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt			6,000,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities			1,000,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets			3,000,000
Business Combination, Consideration Transferred			$ 50,000,000
Hepatic Cell Therapy Support SA
Net Assets Acquired from Business Combinations
Payments to Acquire Assets, Investing Activities		$ 15,000,000
Asset Acquisition, Recognized Identifiable Assets Acquired and Liabilities Assumed, PPE		13,000,000
Asset Acquisition, Recognized Identifiable Assets Acquired and Liabilities Assumed,		3,000,000
Asset Acquisition, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt		$ 1,000,000
RheinCell Therapeutics
Net Assets Acquired from Business Combinations
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities	$ 4,000,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	3,000,000
Payments to Acquire Businesses, Net of Cash Acquired	26,000,000
Payments to Acquire Businesses, Net of Cash Acquired	$ 26,000,000
Zenyatta
Net Assets Acquired from Business Combinations
Payments to Acquire Businesses, Net of Cash Acquired						1,000,000,000
Payments to Acquire Businesses, Net of Cash Acquired						$ 1,000,000,000

Business Combinations, Divestit

Business Combinations, Divestitures (Details) - USD ($) $ in Millions		3 Months Ended		12 Months Ended
		Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021
Business Acquisition, Contingent Consideration [Line Items]
Payments for (Proceeds from) Businesses and Interest in Affiliates	[1]	$ 1	$ 0
Goodwill, Acquired During Period	[2]	$ 25
Notes Receivable Interest Rate		5.00%
Blow-Fill-Seal Business, Woodstock [Member]
Business Acquisition, Contingent Consideration [Line Items]
Proceeds from Divestiture of Businesses and Interests in Affiliates		$ 300
Payments for (Proceeds from) Businesses and Interest in Affiliates		1		$ 182
Cash and Noncash Divestiture, Amount of Consideration Received		331
Business Combination, Acquired Receivable, Fair Value	[3]	47
Business Combination, Acquired Receivables, Gross Contractual Amount		50
Business Combination, Contingent Consideration, Asset	[4]	0
Business Combination, Consideration Transferred, Other	[5]	16
Goodwill, Acquired During Period		54
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High		50
Business Acquisition, Carrying Value, Net Assets		149
Business Combination, Loan Discount		3
Business Acquisition, Transaction Costs		8
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities		2
Business Combination, Working Capital Adjustments		6
Proceeds From Divestiture Of Businesses, Net Cash Proceeds		$ 284
[1]	(b)    Gain on sale of subsidiary for the three months ended September 30, 2021 is affiliated with the sale of the Blow-Fill-Seal Business
[2]	The addition to goodwill in the Biologics segment relates to the RheinCell acquisition and the Delphi acquisition. For further details, see Note 3, Business Combinations and Divestitures .
[3]	The note receivable, which provides for interest at a rate of 5.0% paid in kind, had an estimated fair value of $47 million, which is the $50 million aggregate principal amount less a $3 million discount determined using a discounted cash flow model with the market interest rate as a significant input.
[4]	The Company determined that the estimated fair value of the contingent consideration from the sale of the Blow-Fill-Seal Business at September 30, 2021 is zero, and therefore, no contingent consideration was recorded as a result of the divestiture of the Blow-Fill-Seal Business. If any contingent consideration is subsequently received, it will be recorded in the period in which it is received. The Company has elected an accounting policy to recognize increases in the carrying amount of the contingent consideration asset using the gain contingency guidance in ASC 450, Contingencies .
[5]	Other includes $8 million of transaction expenses, a working capital adjustment of $6 million, and a $2 million assumption of liabilities to create cumulative net cash proceeds of $284 million.

Goodwill - Rollforward (Detail)

Goodwill - Rollforward (Detail) $ in Millions	3 Months Ended
	Sep. 30, 2021USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 2,519
Goodwill, Acquired During Period	25	[1]
Foreign currency translation adjustments	(13)
Ending balance	2,531
Biologics
Goodwill [Roll Forward]
Beginning balance	1,531
Goodwill, Acquired During Period	25	[1]
Foreign currency translation adjustments	(6)
Ending balance	1,550
Softgel and Oral Technologies
Goodwill [Roll Forward]
Goodwill, Acquired During Period	0	[1]
Foreign currency translation adjustments	(4)
Ending balance	512
Oral and Specialty Drug Delivery
Goodwill [Roll Forward]
Beginning balance	316
Goodwill, Acquired During Period	0	[1]
Foreign currency translation adjustments	(2)
Ending balance	314
Clinical Supply Services
Goodwill [Roll Forward]
Beginning balance	156
Goodwill, Acquired During Period	0	[1]
Foreign currency translation adjustments	(1)
Ending balance	155
Softgel and Oral Technologies
Goodwill [Roll Forward]
Beginning balance	$ 516
[1]	The addition to goodwill in the Biologics segment relates to the RheinCell acquisition and the Delphi acquisition. For further details, see Note 3, Business Combinations and Divestitures .

Other Intangibles, Net (Detail)

Other Intangibles, Net (Detail) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Mar. 31, 2021	Jun. 30, 2021
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 1,428		$ 1,462
Accumulated Amortization	(635)		(645)
Net Carrying Value	$ 793		817
Core technology [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Life	19 years	19 years
Gross Carrying Value	$ 139		140
Accumulated Amortization	(95)		(94)
Net Carrying Value	$ 44		46
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Life	13 years	14 years
Gross Carrying Value	$ 1,018		1,024
Accumulated Amortization	(321)		(306)
Net Carrying Value	$ 697		718
Product Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Life	8 years	11 years
Gross Carrying Value	$ 252		281
Accumulated Amortization	(210)		(237)
Net Carrying Value	$ 42		44
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Life	5 years	5 years
Gross Carrying Value	$ 19		17
Accumulated Amortization	(9)		(8)
Net Carrying Value	$ 10		$ 9

Other Intangibles, Net (Detai_2

Other Intangibles, Net (Detail) $ in Millions	3 Months Ended
	Sep. 30, 2021USD ($)
Intangible Assets Disclosure [Abstract]
Amortization expense	$ 23
Remainder Fiscal 2021	69
2022	92
2023	91
2024	90
2025	82
2026	$ 69

Long-Term Obligations and Oth_3

Long-Term Obligations and Other Short-Term Borrowings - Long-Term Obligations, Presented Net of Issue Discounts and Fees Paid to Lenders, and Other Short-Term Borrowings (Detail) - USD ($) $ in Millions		Sep. 30, 2021	Jun. 30, 2021
Schedule Of Debt [Line Items]
Total long-term debt		$ 4,304	$ 3,241
Debt, Current		79	75
Long-term obligations, less current portion		4,225	3,166
Term loan facility B-3 U.S. dollar-denominated
Schedule Of Debt [Line Items]
Total long-term debt		1,444	997
Deferred purchase consideration
Schedule Of Debt [Line Items]
Total long-term debt		50	50
Capital lease obligations
Schedule Of Debt [Line Items]
Total long-term debt		188	193
Other obligations
Schedule Of Debt [Line Items]
Total long-term debt		$ 3	3
3.500% Senior US Denominated Notes
Schedule Of Debt [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		3.50%
Estimate of Fair Value Measurement [Member]
Schedule Of Debt [Line Items]
Total long-term debt		$ 4,320	3,265
Debt Instrument, Fair Value Disclosure		4,320	3,265
Estimate of Fair Value Measurement [Member] | Debt Issuance Costs
Schedule Of Debt [Line Items]
Total long-term debt		0	0
Carrying Value [Member]
Schedule Of Debt [Line Items]
Total long-term debt		4,304	3,241
Debt Instrument, Fair Value Disclosure		4,350	3,277
Carrying Value [Member] | Debt Issuance Costs
Schedule Of Debt [Line Items]
Total long-term debt		46	36
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member] | U.S Dollar-denominated 5.00% Senior Notes [Member]
Schedule Of Debt [Line Items]
Debt Instrument, Fair Value Disclosure		527	539
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member] | 2.375% Senior Euro Denominated Notes [Member]
Schedule Of Debt [Line Items]
Debt Instrument, Fair Value Disclosure		982	993
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member] | 3.125% Senior US Denominated Notes
Schedule Of Debt [Line Items]
Debt Instrument, Fair Value Disclosure		531	524
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member] | 3.500% Senior US Denominated Notes
Schedule Of Debt [Line Items]
Debt Instrument, Fair Value Disclosure		642	0
Fair Value, Inputs, Level 2 [Member] | Carrying Value [Member] | U.S Dollar-denominated 5.00% Senior Notes [Member]
Schedule Of Debt [Line Items]
Debt Instrument, Fair Value Disclosure		500	500
Fair Value, Inputs, Level 2 [Member] | Carrying Value [Member] | 2.375% Senior Euro Denominated Notes [Member]
Schedule Of Debt [Line Items]
Debt Instrument, Fair Value Disclosure	[1]	965	984
Fair Value, Inputs, Level 2 [Member] | Carrying Value [Member] | 3.125% Senior US Denominated Notes
Schedule Of Debt [Line Items]
Debt Instrument, Fair Value Disclosure		550	550
Fair Value, Inputs, Level 2 [Member] | Carrying Value [Member] | 3.500% Senior US Denominated Notes
Schedule Of Debt [Line Items]
Debt Instrument, Fair Value Disclosure		$ 650	$ 0
[1]	The decrease in euro-denominated debt is primarily due to large fluctuations in foreign currency exchange rates.

Long-Term Obligations and Oth_4

Long-Term Obligations and Other Short-Term Borrowings Long-Term Obligations and Other Short-Term Borrowings (Details) - USD ($) $ in Millions	Oct. 23, 2017	Sep. 30, 2021	Jun. 30, 2021
Debt Instrument [Line Items]
Total long-term debt		$ 4,304	$ 3,241
Payments to Acquire Businesses, Gross	$ 950
Payable Installments for Business Acquisition	50
Term loan facility B-3 U.S. dollar-denominated
Debt Instrument [Line Items]
Total long-term debt		1,444	$ 997
Debt Instrument, Increase (Decrease), Other, Net		$ 450
Term loan facility B-3 U.S. dollar-denominated | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.00%
Term loan facility B-3 U.S. dollar-denominated | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate		0.50%
Accrued Liabilities [Member]
Debt Instrument [Line Items]
Payments to Acquire Businesses, Gross	$ 200

Long-Term Obligations and Oth_5

Long-Term Obligations and Other Short-Term Borrowings Fair Value Measurements of Financial Instruments - Carrying Amounts and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Millions		Sep. 30, 2021	Jun. 30, 2021
Estimate of Fair Value Measurement [Member]
Fair Value Measurements Of Financial Instruments [Line Items]
Debt Instrument, Fair Value Disclosure		$ 4,320	$ 3,265
Carrying Value [Member]
Fair Value Measurements Of Financial Instruments [Line Items]
Debt Instrument, Fair Value Disclosure		4,350	3,277
U.S Dollar-denominated 5.00% Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member]
Fair Value Measurements Of Financial Instruments [Line Items]
Debt Instrument, Fair Value Disclosure		527	539
U.S Dollar-denominated 5.00% Senior Notes [Member] | Fair Value, Inputs, Level 2 [Member] | Carrying Value [Member]
Fair Value Measurements Of Financial Instruments [Line Items]
Debt Instrument, Fair Value Disclosure		500	500
2.375% Senior Euro Denominated Notes [Member] | Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member]
Fair Value Measurements Of Financial Instruments [Line Items]
Debt Instrument, Fair Value Disclosure		982	993
2.375% Senior Euro Denominated Notes [Member] | Fair Value, Inputs, Level 2 [Member] | Carrying Value [Member]
Fair Value Measurements Of Financial Instruments [Line Items]
Debt Instrument, Fair Value Disclosure	[1]	965	984
3.125% Senior US Denominated Notes | Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member]
Fair Value Measurements Of Financial Instruments [Line Items]
Debt Instrument, Fair Value Disclosure		531	524
3.125% Senior US Denominated Notes | Fair Value, Inputs, Level 2 [Member] | Carrying Value [Member]
Fair Value Measurements Of Financial Instruments [Line Items]
Debt Instrument, Fair Value Disclosure		550	550
Senior Secured Credit Facilities & Other [Member] | Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value Measurement [Member]
Fair Value Measurements Of Financial Instruments [Line Items]
Debt Instrument, Fair Value Disclosure		1,638	1,209
Senior Secured Credit Facilities & Other [Member] | Fair Value, Inputs, Level 2 [Member] | Carrying Value [Member]
Fair Value Measurements Of Financial Instruments [Line Items]
Debt Instrument, Fair Value Disclosure		$ 1,685	$ 1,243
[1]	The decrease in euro-denominated debt is primarily due to large fluctuations in foreign currency exchange rates.

Earnings Per Share Earnings Per

Earnings Per Share Earnings Per Share - Additional Details (Details) - USD ($) $ / shares in Units, $ in Millions	Nov. 23, 2020	Jun. 30, 2021
Earnings Per Share [Abstract]
Conversion of Stock, Shares Converted	265,223
Dividends, Preferred Stock, Stock	$ 2
Convertible Preferred Stock, Shares Issued upon Conversion	20.33
Stock Issued During Period, Shares, Conversion of Convertible Securities	5,392,280
Common Stock, Par or Stated Value Per Share		$ 0.01

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Earnings Per Share [Abstract]
Net earnings/(loss)	$ 93	$ 82
Participating Securities, Distributed and Undistributed Earnings (Loss), Basic	9	13
Net Income (Loss) Available to Common Stockholders, Basic	$ 84	$ 69
Dilutive securities issuable-stock plans	1,000,000	2,000,000
Total weighted average diluted shares outstanding	172,000,000	166,000,000
Earnings Per Share, Basic	$ 0.49	$ 0.42
Earnings Per Share, Diluted	$ 0.49	$ 0.41
Weighted Average Number of Shares Outstanding, Basic	171,000,000	164,000,000

Diluted earnings per share due

Diluted earnings per share due to their antidilutive effect (Detail) - shares shares in Millions	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Series A Preferred Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	8	13
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0
Performance Shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0

Other Income and Expense (Detai

Other Income and Expense (Details) - USD ($) $ in Millions		3 Months Ended
		Sep. 30, 2021	Sep. 30, 2020
Other Income and Expenses [Abstract]
Foreign Currency (gains) and losses	[1]	$ 9	$ (1)
Other	[2]	(4)	(10)
Other (income)/expense, net		9	(11)
Gain (Loss) on Extinguishment of Debt		4
Derivative, Gain (Loss) on Derivative, Net		2	$ 9
Other Nonoperating Expense	[3]	$ 4
[1]	Foreign currency remeasurement losses (gains) include both cash and non-cash transactions.
[2]	Other, for the three months ended September 30, 2021 and 2020 includes unrealized gains of $2 million and
[3]	Debt financing costs for the three months ended September 30, 2021 includes $4 million of financing charges related to the Company’s Incremental Term B-3 Loans.

Restructuring and Other Costs (

Restructuring and Other Costs (Details) $ in Millions	3 Months Ended
	Sep. 30, 2021USD ($)
Restructuring and Related Activities [Abstract]
Restructuring and other	$ 1

Restructuring and Other Costs I

Restructuring and Other Costs Individual Site (Details) $ in Millions	3 Months Ended
	Sep. 30, 2021USD ($)employees
Restructuring Cost and Reserve [Line Items]
Restructuring and other	$ 1
Bolton CS [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and other	$ 1
Bolton CS [Member] | Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Number of Positions Eliminated | employees	170
Restructuring and Related Cost, Expected Cost	$ 8

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities - Additional Information (Detail) - USD ($) $ in Millions	Nov. 23, 2020	May 17, 2019	Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021
Derivative [Line Items]
Total long-term debt			$ 4,304		$ 3,241
Unrealized foreign exchange gain/(loss) within other comprehensive income			22	$ (32)
Unrealized foreign exchange gain/(loss) within statement of operations			(3)	(2)
Net accumulated gain related to investment hedges			28
Proceeds from Issuance of Redeemable Preferred Stock		$ 646
Payments of Stock Issuance Costs		$ 4
Derivative Liability					3
Derivative, Gain (Loss) on Derivative, Net			2	$ 9
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Purchases, Sales, Issues, Settlements	$ 4
Cash Paid to Settle, Interest Rate Swap Agreement			2
Embedded Derivative, Fair Value of Embedded Derivative Liability	$ 9		1
Interest Rate Cash Flow Hedge Liability at Fair Value					$ 2
Euro Denominated Debt Outstanding [Member]
Derivative [Line Items]
Total long-term debt			965
U.S. Denominated Term Loan [Member]
Derivative [Line Items]
Total Debt, U.S Denominated Term Loan			$ 500
Debt Instrument, Interest Rate, Effective Percentage			0.9985%

Fair value measurement recurrin

Fair value measurement recurring basis - USD ($) $ in Millions		3 Months Ended		12 Months Ended
		Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Marketable Securities		$ 50		$ 71
Trading Securities at Fair Value		1		1
Interest Rate Cash Flow Hedge Asset at Fair Value		3		2
Interest Rate Cash Flow Hedge Liability at Fair Value				2
Series A Preferred Stock derivative liability		1		3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Marketable Securities		50		71
Trading Securities at Fair Value		1		1
Interest Rate Cash Flow Hedge Asset at Fair Value		3		2
Series A Preferred Stock derivative liability		1		3
Interest Rate Cash Flow Hedge Liability at Fair Value				2
Payments for (Proceeds from) Businesses and Interest in Affiliates	[1]	1	$ 0
Blow-Fill-Seal Business, Woodstock [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Payments for (Proceeds from) Businesses and Interest in Affiliates		1		182
Fair Value, Inputs, Level 1 [Member]
Fair Value Disclosures [Abstract]
Marketable Securities		50		71
Trading Securities at Fair Value		1		1
Interest Rate Cash Flow Hedge Asset at Fair Value		0		0
Series A Preferred Stock derivative liability		0		0
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Marketable Securities		50		71
Trading Securities at Fair Value		1		1
Interest Rate Cash Flow Hedge Asset at Fair Value		0		0
Series A Preferred Stock derivative liability		0		0
Fair Value, Inputs, Level 2 [Member]
Fair Value Disclosures [Abstract]
Marketable Securities		0		0
Trading Securities at Fair Value		0		0
Interest Rate Cash Flow Hedge Asset at Fair Value		3		2
Series A Preferred Stock derivative liability		0		0
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Marketable Securities		0		0
Trading Securities at Fair Value		0		0
Interest Rate Cash Flow Hedge Asset at Fair Value		3		2
Series A Preferred Stock derivative liability		0		0
Fair Value, Inputs, Level 3 [Member]
Fair Value Disclosures [Abstract]
Marketable Securities		0		0
Trading Securities at Fair Value		0		0
Interest Rate Cash Flow Hedge Asset at Fair Value		0		0
Series A Preferred Stock derivative liability		1		3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Marketable Securities		0		0
Trading Securities at Fair Value		0		0
Interest Rate Cash Flow Hedge Asset at Fair Value		0		0
Series A Preferred Stock derivative liability		$ 1		$ 3
[1]	(b)    Gain on sale of subsidiary for the three months ended September 30, 2021 is affiliated with the sale of the Blow-Fill-Seal Business

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Income Tax Disclosure [Abstract]
Unrecognized Tax Benefits, Including Income Tax Penalties and Interest Accrued	$ 5
Income tax expense(benefit)	$ 10	$ (15)

Employee Retirement Benefit P_3

Employee Retirement Benefit Plans - Components of Company's Net Periodic Benefit Costs (Detail) - USD ($) $ in Millions		3 Months Ended
		Sep. 30, 2021	Sep. 30, 2020
Components of net periodic benefit cost:
Service cost		$ 1	$ 1
Interest cost		1	1
Expected return on plan assets		(2)	(2)
Amortization	[1]	1	0
Net amount recognized		1	0
Estimated discounted value of future employer contributions		38
Estimated annual cash contribution		$ 2	$ 2
[1]	Amount represents the amortization of unrecognized actuarial losses.

Equity and Accumulated Other _3

Equity and Accumulated Other Comprehensive Income (Loss) - Equity (Details) - USD ($)	Nov. 23, 2020	Sep. 30, 2020	Sep. 30, 2021	Jun. 30, 2021	May 17, 2019
Equity [Abstract]
Common Stock, Shares Authorized			1,000,000,000	1,000,000,000
Preferred Stock, Shares Authorized			100,000,000	100,000,000
Equity offering, sale of common stock, net		$ 82,000,000
Embedded Derivative, Estimate of Embedded Derivative Liability					$ 40,000,000
Conversion of Stock, Shares Converted	265,223
Dividends, Preferred Stock, Stock	$ 2,000,000
Convertible Preferred Stock, Shares Issued upon Conversion	20.33
Stock Issued During Period, Shares, Conversion of Convertible Securities	5,392,280
Preferred Stock, Shares Outstanding			384,777	384,777
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Purchases, Sales, Issues, Settlements	$ 4,000,000
Auction Market Preferred Securities, Stock Series [Line Items]
Preferred Stock, Shares Authorized			100,000,000	100,000,000
Preferred Stock, Par or Stated Value Per Share			$ 0.01
Preferred Stock, Shares Issued			384,777	384,777
Embedded Derivative, Estimate of Embedded Derivative Liability					$ 40,000,000
Series A [Member]
Equity [Abstract]
Preferred Stock, Shares Authorized			1,000,000
Auction Market Preferred Securities, Stock Series [Line Items]
Preferred Stock, Shares Authorized			1,000,000
Preferred Stock, Par or Stated Value Per Share			$ 0.01
Preferred Stock, Shares Issued					650,000
Preferred Stock, Issuance Value					$ 650,000,000
Preferred Stock, Value, Issued					1,000
Preferred stock issuance Value, Net					$ 646,000,000

Equity and Accumulated Other _4

Equity and Accumulated Other Comprehensive Income (Loss) - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Foreign currency translation adjustments:
Net investment hedge	$ 22	$ (32)
Long-term intercompany loans	(3)	6
Translation adjustments	(28)	35
Total foreign currency translation adjustment, pretax	(9)	9
Tax expense/(benefit)	5	(7)
Total foreign currency translation adjustment, net of tax	(14)	16
Net change in derivatives and hedges
Net loss recognized during the period	1	0
Total derivatives and hedges, pretax	1	0
Tax expense/(benefit)	0	0
Net change in derivatives and hedges, net of tax	1	0
Net change in minimum pension liability
Net gain/(loss) recognized during the period	1	0
Total pension liability, pretax	1	0
Tax expense/(benefit)	0	0
Pension and other post-retirement adjustments	$ 1	$ 0

Equity and Accumulated Other _5

Equity and Accumulated Other Comprehensive Income (Loss) - Rollforward (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance	$ (317)
Other comprehensive income/(loss) before reclassifications	(13)
Amounts reclassified from accumulated other comprehensive income/(loss)	1
Total foreign currency translation adjustment, net of tax	(14)	$ 16
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	1	0
Net change in derivatives and hedges, net of tax	1	0
Other comprehensive income/(loss), net of tax	(12)	$ 16
Ending Balance	(329)
Accumulated Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance	(268)
Other comprehensive income/(loss) before reclassifications	(14)
Amounts reclassified from accumulated other comprehensive income/(loss)	0
Total foreign currency translation adjustment, net of tax	(14)
Ending Balance	(282)
Accumulated Defined Benefit Plans Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance	(47)
Other comprehensive income/(loss) before reclassifications	0
Amounts reclassified from accumulated other comprehensive income/(loss)	1
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	1
Ending Balance	(46)
AOCI, Derivative Qualifying as Hedge, Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance	0
Other comprehensive income/(loss) before reclassifications	1
Amounts reclassified from accumulated other comprehensive income/(loss)	0
Net change in derivatives and hedges, net of tax	1
Ending Balance	1
ACOI, Accumulated Gain (Loss), Marketable Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance	(1)
Other comprehensive income/(loss) before reclassifications	0
Amounts reclassified from accumulated other comprehensive income/(loss)	0
Available for sale investments	0
Ending Balance	(1)
Available-for-sale Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance	(1)
Other comprehensive income/(loss) before reclassifications	0
Amounts reclassified from accumulated other comprehensive income/(loss)	0
Other Comprehensive Income, Other, Net of Tax	0
Ending Balance	$ (1)

Segment Information - Net Reven

Segment Information - Net Revenue and Segment Ebitda (Detail) - USD ($) $ in Millions		3 Months Ended
		Sep. 30, 2021	Sep. 30, 2020
Segment Reporting, Revenue & EBITDA Reconciling Item [Line Items]
Net revenue		$ 1,025	$ 846
Inter-segment revenue elimination		(6)	(4)
Segment Reporting Information Unallocated Expense	[1]	(56)	(29)
Biologics
Segment Reporting, Revenue & EBITDA Reconciling Item [Line Items]
Net revenue		546	377
Segment EBITDA		166	107
Softgel and Oral Technologies
Segment Reporting, Revenue & EBITDA Reconciling Item [Line Items]
Net revenue		243	221
Segment EBITDA		41	38
Oral and Specialty Drug Delivery
Segment Reporting, Revenue & EBITDA Reconciling Item [Line Items]
Net revenue		146	159
Segment EBITDA		33	21
Clinical Supply Services
Segment Reporting, Revenue & EBITDA Reconciling Item [Line Items]
Net revenue		96	93
Segment EBITDA		26	25
Total Catalent sub-total of Segment Reporting [Member]
Segment Reporting, Revenue & EBITDA Reconciling Item [Line Items]
Segment EBITDA		$ 266	$ 191
[1]	Unallocated costs include restructuring and special items, stock-based compensation, gain on sale of subsidiary, impairment charges, certain other corporate directed costs, and other costs that are not allocated to the segments as follows:

Segment Information, EBITDA, Re

Segment Information, EBITDA, Reconciling Items (Detail) - USD ($) $ in Millions		3 Months Ended
		Sep. 30, 2021	Sep. 30, 2020
Unallocated costs [Abstract]
Impairment Charges And Gain Loss On Sale Of Assets		$ 3	$ 2
Stock-based compensation		21	19
Restructuring And Other Special Items	[1]	8	5
Payments for (Proceeds from) Businesses and Interest in Affiliates	[2]	1	0
Other income/(expense),net	[3]	(9)	11
Other (income)/expense, net		(9)	11
Non Allocated Corporate Costs Net		16	14
Segment Reporting Information Unallocated Expense	[4]	$ 56	$ 29
[1]	(a)    Restructuring and other special items during the three months ended September 30, 2021 include (i) transaction and integration costs associated with the Delphi, Hepatic, and RheinCell acquisitions (ii) transaction costs associated with the Bettera acquisition, and (iii) restructuring costs associated with the closure of the Company's Clinical Supply Services facility in Bolton, U.K. Restructuring and other special items during the three months ended September 30, 2020 include transaction and integration costs associated with acquisitions of facilities in Italy and Belgium, the disposal of a site in Australia, and other restructuring initiatives across the Company's network of sites.
[2]	(b)    Gain on sale of subsidiary for the three months ended September 30, 2021 is affiliated with the sale of the Blow-Fill-Seal Business
[3]	(c) Refer to Note 8, Other Expense (Income), Net for details of financing charges and foreign currency translation adjustments recorded within other expense (income), net.
[4]	Unallocated costs include restructuring and special items, stock-based compensation, gain on sale of subsidiary, impairment charges, certain other corporate directed costs, and other costs that are not allocated to the segments as follows:

Segment Information - Reconcili

Segment Information - Reconciliation of Earnings / (Loss) from Continuing Operations to Ebitda (Detail) - USD ($) $ in Millions		3 Months Ended
		Sep. 30, 2021	Sep. 30, 2020
Segment Reporting [Abstract]
Segment Reporting Information Unallocated Expense	[1]	$ 56	$ 29
Depreciation and amortization		81	69
Interest expense, net		26	26
Income tax expense(benefit)		10	(15)
Earnings/(loss) from continuing operations		$ 93	$ 82
[1]	Unallocated costs include restructuring and special items, stock-based compensation, gain on sale of subsidiary, impairment charges, certain other corporate directed costs, and other costs that are not allocated to the segments as follows:

Segment Information - Total Ass

Segment Information - Total Assets for Each Segment and Reconciling in Consolidated Financial Statements (Detail) - USD ($) $ in Millions		3 Months Ended
		Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		$ 10,183		$ 9,112
Payments for (Proceeds from) Businesses and Interest in Affiliates	[1]	1	$ 0
Biologics
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		5,027		4,973
Softgel and Oral Technologies
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		1,577		1,604
Oral and Specialty Drug Delivery
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		1,241		1,269
Clinical Supply Services
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		482		483
Corporate and Eliminations [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		$ 1,856		$ 783
[1]	(b)    Gain on sale of subsidiary for the three months ended September 30, 2021 is affiliated with the sale of the Blow-Fill-Seal Business

Supplemental Balance Sheet In_3

Supplemental Balance Sheet Information - Inventory (Detail) - USD ($) $ in Millions	Sep. 30, 2021	Jun. 30, 2021
Inventory, Net [Abstract]
Raw materials and supplies	$ 482	$ 469
Work-in-process	203	151
Total inventories, gross	685	620
Inventory cost adjustment	(63)	(57)
Inventories	$ 622	$ 563

Supplemental Balance Sheet In_4

Supplemental Balance Sheet Information - Prepaid and Other Assets (Detail) - USD ($) $ in Millions	Sep. 30, 2021	Jun. 30, 2021
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid expenses	$ 64	$ 46
Contract with Customer, Asset, Net, Current	224	181
Spare parts supplies	31	30
Prepaid income tax	23	22
Non-U.S. value added tax	64	50
Other current assets	53	47
Prepaid expenses and other	$ 459	$ 376

Supplemental Balance Sheet In_5

Supplemental Balance Sheet Information - Property and Equipment (Detail) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021
Property, Plant and Equipment, Net [Abstract]
Accumulated depreciation	$ (1,215)		$ (1,179)
Property, plant, and equipment, net	2,581		$ 2,524
Depreciation Expense	$ 58	$ 46

Supplemental Balance Sheet In_6

Supplemental Balance Sheet Information - Other Accrued Liabilities (Detail) - USD ($) $ in Millions	Sep. 30, 2021	Jun. 30, 2021
Balance Sheet Related Disclosures [Abstract]
Accrued employee-related expenses	$ 155	$ 184
Accrued Operating Lease, Liabilities	14	16
Restructuring accrual	2	4
Accrued interest	11	27
Contract liability	283	305
Accrued income tax	25	30
Other accrued liabilities and expenses	164	170
Other accrued liabilities	$ 654	$ 736

Supplemental Balance Sheet In_7

Supplemental Balance Sheet Information - Other Long-Term Assets (Detail) - USD ($) $ in Millions	Sep. 30, 2021	Jun. 30, 2021
Balance Sheet Related Disclosures [Abstract]
Other Assets, Noncurrent	$ 277	$ 268

Subsequent Events (Details)

Subsequent Events (Details) $ in Millions	3 Months Ended
	Dec. 31, 2021USD ($)
Zenyatta | Subsequent Event [Member]
Subsequent Event
Business Combination, Consideration Transferred	$ 1,000

Uncategorized Items - ctlt-2021

Label	Element	Value
Amended Debt Instrument Quarterly Amortization Rate	ctlt_AmendedDebtInstrumentQuarterlyAmortizationRate	0.2506%
Debt Instrument Quarterly Amortization Rate	ctlt_DebtInstrumentQuarterlyAmortizationRate	0.25%