Catalent (CTLT) 10-Q 7 Feb 23 2023 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Dec. 31, 2022	Jan. 31, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Dec. 31, 2022
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	2023
Document Fiscal Period Focus	Q2
Entity Central Index Key	0001596783
Current Fiscal Year End Date	--06-30
Entity Common Stock, Shares Outstanding (shares)		180,090,483

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net revenue		$ 1,149	$ 1,217	$ 2,171	$ 2,242
Cost of sales		762	812	1,526	1,513
Gross margin		387	405	645	729
Selling, general, and administrative expenses		226	228	422	411
Payments for (Proceeds from) Businesses and Interest in Affiliates	[1]	0	0	0	(1)
Other Cost and Expense, Operating		23	16	25	20
Operating earnings		138	161	198	299
Interest expense, net		47	32	79	58
Other (income)/expense, net	[2]	(23)	14	2	23
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total		114	115	117	218
Income tax expense		33	18	36	28
Net earnings/(loss)		81	97	81	190
Participating Securities, Distributed and Undistributed Earnings (Loss), Basic		0	4	0	13
Net Income (Loss) Available to Common Stockholders, Basic		$ 81	$ 93	$ 81	$ 177
Earnings Per Share, Basic		$ 0.45	$ 0.53	$ 0.45	$ 1.02
Earnings Per Share, Diluted		$ 0.44	$ 0.52	$ 0.45	$ 1.01
[1]Gain on sale of subsidiary for the six months ended December 31, 2021[2]Other income (expense), net during the three and six months ended December 31, 2022 and 2021 primarily includes foreign currency remeasurement losses/gains.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income / (Loss) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Other comprehensive income/(loss), net of tax
Net earnings/(loss)	$ 81	$ 97	$ 81	$ 190
Foreign currency translation adjustments	118	(18)	(17)	(32)
Pension and other post-retirement adjustments	0	0	0	1
Available for sale investments	1	(1)	2	(1)
Net change in derivatives and hedges, net of tax	0	3	14	4
Other comprehensive income/(loss), net of tax	119	(16)	(1)	(28)
Comprehensive income/(loss)	$ 200	$ 81	$ 80	$ 162

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Jun. 30, 2022
Current assets:
Cash and cash equivalents	$ 442	$ 449
Trade receivables, net	916	1,051
Inventories	818	702
Prepaid expenses and other	714	625
Marketable Securities	28	89
Total current assets	2,918	2,916
Property, plant, and equipment, net	3,579	3,127
Other assets:
Goodwill	3,215	3,006
Other intangibles, net	1,045	1,060
Deferred Income Tax Assets, Net	55	49
Other Assets, Noncurrent	335	349
Total assets	11,147	10,507
Current Liabilities:
Debt, Current	632	31
Accounts payable	367	421
Other accrued liabilities	527	620
Total current liabilities	1,526	1,072
Long-term obligations, less current portion	4,221	4,171
Pension liability	103	103
Deferred Income Taxes	221	202
Other liabilities	164	164
Total liabilities	6,235	$ 5,712
Temporary Equity, Carrying Amount, Attributable to Parent	$ 0
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	1,000,000,000	1,000,000,000
Common Stock, Value, Outstanding	$ 2	$ 2
Preferred Stock, Value, Outstanding	0	0
Additional paid in capital	4,686	4,649
Accumulated deficit	619	538
Accumulated other comprehensive income/(loss)	(395)	(394)
Total shareholders' equity	4,912	4,795
Total liabilities, redeemable preferred stock, and shareholders’ equity	$ 11,147	$ 10,507
Common stock, shares issued (shares)	180,000,000	179,000,000

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2022	Jun. 30, 2022
Statement of Financial Position [Abstract]
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	1,000,000,000	1,000,000,000
Common stock, shares issued (shares)	180,000,000	179,000,000
Common Stock, Shares, Outstanding	180,000,000	179,000,000
Preferred Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	100,000,000	100,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Accounts Receivable, Allowance for Credit Loss, Current	$ 26	$ 29
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$ 1,465	$ 1,347

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	$ 359,000,000
Common Stock, Shares, Outstanding		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]
Stock Issued During Period, Value, Conversion of Convertible Securities	362,000,000		362,000,000
Stock-based compensation	32,000,000		32,000,000
Stock Issued During Period, Shares, Conversion of Convertible Securities		7,818,000,000
Cash paid, in lieu of equity, for tax withholding	(9,000,000)		(9,000,000)
APIC, Share-based Payment Arrangement, Option, Increase for Cost Recognition	6,000,000		6,000,000
Non-qualified stock	19,000,000		(19,000,000)
Dividends, Preferred Stock	6,000,000			(6,000,000)
Net earnings/(loss)	190,000,000			190,000,000
Other comprehensive income/(loss), net of tax	(28,000,000)				(28,000,000)
Ending Balance at Dec. 31, 2021	4,481,000,000	$ 2,000,000	4,615,000,000	209,000,000	(345,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture		683,000,000
Temporary Equity, Carrying Amount, Period Increase (Decrease)	(359,000,000)
Temporary Equity, Carrying Amount, Period Increase (Decrease)	(359,000,000)
Stock Issued During Period, Shares, Conversion of Convertible Securities		7,818,000,000
Temporary Equity, Carrying Amount, Attributable to Parent	359,000,000
Common Stock, Shares, Outstanding		171,033,000,000
Temporary Equity, Carrying Amount, Attributable to Parent	359,000,000
Beginning 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]
Stock Issued During Period, Value, Stock Options Exercised	0	0	0
Stock Issued During Period, Value, Conversion of Convertible Securities	362,000,000	$ 0	362,000,000
Stock-based compensation	11,000,000		11,000,000
Stock Issued During Period, Shares, Conversion of Convertible Securities		7,818,000,000
Cash paid, in lieu of equity, for tax withholding	(5,000,000)		(5,000,000)
APIC, Share-based Payment Arrangement, ESPP, Increase for Cost Recognition	2,000,000		2,000,000
Non-qualified stock			(11,000,000)
Dividends, Preferred Stock	2,000,000			2,000,000
Net earnings/(loss)	97,000,000			97,000,000
Other comprehensive income/(loss), net of tax	(16,000,000)				(16,000,000)
Ending Balance at Dec. 31, 2021	4,481,000,000	$ 2,000,000	4,615,000,000	209,000,000	(345,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Temporary Equity, Carrying Amount, Period Increase (Decrease)	(359,000,000)
Share issuances related to stock-based compensation		199,000,000
Temporary Equity, Carrying Amount, Period Increase (Decrease)	(359,000,000)
Stock Issued During Period, Shares, Conversion of Convertible Securities		7,818,000,000
Temporary Equity, Carrying Amount, Attributable to Parent	0
Common Stock, Shares, Outstanding		179,050,000,000
Temporary Equity, Carrying Amount, Attributable to Parent	$ 0
Common Stock, Shares, Outstanding	179,000,000	179,302,000,000
Beginning Balance at Jun. 30, 2022	$ 4,795,000,000	$ 2,000,000	4,649,000,000	538,000,000	(394,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	29,000,000		29,000,000
Proceeds from Tax Withholding Obligations	0		(1,000,000)
APIC, Share-based Payment Arrangement, ESPP, Increase for Cost Recognition	7,000,000
APIC, Share-based Payment Arrangement, Option, Increase for Cost Recognition	1,000,000		7,000,000
Net earnings/(loss)	81,000,000			81,000,000
Other comprehensive income/(loss), net of tax	(1,000,000)				(1,000,000)
Ending Balance at Dec. 31, 2022	4,912,000,000	$ 2,000,000	4,686,000,000	619,000,000	(395,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture		686,000,000
Temporary Equity, Carrying Amount, Attributable to Parent	0
Common Stock, Shares, Outstanding		179,901,000,000
Temporary Equity, Carrying Amount, Attributable to Parent	0
Beginning Balance at Sep. 30, 2022	4,700,000,000	$ 2,000,000	4,674,000,000	538,000,000	(514,000,000)
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-based compensation	10,000,000		10,000,000
Proceeds from Tax Withholding Obligations	(2,000,000)
Cash paid, in lieu of equity, for tax withholding			(2,000,000)
APIC, Share-based Payment Arrangement, ESPP, Increase for Cost Recognition	4,000,000		4,000,000
Non-qualified stock	11,000,000
Net earnings/(loss)	81,000,000			81,000,000
Other comprehensive income/(loss), net of tax	119,000,000				119,000,000
Ending Balance at Dec. 31, 2022	4,912,000,000	$ 2,000,000	$ 4,686,000,000	$ 619,000,000	$ (395,000,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture		87,000,000
Temporary Equity, Carrying Amount, Attributable to Parent	$ 0
Common Stock, Shares, Outstanding	180,000,000	179,988,000,000
Temporary Equity, Carrying Amount, Attributable to Parent	$ 0

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)		6 Months Ended
		Dec. 31, 2022	Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings/(loss)		$ 81,000,000	$ 190,000,000
Adjustments to reconcile earnings/(loss) from operations to net cash from operations:
Depreciation and amortization		202,000,000	179,000,000
Non-cash foreign currency transaction (gain)/loss, net		1,000,000	25,000,000
Restructuring and Related Cost, Incurred Cost		7,000,000	0
Amortization and write-off of debt financing costs		4,000,000	4,000,000
Asset impairments charges and (gain)/loss on sale of assets		(1,000,000)	19,000,000
Payments for (Proceeds from) Businesses and Interest in Affiliates	[1]	0	(1,000,000)
Debt Call Premium Fees		0	4,000,000
Derivative, Gain (Loss) on Derivative, Net		0	(2,000,000)
Share issuances related to stock-based compensation		29,000,000	32,000,000
Provision/(benefit) for deferred income taxes		13,000,000	1,000,000
Provision for bad debts and inventory		67,000,000	9,000,000
Change in operating assets and liabilities:
Decrease/(increase) in trade receivables		148,000,000	131,000,000
Decrease/(increase) in inventories		(180,000,000)	(148,000,000)
Increase/(decrease) in accounts payable		(68,000,000)	3,000,000
Other assets/accrued liabilities, net — current and non-current		(181,000,000)	(214,000,000)
Net Cash Provided by (Used in) Operating Activities, Total		122,000,000	232,000,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property and equipment and other productive assets		(317,000,000)	(277,000,000)
Proceeds from Sale and Maturity of Marketable Securities		61,000,000	4,000,000
Proceeds from Sale of Property, Plant, and Equipment		7,000,000	0
Settlement on sale of subsidiaries, net		0	3,000,000
Payment for acquisitions, net of cash acquired		(474,000,000)	(1,020,000,000)
Payments to Acquire Investments			3,000,000
Proceeds from Sale and Maturity of Other Investments		(1,000,000)
Net cash (used in) investing activities		(724,000,000)	(1,299,000,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from Issuance of Debt		625,000,000	1,100,000,000
Payments related to long-term obligations		(32,000,000)	(64,000,000)
Payments of Debt Issuance Costs		(4,000,000)	(15,000,000)
Dividends and Interest Paid		0	(4,000,000)
Proceeds from Tax Withholding Obligations		0
Cash paid, in lieu of equity, for tax withholding			(9,000,000)
Proceeds from (Repurchase of) Equity [Abstract]
Proceeds from Stock Options Exercised		1,000,000	19,000,000
Proceeds from (Payments for) Other Financing Activities		7,000,000	6,000,000
Net cash (used in)/provided by financing activities		597,000,000	1,033,000,000
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents		(2,000,000)	(13,000,000)
NET INCREASE/(DECREASE) IN CASH AND EQUIVALENTS		(7,000,000)	(47,000,000)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents		442,000,000	849,000,000
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD		449,000,000
CASH AND EQUIVALENTS AT END OF PERIOD		442,000,000
SUPPLEMENTARY CASH FLOW INFORMATION:
Interest paid		83,000,000	50,000,000
Income taxes paid, net		$ 38,000,000	$ 27,000,000
[1]Gain on sale of subsidiary for the six months ended December 31, 2021

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Dec. 31, 2022
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 six months ended December 31, 2022 are not necessarily indicative of the results that may be expected for the year ending June 30, 2023. The consolidated balance sheet at June 30, 2022 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, 2022 filed with the Securities and Exchange Commission (the “SEC”). Reportable Segments Effective July 1, 2022, in connection with the appointment of a new President and Chief Executive Officer, the Company changed its operating structure and reorganized its executive leadership team accordingly. This new organizational structure includes a shift from the four operating and reportable segments the Company disclosed during fiscal 2022 to two segments: (i) Biologics and (ii) Pharma and Consumer Health. Set forth below is a summary description of the Company's two current operating and reportable segments. Biologics—The Biologics segment provides the same services as the Biologics segment the Company reported in fiscal 2022, with some organizational adjustments and the addition of analytical development and testing services for large molecules that were previously disclosed as part of the Company's prior Oral and Specialty Delivery segment. The Biologics segment as reorganized provides development and manufacturing for biologic proteins; cell, gene, and other nucleic acid therapies; plasmid DNA; induced pluripotent stem cells ( Pharma and Consumer Health—The Pharma and Consumer Health segment encompasses, except as noted above, the offerings of three of the Company's prior reportable segments—Softgel and Oral Technologies, Oral and Specialty Delivery, and Clinical Supply Services—and comprises the Company’s market-leading capabilities for complex oral solids, softgel formulations, Zydis® fast-dissolve technologies, and gummy, soft chew, and lozenge dosage forms; formulation, development, and manufacturing platforms for oral, nasal, inhaled, and topical dose forms; and clinical trial development and supply services. Each segment reports through a separate management team and ultimately reports to the Company's President and Chief Executive Officer, who is designated as the Chief Operating Decision Maker for segment reporting purposes. The Company's operating segments are the same as its reportable segments. All prior-period comparative segment information has been restated to reflect the current reportable segments in accordance with Accounting Standards Codification (“ASC”) 280, Segment Reporting , promulgated by the Financial Accounting Standards Board (the “FASB”). Reclassifications Consequent to the reorganization noted above, certain prior-period amounts were reclassified to conform to the current period presentation. 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 United States (“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. Concentrations of Credit Risk and Major Customers Concentration of credit risk, with respect to accounts receivable, is limited due to the large number of customers and their dispersion across different geographic areas. The customers are primarily concentrated in the pharmaceutical and consumer products industries. The Company does not normally require collateral or any other security to support credit sales. The Company performs ongoing credit evaluations of its customers’ financial conditions and maintains reserves for credit losses. Such losses historically have been within the Company’s expectations. As of December 31, 2022, the Company had one customer that represented approximately 24% of its aggregate net trade receivables and current contract asset values, primarily associated with the Company's gene therapy offerings, and another customer that represented approximately 11% of its aggregate net trade receivables and current contract asset values. After performing a risk assessment of these customers, the Company has determined that a reserve is not warranted as of December 31, 2022. Additionally, the Company had one customer that represented approximately 13% of net revenue and another customer that represented approximately 10% of net revenue during the three months ended December 31, 2022, primarily in the Biologics segment. Depreciation Depreciation expense was $69 million and $64 million for the three months ended December 31, 2022 and 2021, respectively. Depreciation expense was $135 million and $122 million for the six months ended December 31, 2022 and 2021, respectively. Depreciation expense includes amortization of assets related to finance leases. The Company charges repairs and maintenance costs to expense as incurred. Amortization Amortization expense related to other intangible assets was $34 million and $34 million for the three months ended December 31, 2022 and 2021, respectively. Amortization expense related to other intangible assets was $67 million and $57 million for the six months ended December 31, 2022 and 2021, respectively. Research and Development Costs The Company expenses research and development costs as incurred. Research and development costs amounted to $4 million and $6 million for the three months ended December 31, 2022 and 2021, respectively. Research and development costs amounted to $9 million and $12 million for the six months ended December 31, 2022 and 2021, respectively. 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 December 31, 2022, the amortized cost basis of marketable securities approximates fair value and all outstanding marketable securities mature within one year. Recent Financial Accounting Standards New Accounting Standards Not Adopted as of December 31, 2022 In March 2020, the FASB issued Accounting Standards Update (“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. In December 2022, the FASB issued ASU 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848, which delayed the effective date from December 31, 2022 to December 31, 2024. The Company is currently evaluating the impact of adopting this guidance on its consolidated financial statements.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Dec. 31, 2022
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 two primary revenue streams: (i) manufacturing and commercial product supply, and (ii) development 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 that the Company expects to be entitled in exchange for transferring the promised goods to and/or performing services for the customer (the “Transaction Price”). To the extent the Transaction Price includes variable consideration, the Company estimates the amount of variable consideration that should be included in the Transaction Price utilizing either the expected value method or the most likely amount method depending on which method is expected to better predict the amount of consideration to which the Company will be entitled. The value of variable consideration is included in the Transaction Price if, and to the extent, it is probable that a significant reversal of the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved. These estimates are re-assessed each reporting period, as required, and any adjustments required are recorded on a cumulative catch-up basis, which affects revenue and net income in the period of adjustment. The Company’s customer contracts generally include provisions entitling the Company to a termination penalty when the customer invokes its contractual right to terminate prior to the contract’s nominal end date. The termination penalties in the customer contracts vary but are generally considered substantive for accounting purposes and create enforceable rights and obligations throughout the stated duration of the contract. The Company accounts for a contract cancellation as a contract modification in the period in which the customer invokes the termination provision. The determination of the contract termination penalty is based on the terms stated in the relevant customer agreement. As of the modification date, the Company updates its estimate of the transaction price using the expected value method, subject to constraints, and to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved. These estimates are re-assessed each reporting period, as required, and any adjustments required are recorded on a cumulative catch-up basis, which would affect revenue and net income in the period of adjustment. Manufacturing & Commercial Product Supply Revenue Manufacturing and commercial product supply revenue consists of revenue earned by manufacturing products supplied to customers under long-term commercial supply arrangements. In these arrangements, the customer typically owns and supplies the active pharmaceutical ingredient, or API, that is used in the manufacturing process. The contract generally includes the terms of the manufacturing services and related product quality assurance procedures to comply with regulatory requirements. Due to the regulated nature of the Company’s business, these contract terms are highly interdependent and, therefore, are considered to be a single combined performance obligation. The transaction price is generally stated in the agreement as a fixed price per unit, with no contractual provision for a refund or price concession. Control is transferred to the customer over time, creating a corresponding right to recognize the related revenue, because there is no alternative use to the Company for the asset created and the Company has an enforceable right to payment for performance completed as of that date. Progress is measured based on the units of product that have successfully completed the contractually required product quality assurance process, as the conclusion of that process generally defines the time when the applicable contract and the related regulatory requirements permit the customer to exercise control over the product’s disposition. The customer is typically responsible for arranging the shipping and handling of product following completion of the quality assurance process. Payment is typically due 30 to 45 days after the goods are delivered as requested by the customer, based on the payment terms set forth in the applicable customer agreement. Development Services and Clinical Supply Revenue Development services and clinical supply contracts generally take the form of short-term, fee-for-service arrangements. Performance obligations vary, but frequently include biologic cell-line development, performing formulation, analytical stability, or other services related to product development, and providing manufacturing services for products that are under development or otherwise not intended for commercial sale. They can also include a combination of the following services: the manufacturing, packaging, storage, distribution, destruction, inventory management of customer clinical trial material and the sourcing of comparator drug products on behalf of customers to be used in clinical trials to compare performance with the drug under clinical investigation. The transaction prices for these arrangements are fixed and include amounts stated in the contracts for each promised service, and each service is generally considered to be a separate performance obligation. In most instances, the Company recognizes revenue over time because there is no alternative use to the Company for the asset created and the Company has an enforceable right to payment for performance completed as of that date. The Company measures progress toward the completion of its performance obligations satisfied over time based on the nature of the services to be performed. For certain types of arrangements, revenue is recognized over time and measured using an output method based on the completion of tasks and activities that are performed to satisfy a performance obligation. For certain types of arrangements, revenue is recognized over time and measured using an input method based on effort expended. Each of these methods provides an appropriate depiction of the Company’s progress toward fulfilling its performance obligations for its respective arrangement. In certain development services arrangements that require a portion of the contract consideration to be received in advance at the commencement of the contract, such advance payment is initially recorded as a contract liability. In certain clinical supply arrangements, revenue is recognized at the point in time when control transfers, which occurs upon either the delivery of the related output of the service to the customer or the completion of quality testing with respect to the product, and the Company has an enforceable right to payment based on the terms of the arrangement. The Company allocates consideration to each performance obligation using the “relative standalone selling price” as defined under ASC 606. Generally, the Company utilizes observable standalone selling prices in its allocations of consideration. If observable standalone selling prices are not available, the Company estimates the applicable standalone selling price using a cost-plus-margin approach or an adjusted market assessment approach, in each case, representing the amount that the Company believes the market is willing to pay for the applicable service. Payment is typically due 30 to 45 days following the completion of services provided to the customer, based on the payment terms set forth in the applicable customer agreement. The Company records revenue for comparator sourcing arrangements on a net basis because it is acting as an agent that does not control the product or service before it is transferred to the customer. Payment for comparator sourcing activity is typically received in advance at the commencement of the contract and is initially recorded as a contract liability. 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 reflect net revenue for the three and six months ended December 31, 2022 and 2021, by type of activity and reportable segment (in millions): Three Months Ended December 31, 2022 Biologics Pharma and Consumer Health Total Manufacturing & commercial product supply $ 75 $ 340 $ 415 Development services & clinical supply 505 230 735 Total $ 580 $ 570 $ 1,150 Inter-segment revenue elimination (1) Combined net revenue $ 1,149 Three Months Ended December 31, 2021 Biologics Pharma and Consumer Health Total Manufacturing & commercial product supply $ 169 $ 359 $ 528 Development services & clinical supply 472 218 690 Total $ 641 $ 577 $ 1,218 Inter-segment revenue elimination (1) Combined net revenue $ 1,217 Six Months Ended December 31, 2022 Biologics Pharma and Consumer Health Total Manufacturing & commercial product supply $ 169 $ 632 $ 801 Development services & clinical supply 934 437 1,371 Total $ 1,103 $ 1,069 $ 2,172 Inter-segment revenue elimination (1) Combined net revenue $ 2,171 Six Months Ended December 31, 2021 Biologics Pharma and Consumer Health Total Manufacturing & commercial product supply $ 303 $ 635 $ 938 Development services & clinical supply 886 419 1,305 Total $ 1,189 $ 1,054 $ 2,243 Inter-segment revenue elimination (1) Combined net revenue $ 2,242 The following table allocates revenue by the location where the goods were made or the service performed: Three Months Ended Six Months Ended (Dollars in millions) 2022 2021 2022 2021 United States $ 734 $ 793 $ 1,432 $ 1,423 Europe 356 370 630 722 Other 88 83 169 155 Elimination of revenue attributable to multiple locations (29) (29) (60) (58) Total $ 1,149 $ 1,217 $ 2,171 $ 2,242 Contract Liabilities Contract liabilities relate to cash consideration that the Company receives in advance of satisfying the related performance obligations. The contract liabilities balances (current and non-current) as of December 31, 2022 and June 30, 2022 are as follows: (Dollars in millions) Balance at June 30, 2022 $ 194 Balance at December 31, 2022 $ 186 Revenue recognized in the period from amounts included in contracts liability at the beginning of the period: $ (113) Contract liabilities that will be recognized within 12 months of December 31, 2022 are accounted for in Other accrued liabilities and those that will be recognized longer than 12 months after December 31, 2022 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 customers as of December 31, 2022 relating to the Company's development services but had not yet been invoiced as of December 31, 2022. Contract assets are transferred to trade receivables, net when the Company’s right to receive the consideration becomes unconditional. Contract assets totaled $513 million and $441 million as of December 31, 2022 and June 30, 2022 , respectively. Contract assets expected to transfer to trade receivables within 12 months are accounted for within Prepaid expenses and other. Contract assets expected to transfer to trade receivables longer than 12 months are accounted for within Other long-term assets.

Business Combinations

Business Combinations	3 Months Ended
	Dec. 31, 2022
Business Combinations [Abstract]
Business Combination Disclosure [Text Block]	BUSINESS COMBINATIONS

Goodwill

Goodwill	6 Months Ended
	Dec. 31, 2022
Goodwill Disclosure [Abstract]
Goodwill	GOODWILL The following table summarizes the changes between June 30, 2022 and December 31, 2022 in the carrying amount of goodwill in total and by segment: (Dollars in millions) Biologics Pharma and Consumer Health Total Balance at June 30, 2022 (1) $ 1,535 $ 1,471 $ 3,006 Additions (2) — 215 215 Reallocation 16 (16) — Foreign currency translation adjustments 1 (7) (6) Balance at December 31, 2022 $ 1,552 $ 1,663 $ 3,215 (1) As of result of the organizational realignments which were effective July 1, 2022, (described in Note 1, Basis of Presentation and Summary of Significant Accounting Policies ), beginning balances have been reclassified to conform with the current period presentation. (2) The addition to goodwill is a result of the Metrics acquisition. For further details, see Note 3, Business Combinations. As part of the business reorganization discussed in Note 1, Basis of Presentation and Summary of Significant Accounting Policies , the goodwill from the previous Biologics, Softgel and Oral Technologies, Oral and Specialty Delivery, and Clinical Supply Services segments was reallocated between the current Biologics and Pharma and Consumer Health segments.

Long-Term Obligations and Other

Long-Term Obligations and Other Short-Term Borrowings	6 Months Ended
	Dec. 31, 2022
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 December 31, 2022 and June 30, 2022: (Dollars in millions) Maturity December 31, 2022 June 30, 2022 Senior secured credit facilities Term loan facility B-3 (6.375% as of December 31) February 2028 $ 1,426 $ 1,433 Revolving credit facility (1) (6.032% as of December 31) November 2027 600 — 5.000% senior notes due 2027 July 2027 500 500 2.375% euro senior notes due 2028 (2) March 2028 879 874 3.125% senior notes due 2029 February 2029 550 550 3.500% senior notes due 2030 April 2030 650 650 Financing lease obligations 2022 to 2038 289 234 Other obligations 2022 to 2028 2 2 Unamortized discount and debt issuance costs (43) (41) Total debt $ 4,853 $ 4,202 Less: current portion of long-term obligations and other short-term borrowings (1) 632 31 Long-term obligations, less current portion $ 4,221 $ 4,171 (1) During the six months ended December 31, 2022, the Company drew down $625 million on its revolving credit facility to fund the acquisition of Metrics and supplement operating cash flows, of which $25 million was repaid during three months ended December 31, 2022. The Company has elected to classify the borrowing on its revolving credit facility as current as it intends to repay a portion of the borrowing using cash flow from operations and/or refinance the borrowing through a senior notes offering within the next twelve months. (2) The change in euro-denominated debt was due to fluctuations in foreign currency exchange rates. Seventh Amendment to the Credit Agreement In November 2022, Operating Company entered into Amendment No. 7 (the “Seventh Amendment”) to its Amended and Restated Credit Agreement, dated May 20, 2014 (as subsequently amended, the “Credit Agreement”). Pursuant to the Seventh Amendment, Operating Company (i) terminated its existing revolving credit commitments (and the related outstanding revolving borrowings), which is part of its senior secured credit facilities, and (ii) obtained $1.10 billion aggregate amount of new revolving credit commitments, borrowing thereunder an amount equal to the previously outstanding borrowings under the terminated commitments (as amended, the “Revolving Credit Facility”). The Revolving Credit Facility has an interest rate margin, at Operating Company’s option, based on a (1) prime rate, plus a margin ranging from 0.75% to 1.25% based on Operating Company’s consolidated leverage ratio or (2) Secured Overnight Financing Rate, plus 0.10%, plus a margin ranging from 1.75% to 2.25% based on Operating Company’s consolidated leverage ratio. The Revolving Credit Facility has a maturity date that is the earlier of (A) five years after November 22, 2027, and (B) the 91st day prior to the maturity of Operating Company’s $500 million 5.000% senior unsecured notes due 2027 (the “2027 Notes”) or any permitted refinancing thereof, if on such 91st day, any of the 2027 Notes remains outstanding. Otherwise, the Revolving Credit Facility under the Seventh Amendment has the same principal terms as the previously existing revolving credit commitments under the Credit Agreement. The availability of capacity under the Revolving Credit Facility is reduced by the aggregate value of all outstanding letters of credit under the Credit Agreement. As of December 31, 2022, Operating Company had $496 million of unutilized capacity under the Revolving Credit Facility due to $4 million of outstanding letters of credit. 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 10, 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 December 31, and June 30, 2022 are as follows: December 31, 2022 June 30, 2022 (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 $ 483 $ 500 $ 483 2.375% Euro senior notes due 2028 Level 2 879 755 874 744 3.125% senior notes due 2029 Level 2 550 469 550 476 3.500% senior notes due 2030 Level 2 650 551 650 561 Senior secured credit facilities & other Level 2 2,317 2,111 1,669 1,575 Subtotal $ 4,896 $ 4,369 $ 4,243 $ 3,839 Unamortized discount and debt issuance costs (43) — (41) — Total debt $ 4,853 $ 4,369 $ 4,202 $ 3,839

Earnings Per Share

Earnings Per Share	6 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE Effective as of the first quarter of fiscal 2023, the Company computes earnings per share of the Company’s common stock, par value $0.01 (the “Common Stock”) using the treasury stock method. Prior to fiscal 2023, the Company computed earnings per share of the Common Stock using the two-class method required due to the participating nature of the previously outstanding Series A Preferred Stock (as defined and discussed in Note 13, Equity 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. Prior to fiscal 2023, the Company applied the if-converted method to compute the potentially dilutive effect of the previously outstanding Series A Preferred Stock. The reconciliations between basic and diluted earnings per share attributable to Catalent common shareholders for the three and six months ended December 31, 2022 and 2021, respectively, are as follows: Three Months Ended Six Months Ended (In millions except per share data) 2022 2021 2022 2021 Net earnings $ 81 $ 97 $ 81 $ 190 Less: Net earnings attributable to preferred shareholders — (4) — (13) Net earnings attributable to common shareholders $ 81 $ 93 $ 81 $ 177 Weighted average shares outstanding - basic 181 175 180 173 Weighted average dilutive securities issuable - stock plans — 2 1 2 Weighted average shares outstanding - diluted 181 177 181 175 Earnings per share: Basic $ 0.45 $ 0.53 $ 0.45 $ 1.02 Diluted $ 0.44 $ 0.52 $ 0.45 $ 1.01 The Company's Series A Preferred Stock was deemed a participating security, meaning that it had the right to participate in undistributed earnings with the Company's Common Stock. On November 23, 2020, the holders of Series A Preferred Stock converted 265,223 shares of Series A Preferred Stock and $2 million of unpaid accrued dividends into shares of Common Stock. On November 18, 2021, the holders of Series A Preferred Stock converted the remaining 384,777 shares of Series A Preferred Stock and $2 million of unpaid accrued dividends into shares of Common Stock. Shares with an antidilutive effect on the weighted average shares outstanding for the three and six months ended December 31, 2022 and 2021 were not material.

Other (Income)_ Expense, Net

Other (Income)/ Expense, Net	6 Months Ended
	Dec. 31, 2022
Other Income and Expenses [Abstract]
Other Income and Other Expense Disclosure [Text Block]	OTHER (INCOME) EXPENSE, NET The components of other expense, net for the three and six months ended December 31, 2022 and 2021 are as follows: Three Months Ended Six Months Ended (Dollars in millions) 2022 2021 2022 2021 Debt financing costs (1) $ — $ — $ — $ 4 Foreign currency (gains) losses (2) (25) 15 (1) 24 Other (3) 2 (1) 3 (5) Total other (income) expense, net $ (23) $ 14 $ 2 $ 23 (1) Debt financing costs for the six months ended December 31, 2021 includes $4 million of financing charges related to $450 million of U.S. dollar-denominated term loans borrowed in that period under the Company’s senior secured credit facilities. (2) Foreign currency remeasurement gains/losses include both cash and non-cash transactions.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	6 Months Ended
	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES Risk Management Objective of Using Derivatives The Company is exposed to fluctuations in the currency exchange rates 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 exposure from its investments in its European operations by denominating a portion of its debt in euros. At December 31, 2022, the Company had euro-denominated debt outstanding of $879 million (U.S. dollar equivalent), which is designated and qualifies as a hedge against its net investment in its 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 unhedged portions of the euro-denominated debt translation gains or losses are reported in the consolidated statements of operations. The following table summarizes net investment hedge activity during the three and six months ended December 31, 2022 and 2021. Three Months Ended Six Months Ended (Dollars in millions) 2022 2021 2022 2021 Unrealized foreign exchange gain (loss) within other comprehensive income $ (85) $ 40 $ (4) $ 62 Unrealized foreign exchange gain (loss) within statement of operations $ — $ (8) $ — $ (11) The net accumulated gain on the instrument designated as a hedge as of December 31, 2022 within other comprehensive loss was approximately $123 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. Interest-Rate Swap In April 2020, pursuant to its interest rate and risk management strategy, the Company entered into an interest-rate swap agreement with Bank of America N.A. (the “2020 Rate Swap”) 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. In February 2021, in connection with an amendment to the Credit Agreement, the Company paid $2 million in cash to Bank of America N.A to settle the 2020 Rate Swap. 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. (the “2021 Rate Swap”) as a hedge against the economic effect of a portion of the variable interest obligation associated with its Term B-3 Loans. The 2021 Rate Swap effectively fixed the rate of interest payable on that portion of the Term B-3 Loans, thereby reducing the impact of future interest rate changes on future interest expense. As a result of the 2021 Rate Swap, the variable portion of the applicable interest rate on $500 million of the Term B-3 Loans is now effectively fixed at 0.9985%. The 2021 Rate Swap 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 2021 Rate Swap is reported in cash provided by operating activities in the consolidated statements of cash flows. The unrealized gain recorded in stockholder's equity from marking the 2021 Rate Swap to market during the six months ended December 31, 2022 was $18 million. A summary of the estimated fair value of the 2021 Rate Swap reported in the consolidated balance sheets is stated in the table below: December 31, 2022 June 30, 2022 (Dollars in millions) Balance Sheet Classification Estimated Fair Value Balance Sheet Classification Estimated Fair Value Interest-rate swap Other long-term assets $ 54 Other long-term assets $ 36

Fair Value Measures and Disclos

Fair Value Measures and Disclosures	6 Months Ended
	Dec. 31, 2022
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 December 31, and June 30, 2022: (Dollars in millions) Basis of Fair Value Measurement December 31, 2022 Total Level 1 Level 2 Level 3 Assets: Marketable securities $ 28 $ 28 $ — $ — Interest-rate swap 54 — 54 — Trading securities 1 1 — — June 30, 2022 Assets: Marketable securities $ 89 $ 89 $ — $ — Interest-rate swap 36 — 36 — Trading securities 2 2 — — The fair value of the 2021 Rate Swap 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. 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. T here was no non-recurring fair value measurement during the six months ended December 31, 2022.

Income Taxes

Income Taxes	6 Months Ended
	Dec. 31, 2022
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, amortization of certain assets, changes in the Company’s reserve for uncertain tax positions, and tax impact of certain equity compensation. In the normal course of business, the Company is subject to examination by taxing authorities around the world. 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 provides guidance for the accounting of uncertain income tax positions recognized in the Company's tax filings. This guidance provides that a tax benefit from an uncertain tax position may be recognized when it is more likely than not that, based on technical merits, the position will be sustained upon examination, including resolution of any related appeal or litigation process. As of December 31, and June 30, 2022, the Company's reserve against uncertain income tax positions was $4 million and $5 million, respectively. The majority of the reduction is attributable to the expiration of the statute of limitations on certain of the reserves. 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 December 31, 2022 of $33 million relative to earnings before income taxes of $114 million. The Company recorded a provision for income taxes for the three months ended December 31, 2021 of $18 million relative to earnings before income taxes of $115 million. The relatively higher income tax provision on lower earnings before income taxes is the result of decreased pretax income in tax jurisdictions with favorable tax rates, equity related compensation benefits in the prior-year quarter, and foreign tax credits claimed in the prior-year quarter resulting from amended returns. Generally, fluctuations in the effective tax rate are due to changes in the geographic distribution of the Company's pretax income resulting from its business mix, changes in the tax impact of permanent differences, restructuring, special items, certain equity related compensation, and other discrete tax items that may have unique tax implications depending on the nature of the item.

Employee Retirement Benefit Pla

Employee Retirement Benefit Plans	6 Months Ended
	Dec. 31, 2022
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 Six Months Ended (Dollars in millions) 2022 2021 2022 2021 Components of net periodic benefit cost: Selling, general, and administrative expenses: Service cost $ 1 $ 1 $ 2 $ 2 Other expense, net: Interest cost 2 1 4 2 Expected return on plan assets (2) (3) (4) (5) Amortization (1) — 1 — 2 Net amount recognized $ 1 $ — $ 2 $ 1 (1) Amount represents the amortization of unrecognized actuarial losses.

Equity and Accumulated Other Co

Equity and Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Equity, Redeemable Preferred Stock and Accumulated Other Comprehensive Loss	EQUITY AND ACCUMULATED OTHER COMPREHENSIVE LOSS Description of Capital Stock The Company is authorized to issue 1.00 billion shares of its Common Stock and 100 million 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. In 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”) and issued and sold 650,000 shares of the Series A Preferred Stock to affiliates of Leonard Green & Partners, L.P. In November 2021, the holders of the Series A Preferred Stock converted all then-outstanding shares of Series A Preferred Stock and $2 million of related unpaid accrued dividends into shares of Common Stock. 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 and six months ended December 31, 2022 and 2021 are presented below. Three Months Ended Six Months Ended (Dollars in millions) 2022 2021 2022 2021 Foreign currency translation adjustments: Net investment hedge $ (85) $ 40 $ (4) $ 62 Long-term intercompany loans 31 (4) (10) (7) Translation adjustments 155 (45) (5) (73) Total foreign currency translation adjustment, pretax 101 (9) (19) (18) Tax (benefit) expense (17) 9 (2) 14 Total foreign currency translation adjustment, net of tax $ 118 $ (18) $ (17) $ (32) Net change in derivatives and hedges: Net gain recognized during the period $ — $ 4 $ 18 $ 5 Total derivatives and hedges, pretax — 4 18 5 Tax expense — 1 4 1 Net change in derivatives and hedges, net of tax $ — $ 3 $ 14 $ 4 Net change in minimum pension liability: Net gain recognized during the period $ — $ — $ — $ 1 Total pension liability, pretax — — — 1 Tax benefit — — — — Net change in minimum pension liability, net of tax $ — $ — $ — $ 1 Net change in marketable securities: Net gain (loss) recognized during the period $ 1 $ (1) $ 1 $ (1) Amounts reclassified from accumulated other 1 — 2 — Net change in marketable securities, pretax 2 (1) 3 (1) Tax expense 1 $ — 1 $ — Net change in marketable securities, net of tax $ 1 $ (1) $ 2 $ (1) For the three months ended December 31, 2022 and 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 September 30, 2022 $ (513) $ (38) $ 41 $ (3) $ (1) $ (514) Other comprehensive income before 118 — — — — 118 Amounts reclassified from accumulated other — — — 1 — 1 Net current period other comprehensive income 118 — — 1 — 119 Balance at December 31, 2022 $ (395) $ (38) $ 41 $ (2) $ (1) $ (395) (Dollars in millions) Foreign Exchange Translation Adjustments Pension and Liability Adjustments Derivatives and Hedges Marketable Securities Other Total Balance at September 30, 2021 $ (282) $ (46) $ 1 $ (1) $ (1) $ (329) Other comprehensive (loss) income before (18) — 3 (1) — (16) Amounts reclassified from accumulated other — — — — — — Net current period other comprehensive (loss) income (18) — 3 (1) — (16) Balance at December 31, 2021 $ (300) $ (46) $ 4 $ (2) $ (1) $ (345) For the six months ended December 31, 2022 and 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, 2022 $ (378) $ (38) $ 27 $ (4) $ (1) $ (394) Other comprehensive (loss) income before (17) — 14 — — (3) Amounts reclassified from accumulated other — — — 2 — 2 Net current period other comprehensive (loss) income (17) — 14 2 — (1) Balance at December 31, 2022 $ (395) $ (38) $ 41 $ (2) $ (1) $ (395)

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Dec. 31, 2022
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

Segment Information

Segment Information	6 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION The Company evaluates the performance of its segments based on segment earnings before other (expense) income, impairments, restructuring costs, interest expense, income tax expense, 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 Segment EBITDA for each of the Company's current reportable segments during the three and six months ended December 31, 2022 and 2021: (Dollars in millions) Three Months Ended Six Months Ended 2022 2021 2022 2021 Segment EBITDA reconciled to net earnings: Biologics $ 181 $ 199 $ 294 $ 366 Pharma and Consumer Health 135 147 243 246 Sub-Total $ 316 $ 346 $ 537 $ 612 Reconciling items to net earnings Unallocated costs (1) (52) (101) (139) (157) Depreciation and amortization (103) (98) (202) (179) Interest expense, net (47) (32) (79) (58) Income tax expense (33) (18) (36) (28) Net earnings $ 81 $ 97 $ 81 $ 190 (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 December 31, Six Months Ended 2022 2021 2022 2021 Impairment charges and gain/loss on sale of assets (a) $ (1) $ (16) $ 1 $ (19) Stock-based compensation (10) (11) (29) (32) Restructuring and other special items (b) (33) (23) (42) (31) Gain on sale of subsidiary (c) — — — 1 Other income (expense), net (d) 23 (14) (2) (23) Unallocated corporate costs, net (31) (37) (67) (53) Total unallocated costs $ (52) $ (101) $ (139) $ (157) (a) Impairment charges and gain/loss on sale of assets during the three and six months ended December 31, 2021 include fixed asset impairment charges associated with a product in the Pharma and Consumer Health segment. (b) Restructuring and other special items during the three months ended December 31, 2022 include (i) restructuring charges associated with our plans to reduce costs, consolidate facilities, and optimize our infrastructure across the organization and (ii) transaction and integration costs associated with our Metrics acquisition. Restructuring and other special items for the six months ended December 31, 2022 also includes warehouse exit costs for a product the Company no longer manufactures in its Pharma and Consumer Health segment. For further details on restructuring charges, see Note 8, Restructuring Costs . Restructuring and other special items during the three months ended December 31, 2021 include (a) transaction and integration costs primarily associated with the Bettera Wellness acquisition and (b) restructuring costs associated with the closure of the previously owned Bolton facility. Restructuring and other special items during the six months ended December 31, 2021 include (c) transaction and integration costs associated with the Delphi Genetics SA, Hepatic Cell Therapy Support SA, RheinCell Therapeutics GmbH, and Bettera Wellness acquisitions. (c) Gain on sale of subsidiary for the six months ended December 31, 2021 was due to the sale of the Company's facility in Woodstock, Illinois and the associated business. (d) Other income (expense), net during the three and six months ended December 31, 2022 and 2021 primarily includes foreign currency remeasurement losses/gains. 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) December 31, June 30, Assets: Biologics $ 5,902 $ 5,770 Pharma and Consumer Health 4,992 4,355 Corporate and eliminations 253 382 Total assets $ 11,147 $ 10,507

Supplemental Balance Sheet Info

Supplemental Balance Sheet Information	6 Months Ended
	Dec. 31, 2022
Balance Sheet Related Disclosures [Abstract]
Supplemental Balance Sheet Information	SUPPLEMENTAL BALANCE SHEET INFORMATION Supplemental balance sheet information at December 31, 2022 and June 30, 2022 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) December 31, June 30, Raw materials and supplies $ 803 $ 651 Work-in-process 144 109 Total inventories, gross 947 760 Inventory cost adjustment (1) (129) (58) Total inventories $ 818 $ 702 (1) Increase in inventory cost adjustment is primarily associated with the settlement of certain take-or-pay arrangements. Prepaid expenses and other Prepaid expenses and other consist of the following: (Dollars in millions) December 31, June 30, Prepaid expenses $ 67 $ 61 Short-term contract assets 497 398 Spare parts supplies 23 22 Prepaid income tax 31 26 Non-U.S. value-added tax 37 48 Other current assets 59 70 Total prepaid expenses and other $ 714 $ 625 Other accrued liabilities Other accrued liabilities consist of the following: (Dollars in millions) December 31, June 30, Contract liabilities $ 175 $ 185 Accrued employee-related expenses 143 198 Accrued expenses 123 140 Operating lease liabilities 12 14 Restructuring accrual 7 1 Accrued interest 33 32 Accrued income tax 34 50 Total other accrued liabilities $ 527 $ 620

Subsequent Events (Notes)

Subsequent Events (Notes)	6 Months Ended
	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENTS

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Dec. 31, 2022
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 six months ended December 31, 2022 are not necessarily indicative of the results that may be expected for the year ending June 30, 2023. The consolidated balance sheet at June 30, 2022 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, 2022 filed with the Securities and Exchange Commission (the “SEC”). Reportable Segments Effective July 1, 2022, in connection with the appointment of a new President and Chief Executive Officer, the Company changed its operating structure and reorganized its executive leadership team accordingly. This new organizational structure includes a shift from the four operating and reportable segments the Company disclosed during fiscal 2022 to two segments: (i) Biologics and (ii) Pharma and Consumer Health. Set forth below is a summary description of the Company's two current operating and reportable segments. Biologics—The Biologics segment provides the same services as the Biologics segment the Company reported in fiscal 2022, with some organizational adjustments and the addition of analytical development and testing services for large molecules that were previously disclosed as part of the Company's prior Oral and Specialty Delivery segment. The Biologics segment as reorganized provides development and manufacturing for biologic proteins; cell, gene, and other nucleic acid therapies; plasmid DNA; induced pluripotent stem cells ( Pharma and Consumer Health—The Pharma and Consumer Health segment encompasses, except as noted above, the offerings of three of the Company's prior reportable segments—Softgel and Oral Technologies, Oral and Specialty Delivery, and Clinical Supply Services—and comprises the Company’s market-leading capabilities for complex oral solids, softgel formulations, Zydis® fast-dissolve technologies, and gummy, soft chew, and lozenge dosage forms; formulation, development, and manufacturing platforms for oral, nasal, inhaled, and topical dose forms; and clinical trial development and supply services. Each segment reports through a separate management team and ultimately reports to the Company's President and Chief Executive Officer, who is designated as the Chief Operating Decision Maker for segment reporting purposes. The Company's operating segments are the same as its reportable segments. All prior-period comparative segment information has been restated to reflect the current reportable segments in accordance with Accounting Standards Codification (“ASC”) 280, Segment Reporting , promulgated by the Financial Accounting Standards Board (the “FASB”).
Reclassification, Policy	Reclassifications Consequent to the reorganization noted above, certain prior-period amounts were reclassified to conform to the current period presentation.
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 United States (“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, Depletion, and Amortization	Depreciation Depreciation expense was $69 million and $64 million for the three months ended December 31, 2022 and 2021, respectively. Depreciation expense was $135 million and $122 million for the six months ended December 31, 2022 and 2021, respectively. Depreciation expense includes amortization of assets related to finance leases. The Company charges repairs and maintenance costs to expense as incurred. Amortization Amortization expense related to other intangible assets was $34 million and $34 million for the three months ended December 31, 2022 and 2021, respectively. Amortization expense related to other intangible assets was $67 million and $57 million for the six months ended December 31, 2022 and 2021, respectively.
Research and Development Costs	Research and Development Costs The Company expenses research and development costs as incurred. Research and development costs amounted to $4 million and $6 million for the three months ended December 31, 2022 and 2021, respectively. Research and development costs amounted to $9 million and $12 million for the six months ended December 31, 2022 and 2021, respectively.
Marketable Securities	Marketable SecuritiesThe 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 December 31, 2022, the amortized cost basis of marketable securities approximates fair value and all outstanding marketable securities mature within one year.
Recent Financial Accounting Standards	Recent Financial Accounting Standards New Accounting Standards Not Adopted as of December 31, 2022 In March 2020, the FASB issued Accounting Standards Update (“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. In December 2022, the FASB issued ASU 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848, which delayed the effective date from December 31, 2022 to December 31, 2024. 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)	6 Months Ended
	Dec. 31, 2022
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 two primary revenue streams: (i) manufacturing and commercial product supply, and (ii) development 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 that the Company expects to be entitled in exchange for transferring the promised goods to and/or performing services for the customer (the “Transaction Price”). To the extent the Transaction Price includes variable consideration, the Company estimates the amount of variable consideration that should be included in the Transaction Price utilizing either the expected value method or the most likely amount method depending on which method is expected to better predict the amount of consideration to which the Company will be entitled. The value of variable consideration is included in the Transaction Price if, and to the extent, it is probable that a significant reversal of the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved. These estimates are re-assessed each reporting period, as required, and any adjustments required are recorded on a cumulative catch-up basis, which affects revenue and net income in the period of adjustment. The Company’s customer contracts generally include provisions entitling the Company to a termination penalty when the customer invokes its contractual right to terminate prior to the contract’s nominal end date. The termination penalties in the customer contracts vary but are generally considered substantive for accounting purposes and create enforceable rights and obligations throughout the stated duration of the contract. The Company accounts for a contract cancellation as a contract modification in the period in which the customer invokes the termination provision. The determination of the contract termination penalty is based on the terms stated in the relevant customer agreement. As of the modification date, the Company updates its estimate of the transaction price using the expected value method, subject to constraints, and to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved. These estimates are re-assessed each reporting period, as required, and any adjustments required are recorded on a cumulative catch-up basis, which would affect revenue and net income in the period of adjustment. Manufacturing & Commercial Product Supply Revenue Manufacturing and commercial product supply revenue consists of revenue earned by manufacturing products supplied to customers under long-term commercial supply arrangements. In these arrangements, the customer typically owns and supplies the active pharmaceutical ingredient, or API, that is used in the manufacturing process. The contract generally includes the terms of the manufacturing services and related product quality assurance procedures to comply with regulatory requirements. Due to the regulated nature of the Company’s business, these contract terms are highly interdependent and, therefore, are considered to be a single combined performance obligation. The transaction price is generally stated in the agreement as a fixed price per unit, with no contractual provision for a refund or price concession. Control is transferred to the customer over time, creating a corresponding right to recognize the related revenue, because there is no alternative use to the Company for the asset created and the Company has an enforceable right to payment for performance completed as of that date. Progress is measured based on the units of product that have successfully completed the contractually required product quality assurance process, as the conclusion of that process generally defines the time when the applicable contract and the related regulatory requirements permit the customer to exercise control over the product’s disposition. The customer is typically responsible for arranging the shipping and handling of product following completion of the quality assurance process. Payment is typically due 30 to 45 days after the goods are delivered as requested by the customer, based on the payment terms set forth in the applicable customer agreement. Development Services and Clinical Supply Revenue Development services and clinical supply contracts generally take the form of short-term, fee-for-service arrangements. Performance obligations vary, but frequently include biologic cell-line development, performing formulation, analytical stability, or other services related to product development, and providing manufacturing services for products that are under development or otherwise not intended for commercial sale. They can also include a combination of the following services: the manufacturing, packaging, storage, distribution, destruction, inventory management of customer clinical trial material and the sourcing of comparator drug products on behalf of customers to be used in clinical trials to compare performance with the drug under clinical investigation. The transaction prices for these arrangements are fixed and include amounts stated in the contracts for each promised service, and each service is generally considered to be a separate performance obligation. In most instances, the Company recognizes revenue over time because there is no alternative use to the Company for the asset created and the Company has an enforceable right to payment for performance completed as of that date. The Company measures progress toward the completion of its performance obligations satisfied over time based on the nature of the services to be performed. For certain types of arrangements, revenue is recognized over time and measured using an output method based on the completion of tasks and activities that are performed to satisfy a performance obligation. For certain types of arrangements, revenue is recognized over time and measured using an input method based on effort expended. Each of these methods provides an appropriate depiction of the Company’s progress toward fulfilling its performance obligations for its respective arrangement. In certain development services arrangements that require a portion of the contract consideration to be received in advance at the commencement of the contract, such advance payment is initially recorded as a contract liability. In certain clinical supply arrangements, revenue is recognized at the point in time when control transfers, which occurs upon either the delivery of the related output of the service to the customer or the completion of quality testing with respect to the product, and the Company has an enforceable right to payment based on the terms of the arrangement. The Company allocates consideration to each performance obligation using the “relative standalone selling price” as defined under ASC 606. Generally, the Company utilizes observable standalone selling prices in its allocations of consideration. If observable standalone selling prices are not available, the Company estimates the applicable standalone selling price using a cost-plus-margin approach or an adjusted market assessment approach, in each case, representing the amount that the Company believes the market is willing to pay for the applicable service. Payment is typically due 30 to 45 days following the completion of services provided to the customer, based on the payment terms set forth in the applicable customer agreement. The Company records revenue for comparator sourcing arrangements on a net basis because it is acting as an agent that does not control the product or service before it is transferred to the customer. Payment for comparator sourcing activity is typically received in advance at the commencement of the contract and is initially recorded as a contract liability. 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 reflect net revenue for the three and six months ended December 31, 2022 and 2021, by type of activity and reportable segment (in millions): Three Months Ended December 31, 2022 Biologics Pharma and Consumer Health Total Manufacturing & commercial product supply $ 75 $ 340 $ 415 Development services & clinical supply 505 230 735 Total $ 580 $ 570 $ 1,150 Inter-segment revenue elimination (1) Combined net revenue $ 1,149 Three Months Ended December 31, 2021 Biologics Pharma and Consumer Health Total Manufacturing & commercial product supply $ 169 $ 359 $ 528 Development services & clinical supply 472 218 690 Total $ 641 $ 577 $ 1,218 Inter-segment revenue elimination (1) Combined net revenue $ 1,217 Six Months Ended December 31, 2022 Biologics Pharma and Consumer Health Total Manufacturing & commercial product supply $ 169 $ 632 $ 801 Development services & clinical supply 934 437 1,371 Total $ 1,103 $ 1,069 $ 2,172 Inter-segment revenue elimination (1) Combined net revenue $ 2,171 Six Months Ended December 31, 2021 Biologics Pharma and Consumer Health Total Manufacturing & commercial product supply $ 303 $ 635 $ 938 Development services & clinical supply 886 419 1,305 Total $ 1,189 $ 1,054 $ 2,243 Inter-segment revenue elimination (1) Combined net revenue $ 2,242 The following table allocates revenue by the location where the goods were made or the service performed: Three Months Ended Six Months Ended (Dollars in millions) 2022 2021 2022 2021 United States $ 734 $ 793 $ 1,432 $ 1,423 Europe 356 370 630 722 Other 88 83 169 155 Elimination of revenue attributable to multiple locations (29) (29) (60) (58) Total $ 1,149 $ 1,217 $ 2,171 $ 2,242 Contract Liabilities Contract liabilities relate to cash consideration that the Company receives in advance of satisfying the related performance obligations. The contract liabilities balances (current and non-current) as of December 31, 2022 and June 30, 2022 are as follows: (Dollars in millions) Balance at June 30, 2022 $ 194 Balance at December 31, 2022 $ 186 Revenue recognized in the period from amounts included in contracts liability at the beginning of the period: $ (113) Contract liabilities that will be recognized within 12 months of December 31, 2022 are accounted for in Other accrued liabilities and those that will be recognized longer than 12 months after December 31, 2022 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 customers as of December 31, 2022 relating to the Company's development services but had not yet been invoiced as of December 31, 2022. Contract assets are transferred to trade receivables, net when the Company’s right to receive the consideration becomes unconditional. Contract assets totaled $513 million and $441 million as of December 31, 2022 and June 30, 2022 , respectively. Contract assets expected to transfer to trade receivables within 12 months are accounted for within Prepaid expenses and other. Contract assets expected to transfer to trade receivables longer than 12 months are accounted for within Other long-term assets.

Revenue Recognition (Tables)

Revenue Recognition (Tables) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Net revenue	$ 1,149	$ 1,217	$ 2,171	$ 2,242
Elimination of revenue attributable to multiple locations	(29)	(29)	$ (60)	(58)
Revenue Recognition and Deferred Revenue [Abstract]
Contractual Liabilities			The contract liabilities balances (current and non-current) as of December 31, 2022 and June 30, 2022 are as follows: (Dollars in millions) Balance at June 30, 2022 $ 194 Balance at December 31, 2022 $ 186 Revenue recognized in the period from amounts included in contracts liability at the beginning of the period: $ (113)
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 Six Months Ended (Dollars in millions) 2022 2021 2022 2021 United States $ 734 $ 793 $ 1,432 $ 1,423 Europe 356 370 630 722 Other 88 83 169 155 Elimination of revenue attributable to multiple locations (29) (29) (60) (58) Total $ 1,149 $ 1,217 $ 2,171 $ 2,242
United States
Disaggregation of Revenue [Line Items]
Net revenue	734	793	$ 1,432	1,423
Europe
Disaggregation of Revenue [Line Items]
Net revenue	356	370	630	722
International Other
Disaggregation of Revenue [Line Items]
Net revenue	$ 88	$ 83	$ 169	$ 155
Product and Service[Member]
Disaggregation of Revenue [Line Items]
Disaggregation of Revenue			The following tables reflect net revenue for the three and six months ended December 31, 2022 and 2021, by type of activity and reportable segment (in millions): Three Months Ended December 31, 2022 Biologics Pharma and Consumer Health Total Manufacturing & commercial product supply $ 75 $ 340 $ 415 Development services & clinical supply 505 230 735 Total $ 580 $ 570 $ 1,150 Inter-segment revenue elimination (1) Combined net revenue $ 1,149 Three Months Ended December 31, 2021 Biologics Pharma and Consumer Health Total Manufacturing & commercial product supply $ 169 $ 359 $ 528 Development services & clinical supply 472 218 690 Total $ 641 $ 577 $ 1,218 Inter-segment revenue elimination (1) Combined net revenue $ 1,217 Six Months Ended December 31, 2022 Biologics Pharma and Consumer Health Total Manufacturing & commercial product supply $ 169 $ 632 $ 801 Development services & clinical supply 934 437 1,371 Total $ 1,103 $ 1,069 $ 2,172 Inter-segment revenue elimination (1) Combined net revenue $ 2,171 Six Months Ended December 31, 2021 Biologics Pharma and Consumer Health Total Manufacturing & commercial product supply $ 303 $ 635 $ 938 Development services & clinical supply 886 419 1,305 Total $ 1,189 $ 1,054 $ 2,243 Inter-segment revenue elimination (1) Combined net revenue $ 2,242

Goodwill (Tables)

Goodwill (Tables)	6 Months Ended
	Dec. 31, 2022
Goodwill Disclosure [Abstract]
Goodwill - Rollforward	The following table summarizes the changes between June 30, 2022 and December 31, 2022 in the carrying amount of goodwill in total and by segment: (Dollars in millions) Biologics Pharma and Consumer Health Total Balance at June 30, 2022 (1) $ 1,535 $ 1,471 $ 3,006 Additions (2) — 215 215 Reallocation 16 (16) — Foreign currency translation adjustments 1 (7) (6) Balance at December 31, 2022 $ 1,552 $ 1,663 $ 3,215 (1) As of result of the organizational realignments which were effective July 1, 2022, (described in Note 1, Basis of Presentation and Summary of Significant Accounting Policies ), beginning balances have been reclassified to conform with the current period presentation. (2) The addition to goodwill is a result of the Metrics acquisition. For further details, see Note 3, Business Combinations. As part of the business reorganization discussed in Note 1, Basis of Presentation and Summary of Significant Accounting Policies , the goodwill from the previous Biologics, Softgel and Oral Technologies, Oral and Specialty Delivery, and Clinical Supply Services segments was reallocated between the current Biologics and Pharma and Consumer Health segments.

Long-Term Obligations and Oth_2

Long-Term Obligations and Other Short-Term Borrowings (Tables)	3 Months Ended	6 Months Ended
	Dec. 31, 2022	Dec. 31, 2022
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 December 31, 2022 and June 30, 2022: (Dollars in millions) Maturity December 31, 2022 June 30, 2022 Senior secured credit facilities Term loan facility B-3 (6.375% as of December 31) February 2028 $ 1,426 $ 1,433 Revolving credit facility (1) (6.032% as of December 31) November 2027 600 — 5.000% senior notes due 2027 July 2027 500 500 2.375% euro senior notes due 2028 (2) March 2028 879 874 3.125% senior notes due 2029 February 2029 550 550 3.500% senior notes due 2030 April 2030 650 650 Financing lease obligations 2022 to 2038 289 234 Other obligations 2022 to 2028 2 2 Unamortized discount and debt issuance costs (43) (41) Total debt $ 4,853 $ 4,202 Less: current portion of long-term obligations and other short-term borrowings (1) 632 31 Long-term obligations, less current portion $ 4,221 $ 4,171 (1) During the six months ended December 31, 2022, the Company drew down $625 million on its revolving credit facility to fund the acquisition of Metrics and supplement operating cash flows, of which $25 million was repaid during three months ended December 31, 2022. The Company has elected to classify the borrowing on its revolving credit facility as current as it intends to repay a portion of the borrowing using cash flow from operations and/or refinance the borrowing through a senior notes offering within the next twelve months. (2) The change in euro-denominated debt was due to 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 December 31, and June 30, 2022 are as follows: December 31, 2022 June 30, 2022 (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 $ 483 $ 500 $ 483 2.375% Euro senior notes due 2028 Level 2 879 755 874 744 3.125% senior notes due 2029 Level 2 550 469 550 476 3.500% senior notes due 2030 Level 2 650 551 650 561 Senior secured credit facilities & other Level 2 2,317 2,111 1,669 1,575 Subtotal $ 4,896 $ 4,369 $ 4,243 $ 3,839 Unamortized discount and debt issuance costs (43) — (41) — Total debt $ 4,853 $ 4,369 $ 4,202 $ 3,839

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Dec. 31, 2022
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 six months ended December 31, 2022 and 2021, respectively, are as follows: Three Months Ended Six Months Ended (In millions except per share data) 2022 2021 2022 2021 Net earnings $ 81 $ 97 $ 81 $ 190 Less: Net earnings attributable to preferred shareholders — (4) — (13) Net earnings attributable to common shareholders $ 81 $ 93 $ 81 $ 177 Weighted average shares outstanding - basic 181 175 180 173 Weighted average dilutive securities issuable - stock plans — 2 1 2 Weighted average shares outstanding - diluted 181 177 181 175 Earnings per share: Basic $ 0.45 $ 0.53 $ 0.45 $ 1.02 Diluted $ 0.44 $ 0.52 $ 0.45 $ 1.01
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	antidilutive effect on the weighted average shares outstanding for the three and six months ended December 31, 2022 and 2021 were not material.

Other Income and Expense (Table

Other Income and Expense (Tables)	6 Months Ended
	Dec. 31, 2022
Other Income and Expenses [Abstract]
Schedule of Other Nonoperating Income (Expense)	The components of other expense, net for the three and six months ended December 31, 2022 and 2021 are as follows: Three Months Ended Six Months Ended (Dollars in millions) 2022 2021 2022 2021 Debt financing costs (1) $ — $ — $ — $ 4 Foreign currency (gains) losses (2) (25) 15 (1) 24 Other (3) 2 (1) 3 (5) Total other (income) expense, net $ (23) $ 14 $ 2 $ 23 (1) Debt financing costs for the six months ended December 31, 2021 includes $4 million of financing charges related to $450 million of U.S. dollar-denominated term loans borrowed in that period under the Company’s senior secured credit facilities. (2) Foreign currency remeasurement gains/losses include both cash and non-cash transactions.

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities Net Investment Hedge Activity (Tables)	6 Months Ended
	Dec. 31, 2022
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 summarizes net investment hedge activity during the three and six months ended December 31, 2022 and 2021. Three Months Ended Six Months Ended (Dollars in millions) 2022 2021 2022 2021 Unrealized foreign exchange gain (loss) within other comprehensive income $ (85) $ 40 $ (4) $ 62 Unrealized foreign exchange gain (loss) within statement of operations $ — $ (8) $ — $ (11)
Schedule of Interest Rate Derivatives	A summary of the estimated fair value of the 2021 Rate Swap reported in the consolidated balance sheets is stated in the table below: December 31, 2022 June 30, 2022 (Dollars in millions) Balance Sheet Classification Estimated Fair Value Balance Sheet Classification Estimated Fair Value Interest-rate swap Other long-term assets $ 54 Other long-term assets $ 36

Fair Value Measures and Discl_2

Fair Value Measures and Disclosures (Tables)	6 Months Ended
	Dec. 31, 2022
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 December 31, and June 30, 2022: (Dollars in millions) Basis of Fair Value Measurement December 31, 2022 Total Level 1 Level 2 Level 3 Assets: Marketable securities $ 28 $ 28 $ — $ — Interest-rate swap 54 — 54 — Trading securities 1 1 — — June 30, 2022 Assets: Marketable securities $ 89 $ 89 $ — $ — Interest-rate swap 36 — 36 — Trading securities 2 2 — —

Employee Retirement Benefit P_2

Employee Retirement Benefit Plans (Tables)	6 Months Ended
	Dec. 31, 2022
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 Six Months Ended (Dollars in millions) 2022 2021 2022 2021 Components of net periodic benefit cost: Selling, general, and administrative expenses: Service cost $ 1 $ 1 $ 2 $ 2 Other expense, net: Interest cost 2 1 4 2 Expected return on plan assets (2) (3) (4) (5) Amortization (1) — 1 — 2 Net amount recognized $ 1 $ — $ 2 $ 1 (1) Amount represents the amortization of unrecognized actuarial losses.

Equity and Accumulated Other _2

Equity and Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Dec. 31, 2022
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 and six months ended December 31, 2022 and 2021 are presented below. Three Months Ended Six Months Ended (Dollars in millions) 2022 2021 2022 2021 Foreign currency translation adjustments: Net investment hedge $ (85) $ 40 $ (4) $ 62 Long-term intercompany loans 31 (4) (10) (7) Translation adjustments 155 (45) (5) (73) Total foreign currency translation adjustment, pretax 101 (9) (19) (18) Tax (benefit) expense (17) 9 (2) 14 Total foreign currency translation adjustment, net of tax $ 118 $ (18) $ (17) $ (32) Net change in derivatives and hedges: Net gain recognized during the period $ — $ 4 $ 18 $ 5 Total derivatives and hedges, pretax — 4 18 5 Tax expense — 1 4 1 Net change in derivatives and hedges, net of tax $ — $ 3 $ 14 $ 4 Net change in minimum pension liability: Net gain recognized during the period $ — $ — $ — $ 1 Total pension liability, pretax — — — 1 Tax benefit — — — — Net change in minimum pension liability, net of tax $ — $ — $ — $ 1 Net change in marketable securities: Net gain (loss) recognized during the period $ 1 $ (1) $ 1 $ (1) Amounts reclassified from accumulated other 1 — 2 — Net change in marketable securities, pretax 2 (1) 3 (1) Tax expense 1 $ — 1 $ — Net change in marketable securities, net of tax $ 1 $ (1) $ 2 $ (1)
Schedule of Accumulated Other Comprehensive Income (Loss)	For the three months ended December 31, 2022 and 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 September 30, 2022 $ (513) $ (38) $ 41 $ (3) $ (1) $ (514) Other comprehensive income before 118 — — — — 118 Amounts reclassified from accumulated other — — — 1 — 1 Net current period other comprehensive income 118 — — 1 — 119 Balance at December 31, 2022 $ (395) $ (38) $ 41 $ (2) $ (1) $ (395) (Dollars in millions) Foreign Exchange Translation Adjustments Pension and Liability Adjustments Derivatives and Hedges Marketable Securities Other Total Balance at September 30, 2021 $ (282) $ (46) $ 1 $ (1) $ (1) $ (329) Other comprehensive (loss) income before (18) — 3 (1) — (16) Amounts reclassified from accumulated other — — — — — — Net current period other comprehensive (loss) income (18) — 3 (1) — (16) Balance at December 31, 2021 $ (300) $ (46) $ 4 $ (2) $ (1) $ (345) For the six months ended December 31, 2022 and 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, 2022 $ (378) $ (38) $ 27 $ (4) $ (1) $ (394) Other comprehensive (loss) income before (17) — 14 — — (3) Amounts reclassified from accumulated other — — — 2 — 2 Net current period other comprehensive (loss) income (17) — 14 2 — (1) Balance at December 31, 2022 $ (395) $ (38) $ 41 $ (2) $ (1) $ (395)

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Reconciliation of Earnings/(Loss) from Continuing Operations to EBITDA	(Dollars in millions) Three Months Ended Six Months Ended 2022 2021 2022 2021 Segment EBITDA reconciled to net earnings: Biologics $ 181 $ 199 $ 294 $ 366 Pharma and Consumer Health 135 147 243 246 Sub-Total $ 316 $ 346 $ 537 $ 612 Reconciling items to net earnings Unallocated costs (1) (52) (101) (139) (157) Depreciation and amortization (103) (98) (202) (179) Interest expense, net (47) (32) (79) (58) Income tax expense (33) (18) (36) (28) Net earnings $ 81 $ 97 $ 81 $ 190 (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 December 31, Six Months Ended 2022 2021 2022 2021 Impairment charges and gain/loss on sale of assets (a) $ (1) $ (16) $ 1 $ (19) Stock-based compensation (10) (11) (29) (32) Restructuring and other special items (b) (33) (23) (42) (31) Gain on sale of subsidiary (c) — — — 1 Other income (expense), net (d) 23 (14) (2) (23) Unallocated corporate costs, net (31) (37) (67) (53) Total unallocated costs $ (52) $ (101) $ (139) $ (157) (a) Impairment charges and gain/loss on sale of assets during the three and six months ended December 31, 2021 include fixed asset impairment charges associated with a product in the Pharma and Consumer Health segment. (b) Restructuring and other special items during the three months ended December 31, 2022 include (i) restructuring charges associated with our plans to reduce costs, consolidate facilities, and optimize our infrastructure across the organization and (ii) transaction and integration costs associated with our Metrics acquisition. Restructuring and other special items for the six months ended December 31, 2022 also includes warehouse exit costs for a product the Company no longer manufactures in its Pharma and Consumer Health segment. For further details on restructuring charges, see Note 8, Restructuring Costs . Restructuring and other special items during the three months ended December 31, 2021 include (a) transaction and integration costs primarily associated with the Bettera Wellness acquisition and (b) restructuring costs associated with the closure of the previously owned Bolton facility. Restructuring and other special items during the six months ended December 31, 2021 include (c) transaction and integration costs associated with the Delphi Genetics SA, Hepatic Cell Therapy Support SA, RheinCell Therapeutics GmbH, and Bettera Wellness acquisitions. (c) Gain on sale of subsidiary for the six months ended December 31, 2021 was due to the sale of the Company's facility in Woodstock, Illinois and the associated business. (d) Other income (expense), net during the three and six months ended December 31, 2022 and 2021 primarily includes foreign currency remeasurement losses/gains.
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) December 31, June 30, Assets: Biologics $ 5,902 $ 5,770 Pharma and Consumer Health 4,992 4,355 Corporate and eliminations 253 382 Total assets $ 11,147 $ 10,507

Supplemental Balance Sheet In_2

Supplemental Balance Sheet Information (Tables)	6 Months Ended
	Dec. 31, 2022
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) December 31, June 30, Raw materials and supplies $ 803 $ 651 Work-in-process 144 109 Total inventories, gross 947 760 Inventory cost adjustment (1) (129) (58) Total inventories $ 818 $ 702
Prepaid and Other Assets	Prepaid expenses and other Prepaid expenses and other consist of the following: (Dollars in millions) December 31, June 30, Prepaid expenses $ 67 $ 61 Short-term contract assets 497 398 Spare parts supplies 23 22 Prepaid income tax 31 26 Non-U.S. value-added tax 37 48 Other current assets 59 70 Total prepaid expenses and other $ 714 $ 625
Other Accrued Liabilities	Other accrued liabilities Other accrued liabilities consist of the following: (Dollars in millions) December 31, June 30, Contract liabilities $ 175 $ 185 Accrued employee-related expenses 143 198 Accrued expenses 123 140 Operating lease liabilities 12 14 Restructuring accrual 7 1 Accrued interest 33 32 Accrued income tax 34 50 Total other accrued liabilities $ 527 $ 620

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies Research and Development Expense (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Research and Development Expense [Abstract]
Research and Development Costs			Research and Development Costs The Company expenses research and development costs as incurred. Research and development costs amounted to $4 million and $6 million for the three months ended December 31, 2022 and 2021, respectively. Research and development costs amounted to $9 million and $12 million for the six months ended December 31, 2022 and 2021, respectively.
Research and Development Expense	$ 4	$ 6	$ 9	$ 12

Basis of Presentation and Sum_4

Basis of Presentation and Summary of Significant Accounting Polices Depreciation (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Depreciation, Depletion and Amortization [Abstract]
Depreciation, Depletion, and Amortization			Depreciation Depreciation expense was $69 million and $64 million for the three months ended December 31, 2022 and 2021, respectively. Depreciation expense was $135 million and $122 million for the six months ended December 31, 2022 and 2021, respectively. Depreciation expense includes amortization of assets related to finance leases. The Company charges repairs and maintenance costs to expense as incurred. Amortization Amortization expense related to other intangible assets was $34 million and $34 million for the three months ended December 31, 2022 and 2021, respectively. Amortization expense related to other intangible assets was $67 million and $57 million for the six months ended December 31, 2022 and 2021, respectively.
Depreciation Cost	$ 69	$ 64	$ 135	$ 122

Revenue Recognition Disaggregat

Revenue Recognition Disaggregation of Revenue by type of activity and reporting segment (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Inter-segment revenue elimination	$ (1)	$ (1)	$ (1)	$ (1)
Net revenue	1,149	1,217	2,171	2,242
Biologics
Disaggregation of Revenue [Line Items]
Net revenue	580	641	1,103	1,189
Biologics | Manufacturing & Commercial Product Supply
Disaggregation of Revenue [Line Items]
Net revenue	75	169	169	303
Biologics | Development Services
Disaggregation of Revenue [Line Items]
Net revenue	505	472	934	886
PharmaConsumerHealth
Disaggregation of Revenue [Line Items]
Net revenue	570	577	1,069	1,054
PharmaConsumerHealth | Manufacturing & Commercial Product Supply
Disaggregation of Revenue [Line Items]
Net revenue	340	359	632	635
PharmaConsumerHealth | Development Services
Disaggregation of Revenue [Line Items]
Net revenue	230	218	437	419
Total Catalent before inter-segment revenue elimination
Disaggregation of Revenue [Line Items]
Net revenue	1,150	1,218	2,172	2,243
Total Catalent before inter-segment revenue elimination | Manufacturing & Commercial Product Supply
Disaggregation of Revenue [Line Items]
Net revenue	415	528	801	938
Total Catalent before inter-segment revenue elimination | Development Services
Disaggregation of Revenue [Line Items]
Net revenue	$ 735	$ 690	$ 1,371	$ 1,305

Revenue Recognition Disaggreg_2

Revenue Recognition Disaggregation of Revenue by Geography (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Elimination of revenue attributable to multiple locations	$ (29)	$ (29)	$ (60)	$ (58)
Net revenue	1,149	1,217	2,171	2,242
United States
Disaggregation of Revenue [Line Items]
Net revenue	734	793	1,432	1,423
Europe
Disaggregation of Revenue [Line Items]
Net revenue	356	370	630	722
International Other
Disaggregation of Revenue [Line Items]
Net revenue	$ 88	$ 83	$ 169	$ 155

Revenue Recognition Contractual

Revenue Recognition Contractual Liabilities (Details) - USD ($) $ in Millions	6 Months Ended
	Dec. 31, 2022	Jun. 30, 2022
Revenue Recognition and Deferred Revenue [Abstract]
Contract with Customer, Liability	$ 186	$ 194
Contract with Customer, Liability, Revenue Recognized	$ (113)

Revenue Recognition Contractu_2

Revenue Recognition Contractual Assets (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Jun. 30, 2022
Text Block [Abstract]
Contract with Customer, Asset, Purchase	$ 513	$ 441

Business Combinations Acquisiti

Business Combinations Acquisition Purchase Agreement (Details) - USD ($) $ in Millions	6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired	$ 474	$ 1,020

Business Combinations Net Asset

Business Combinations Net Assets Acquired (Details) - USD ($) $ in Millions		6 Months Ended
	Oct. 01, 2022	Dec. 31, 2022	Dec. 31, 2021
Net Assets Acquired from Business Combinations
Payments to Acquire Businesses, Net of Cash Acquired		$ 474	$ 1,020
Goodwill, Acquired During Period		215
Payments to Acquire Businesses, Net of Cash Acquired		$ 474	$ 1,020
Metrics
Net Assets Acquired from Business Combinations
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	$ 192
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	53
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	2
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables	15
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	474
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory	6
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	9
Business Combination, Consideration Transferred	474
Goodwill, Acquired During Period	215
Metrics | Customer Relationships [Member]
Net Assets Acquired from Business Combinations
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	$ 53

Business Combinations, Divestit

Business Combinations, Divestitures (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Business Acquisition, Contingent Consideration [Line Items]
Payments for (Proceeds from) Businesses and Interest in Affiliates	[1]	$ 0	$ 0	$ 0	$ 1
Goodwill, Acquired During Period				$ 215
[1]Gain on sale of subsidiary for the six months ended December 31, 2021

Goodwill - Rollforward (Detail)

Goodwill - Rollforward (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Roll Forward]
Beginning balance			$ 3,006
Goodwill, Acquired During Period			215
Goodwill, Transfers			0
Foreign currency translation adjustments			(6)
Ending balance	$ 3,215		3,215
Net revenue	1,149	$ 1,217	2,171	$ 2,242
Biologics
Goodwill [Roll Forward]
Beginning balance			1,535
Goodwill, Acquired During Period			0
Goodwill, Transfers			16
Foreign currency translation adjustments			1
Ending balance	1,552		1,552
Net revenue	580	641	1,103	1,189
Biologics | Manufacturing & Commercial Product Supply
Goodwill [Roll Forward]
Net revenue	75	169	169	303
Biologics | Development Services
Goodwill [Roll Forward]
Net revenue	505	472	934	886
PharmaConsumerHealth
Goodwill [Roll Forward]
Beginning balance			1,471
Goodwill, Acquired During Period			215
Goodwill, Transfers			(16)
Foreign currency translation adjustments			(7)
Ending balance	1,663		1,663
Net revenue	570	577	1,069	1,054
PharmaConsumerHealth | Manufacturing & Commercial Product Supply
Goodwill [Roll Forward]
Net revenue	340	359	632	635
PharmaConsumerHealth | Development Services
Goodwill [Roll Forward]
Net revenue	230	218	437	419
Total Catalent before inter-segment revenue elimination
Goodwill [Roll Forward]
Net revenue	1,150	1,218	2,172	2,243
Total Catalent before inter-segment revenue elimination | Manufacturing & Commercial Product Supply
Goodwill [Roll Forward]
Net revenue	415	528	801	938
Total Catalent before inter-segment revenue elimination | Development Services
Goodwill [Roll Forward]
Net revenue	$ 735	$ 690	$ 1,371	$ 1,305

Other Intangibles, Net (Detail)

Other Intangibles, Net (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Intangible Assets Disclosure [Abstract]
Amortization expense	$ 34	$ 34	$ 67	$ 57

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		3 Months Ended
		Dec. 31, 2022	Jun. 30, 2022
Schedule Of Debt [Line Items]
Total long-term debt		$ 4,853	$ 4,202
Debt, Current		632	31
Long-term obligations, less current portion		4,221	4,171
Line of Credit, Current		625
Debt Instrument, Unused Borrowing Capacity, Amount		496
Letters of Credit Outstanding, Amount		4
Repayments of Lines of Credit		25
Term loan facility B-3 U.S. dollar-denominated
Schedule Of Debt [Line Items]
Total long-term debt		1,426	1,433
Revolving Credit Facility - Two
Schedule Of Debt [Line Items]
Total long-term debt		600	0
Capital lease obligations
Schedule Of Debt [Line Items]
Total long-term debt		289	234
Other obligations
Schedule Of Debt [Line Items]
Total long-term debt		2	2
Estimate of Fair Value Measurement [Member]
Schedule Of Debt [Line Items]
Total long-term debt		4,369	3,839
Debt Instrument, Fair Value Disclosure		4,369	3,839
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		4,853	4,202
Debt Instrument, Fair Value Disclosure		4,896	4,243
Carrying Value [Member] | Debt Issuance Costs
Schedule Of Debt [Line Items]
Total long-term debt		43	41
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		483	483
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		755	744
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		469	476
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		551	561
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]	879	874
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	$ 650
[1]The change in euro-denominated debt was due to 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	Dec. 31, 2022	Jun. 30, 2022
Debt Instrument [Line Items]
Total long-term debt	$ 4,853	$ 4,202
Term loan facility B-3 U.S. dollar-denominated
Debt Instrument [Line Items]
Total long-term debt	$ 1,426	$ 1,433

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		Dec. 31, 2022	Jun. 30, 2022
Estimate of Fair Value Measurement [Member]
Fair Value Measurements Of Financial Instruments [Line Items]
Debt Instrument, Fair Value Disclosure		$ 4,369	$ 3,839
Carrying Value [Member]
Fair Value Measurements Of Financial Instruments [Line Items]
Debt Instrument, Fair Value Disclosure		4,896	4,243
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		483	483
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		755	744
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]	879	874
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		469	476
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		2,111	1,575
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		$ 2,317	$ 1,669
[1]The change in euro-denominated debt was due to 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. 18, 2021	Nov. 23, 2020	Dec. 31, 2022	Jun. 30, 2022
Earnings Per Share [Abstract]
Conversion of Stock, Shares Converted	384,777	265,223
Dividends, Preferred Stock, Stock	$ 2	$ 2
Common Stock, Par or Stated Value Per Share			$ 0.01	$ 0.01

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Earnings Per Share [Abstract]
Net earnings/(loss)	$ 81	$ 97	$ 81	$ 190
Participating Securities, Distributed and Undistributed Earnings (Loss), Basic	0	4	0	13
Net Income (Loss) Available to Common Stockholders, Basic	$ 81	$ 93	$ 81	$ 177
Weighted Average Number of Shares Outstanding, Basic	181	175	180	173
Dilutive securities issuable-stock plans	0	2	1	2
Total weighted average diluted shares outstanding	181	177	181	175
Earnings Per Share, Basic	$ 0.45	$ 0.53	$ 0.45	$ 1.02
Earnings Per Share, Diluted	$ 0.44	$ 0.52	$ 0.45	$ 1.01

Other Income and Expense (Detai

Other Income and Expense (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Other Income and Expenses [Abstract]
Debt refinancing costs	[1]	—	—	—	4
Foreign Currency (gains) and losses	[2]	$ (25)	$ 15	$ (1)	$ 24
Other	[3]	2	(1)	3	(5)
Other (income)/expense, net	[4]	(23)	$ 14	2	23
Gain (Loss) on Extinguishment of Debt				4
Term Loan Facility Incremental Dollar Term B-3		$ 450
Derivative, Gain (Loss) on Derivative, Net				$ 0	$ 2
[1]Debt financing costs for the six months ended December 31, 2021 includes $4 million of financing charges related to $450 million of U.S. dollar-denominated term loans borrowed in that period under the Company’s senior secured credit facilities.[2]Foreign currency remeasurement gains/losses include both cash and non-cash transactions.[3]Other, for the six months ended December 31, 2021, includes a gain of $2 million related to the fair value of the derivative liability associated with the formerly outstanding Series A Preferred Stock.[4]Other income (expense), net during the three and six months ended December 31, 2022 and 2021 primarily includes foreign currency remeasurement losses/gains.

Restructuring and Other Costs (

Restructuring and Other Costs (Details) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2022 USD ($) employees	Dec. 31, 2021 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Restructuring and Related Activities [Abstract]
Severance Costs	$ 12	$ 1	$ 14	$ 2
Business Exit Costs	11		13
Restructuring and other	23	1	27	2
Restructuring and Related Cost [Abstract]
Restructuring and other	23	1	27	2
Biologics
Restructuring and Related Activities [Abstract]
Restructuring and other	18		18
Restructuring and Related Cost [Abstract]
Restructuring and other	18		18
PharmaConsumerHealth
Restructuring and Related Activities [Abstract]
Restructuring and other	1	1	4	2
Restructuring and Related Cost [Abstract]
Restructuring and other	1	$ 1	4	$ 2
Corporate and Eliminations [Member]
Restructuring and Related Activities [Abstract]
Restructuring and other	4		5
Restructuring and Related Cost [Abstract]
Restructuring and other	4		5
Minimum [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	$ 14		14
Restructuring and Related Cost [Abstract]
Restructuring and Related Cost, Number of Positions Eliminated | employees	670
Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	$ 20		$ 20
Restructuring and Related Cost [Abstract]
Restructuring and Related Cost, Number of Positions Eliminated | employees	730

Restructuring and Other Costs I

Restructuring and Other Costs Individual Site (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring and other	$ 23	$ 1	$ 27	$ 2
Minimum [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	14		14
Maximum [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	$ 20		$ 20

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Jun. 30, 2022
Derivative [Line Items]
Total long-term debt	$ 4,853		$ 4,853		$ 4,202
Unrealized foreign exchange gain/(loss) within other comprehensive income	(85)	$ 40	(4)	$ 62
Unrealized foreign exchange gain/(loss) within statement of operations	0	$ (8)	0	(11)
Net accumulated gain related to investment hedges			123
Derivative, Gain (Loss) on Derivative, Net			0	$ 2
Cash Paid to Settle, Interest Rate Swap Agreement	2		2
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax	18
Interest Rate Cash Flow Hedge Liability at Fair Value					36
Carrying Value [Member]
Derivative [Line Items]
Total long-term debt	4,853		4,853		4,202
Debt Instrument, Fair Value Disclosure	4,896		4,896		4,243
Euro Denominated Debt Outstanding [Member]
Derivative [Line Items]
Total long-term debt	879		879
U.S. Denominated Term Loan [Member]
Derivative [Line Items]
Total Debt, U.S Denominated Term Loan	$ 500		$ 500
Debt Instrument, Interest Rate, Effective Percentage	0.9985%		0.9985%
3.500% Senior US Denominated Notes | Fair Value, Inputs, Level 2 [Member] | Carrying Value [Member]
Derivative [Line Items]
Debt Instrument, Fair Value Disclosure	$ 650		$ 650		$ 650

Fair value measurement recurrin

Fair value measurement recurring basis (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Marketable Securities		$ 28		$ 28		$ 89
Trading Securities at Fair Value		1		1		2
Interest Rate Cash Flow Hedge Asset at Fair Value		54		54		36
Interest Rate Cash Flow Hedge Liability at Fair Value						36
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Marketable Securities		28		28		89
Trading Securities at Fair Value		1		1		2
Interest Rate Cash Flow Hedge Asset at Fair Value		54		54		36
Interest Rate Cash Flow Hedge Liability at Fair Value						36
Payments for (Proceeds from) Businesses and Interest in Affiliates	[1]	0	$ 0	0	$ 1
Derivative, Gain (Loss) on Derivative, Net				0	$ 2
Fair Value, Inputs, Level 1 [Member]
Fair Value Disclosures [Abstract]
Marketable Securities		28		28		89
Trading Securities at Fair Value		1		1		2
Interest Rate Cash Flow Hedge Asset at Fair Value		0		0		0
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Marketable Securities		28		28		89
Trading Securities at Fair Value		1		1		2
Interest Rate Cash Flow Hedge Asset at Fair Value		0		0		0
Fair Value, Inputs, Level 2 [Member]
Fair Value Disclosures [Abstract]
Marketable Securities		0		0		0
Trading Securities at Fair Value		0		0		0
Interest Rate Cash Flow Hedge Asset at Fair Value		54		54		36
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Marketable Securities		0		0		0
Trading Securities at Fair Value		0		0		0
Interest Rate Cash Flow Hedge Asset at Fair Value		54		54		36
Fair Value, Inputs, Level 3 [Member]
Fair Value Disclosures [Abstract]
Marketable Securities		0		0		0
Trading Securities at Fair Value		0		0		0
Interest Rate Cash Flow Hedge Asset at Fair Value		0		0		0
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Marketable Securities		0		0		0
Trading Securities at Fair Value		0		0		0
Interest Rate Cash Flow Hedge Asset at Fair Value		$ 0		$ 0		$ 0
[1]Gain on sale of subsidiary for the six months ended December 31, 2021

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Unrecognized Tax Benefits, Including Income Tax Penalties and Interest Accrued	$ 4		$ 4		$ 5
Income tax expense(benefit)	33	$ 18	36	$ 28
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$ 114	$ 115	$ 117	$ 218

Employee Retirement Benefit P_3

Employee Retirement Benefit Plans - Components of Company's Net Periodic Benefit Costs (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Components of net periodic benefit cost:
Service cost		$ 1	$ 1	$ 2	$ 2
Interest cost		2	1	4	2
Expected return on plan assets		(2)	(3)	(4)	(5)
Amortization	[1]	0	1	0	2
Net amount recognized		1	0	2	1
Estimated discounted value of future employer contributions		38		38
Estimated annual cash contribution		$ 2	$ 2	$ 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 ($) $ / shares in Units, $ in Millions			3 Months Ended	6 Months Ended
	Nov. 18, 2021	Nov. 23, 2020	Dec. 31, 2021	Dec. 31, 2021	Dec. 31, 2022	Jun. 30, 2022
Equity [Abstract]
Common Stock, Shares Authorized					1,000,000,000	1,000,000,000
Preferred Stock, Shares Authorized					100,000,000	100,000,000
Conversion of Stock, Shares Converted	384,777	265,223
Dividends, Preferred Stock, Stock	$ 2	$ 2
Preferred Stock, Shares Outstanding					0	0
Stock Issued During Period, Value, Conversion of Convertible Securities			$ (362)	$ (362)
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	$ 0.01
Preferred Stock, Shares Issued					0	0

Equity and Accumulated Other _4

Equity and Accumulated Other Comprehensive Income (Loss) - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Foreign currency translation adjustments:
Net investment hedge	$ (85)	$ 40	$ (4)	$ 62
Long-term intercompany loans	31	(4)	(10)	(7)
Translation adjustments	155	(45)	(5)	(73)
Total foreign currency translation adjustment, pretax	101	(9)	(19)	(18)
Tax expense/(benefit)	(17)	9	(2)	14
Total foreign currency translation adjustment, net of tax	118	(18)	(17)	(32)
Net change in derivatives and hedges
Net loss recognized during the period	0	4	18	5
Total derivatives and hedges, pretax	0	4	18	5
Tax expense/(benefit)	0	1	4	1
Net change in derivatives and hedges, net of tax	0	3	14	4
Net change in minimum pension liability
Net gain/(loss) recognized during the period	0	0	0	1
Total pension liability, pretax	0	0	0	1
Tax expense/(benefit)	0	0	0	0
Pension and other post-retirement adjustments	0	0	0	1
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax, Portion Attributable to Parent [Abstract]
Available-for-sale Securities, Gross Realized Losses	1	(1)	1	(1)
Total available for sale investment, pretax	2	(1)	3	(1)
Tax expense/(benefit)		1	1	0
Available for sale investments	1	(1)	2	(1)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other comprehensive income/(loss) before reclassifications	$ 118	$ (16)	$ (3)	$ (29)

Equity and Accumulated Other _5

Equity and Accumulated Other Comprehensive Income (Loss) - Rollforward (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2022	Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance	$ (514)	$ (329)		$ (394)	$ (317)
Other comprehensive income/(loss) before reclassifications	118	(16)		(3)	(29)
Amounts reclassified from accumulated other comprehensive income/(loss)	1			2	1
Total foreign currency translation adjustment, net of tax	118	(18)		(17)	(32)
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	0	0		0	1
Net change in derivatives and hedges, net of tax	0	3		14	4
Other Comprehensive Income, Other, Net of Tax	119	(16)		(1)	(28)
Available for sale investments	1	(1)		2	(1)
Other comprehensive income/(loss), net of tax	119	(16)		(1)	(28)
Ending Balance	(395)	(345)		(395)	(345)
Accumulated Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance	(513)	(282)		(378)	(268)
Other comprehensive income/(loss) before reclassifications	118	(18)		(17)	(32)
Amounts reclassified from accumulated other comprehensive income/(loss)	0
Total foreign currency translation adjustment, net of tax		(18)		(17)	(32)
Ending Balance	(395)	(300)		(395)	(300)
Accumulated Defined Benefit Plans Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance	(38)	(46)		(38)	(47)
Other comprehensive income/(loss) before reclassifications	0
Amounts reclassified from accumulated other comprehensive income/(loss)	0				1
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	0			0	1
Ending Balance	(38)	(46)		(38)	(46)
AOCI, Derivative Qualifying as Hedge, Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance	41	1		27
Other comprehensive income/(loss) before reclassifications	0	3		14	4
Amounts reclassified from accumulated other comprehensive income/(loss)	0
Ending Balance	41	4		41	4
ACOI, Accumulated Gain (Loss), Marketable Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance	(3)	(1)		(4)	(1)
Other comprehensive income/(loss) before reclassifications	0	(1)	$ 0		(1)
Amounts reclassified from accumulated other comprehensive income/(loss)	1			2
Net change in derivatives and hedges, net of tax	0	3		14	4
Available for sale investments		(1)		2	(1)
Ending Balance	(2)	(2)		(2)	(2)
Available-for-sale Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance	(1)	(1)		(1)	(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)	$ (1)		$ (1)	$ (1)

Segment Information - Net Reven

Segment Information - Net Revenue and Segment Ebitda (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting, Revenue & EBITDA Reconciling Item [Line Items]
Net revenue		$ 1,149	$ 1,217	$ 2,171	$ 2,242
Inter-segment revenue elimination		(1)	(1)	(1)	(1)
Segment Reporting Information Unallocated Expense	[1]	(52)	(101)	(139)	(157)
Biologics
Segment Reporting, Revenue & EBITDA Reconciling Item [Line Items]
Net revenue		580	641	1,103	1,189
Segment EBITDA		181	199	294	366
PharmaConsumerHealth
Segment Reporting, Revenue & EBITDA Reconciling Item [Line Items]
Net revenue		570	577	1,069	1,054
Segment EBITDA		135	147	243	246
Total Catalent sub-total of Segment Reporting [Member]
Segment Reporting, Revenue & EBITDA Reconciling Item [Line Items]
Segment EBITDA		$ 316	$ 346	$ 537	$ 612
[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		6 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Unallocated costs [Abstract]
Impairment Charges And Gain Loss On Sale Of Assets		$ 1	$ 16	$ (1)	$ 19
Stock-based compensation		10	11	29	32
Restructuring And Other Special Items	[1]	33	23	42	31
Payments for (Proceeds from) Businesses and Interest in Affiliates	[2]	0	0	0	1
Other (income)/expense, net	[3]	23	(14)	(2)	(23)
Non Allocated Corporate Costs Net		31	37	67	53
Segment Reporting Information Unallocated Expense	[4]	$ 52	$ 101	$ 139	$ 157
[1]Restructuring and other special items during the three months ended December 31, 2022 include (i) restructuring charges associated with our plans to reduce costs, consolidate facilities, and optimize our infrastructure across the organization and (ii) transaction and integration costs associated with our Metrics acquisition. Restructuring and other special items for the six months ended December 31, 2022 also includes warehouse exit costs for a product the Company no longer manufactures in its Pharma and Consumer Health segment. For further details on restructuring charges, see Note 8, Restructuring Costs .

Segment Information - Reconcili

Segment Information - Reconciliation of Earnings / (Loss) from Continuing Operations to Ebitda (Detail) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting [Abstract]
Segment Reporting Information Unallocated Expense	[1]	$ 52	$ 101	$ 139	$ 157
Depreciation and amortization		103	98	202	179
Interest expense, net		47	32	79	58
Income tax expense(benefit)		33	18	36	28
Earnings/(loss) from continuing operations		$ 81	$ 97	$ 81	$ 190
[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		6 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Jun. 30, 2022
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		$ 11,147		$ 11,147		$ 10,507
Payments for (Proceeds from) Businesses and Interest in Affiliates	[1]	0	$ 0	0	$ 1
Biologics
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		5,902		5,902		5,770
PharmaConsumerHealth
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		4,992		4,992		4,355
Corporate and Eliminations [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		$ 253		$ 253		$ 382
[1]Gain on sale of subsidiary for the six months ended December 31, 2021

Supplemental Balance Sheet In_3

Supplemental Balance Sheet Information - Inventory (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Jun. 30, 2022
Inventory, Net [Abstract]
Raw materials and supplies	$ 803	$ 651
Work-in-process	144	109
Total inventories, gross	947	760
Inventory cost adjustment	(129)	(58)
Inventories	$ 818	$ 702

Supplemental Balance Sheet In_4

Supplemental Balance Sheet Information - Prepaid and Other Assets (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Jun. 30, 2022
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid expenses	$ 67	$ 61
Contract with Customer, Asset, Net, Current	497	398
Spare parts supplies	23	22
Prepaid income tax	31	26
Non-U.S. value added tax	37	48
Other current assets	59	70
Prepaid expenses and other	$ 714	$ 625

Supplemental Balance Sheet In_5

Supplemental Balance Sheet Information - Other Accrued Liabilities (Detail) - USD ($) $ in Millions	Dec. 31, 2022	Jun. 30, 2022
Balance Sheet Related Disclosures [Abstract]
Accrued employee-related expenses	$ 143	$ 198
Accrued Operating Lease, Liabilities	12	14
Restructuring accrual	7	1
Accrued interest	33	32
Contract liability	175	185
Accrued income tax	34	50
Other accrued liabilities and expenses	123	140
Other accrued liabilities	$ 527	$ 620

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Millions		3 Months Ended			6 Months Ended
	Oct. 01, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2022	Dec. 31, 2021	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2021	Jun. 30, 2021
Subsequent Event
Unrecognized Tax Benefits, Including Income Tax Penalties and Interest Accrued		$ 4			$ 4			$ 5
Assets		11,147			11,147			10,507
Line of Credit, Current		625			625
Other comprehensive income/(loss) before reclassifications		118	$ (16)		(3)	$ (29)
Foreign currency translation adjustments		118	(18)		(17)	(32)
Net change in derivatives and hedges, net of tax		0	3		14	4
Available for sale investments		1	(1)		2	(1)
Other Comprehensive Income, Other, Net of Tax		119	(16)		(1)	(28)
Accumulated other comprehensive income/(loss)		(395)	(345)		(395)	(345)	$ (514)	(394)	$ (329)	$ (317)
Amounts reclassified from accumulated other comprehensive income/(loss)		1			2	1
Pension and other post-retirement adjustments		0	0		0	1
Tax expense/(benefit)			1		1	0
Accumulated Translation Adjustment [Member]
Subsequent Event
Other comprehensive income/(loss) before reclassifications		118	(18)		(17)	(32)
Foreign currency translation adjustments			(18)		(17)	(32)
Accumulated other comprehensive income/(loss)		(395)	(300)		(395)	(300)	(513)	(378)	(282)	(268)
Amounts reclassified from accumulated other comprehensive income/(loss)		0
AOCI, Derivative Qualifying as Hedge, Parent [Member]
Subsequent Event
Other comprehensive income/(loss) before reclassifications		0	3		14	4
Accumulated other comprehensive income/(loss)		41	4		41	4	41	27	1
Amounts reclassified from accumulated other comprehensive income/(loss)		0
ACOI, Accumulated Gain (Loss), Marketable Securities [Member]
Subsequent Event
Other comprehensive income/(loss) before reclassifications		0	(1)	$ 0		(1)
Net change in derivatives and hedges, net of tax		0	3		14	4
Available for sale investments			(1)		2	(1)
Accumulated other comprehensive income/(loss)		(2)	(2)		(2)	(2)	(3)	(4)	(1)	(1)
Amounts reclassified from accumulated other comprehensive income/(loss)		1			2
Accumulated Defined Benefit Plans Adjustment [Member]
Subsequent Event
Other comprehensive income/(loss) before reclassifications		0
Accumulated other comprehensive income/(loss)		(38)	(46)		(38)	(46)	(38)	(38)	(46)	(47)
Amounts reclassified from accumulated other comprehensive income/(loss)		0				1
Pension and other post-retirement adjustments		0			0	1
Available-for-sale Securities [Member]
Subsequent Event
Other comprehensive income/(loss) before reclassifications		0
Other Comprehensive Income, Other, Net of Tax		0
Accumulated other comprehensive income/(loss)		(1)	(1)		(1)	(1)	$ (1)	(1)	$ (1)	$ (1)
Amounts reclassified from accumulated other comprehensive income/(loss)		0
PharmaConsumerHealth
Subsequent Event
Segment EBITDA		135	$ 147		243	$ 246
Assets		$ 4,992			$ 4,992			$ 4,355
Metrics
Subsequent Event
Business Combination, Consideration Transferred	$ 474

Uncategorized Items - ctlt-2022

Label	Element	Value
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	$ 449,000,000
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	$ 896,000,000