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Procter & Gamble Co – ‘10-Q’ for 9/30/15 – ‘EX-101.LAB’

On:  Friday, 10/23/15, at 4:03pm ET   ·   For:  9/30/15   ·   Accession #:  80424-15-98   ·   File #:  1-00434

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  As Of               Filer                 Filing    For·On·As Docs:Size

10/23/15  Procter & Gamble Co               10-Q        9/30/15   74:6.9M

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    440K 
 2: EX-3.2      Exhibit 3.2 Regulations as Approved by the Board    HTML     77K 
                of Directors on June 9, 2015                                     
 3: EX-10.1     Exhibit 10.1 Summary of the Company's Short Term    HTML     42K 
                Achievement Reward Program                                       
 4: EX-10.2     Exhibit 10.2 Short Term Achievement Reward Program  HTML    176K 
 5: EX-10.3     Exhibit 10.3 Summary of the Company's Performance   HTML     42K 
                Stock Program                                                    
 6: EX-10.4     Exhibit 10.4 Performance Stock Program              HTML     61K 
 7: EX-10.5     Exhibit 10.5 Summary of the Company's Key Manager   HTML     37K 
                Long-Term Incentive Program                                      
 8: EX-10.6     Exhibit 10.6 Key Manager Long-Term Incentive        HTML    247K 
                Program                                                          
 9: EX-10.7     Exhibit 10.7 Summary of the Company's Retirement    HTML     31K 
                Plan Restoration Program                                         
10: EX-10.8     Exhibit 10.8 Retirement Plan Restoration Program    HTML     64K 
11: EX-10.9     Exhibit 10.9 the Procter & Gamble 2014 Stock and    HTML     54K 
                Incentive Compensation Plan                                      
12: EX-12       Exhibit 12 Computation of Ratio of Earnings to      HTML     41K 
                Fixed Charges                                                    
13: EX-31.1     Exhibit 31.1 Rule 13A-14(A)/15D-14(A)               HTML     31K 
                Certification Chief Executive Officer                            
14: EX-31.2     Exhibit 31.2 Rule 13A-14(A)/15D-14(A)               HTML     31K 
                Certification Chief Financial Officer                            
15: EX-32.1     Exhibit 32.1 Section 1350 Certifications Chief      HTML     26K 
                Executive Officer                                                
16: EX-32.2     Exhibit 32.2 Section 1350 Certifications Chief      HTML     25K 
                Financial Officer                                                
53: R1          Document and Entity Information                     HTML     50K 
43: R2          Consolidated Statements of Earnings                 HTML     97K 
51: R3          Condolidated Statements of Comprehensive Income     HTML     52K 
55: R4          Consolidated Balance Sheets                         HTML    145K 
69: R5          Consolidated Statements of Cash Flows               HTML    108K 
45: R6          Basis of Presentation                               HTML     29K 
50: R7          New Accounting Pronouncements and Policies          HTML     30K 
40: R8          Segment Information                                 HTML     70K 
33: R9          Goodwill and Other Intangible Assets                HTML     66K 
70: R10         Share-Based Compensation                            HTML     29K 
57: R11         Risk Management Activities and Fair Value           HTML    110K 
                Measurements                                                     
56: R12         Accumulated Other Comprehensive Income (Loss)       HTML     55K 
61: R13         Earnings Per Share                                  HTML     84K 
62: R14         Restructuring Program                               HTML     65K 
60: R15         Commitments and Contingencies                       HTML     31K 
63: R16         Discontinued Operations                             HTML    181K 
52: R17         Segment Information (Tables)                        HTML     65K 
54: R18         Goodwill and Other Intangible Assets (Tables)       HTML     57K 
59: R19         Risk Management Activities and Fair Value           HTML    114K 
                Measurements (Tables)                                            
74: R20         Accumulated Other Comprehensive Income (Loss)       HTML     52K 
                (Tables)                                                         
65: R21         Earnings Per Share (Tables)                         HTML     82K 
47: R22         Restructuring Program (Tables)                      HTML     58K 
58: R23         Discontinued Operations (Tables)                    HTML    169K 
49: R24         Segment Information (Details)                       HTML     48K 
28: R25         Goodwill and Other Intangible Assets - Additional   HTML     41K 
                Information (Details)                                            
66: R26         Goodwill and Other Intangible Assets - Change in    HTML     44K 
                the Net Carrying Amount of Goodwill by Global                    
                Business Unit (Details)                                          
71: R27         Goodwill and Other Intangible Assets -              HTML     33K 
                Identifiable Intangible Assets (Details)                         
36: R28         Share-Based Compensation (Details)                  HTML     27K 
35: R29         Postretirement Benefits (Details)                   HTML     31K 
38: R30         Risk Management Activities and Fair Value           HTML     44K 
                Measurements - Additional Information (Details)                  
39: R31         Risk Management Activities and Fair Value           HTML     32K 
                Measurements - Assets Measured at Fair Value on A                
                Recurring Basis (Details)                                        
41: R32         Risk Management Activities and Fair Value           HTML     39K 
                Measurements - Derivative Notional Amounts and                   
                Fair Value (Details)                                             
27: R33         Risk Management Activities and Fair Value           HTML     35K 
                Measurements Risk Management Activities and Fair                 
                Value Measurements - Gain (Loss) on Derivative                   
                Instruments (Effective Portion) (Details)                        
64: R34         Risk Management Activities and Fair Value           HTML     48K 
                Measurements - Gain (Loss) on Derivative                         
                Instruments (Details)                                            
46: R35         Accumulated Other Comprehensive Income (Loss)       HTML     61K 
                Accumulated Other Comprehensive Income (Loss) -                  
                Changes in Aoci and Reclassification Out of Aoci                 
                (Details)                                                        
48: R36         Earnings Per Share (Details)                        HTML     80K 
31: R37         Earnings Per Share - Antidilutive Securities        HTML     29K 
                (Details)                                                        
73: R38         Restructuring Program - Additional Information      HTML     57K 
                (Details)                                                        
23: R39         Restructuring Program - Restructuring Reserve by    HTML     46K 
                Type of Costs (Details)                                          
42: R40         Restructuring Program - Restructuring Costs Per     HTML     42K 
                Segment (Details)                                                
68: R41         Commitments and Contingencies - Additional          HTML     32K 
                Information (Details)                                            
29: R42         Discontinued Operations - Additional Information    HTML     55K 
                (Details)                                                        
34: R43         Discontinued Operations - Net Earnings From         HTML     37K 
                Discontinued Operations (Details)                                
37: R44         Discontinued Operations - Major Components of       HTML     60K 
                Assets and Liabilities (Details)                                 
44: R45         Discontinued Operations - Net Earnings From         HTML     48K 
                Discontinued Operations for Beauty Brands                        
                (Details)                                                        
26: R46         Discontinued Operations - Cash Flows for Beauty     HTML     28K 
                Brands (Details)                                                 
32: R47         Discontinued Operations - Major Components of       HTML    115K 
                Assets and Liabilities for Beauty Brands (Details)               
24: R48         Discontinued Operations - Net Earnings From         HTML     60K 
                Discontinued Operations for Batteries and Pet Care               
                (Details)                                                        
67: R49         Discontinued Operations - Major Components of       HTML     72K 
                Assets and Liabilities for Batteries and Pet Care                
                (Details)                                                        
72: XML         IDEA XML File -- Filing Summary                      XML    114K 
25: EXCEL       IDEA Workbook of Financial Reports                  XLSX     58K 
17: EX-101.INS  XBRL Instance -- pg-20150930                         XML   1.77M 
19: EX-101.CAL  XBRL Calculations -- pg-20150930_cal                 XML    172K 
20: EX-101.DEF  XBRL Definitions -- pg-20150930_def                  XML    553K 
21: EX-101.LAB  XBRL Labels -- pg-20150930_lab                       XML   1.08M 
22: EX-101.PRE  XBRL Presentations -- pg-20150930_pre                XML    722K 
18: EX-101.SCH  XBRL Schema -- pg-20150930                           XSD    115K 
30: ZIP         XBRL Zipped Folder -- 0000080424-15-000098-xbrl      Zip    165K

‘EX-101.LAB’   —   XBRL Labels — pg-20150930_lab

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<link:label id="lab_us-gaap_StatementScenarioAxis_BC03B058227710DDB40085E77D0943F9_terseLabel_en-US" xlink:label="lab_us-gaap_StatementScenarioAxis_BC03B058227710DDB40085E77D0943F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Scenario [Axis] </link:label>
<link:label id="lab_us-gaap_StatementScenarioAxis_BC03B058227710DDB40085E77D0943F9_label_en-US" xlink:label="lab_us-gaap_StatementScenarioAxis_BC03B058227710DDB40085E77D0943F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Scenario [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="loc_us-gaap_StatementScenarioAxis_BC03B058227710DDB40085E77D0943F9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScenarioUnspecifiedDomain_A09E3F73DEECC49E39AE85E77D0998F2_terseLabel_en-US" xlink:label="lab_us-gaap_ScenarioUnspecifiedDomain_A09E3F73DEECC49E39AE85E77D0998F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Scenario, Unspecified [Domain] </link:label>
<link:label id="lab_us-gaap_ScenarioUnspecifiedDomain_A09E3F73DEECC49E39AE85E77D0998F2_label_en-US" xlink:label="lab_us-gaap_ScenarioUnspecifiedDomain_A09E3F73DEECC49E39AE85E77D0998F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Scenario, Unspecified [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="loc_us-gaap_ScenarioUnspecifiedDomain_A09E3F73DEECC49E39AE85E77D0998F2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StatementBusinessSegmentsAxis_5F631048379F8ACA29C185E77D09169C_terseLabel_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_5F631048379F8ACA29C185E77D09169C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Segments [Axis] </link:label>
<link:label id="lab_us-gaap_StatementBusinessSegmentsAxis_5F631048379F8ACA29C185E77D09169C_label_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_5F631048379F8ACA29C185E77D09169C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segments [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaap_StatementBusinessSegmentsAxis_5F631048379F8ACA29C185E77D09169C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SegmentDomain_83566D5DCED307643BA585E77D099C42_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentDomain_83566D5DCED307643BA585E77D099C42" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Segments [Domain] </link:label>
<link:label id="lab_us-gaap_SegmentDomain_83566D5DCED307643BA585E77D099C42_label_en-US" xlink:label="lab_us-gaap_SegmentDomain_83566D5DCED307643BA585E77D099C42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segments [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaap_SegmentDomain_83566D5DCED307643BA585E77D099C42" xlink:type="locator"/>
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<link:label id="lab_pg_BeautySegmentMember_BA6E40A8EFC28BFCE5C185E77D095A63_terseLabel_en-US" xlink:label="lab_pg_BeautySegmentMember_BA6E40A8EFC28BFCE5C185E77D095A63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Beauty </link:label>
<link:label id="lab_pg_BeautySegmentMember_BA6E40A8EFC28BFCE5C185E77D095A63_label_en-US" xlink:label="lab_pg_BeautySegmentMember_BA6E40A8EFC28BFCE5C185E77D095A63" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Beauty Segment [Member] </link:label>
<link:label id="lab_pg_BeautySegmentMember_BA6E40A8EFC28BFCE5C185E77D095A63_documentation_en-US" xlink:label="lab_pg_BeautySegmentMember_BA6E40A8EFC28BFCE5C185E77D095A63" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Beauty Segment Member </link:label>
<link:loc xlink:href="pg-20150930.xsd#pg_BeautySegmentMember" xlink:label="loc_pg_BeautySegmentMember_BA6E40A8EFC28BFCE5C185E77D095A63" xlink:type="locator"/>
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<link:label id="lab_pg_GroomingSegmentMember_BDD69B3541CD3CEE893685E77D091FD4_terseLabel_en-US" xlink:label="lab_pg_GroomingSegmentMember_BDD69B3541CD3CEE893685E77D091FD4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Grooming </link:label>
<link:label id="lab_pg_GroomingSegmentMember_BDD69B3541CD3CEE893685E77D091FD4_label_en-US" xlink:label="lab_pg_GroomingSegmentMember_BDD69B3541CD3CEE893685E77D091FD4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Grooming Segment Member </link:label>
<link:label id="lab_pg_GroomingSegmentMember_BDD69B3541CD3CEE893685E77D091FD4_documentation_en-US" xlink:label="lab_pg_GroomingSegmentMember_BDD69B3541CD3CEE893685E77D091FD4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Grooming Segment [Member] </link:label>
<link:loc xlink:href="pg-20150930.xsd#pg_GroomingSegmentMember" xlink:label="loc_pg_GroomingSegmentMember_BDD69B3541CD3CEE893685E77D091FD4" xlink:type="locator"/>
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<link:label id="lab_pg_HealthCareSegmentMember_15DC7528E79270A4EB1A85E77D0976DF_terseLabel_en-US" xlink:label="lab_pg_HealthCareSegmentMember_15DC7528E79270A4EB1A85E77D0976DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Health Care </link:label>
<link:label id="lab_pg_HealthCareSegmentMember_15DC7528E79270A4EB1A85E77D0976DF_label_en-US" xlink:label="lab_pg_HealthCareSegmentMember_15DC7528E79270A4EB1A85E77D0976DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Health Care Segment Member </link:label>
<link:label id="lab_pg_HealthCareSegmentMember_15DC7528E79270A4EB1A85E77D0976DF_documentation_en-US" xlink:label="lab_pg_HealthCareSegmentMember_15DC7528E79270A4EB1A85E77D0976DF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Health Care Segment [Member] </link:label>
<link:loc xlink:href="pg-20150930.xsd#pg_HealthCareSegmentMember" xlink:label="loc_pg_HealthCareSegmentMember_15DC7528E79270A4EB1A85E77D0976DF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pg_HealthCareSegmentMember_15DC7528E79270A4EB1A85E77D0976DF" xlink:to="lab_pg_HealthCareSegmentMember_15DC7528E79270A4EB1A85E77D0976DF" xlink:type="arc"/>
<link:label id="lab_pg_FabricCareAndHomeCareSegmentMember_52F05E44A8B9D141C65F85E77D091475_terseLabel_en-US" xlink:label="lab_pg_FabricCareAndHomeCareSegmentMember_52F05E44A8B9D141C65F85E77D091475" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fabric Care and Home Care </link:label>
<link:label id="lab_pg_FabricCareAndHomeCareSegmentMember_52F05E44A8B9D141C65F85E77D091475_label_en-US" xlink:label="lab_pg_FabricCareAndHomeCareSegmentMember_52F05E44A8B9D141C65F85E77D091475" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fabric Care And Home Care Segment Member </link:label>
<link:label id="lab_pg_FabricCareAndHomeCareSegmentMember_52F05E44A8B9D141C65F85E77D091475_documentation_en-US" xlink:label="lab_pg_FabricCareAndHomeCareSegmentMember_52F05E44A8B9D141C65F85E77D091475" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fabric Care and Home Care Segment [Member] </link:label>
<link:loc xlink:href="pg-20150930.xsd#pg_FabricCareAndHomeCareSegmentMember" xlink:label="loc_pg_FabricCareAndHomeCareSegmentMember_52F05E44A8B9D141C65F85E77D091475" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pg_FabricCareAndHomeCareSegmentMember_52F05E44A8B9D141C65F85E77D091475" xlink:to="lab_pg_FabricCareAndHomeCareSegmentMember_52F05E44A8B9D141C65F85E77D091475" xlink:type="arc"/>
<link:label id="lab_pg_BabyFeminineandFamilyCareSegmentMemberMember_2F077460CB09FEB90B5185E77D09D21C_terseLabel_en-US" xlink:label="lab_pg_BabyFeminineandFamilyCareSegmentMemberMember_2F077460CB09FEB90B5185E77D09D21C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Baby, Feminine and Family Care </link:label>
<link:label id="lab_pg_BabyFeminineandFamilyCareSegmentMemberMember_2F077460CB09FEB90B5185E77D09D21C_label_en-US" xlink:label="lab_pg_BabyFeminineandFamilyCareSegmentMemberMember_2F077460CB09FEB90B5185E77D09D21C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Baby, Feminine and Family Care Segment Member [Member] </link:label>
<link:label id="lab_pg_BabyFeminineandFamilyCareSegmentMemberMember_2F077460CB09FEB90B5185E77D09D21C_documentation_en-US" xlink:label="lab_pg_BabyFeminineandFamilyCareSegmentMemberMember_2F077460CB09FEB90B5185E77D09D21C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Baby, Feminine and Family Care Segment [Member] </link:label>
<link:loc xlink:href="pg-20150930.xsd#pg_BabyFeminineandFamilyCareSegmentMemberMember" xlink:label="loc_pg_BabyFeminineandFamilyCareSegmentMemberMember_2F077460CB09FEB90B5185E77D09D21C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CorporateMember_3A95FDCB0E0C7A4A306685E77D09C954_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateMember_3A95FDCB0E0C7A4A306685E77D09C954" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Corporate </link:label>
<link:label id="lab_us-gaap_CorporateMember_3A95FDCB0E0C7A4A306685E77D09C954_label_en-US" xlink:label="lab_us-gaap_CorporateMember_3A95FDCB0E0C7A4A306685E77D09C954" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Corporate Segment [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CorporateMember" xlink:label="loc_us-gaap_CorporateMember_3A95FDCB0E0C7A4A306685E77D09C954" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SegmentReportingInformationLineItems_B43BE5BC58D21225832285E77D09EC45_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_B43BE5BC58D21225832285E77D09EC45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Segment Reporting Information [Line Items] </link:label>
<link:label id="lab_us-gaap_SegmentReportingInformationLineItems_B43BE5BC58D21225832285E77D09EC45_label_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_B43BE5BC58D21225832285E77D09EC45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segment Reporting Information [Line Items] </link:label>
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<link:label id="lab_us-gaap_SalesRevenueNet_C06C4E550D6B7D361D0285E77D09AED9_verboseLabel_en-US" xlink:label="lab_us-gaap_SalesRevenueNet_C06C4E550D6B7D361D0285E77D09AED9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Revenue, Net </link:label>
<link:label id="lab_us-gaap_SalesRevenueNet_C06C4E550D6B7D361D0285E77D09AED9_label_en-US" xlink:label="lab_us-gaap_SalesRevenueNet_C06C4E550D6B7D361D0285E77D09AED9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Revenue, Net </link:label>
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<link:label id="lab_pg_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_848C84034A30E6B4B34385E77D09A5C3_terseLabel_en-US" xlink:label="lab_pg_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_848C84034A30E6B4B34385E77D09A5C3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Loss From Continuing Operations Before Income Taxes </link:label>
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<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_E722853F5F29E8862D5C85E77D09A230_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_E722853F5F29E8862D5C85E77D09A230" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_E722853F5F29E8862D5C85E77D09A230" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract_EBA9095E6AD79EB645CA868915FBCFC3_label_en-US" xlink:label="lab_us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract_EBA9095E6AD79EB645CA868915FBCFC3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Discontinued Operations and Disposal Groups [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract" xlink:label="loc_us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract_EBA9095E6AD79EB645CA868915FBCFC3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RangeAxis_E9CA8C8E7AA2C890D1A5868915FC776C_terseLabel_en-US" xlink:label="lab_us-gaap_RangeAxis_E9CA8C8E7AA2C890D1A5868915FC776C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Range [Axis] </link:label>
<link:label id="lab_us-gaap_RangeAxis_E9CA8C8E7AA2C890D1A5868915FC776C_label_en-US" xlink:label="lab_us-gaap_RangeAxis_E9CA8C8E7AA2C890D1A5868915FC776C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Range [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RangeAxis" xlink:label="loc_us-gaap_RangeAxis_E9CA8C8E7AA2C890D1A5868915FC776C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RangeMember_8BC2E42065B365B0BC87868915FCD04B_terseLabel_en-US" xlink:label="lab_us-gaap_RangeMember_8BC2E42065B365B0BC87868915FCD04B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Range [Domain] </link:label>
<link:label id="lab_us-gaap_RangeMember_8BC2E42065B365B0BC87868915FCD04B_label_en-US" xlink:label="lab_us-gaap_RangeMember_8BC2E42065B365B0BC87868915FCD04B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Range [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_us-gaap_RangeMember_8BC2E42065B365B0BC87868915FCD04B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_MaximumMember_78568FAF82F6AE67B480868915FCB546_terseLabel_en-US" xlink:label="lab_us-gaap_MaximumMember_78568FAF82F6AE67B480868915FCB546" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum [Member] </link:label>
<link:label id="lab_us-gaap_MaximumMember_78568FAF82F6AE67B480868915FCB546_label_en-US" xlink:label="lab_us-gaap_MaximumMember_78568FAF82F6AE67B480868915FCB546" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maximum [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MaximumMember" xlink:label="loc_us-gaap_MaximumMember_78568FAF82F6AE67B480868915FCB546" xlink:type="locator"/>
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<link:label id="lab_us-gaap_MinimumMember_8CC59A714861ED61B306868915FDE435_terseLabel_en-US" xlink:label="lab_us-gaap_MinimumMember_8CC59A714861ED61B306868915FDE435" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Minimum [Member] </link:label>
<link:label id="lab_us-gaap_MinimumMember_8CC59A714861ED61B306868915FDE435_label_en-US" xlink:label="lab_us-gaap_MinimumMember_8CC59A714861ED61B306868915FDE435" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Minimum [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MinimumMember" xlink:label="loc_us-gaap_MinimumMember_8CC59A714861ED61B306868915FDE435" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinimumMember_8CC59A714861ED61B306868915FDE435" xlink:to="lab_us-gaap_MinimumMember_8CC59A714861ED61B306868915FDE435" xlink:type="arc"/>
<link:label id="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_44BE319BA050032B3FB3868915FD6F86_verboseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_44BE319BA050032B3FB3868915FD6F86" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Disposal Groups, Including Discontinued Operations, Name [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain" xlink:label="loc_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_44BE319BA050032B3FB3868915FD6F86" xlink:type="locator"/>
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<link:label id="lab_pg_BatteriesMember_49E8EB5E2DA56E5C4794868916020DFA_terseLabel_en-US" xlink:label="lab_pg_BatteriesMember_49E8EB5E2DA56E5C4794868916020DFA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Batteries [Member] </link:label>
<link:label id="lab_pg_BatteriesMember_49E8EB5E2DA56E5C4794868916020DFA_label_en-US" xlink:label="lab_pg_BatteriesMember_49E8EB5E2DA56E5C4794868916020DFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Batteries [Member] </link:label>
<link:label id="lab_pg_BatteriesMember_49E8EB5E2DA56E5C4794868916020DFA_documentation_en-US" xlink:label="lab_pg_BatteriesMember_49E8EB5E2DA56E5C4794868916020DFA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Batteries [Member] </link:label>
<link:loc xlink:href="pg-20150930.xsd#pg_BatteriesMember" xlink:label="loc_pg_BatteriesMember_49E8EB5E2DA56E5C4794868916020DFA" xlink:type="locator"/>
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<link:label id="lab_pg_PetCareBusinessMember_FD0E5E33854998682DA68689160277D6_terseLabel_en-US" xlink:label="lab_pg_PetCareBusinessMember_FD0E5E33854998682DA68689160277D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pet Care Business [Member] </link:label>
<link:label id="lab_pg_PetCareBusinessMember_FD0E5E33854998682DA68689160277D6_label_en-US" xlink:label="lab_pg_PetCareBusinessMember_FD0E5E33854998682DA68689160277D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pet Care Business [Member] </link:label>
<link:label id="lab_pg_PetCareBusinessMember_FD0E5E33854998682DA68689160277D6_documentation_en-US" xlink:label="lab_pg_PetCareBusinessMember_FD0E5E33854998682DA68689160277D6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Pet Care Business [Member] </link:label>
<link:loc xlink:href="pg-20150930.xsd#pg_PetCareBusinessMember" xlink:label="loc_pg_PetCareBusinessMember_FD0E5E33854998682DA68689160277D6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CounterpartyNameAxis_2E129FBF6A15E3813C1686891603FB27_terseLabel_en-US" xlink:label="lab_us-gaap_CounterpartyNameAxis_2E129FBF6A15E3813C1686891603FB27" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Counterparty Name [Axis] </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CounterpartyNameAxis" xlink:label="loc_us-gaap_CounterpartyNameAxis_2E129FBF6A15E3813C1686891603FB27" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RepurchaseAgreementCounterpartyNameDomain_406671EA8E4EEBECC5DA8689160318A1_terseLabel_en-US" xlink:label="lab_us-gaap_RepurchaseAgreementCounterpartyNameDomain_406671EA8E4EEBECC5DA8689160318A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Counterparty Name [Domain] </link:label>
<link:label id="lab_us-gaap_RepurchaseAgreementCounterpartyNameDomain_406671EA8E4EEBECC5DA8689160318A1_label_en-US" xlink:label="lab_us-gaap_RepurchaseAgreementCounterpartyNameDomain_406671EA8E4EEBECC5DA8689160318A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Counterparty Name [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:label="loc_us-gaap_RepurchaseAgreementCounterpartyNameDomain_406671EA8E4EEBECC5DA8689160318A1" xlink:type="locator"/>
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<link:label id="lab_pg_BerkshireHathawayMember_D72F88C1F59DFB9273A7868916043F04_terseLabel_en-US" xlink:label="lab_pg_BerkshireHathawayMember_D72F88C1F59DFB9273A7868916043F04" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Berkshire Hathaway [Member] </link:label>
<link:label id="lab_pg_BerkshireHathawayMember_D72F88C1F59DFB9273A7868916043F04_label_en-US" xlink:label="lab_pg_BerkshireHathawayMember_D72F88C1F59DFB9273A7868916043F04" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Berkshire Hathaway [Member] </link:label>
<link:label id="lab_pg_BerkshireHathawayMember_D72F88C1F59DFB9273A7868916043F04_documentation_en-US" xlink:label="lab_pg_BerkshireHathawayMember_D72F88C1F59DFB9273A7868916043F04" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Berkshire Hathaway [Member] </link:label>
<link:loc xlink:href="pg-20150930.xsd#pg_BerkshireHathawayMember" xlink:label="loc_pg_BerkshireHathawayMember_D72F88C1F59DFB9273A7868916043F04" xlink:type="locator"/>
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<link:label id="lab_pg_MarsIncorporatedMember_3B5D78EB6E7C374481FA86891604A689_terseLabel_en-US" xlink:label="lab_pg_MarsIncorporatedMember_3B5D78EB6E7C374481FA86891604A689" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Mars Incorporated [Member] </link:label>
<link:label id="lab_pg_MarsIncorporatedMember_3B5D78EB6E7C374481FA86891604A689_label_en-US" xlink:label="lab_pg_MarsIncorporatedMember_3B5D78EB6E7C374481FA86891604A689" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Mars Incorporated [Member] </link:label>
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<link:loc xlink:href="pg-20150930.xsd#pg_MarsIncorporatedMember" xlink:label="loc_pg_MarsIncorporatedMember_3B5D78EB6E7C374481FA86891604A689" xlink:type="locator"/>
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<link:label id="lab_pg_DisposalGroupsNumberofProductCategories_BBF969076F1C1B9A7FA586891605D1B3_terseLabel_en-US" xlink:label="lab_pg_DisposalGroupsNumberofProductCategories_BBF969076F1C1B9A7FA586891605D1B3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Disposal Groups - Number of Product Categories </link:label>
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<link:label id="lab_pg_DisposalGroupsNumberofBrands_5679C0A6CA21160C11DD86891605595D_terseLabel_en-US" xlink:label="lab_pg_DisposalGroupsNumberofBrands_5679C0A6CA21160C11DD86891605595D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Disposal Groups - Number of Brands </link:label>
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<link:loc xlink:href="pg-20150930.xsd#pg_DisposalGroupsNumberofBrands" xlink:label="loc_pg_DisposalGroupsNumberofBrands_5679C0A6CA21160C11DD86891605595D" xlink:type="locator"/>
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<link:label id="lab_pg_DisposalGroupsConsiderationOffered_A104B692C697268BD87886891605809D_terseLabel_en-US" xlink:label="lab_pg_DisposalGroupsConsiderationOffered_A104B692C697268BD87886891605809D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Disposal Groups - Consideration Offered </link:label>
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<link:loc xlink:href="pg-20150930.xsd#pg_DisposalGroupsConsiderationOffered" xlink:label="loc_pg_DisposalGroupsConsiderationOffered_A104B692C697268BD87886891605809D" xlink:type="locator"/>
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<link:label id="lab_pg_NonManufacturingOverheadPersonnelMember_F9E5063DAD4EAF3180B68B71AD501FCB_label_en-US" xlink:label="lab_pg_NonManufacturingOverheadPersonnelMember_F9E5063DAD4EAF3180B68B71AD501FCB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non-manufacturing overhead personnel [Member] </link:label>
<link:label id="lab_pg_NonManufacturingOverheadPersonnelMember_F9E5063DAD4EAF3180B68B71AD501FCB_documentation_en-US" xlink:label="lab_pg_NonManufacturingOverheadPersonnelMember_F9E5063DAD4EAF3180B68B71AD501FCB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Non-manufacturing overhead personnel [Member] </link:label>
<link:loc xlink:href="pg-20150930.xsd#pg_NonManufacturingOverheadPersonnelMember" xlink:label="loc_pg_NonManufacturingOverheadPersonnelMember_F9E5063DAD4EAF3180B68B71AD501FCB" xlink:type="locator"/>
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<link:label id="lab_pg_AssetRelatedCostsMember_86E278744982AD0DA05F8B71AD50F38D_terseLabel_en-US" xlink:label="lab_pg_AssetRelatedCostsMember_86E278744982AD0DA05F8B71AD50F38D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asset-related costs </link:label>
<link:label id="lab_pg_AssetRelatedCostsMember_86E278744982AD0DA05F8B71AD50F38D_label_en-US" xlink:label="lab_pg_AssetRelatedCostsMember_86E278744982AD0DA05F8B71AD50F38D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Asset-Related Costs [Member] </link:label>
<link:label id="lab_pg_AssetRelatedCostsMember_86E278744982AD0DA05F8B71AD50F38D_documentation_en-US" xlink:label="lab_pg_AssetRelatedCostsMember_86E278744982AD0DA05F8B71AD50F38D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Asset-Related Costs consisting of both asset write downs and accelerated depreciation in conjunction with restructuring plan. </link:label>
<link:loc xlink:href="pg-20150930.xsd#pg_AssetRelatedCostsMember" xlink:label="loc_pg_AssetRelatedCostsMember_86E278744982AD0DA05F8B71AD50F38D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherRestructuringMember_B0676E9782389771EA518B71AD5046B4_terseLabel_en-US" xlink:label="lab_us-gaap_OtherRestructuringMember_B0676E9782389771EA518B71AD5046B4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other costs </link:label>
<link:label id="lab_us-gaap_OtherRestructuringMember_B0676E9782389771EA518B71AD5046B4_label_en-US" xlink:label="lab_us-gaap_OtherRestructuringMember_B0676E9782389771EA518B71AD5046B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Restructuring [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherRestructuringMember" xlink:label="loc_us-gaap_OtherRestructuringMember_B0676E9782389771EA518B71AD5046B4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeStatementLocationAxis_D3FE640505EB33DA73A98B71AD50E430_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_D3FE640505EB33DA73A98B71AD50E430" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Axis] </link:label>
<link:label id="lab_us-gaap_IncomeStatementLocationAxis_D3FE640505EB33DA73A98B71AD50E430_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_D3FE640505EB33DA73A98B71AD50E430" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="loc_us-gaap_IncomeStatementLocationAxis_D3FE640505EB33DA73A98B71AD50E430" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeStatementLocationDomain_8CB5262253665525E5B68B71AD503029_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_8CB5262253665525E5B68B71AD503029" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Domain] </link:label>
<link:label id="lab_us-gaap_IncomeStatementLocationDomain_8CB5262253665525E5B68B71AD503029_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_8CB5262253665525E5B68B71AD503029" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="loc_us-gaap_IncomeStatementLocationDomain_8CB5262253665525E5B68B71AD503029" xlink:type="locator"/>
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<link:label id="lab_pg_SellingGeneralAndAdministrativeExpenseMember_E1475161C70E68496C468B71AD50B444_terseLabel_en-US" xlink:label="lab_pg_SellingGeneralAndAdministrativeExpenseMember_E1475161C70E68496C468B71AD50B444" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Selling, General and Administrative Expense [Member] </link:label>
<link:label id="lab_pg_SellingGeneralAndAdministrativeExpenseMember_E1475161C70E68496C468B71AD50B444_label_en-US" xlink:label="lab_pg_SellingGeneralAndAdministrativeExpenseMember_E1475161C70E68496C468B71AD50B444" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Selling, General and Administrative Expense [Member] </link:label>
<link:label id="lab_pg_SellingGeneralAndAdministrativeExpenseMember_E1475161C70E68496C468B71AD50B444_documentation_en-US" xlink:label="lab_pg_SellingGeneralAndAdministrativeExpenseMember_E1475161C70E68496C468B71AD50B444" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The allocation (or location) of expense to (in) general and administrative expense including allocations to selling and marketing expense. </link:label>
<link:loc xlink:href="pg-20150930.xsd#pg_SellingGeneralAndAdministrativeExpenseMember" xlink:label="loc_pg_SellingGeneralAndAdministrativeExpenseMember_E1475161C70E68496C468B71AD50B444" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CostOfGoodsSegmentMember_6AD20772443ADAAE22498B71AD5023CB_terseLabel_en-US" xlink:label="lab_us-gaap_CostOfGoodsSegmentMember_6AD20772443ADAAE22498B71AD5023CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cost of Goods, Segment [Member] </link:label>
<link:label id="lab_us-gaap_CostOfGoodsSegmentMember_6AD20772443ADAAE22498B71AD5023CB_label_en-US" xlink:label="lab_us-gaap_CostOfGoodsSegmentMember_6AD20772443ADAAE22498B71AD5023CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cost of Goods, Segment [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CostOfGoodsSegmentMember" xlink:label="loc_us-gaap_CostOfGoodsSegmentMember_6AD20772443ADAAE22498B71AD5023CB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScenarioForecastMember_B67DAA7BD620B10813C68B71AD517357_terseLabel_en-US" xlink:label="lab_us-gaap_ScenarioForecastMember_B67DAA7BD620B10813C68B71AD517357" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Scenario, Forecast [Member] </link:label>
<link:label id="lab_us-gaap_ScenarioForecastMember_B67DAA7BD620B10813C68B71AD517357_label_en-US" xlink:label="lab_us-gaap_ScenarioForecastMember_B67DAA7BD620B10813C68B71AD517357" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Scenario, Forecast [Member] </link:label>
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<link:label id="lab_us-gaap_ShareBasedCompensation_34FE077D6B4659826FCA9148EA61831D_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_34FE077D6B4659826FCA9148EA61831D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation </link:label>
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<link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_EE48F275488E653521539148EA661788_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_EE48F275488E653521539148EA661788" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred Income Tax Expense (Benefit) </link:label>
<link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_EE48F275488E653521539148EA661788_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_EE48F275488E653521539148EA661788" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Income Tax Expense (Benefit) </link:label>
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<link:label id="lab_us-gaap_GainLossOnSaleOfBusiness_FCCD2F16F446636EBA269148EA670245_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfBusiness_FCCD2F16F446636EBA269148EA670245" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Disposition of Business </link:label>
<link:label id="lab_us-gaap_GainLossOnSaleOfBusiness_FCCD2F16F446636EBA269148EA670245_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfBusiness_FCCD2F16F446636EBA269148EA670245" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Disposition of Business </link:label>
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<link:label id="lab_pg_GoodwillAndIndefiniteLivedIntangiblesImpairmentCharges_0BD7EF55ABF89232A9FE9148EA67458A_terseLabel_en-US" xlink:label="lab_pg_GoodwillAndIndefiniteLivedIntangiblesImpairmentCharges_0BD7EF55ABF89232A9FE9148EA67458A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill and Indefinite-lived Intangibles Impairment Charges </link:label>
<link:label id="lab_pg_GoodwillAndIndefiniteLivedIntangiblesImpairmentCharges_0BD7EF55ABF89232A9FE9148EA67458A_label_en-US" xlink:label="lab_pg_GoodwillAndIndefiniteLivedIntangiblesImpairmentCharges_0BD7EF55ABF89232A9FE9148EA67458A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill and Indefinite-lived Intangibles Impairment Charges </link:label>
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<link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E8E9F525549BBFDFE1829148EA6700D6_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E8E9F525549BBFDFE1829148EA6700D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Changes in: </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E8E9F525549BBFDFE1829148EA6700D6_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E8E9F525549BBFDFE1829148EA6700D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Operating Capital [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_E8E9F525549BBFDFE1829148EA6700D6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_91EBBE379DB3BCF39EC69148EA67842C_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_91EBBE379DB3BCF39EC69148EA67842C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Accounts Receivable </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_91EBBE379DB3BCF39EC69148EA67842C_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_91EBBE379DB3BCF39EC69148EA67842C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Accounts Receivable </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_91EBBE379DB3BCF39EC69148EA67842C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInInventories_B3AD0A9D1FA8A96510B59148EA67A8CC_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInInventories_B3AD0A9D1FA8A96510B59148EA67A8CC" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Inventories </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInInventories_B3AD0A9D1FA8A96510B59148EA67A8CC_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInInventories_B3AD0A9D1FA8A96510B59148EA67A8CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Inventories </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInInventories" xlink:label="loc_us-gaap_IncreaseDecreaseInInventories_B3AD0A9D1FA8A96510B59148EA67A8CC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_A0425588801F5E20FB149148EA67AD81_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_A0425588801F5E20FB149148EA67AD81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Accounts Payable and Accrued Liabilities </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_A0425588801F5E20FB149148EA67AD81_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_A0425588801F5E20FB149148EA67AD81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Accounts Payable and Accrued Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_A0425588801F5E20FB149148EA67AD81" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_C81273D64AF9EAEF78109148EA67FDB3_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_C81273D64AF9EAEF78109148EA67FDB3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Other Operating Assets and Liabilities, Net </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_C81273D64AF9EAEF78109148EA67FDB3_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_C81273D64AF9EAEF78109148EA67FDB3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Other Operating Assets and Liabilities, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_C81273D64AF9EAEF78109148EA67FDB3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherNoncashIncomeExpense_5058493E808BE45423B59148EA67C21A_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_5058493E808BE45423B59148EA67C21A" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Other Noncash Income (Expense) </link:label>
<link:label id="lab_us-gaap_OtherNoncashIncomeExpense_5058493E808BE45423B59148EA67C21A_label_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_5058493E808BE45423B59148EA67C21A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Noncash Income (Expense) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="loc_us-gaap_OtherNoncashIncomeExpense_5058493E808BE45423B59148EA67C21A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_8D04908E192A6A2701089148EA68C8C4_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_8D04908E192A6A2701089148EA68C8C4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_8D04908E192A6A2701089148EA68C8C4_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_8D04908E192A6A2701089148EA68C8C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_8D04908E192A6A2701089148EA68C8C4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_C489B4E730BC6AE2D9549148EA68A020_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_C489B4E730BC6AE2D9549148EA68A020" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities [Abstract] </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_C489B4E730BC6AE2D9549148EA68A020_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_C489B4E730BC6AE2D9549148EA68A020" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities [Abstract] </link:label>
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<link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_9A1C90E61EC7C1D74B8B9148EA689F0C_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_9A1C90E61EC7C1D74B8B9148EA689F0C" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Capital expenditures </link:label>
<link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_9A1C90E61EC7C1D74B8B9148EA689F0C_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_9A1C90E61EC7C1D74B8B9148EA689F0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Property, Plant, and Equipment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_9A1C90E61EC7C1D74B8B9148EA689F0C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromSaleOfProductiveAssets_36B98216E799EC6DB7E89148EA6854A0_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfProductiveAssets_36B98216E799EC6DB7E89148EA6854A0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from asset sales </link:label>
<link:label id="lab_us-gaap_ProceedsFromSaleOfProductiveAssets_36B98216E799EC6DB7E89148EA6854A0_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfProductiveAssets_36B98216E799EC6DB7E89148EA6854A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Sale of Productive Assets </link:label>
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<link:label id="lab_us-gaap_PaymentsForProceedsFromBusinessesAndInterestInAffiliates_40F51801CE2729515D6E9148EA6853B6_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromBusinessesAndInterestInAffiliates_40F51801CE2729515D6E9148EA6853B6" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Acquisitions, net of cash acquired </link:label>
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<link:label id="lab_us-gaap_ProceedsFromSaleOfShortTermInvestments_48663A8E9B2CF292DBFC9148EA680041_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfShortTermInvestments_48663A8E9B2CF292DBFC9148EA680041" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from Sale of Short-term Investments </link:label>
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<link:label id="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_92D8945E08B7ED38A53B9148EA698A8D_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_92D8945E08B7ED38A53B9148EA698A8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from (Repayments of) Short-term Debt </link:label>
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<link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_84076AD5B35B76F8915F9148EA69EDAD_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_84076AD5B35B76F8915F9148EA69EDAD" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Repayments of Long-term Debt </link:label>
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<link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_3B362EC619826802711A9148EA69D405_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_3B362EC619826802711A9148EA69D405" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Payments for Repurchase of Common Stock </link:label>
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<link:label id="lab_pg_ProceedsFromStockOptionsExercisedAndOtherFinancingActivities_1CCFE4ACC8D4F356F3369148EA6950A4_terseLabel_en-US" xlink:label="lab_pg_ProceedsFromStockOptionsExercisedAndOtherFinancingActivities_1CCFE4ACC8D4F356F3369148EA6950A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds From Stock Options Exercised And Other Financing Activities </link:label>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_4AB043CAF626B37C0A449148EA69D5D9_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_4AB043CAF626B37C0A449148EA69D5D9" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities </link:label>
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<link:label id="lab_us-gaap_NondesignatedMember_22FDE6838EF27D9D480781935ECF4ACE_label_en-US" xlink:label="lab_us-gaap_NondesignatedMember_22FDE6838EF27D9D480781935ECF4ACE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Not Designated as Hedging Instrument [Member] </link:label>
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<link:label id="lab_us-gaap_DerivativeContractTypeDomain_75ABFED4481158F108D481935ECFAAF7_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_75ABFED4481158F108D481935ECFAAF7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Contract Type [Domain] </link:label>
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<link:label id="lab_us-gaap_DerivativeLineItems_9CFEC5986CD425E4DC7B81935ECFFC31_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLineItems_9CFEC5986CD425E4DC7B81935ECFFC31" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative [Line Items] </link:label>
<link:label id="lab_us-gaap_DerivativeLineItems_9CFEC5986CD425E4DC7B81935ECFFC31_label_en-US" xlink:label="lab_us-gaap_DerivativeLineItems_9CFEC5986CD425E4DC7B81935ECFFC31" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative [Line Items] </link:label>
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<link:label id="lab_invest_DerivativeNotionalAmount_85CF170A5E0E74D282CA81935ECFA756_label_en-US" xlink:label="lab_invest_DerivativeNotionalAmount_85CF170A5E0E74D282CA81935ECFA756" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Notional Amount </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="loc_invest_DerivativeNotionalAmount_85CF170A5E0E74D282CA81935ECFA756" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_9195C67CCC2FAE80B34981935ECF2B85_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_9195C67CCC2FAE80B34981935ECF2B85" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Assets (Liabilities), at Fair Value, Net </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" xlink:label="loc_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_9195C67CCC2FAE80B34981935ECF2B85" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationInventoryCurrent_154E3C0340369794C75581DE0A3FE60A_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationInventoryCurrent_154E3C0340369794C75581DE0A3FE60A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Disposal Group, Including Discontinued Operation, Inventory </link:label>
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<link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationPrepaidAndOtherAssetsCurrent_9D5CC0554F8A504A8F7B81DE0A3F580E_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationPrepaidAndOtherAssetsCurrent_9D5CC0554F8A504A8F7B81DE0A3F580E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Disposal Group, Including Discontinued Operation, Prepaid and Other Assets </link:label>
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<link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent_65A2A420F486AF29ACBB81DE0A3FDF84_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent_65A2A420F486AF29ACBB81DE0A3FDF84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Disposal Group, Including Discontinued Operation, Property, Plant and Equipment, Current </link:label>
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<link:label id="lab_us-gaap_AvailableForSaleSecuritiesCurrent_410A478B63AA86A4D7AC81935F3C3C68_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesCurrent_410A478B63AA86A4D7AC81935F3C3C68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Available-for-sale Securities, Current </link:label>
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<link:label id="lab_us-gaap_AccountsReceivableNetCurrent_37D009D82330F0ECB94081935F3CE806_label_en-US" xlink:label="lab_us-gaap_AccountsReceivableNetCurrent_37D009D82330F0ECB94081935F3CE806" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounts Receivable, Net, Current </link:label>
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<link:label id="lab_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_AE53120E635775DCC79881935F3C54E2_label_en-US" xlink:label="lab_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_AE53120E635775DCC79881935F3C54E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Prepaid Expense and Other Assets, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PrepaidExpenseAndOtherAssetsCurrent" xlink:label="loc_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_AE53120E635775DCC79881935F3C54E2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_AE53120E635775DCC79881935F3C54E2" xlink:to="lab_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_AE53120E635775DCC79881935F3C54E2" xlink:type="arc"/>
<link:label id="lab_us-gaap_AssetsCurrent_DA77CE789A1668154D5B81935F3C836C_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsCurrent_DA77CE789A1668154D5B81935F3C836C" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> TOTAL CURRENT ASSETS </link:label>
<link:label id="lab_us-gaap_AssetsCurrent_DA77CE789A1668154D5B81935F3C836C_label_en-US" xlink:label="lab_us-gaap_AssetsCurrent_DA77CE789A1668154D5B81935F3C836C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AssetsCurrent" xlink:label="loc_us-gaap_AssetsCurrent_DA77CE789A1668154D5B81935F3C836C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsCurrent_DA77CE789A1668154D5B81935F3C836C" xlink:to="lab_us-gaap_AssetsCurrent_DA77CE789A1668154D5B81935F3C836C" xlink:type="arc"/>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_E0EE683E19C7275B31F881935F3C0A71_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_E0EE683E19C7275B31F881935F3C0A71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Net </link:label>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_E0EE683E19C7275B31F881935F3C0A71_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_E0EE683E19C7275B31F881935F3C0A71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_E0EE683E19C7275B31F881935F3C0A71" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Goodwill_6A61EF1C81469919B80A81935F3CA9E7_terseLabel_en-US" xlink:label="lab_us-gaap_Goodwill_6A61EF1C81469919B80A81935F3CA9E7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_6A61EF1C81469919B80A81935F3CA9E7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Goodwill_6A61EF1C81469919B80A81935F3CA9E7" xlink:to="lab_us-gaap_Goodwill_6A61EF1C81469919B80A81935F3CA9E7" xlink:type="arc"/>
<link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_427A5C412CAEF229E97381935F3C84CC_terseLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_427A5C412CAEF229E97381935F3C84CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Intangible Assets, Net (Excluding Goodwill) </link:label>
<link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_427A5C412CAEF229E97381935F3C84CC_label_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_427A5C412CAEF229E97381935F3C84CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Intangible Assets, Net (Excluding Goodwill) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_427A5C412CAEF229E97381935F3C84CC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_427A5C412CAEF229E97381935F3C84CC" xlink:to="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_427A5C412CAEF229E97381935F3C84CC" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherAssetsNoncurrent_308EB09F0C4A1E02399981935F3C51B9_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_308EB09F0C4A1E02399981935F3C51B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Assets, Noncurrent </link:label>
<link:label id="lab_us-gaap_OtherAssetsNoncurrent_308EB09F0C4A1E02399981935F3C51B9_label_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_308EB09F0C4A1E02399981935F3C51B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets, Noncurrent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAssetsNoncurrent" xlink:label="loc_us-gaap_OtherAssetsNoncurrent_308EB09F0C4A1E02399981935F3C51B9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsNoncurrent_308EB09F0C4A1E02399981935F3C51B9" xlink:to="lab_us-gaap_OtherAssetsNoncurrent_308EB09F0C4A1E02399981935F3C51B9" xlink:type="arc"/>
<link:label id="lab_us-gaap_Assets_DF9562B2F54AEED3E37481935F3C3F1F_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_DF9562B2F54AEED3E37481935F3C3F1F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Assets </link:label>
<link:label id="lab_us-gaap_Assets_DF9562B2F54AEED3E37481935F3C3F1F_label_en-US" xlink:label="lab_us-gaap_Assets_DF9562B2F54AEED3E37481935F3C3F1F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_DF9562B2F54AEED3E37481935F3C3F1F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_DF9562B2F54AEED3E37481935F3C3F1F" xlink:to="lab_us-gaap_Assets_DF9562B2F54AEED3E37481935F3C3F1F" xlink:type="arc"/>
<link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_58F92AE60584C2C114F381935F3C3B7F_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_58F92AE60584C2C114F381935F3C3B7F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liabilities and Equity [Abstract] </link:label>
<link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_58F92AE60584C2C114F381935F3C3B7F_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_58F92AE60584C2C114F381935F3C3B7F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities and Equity [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_58F92AE60584C2C114F381935F3C3B7F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LiabilitiesCurrentAbstract_826F2C73B560A8D5931E81935F3C3BCC_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrentAbstract_826F2C73B560A8D5931E81935F3C3BCC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liabilities, Current [Abstract] </link:label>
<link:label id="lab_us-gaap_LiabilitiesCurrentAbstract_826F2C73B560A8D5931E81935F3C3BCC_label_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrentAbstract_826F2C73B560A8D5931E81935F3C3BCC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities, Current [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesCurrentAbstract" xlink:label="loc_us-gaap_LiabilitiesCurrentAbstract_826F2C73B560A8D5931E81935F3C3BCC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesCurrentAbstract_826F2C73B560A8D5931E81935F3C3BCC" xlink:to="lab_us-gaap_LiabilitiesCurrentAbstract_826F2C73B560A8D5931E81935F3C3BCC" xlink:type="arc"/>
<link:label id="lab_us-gaap_AccountsPayableCurrent_4CD5022B80C329973DE081935F3CD1B6_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableCurrent_4CD5022B80C329973DE081935F3CD1B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accounts Payable, Current </link:label>
<link:label id="lab_us-gaap_AccountsPayableCurrent_4CD5022B80C329973DE081935F3CD1B6_label_en-US" xlink:label="lab_us-gaap_AccountsPayableCurrent_4CD5022B80C329973DE081935F3CD1B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounts Payable, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountsPayableCurrent" xlink:label="loc_us-gaap_AccountsPayableCurrent_4CD5022B80C329973DE081935F3CD1B6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsPayableCurrent_4CD5022B80C329973DE081935F3CD1B6" xlink:to="lab_us-gaap_AccountsPayableCurrent_4CD5022B80C329973DE081935F3CD1B6" xlink:type="arc"/>
<link:label id="lab_us-gaap_AccruedLiabilitiesCurrent_BB5F1EB8AC8CFFE9355481935F3C4967_terseLabel_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrent_BB5F1EB8AC8CFFE9355481935F3C4967" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accrued Liabilities, Current </link:label>
<link:label id="lab_us-gaap_AccruedLiabilitiesCurrent_BB5F1EB8AC8CFFE9355481935F3C4967_label_en-US" xlink:label="lab_us-gaap_AccruedLiabilitiesCurrent_BB5F1EB8AC8CFFE9355481935F3C4967" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accrued Liabilities, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccruedLiabilitiesCurrent" xlink:label="loc_us-gaap_AccruedLiabilitiesCurrent_BB5F1EB8AC8CFFE9355481935F3C4967" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccruedLiabilitiesCurrent_BB5F1EB8AC8CFFE9355481935F3C4967" xlink:to="lab_us-gaap_AccruedLiabilitiesCurrent_BB5F1EB8AC8CFFE9355481935F3C4967" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtCurrent_A52A325F4D2C7B0A532881935F3C7189_terseLabel_en-US" xlink:label="lab_us-gaap_DebtCurrent_A52A325F4D2C7B0A532881935F3C7189" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt, Current </link:label>
<link:label id="lab_us-gaap_DebtCurrent_A52A325F4D2C7B0A532881935F3C7189_label_en-US" xlink:label="lab_us-gaap_DebtCurrent_A52A325F4D2C7B0A532881935F3C7189" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtCurrent" xlink:label="loc_us-gaap_DebtCurrent_A52A325F4D2C7B0A532881935F3C7189" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LiabilitiesCurrent_6DA8E117AB626DDB05FD81935F3C0789_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrent_6DA8E117AB626DDB05FD81935F3C0789" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Liabilities, Current </link:label>
<link:label id="lab_us-gaap_LiabilitiesCurrent_6DA8E117AB626DDB05FD81935F3C0789_label_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrent_6DA8E117AB626DDB05FD81935F3C0789" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesCurrent" xlink:label="loc_us-gaap_LiabilitiesCurrent_6DA8E117AB626DDB05FD81935F3C0789" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LongTermDebtNoncurrent_5E0487BA9D06EF4467B681935F3C6F80_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtNoncurrent_5E0487BA9D06EF4467B681935F3C6F80" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Excluding Current Maturities </link:label>
<link:label id="lab_us-gaap_LongTermDebtNoncurrent_5E0487BA9D06EF4467B681935F3C6F80_label_en-US" xlink:label="lab_us-gaap_LongTermDebtNoncurrent_5E0487BA9D06EF4467B681935F3C6F80" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Excluding Current Maturities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="loc_us-gaap_LongTermDebtNoncurrent_5E0487BA9D06EF4467B681935F3C6F80" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DeferredTaxLiabilitiesNoncurrent_37973B2614CC5C24CC4581935F3C58AF_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesNoncurrent_37973B2614CC5C24CC4581935F3C58AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred Tax Liabilities, Net, Noncurrent </link:label>
<link:label id="lab_us-gaap_DeferredTaxLiabilitiesNoncurrent_37973B2614CC5C24CC4581935F3C58AF_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesNoncurrent_37973B2614CC5C24CC4581935F3C58AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Tax Liabilities, Net, Noncurrent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxLiabilitiesNoncurrent" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesNoncurrent_37973B2614CC5C24CC4581935F3C58AF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherLiabilitiesNoncurrent_AC1048CBC9B284D9C28681935F3C302A_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesNoncurrent_AC1048CBC9B284D9C28681935F3C302A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Liabilities, Noncurrent </link:label>
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2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 8/05/22  Procter & Gamble Co.              10-K        6/30/22  109:15M
 8/06/21  Procter & Gamble Co.              10-K        6/30/21  111:15M
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