SEC Info - Procter & Gamble Co - ‘10-Q’ for 3/31/19

SEC Info℠

Home

Help

Please Sign In

Procter & Gamble Co – ‘10-Q’ for 3/31/19 – ‘EX-101.CAL’

On: Tuesday, 4/23/19, at 4:17pm ET · For: 3/31/19 · Accession #: 80424-19-31 · File #: 1-00434

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

 4/23/19  Procter & Gamble Co               10-Q        3/31/19   71:6.9M

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

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        FY 1819 Q3 Jfm 10-Q                                 HTML    620K 
 2: EX-10.1     The Procter & Gamble Performance Stock Program      HTML    109K 
                Summary                                                          
 3: EX-31.1     Exhibit 31.1 Rule 13A-14(A)/15D-14(A)               HTML     30K 
                Certification Chief Executive Officer                            
 4: EX-31.2     Exhibit 31.2 Rule 13A-14(A)/15D-14(A)               HTML     30K 
                Certification Chief Executive Officer                            
 5: EX-32.1     Section 1350 Certification Chief Executive Officer  HTML     25K 
 6: EX-32.2     Section 1350 Certification-Chief Financial Officer  HTML     25K 
13: R1          Document and Entity Information                     HTML     49K 
14: R2          Consolidated Statements of Earnings                 HTML     79K 
15: R3          Condolidated Statements of Comprehensive Income     HTML     53K 
16: R4          Consolidated Balance Sheets                         HTML    123K 
17: R5          Consolidated Statements of Cash Flows               HTML    102K 
18: R6          CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY     HTML    100K 
                Consolidated Statements of Shareholders' Equity                  
                QTD                                                              
19: R7          CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY     HTML    102K 
                Consolidated Statements of Shareholders' Equity                  
                FYTD                                                             
20: R8          CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY     HTML     89K 
                Consolidated Statements of Shareholders' Equity PY               
                QTD                                                              
21: R9          CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY     HTML     89K 
                Consolidated Statements of Shareholders' Equity PY               
                YTD                                                              
22: R10         Basis of Presentation                               HTML     27K 
23: R11         New Accounting Pronouncements and Policies          HTML     40K 
24: R12         Segment Information                                 HTML    119K 
25: R13         Goodwill and Other Intangible Assets                HTML     69K 
26: R14         Earnings Per Share                                  HTML     75K 
27: R15         Share-Based Compensation and Postretirement         HTML     41K 
                Benefits                                                         
28: R16         Risk Management Activities and Fair Value           HTML    112K 
                Measurements                                                     
29: R17         Accumulated Other Comprehensive Income (Loss)       HTML     61K 
30: R18         Restructuring Program                               HTML     70K 
31: R19         Commitments and Contingencies                       HTML     29K 
32: R20         Acquisition                                         HTML     55K 
33: R21         Segment Information (Tables)                        HTML    117K 
34: R22         Goodwill and Other Intangible Assets (Tables)       HTML     64K 
35: R23         Earnings Per Share (Tables)                         HTML     74K 
36: R24         Share-Based Compensation and Postretirement         HTML     39K 
                Benefits (Tables)                                                
37: R25         Risk Management Activities and Fair Value           HTML    116K 
                Measurements (Tables)                                            
38: R26         Accumulated Other Comprehensive Income (Loss)       HTML     59K 
                (Tables)                                                         
39: R27         Restructuring Program (Tables)                      HTML     68K 
40: R28         Acquisition - Allocation of Purchase Price          HTML     38K 
                (Tables)                                                         
41: R29         Acquisition - Fair Value of Intangibles (Tables)    HTML     36K 
42: R30         Summary of Significant Accounting Policies -        HTML     34K 
                Additional Information (Details)                                 
43: R31         New Accounting Pronouncements and Policies - U.S.   HTML     42K 
                Tax Reform (Details)                                             
44: R32         Segment Information Segment Information - Sales     HTML     51K 
                (Details)                                                        
45: R33         Segment Information (Details)                       HTML     51K 
46: R34         Goodwill and Other Intangible Assets - Change in    HTML     45K 
                the Net Carrying Amount of Goodwill by Global                    
                Business Unit (Details)                                          
47: R35         Goodwill and Other Intangible Assets -              HTML     32K 
                Identifiable Intangible Assets (Details)                         
48: R36         Goodwill and Other Intangible Assets - Additional   HTML     38K 
                Information (Details)                                            
49: R37         Goodwill and Other Intangible Assets - Fair Value   HTML     34K 
                Sensitivity (Details)                                            
50: R38         Earnings Per Share (Details)                        HTML     69K 
51: R39         Earnings Per Share - Antidilutive Securities        HTML     29K 
                (Details)                                                        
52: R40         Share-Based Compensation and Postretirement         HTML     37K 
                Benefits (Details)                                               
53: R41         Risk Management Activities and Fair Value           HTML     29K 
                Measurements - Assets and Liabilities Measured on                
                A Recurring Basis (Details)                                      
54: R42         Risk Management Activities and Fair Value           HTML     45K 
                Measurements - Schedule of Derivative Instruments                
                (Details)                                                        
55: R43         Risk Management Activities and Fair Value           HTML     37K 
                Measurements - Derivative Instruments, Effect on                 
                Other Comprehensive Income (Loss) (Details)                      
56: R44         Risk Management Activities and Fair Value           HTML     28K 
                Measurements - Derivative Instruments, Effect on                 
                Other Comprehensive Income (Loss) - Additional                   
                Information (Details)                                            
57: R45         Risk Management Activities and Fair Value           HTML     32K 
                Measurements - Derivative Instruments Gain (Loss)                
                (Details)                                                        
58: R46         Risk Management Activities and Fair Value           HTML     46K 
                Measurements - Additional Information (Details)                  
59: R47         Accumulated Other Comprehensive Income (Loss) -     HTML     64K 
                Changes in Aoci and Reclassification Out of Aoci                 
                (Details)                                                        
60: R48         Accumulated Other Comprehensive Income (Loss) -     HTML     35K 
                Net of Tax Expense (Benefit) (Details)                           
61: R49         Restructuring Program - Additional Information      HTML     38K 
                (Details)                                                        
62: R50         Restructuring Program - Restructuring Reserve by    HTML     47K 
                Type of Costs (Details)                                          
63: R51         Restructuring Program - Restructuring Costs Per     HTML     42K 
                Segment (Details)                                                
64: R52         Commitments and Contingencies - Additional          HTML     29K 
                Information (Details)                                            
65: R53         Acquisition - Allocation of Purchase Price          HTML     59K 
                (Details)                                                        
66: R54         Acquisition Acquisition - Fair Value of             HTML     45K 
                Intangibles (Details)                                            
67: R55         Acquisition - Additional Information (Details)      HTML     61K 
68: R9999       Uncategorized Items - pg-20190331.xml               HTML     89K 
70: XML         IDEA XML File -- Filing Summary                      XML    127K 
69: EXCEL       IDEA Workbook of Financial Reports                  XLSX     72K 
 7: EX-101.INS  XBRL Instance -- pg-20190331                         XML   2.06M 
 9: EX-101.CAL  XBRL Calculations -- pg-20190331_cal                 XML    164K 
10: EX-101.DEF  XBRL Definitions -- pg-20190331_def                  XML    773K 
11: EX-101.LAB  XBRL Labels -- pg-20190331_lab                       XML   1.18M 
12: EX-101.PRE  XBRL Presentations -- pg-20190331_pre                XML    915K 
 8: EX-101.SCH  XBRL Schema -- pg-20190331                           XSD    131K 
71: ZIP         XBRL Zipped Folder -- 0000080424-19-000031-xbrl      Zip    191K

‘EX-101.CAL’ — XBRL Calculations — pg-20190331_cal

This Exhibit is an XBRL XML File.

<?xml version="1.0" encoding="windows-1252"?>

<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">

<link:roleRef roleURI="http://www.pg.com/role/AccumulatedOtherComprehensiveIncomeLoss" xlink:href="pg-20190331.xsd#AccumulatedOtherComprehensiveIncomeLoss" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/AccumulatedOtherComprehensiveIncomeLossChangesInAociAndReclassificationOutOfAociDetails" xlink:href="pg-20190331.xsd#AccumulatedOtherComprehensiveIncomeLossChangesInAociAndReclassificationOutOfAociDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/AccumulatedOtherComprehensiveIncomeLossNetOfTaxExpenseBenefitDetails" xlink:href="pg-20190331.xsd#AccumulatedOtherComprehensiveIncomeLossNetOfTaxExpenseBenefitDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/AccumulatedOtherComprehensiveIncomeLossTables" xlink:href="pg-20190331.xsd#AccumulatedOtherComprehensiveIncomeLossTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/Acquisition" xlink:href="pg-20190331.xsd#Acquisition" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/AcquisitionAcquisitionFairValueOfIntangiblesDetails" xlink:href="pg-20190331.xsd#AcquisitionAcquisitionFairValueOfIntangiblesDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/AcquisitionAdditionalInformationDetails" xlink:href="pg-20190331.xsd#AcquisitionAdditionalInformationDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/AcquisitionAllocationOfPurchasePriceDetails" xlink:href="pg-20190331.xsd#AcquisitionAllocationOfPurchasePriceDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/AcquisitionAllocationOfPurchasePriceTables" xlink:href="pg-20190331.xsd#AcquisitionAllocationOfPurchasePriceTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/AcquisitionFairValueOfIntangiblesTables" xlink:href="pg-20190331.xsd#AcquisitionFairValueOfIntangiblesTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/BasisOfPresentation" xlink:href="pg-20190331.xsd#BasisOfPresentation" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/CommitmentsAndContingencies" xlink:href="pg-20190331.xsd#CommitmentsAndContingencies" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/CommitmentsAndContingenciesAdditionalInformationDetails" xlink:href="pg-20190331.xsd#CommitmentsAndContingenciesAdditionalInformationDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/CondolidatedStatementsOfComprehensiveIncome" xlink:href="pg-20190331.xsd#CondolidatedStatementsOfComprehensiveIncome" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/ConsolidatedBalanceSheets" xlink:href="pg-20190331.xsd#ConsolidatedBalanceSheets" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/ConsolidatedStatementsOfCashFlows" xlink:href="pg-20190331.xsd#ConsolidatedStatementsOfCashFlows" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/ConsolidatedStatementsOfEarnings" xlink:href="pg-20190331.xsd#ConsolidatedStatementsOfEarnings" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/ConsolidatedStatementsOfShareholdersEquityConsolidatedStatementsOfShareholdersEquityFytd" xlink:href="pg-20190331.xsd#ConsolidatedStatementsOfShareholdersEquityConsolidatedStatementsOfShareholdersEquityFytd" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/ConsolidatedStatementsOfShareholdersEquityConsolidatedStatementsOfShareholdersEquityPyQtd" xlink:href="pg-20190331.xsd#ConsolidatedStatementsOfShareholdersEquityConsolidatedStatementsOfShareholdersEquityPyQtd" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/ConsolidatedStatementsOfShareholdersEquityConsolidatedStatementsOfShareholdersEquityPyYtd" xlink:href="pg-20190331.xsd#ConsolidatedStatementsOfShareholdersEquityConsolidatedStatementsOfShareholdersEquityPyYtd" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/ConsolidatedStatementsOfShareholdersEquityConsolidatedStatementsOfShareholdersEquityQtd" xlink:href="pg-20190331.xsd#ConsolidatedStatementsOfShareholdersEquityConsolidatedStatementsOfShareholdersEquityQtd" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/DocumentAndEntityInformation" xlink:href="pg-20190331.xsd#DocumentAndEntityInformation" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/EarningsPerShare" xlink:href="pg-20190331.xsd#EarningsPerShare" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/EarningsPerShareAntidilutiveSecuritiesDetails" xlink:href="pg-20190331.xsd#EarningsPerShareAntidilutiveSecuritiesDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/EarningsPerShareDetails" xlink:href="pg-20190331.xsd#EarningsPerShareDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/EarningsPerShareTables" xlink:href="pg-20190331.xsd#EarningsPerShareTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/GoodwillAndOtherIntangibleAssets" xlink:href="pg-20190331.xsd#GoodwillAndOtherIntangibleAssets" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/GoodwillAndOtherIntangibleAssetsAdditionalInformationDetails" xlink:href="pg-20190331.xsd#GoodwillAndOtherIntangibleAssetsAdditionalInformationDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/GoodwillAndOtherIntangibleAssetsChangeInNetCarryingAmountOfGoodwillByGlobalBusinessUnitDetails" xlink:href="pg-20190331.xsd#GoodwillAndOtherIntangibleAssetsChangeInNetCarryingAmountOfGoodwillByGlobalBusinessUnitDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/GoodwillAndOtherIntangibleAssetsFairValueSensitivityDetails" xlink:href="pg-20190331.xsd#GoodwillAndOtherIntangibleAssetsFairValueSensitivityDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/GoodwillAndOtherIntangibleAssetsIdentifiableIntangibleAssetsDetails" xlink:href="pg-20190331.xsd#GoodwillAndOtherIntangibleAssetsIdentifiableIntangibleAssetsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/GoodwillAndOtherIntangibleAssetsTables" xlink:href="pg-20190331.xsd#GoodwillAndOtherIntangibleAssetsTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/NewAccountingPronouncementsAndPolicies" xlink:href="pg-20190331.xsd#NewAccountingPronouncementsAndPolicies" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/NewAccountingPronouncementsAndPoliciesUSTaxReformDetails" xlink:href="pg-20190331.xsd#NewAccountingPronouncementsAndPoliciesUSTaxReformDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/RestructuringProgram" xlink:href="pg-20190331.xsd#RestructuringProgram" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/RestructuringProgramAdditionalInformationDetails" xlink:href="pg-20190331.xsd#RestructuringProgramAdditionalInformationDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/RestructuringProgramRestructuringCostsPerSegmentDetails" xlink:href="pg-20190331.xsd#RestructuringProgramRestructuringCostsPerSegmentDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/RestructuringProgramRestructuringReserveByTypeOfCostsDetails" xlink:href="pg-20190331.xsd#RestructuringProgramRestructuringReserveByTypeOfCostsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/RestructuringProgramTables" xlink:href="pg-20190331.xsd#RestructuringProgramTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/RiskManagementActivitiesAndFairValueMeasurements" xlink:href="pg-20190331.xsd#RiskManagementActivitiesAndFairValueMeasurements" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/RiskManagementActivitiesAndFairValueMeasurementsAdditionalInformationDetails" xlink:href="pg-20190331.xsd#RiskManagementActivitiesAndFairValueMeasurementsAdditionalInformationDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/RiskManagementActivitiesAndFairValueMeasurementsAssetsAndLiabilitiesMeasuredOnRecurringBasisDetails" xlink:href="pg-20190331.xsd#RiskManagementActivitiesAndFairValueMeasurementsAssetsAndLiabilitiesMeasuredOnRecurringBasisDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/RiskManagementActivitiesAndFairValueMeasurementsDerivativeInstrumentsEffectOnOtherComprehensiveIncomeLossAdditionalInformationDetails" xlink:href="pg-20190331.xsd#RiskManagementActivitiesAndFairValueMeasurementsDerivativeInstrumentsEffectOnOtherComprehensiveIncomeLossAdditionalInformationDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/RiskManagementActivitiesAndFairValueMeasurementsDerivativeInstrumentsEffectOnOtherComprehensiveIncomeLossDetails" xlink:href="pg-20190331.xsd#RiskManagementActivitiesAndFairValueMeasurementsDerivativeInstrumentsEffectOnOtherComprehensiveIncomeLossDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/RiskManagementActivitiesAndFairValueMeasurementsDerivativeInstrumentsGainLossDetails" xlink:href="pg-20190331.xsd#RiskManagementActivitiesAndFairValueMeasurementsDerivativeInstrumentsGainLossDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/RiskManagementActivitiesAndFairValueMeasurementsScheduleOfDerivativeInstrumentsDetails" xlink:href="pg-20190331.xsd#RiskManagementActivitiesAndFairValueMeasurementsScheduleOfDerivativeInstrumentsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/RiskManagementActivitiesAndFairValueMeasurementsTables" xlink:href="pg-20190331.xsd#RiskManagementActivitiesAndFairValueMeasurementsTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/SegmentInformation" xlink:href="pg-20190331.xsd#SegmentInformation" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/SegmentInformationDetails" xlink:href="pg-20190331.xsd#SegmentInformationDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/SegmentInformationSegmentInformationSalesDetails" xlink:href="pg-20190331.xsd#SegmentInformationSegmentInformationSalesDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/SegmentInformationTables" xlink:href="pg-20190331.xsd#SegmentInformationTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/ShareBasedCompensationAndPostretirementBenefits" xlink:href="pg-20190331.xsd#ShareBasedCompensationAndPostretirementBenefits" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/ShareBasedCompensationAndPostretirementBenefitsDetails" xlink:href="pg-20190331.xsd#ShareBasedCompensationAndPostretirementBenefitsDetails" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/ShareBasedCompensationAndPostretirementBenefitsTables" xlink:href="pg-20190331.xsd#ShareBasedCompensationAndPostretirementBenefitsTables" xlink:type="simple"/>

<link:roleRef roleURI="http://www.pg.com/role/SummaryOfSignificantAccountingPoliciesAdditionalInformationDetails" xlink:href="pg-20190331.xsd#SummaryOfSignificantAccountingPoliciesAdditionalInformationDetails" xlink:type="simple"/>

<link:calculationLink xlink:role="http://www.pg.com/role/AccumulatedOtherComprehensiveIncomeLoss" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/AccumulatedOtherComprehensiveIncomeLossChangesInAociAndReclassificationOutOfAociDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/AccumulatedOtherComprehensiveIncomeLossNetOfTaxExpenseBenefitDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/AccumulatedOtherComprehensiveIncomeLossTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/Acquisition" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/AcquisitionAcquisitionFairValueOfIntangiblesDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/AcquisitionAdditionalInformationDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/AcquisitionAllocationOfPurchasePriceDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/AcquisitionAllocationOfPurchasePriceTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/AcquisitionFairValueOfIntangiblesTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/BasisOfPresentation" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/CommitmentsAndContingencies" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/CommitmentsAndContingenciesAdditionalInformationDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/CondolidatedStatementsOfComprehensiveIncome" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_cf605d39-9067-2f07-a6b5-7dfa6481009e" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_0e67d263-6e0f-cbd4-f553-6c8cebeb68d8" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_cf605d39-9067-2f07-a6b5-7dfa6481009e" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_0e67d263-6e0f-cbd4-f553-6c8cebeb68d8" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_8aa68cfb-2df7-9a23-d1ed-4fe33385b4a2" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_0e67d263-6e0f-cbd4-f553-6c8cebeb68d8" xlink:to="loc_us-gaap_ProfitLoss_8aa68cfb-2df7-9a23-d1ed-4fe33385b4a2" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_e68ce304-18e4-96c0-3260-363a872863db" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_0e67d263-6e0f-cbd4-f553-6c8cebeb68d8" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_e68ce304-18e4-96c0-3260-363a872863db" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_b087c8bb-e0f6-4c7f-883c-027f52d32745" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_e68ce304-18e4-96c0-3260-363a872863db" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_b087c8bb-e0f6-4c7f-883c-027f52d32745" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_f44275a4-2994-4281-73e3-0fa77d53374b" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_e68ce304-18e4-96c0-3260-363a872863db" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_f44275a4-2994-4281-73e3-0fa77d53374b" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_7f6d9e2c-c748-5cf7-7279-5c01f0cb27b7" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_e68ce304-18e4-96c0-3260-363a872863db" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_7f6d9e2c-c748-5cf7-7279-5c01f0cb27b7" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_e83cd656-9fce-43ca-6f7c-1be78bef4068" xlink:type="locator"/>

<link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_e68ce304-18e4-96c0-3260-363a872863db" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_e83cd656-9fce-43ca-6f7c-1be78bef4068" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_ff106bf5-082b-8f58-cc36-c7f91866b7d3" xlink:type="locator"/>

<link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_cf605d39-9067-2f07-a6b5-7dfa6481009e" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_ff106bf5-082b-8f58-cc36-c7f91866b7d3" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.pg.com/role/ConsolidatedBalanceSheets" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AssetsCurrent" xlink:label="loc_us-gaap_AssetsCurrent_d79dcc1c-93de-0ecd-2bd5-7c1f224c9b98" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_us-gaap_AssetsCurrent_d79dcc1c-93de-0ecd-2bd5-7c1f224c9b98" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_32f41ea9-05c6-e713-464b-586a571d1c1f" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_d79dcc1c-93de-0ecd-2bd5-7c1f224c9b98" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_32f41ea9-05c6-e713-464b-586a571d1c1f" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesCurrent_779d1d70-872c-880a-786f-5c7c2a455084" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_d79dcc1c-93de-0ecd-2bd5-7c1f224c9b98" xlink:to="loc_us-gaap_AvailableForSaleSecuritiesCurrent_779d1d70-872c-880a-786f-5c7c2a455084" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccountsReceivableNetCurrent" xlink:label="loc_us-gaap_AccountsReceivableNetCurrent_928a1618-af56-709a-989c-a303706b8ca2" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_d79dcc1c-93de-0ecd-2bd5-7c1f224c9b98" xlink:to="loc_us-gaap_AccountsReceivableNetCurrent_928a1618-af56-709a-989c-a303706b8ca2" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InventoryNet" xlink:label="loc_us-gaap_InventoryNet_66bcd79a-a1c3-c24d-b8b4-7a0ce373714b" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_d79dcc1c-93de-0ecd-2bd5-7c1f224c9b98" xlink:to="loc_us-gaap_InventoryNet_66bcd79a-a1c3-c24d-b8b4-7a0ce373714b" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InventoryRawMaterialsAndSuppliesNetOfReserves" xlink:label="loc_us-gaap_InventoryRawMaterialsAndSuppliesNetOfReserves_b1399fc2-f1bd-2a05-e4cb-8c363da2af9e" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_InventoryNet_66bcd79a-a1c3-c24d-b8b4-7a0ce373714b" xlink:to="loc_us-gaap_InventoryRawMaterialsAndSuppliesNetOfReserves_b1399fc2-f1bd-2a05-e4cb-8c363da2af9e" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InventoryWorkInProcessNetOfReserves" xlink:label="loc_us-gaap_InventoryWorkInProcessNetOfReserves_02cb866c-0b1c-51f5-8ed3-3272dfc8c769" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_InventoryNet_66bcd79a-a1c3-c24d-b8b4-7a0ce373714b" xlink:to="loc_us-gaap_InventoryWorkInProcessNetOfReserves_02cb866c-0b1c-51f5-8ed3-3272dfc8c769" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InventoryFinishedGoodsNetOfReserves" xlink:label="loc_us-gaap_InventoryFinishedGoodsNetOfReserves_c2dd0840-de07-383b-bde9-fb229532490d" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_InventoryNet_66bcd79a-a1c3-c24d-b8b4-7a0ce373714b" xlink:to="loc_us-gaap_InventoryFinishedGoodsNetOfReserves_c2dd0840-de07-383b-bde9-fb229532490d" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PrepaidExpenseAndOtherAssetsCurrent" xlink:label="loc_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_ce9014ac-0ac4-6ed2-b53f-a0edc046d6b4" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_d79dcc1c-93de-0ecd-2bd5-7c1f224c9b98" xlink:to="loc_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_ce9014ac-0ac4-6ed2-b53f-a0edc046d6b4" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_f37ad080-c77a-efc5-c936-389b16abc420" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentNet_f37ad080-c77a-efc5-c936-389b16abc420" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_831ad0b9-9dba-3997-20e6-e99a19aa28db" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_us-gaap_Goodwill_831ad0b9-9dba-3997-20e6-e99a19aa28db" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_af012273-e8ee-655c-daa2-86b96989d377" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_af012273-e8ee-655c-daa2-86b96989d377" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherAssetsNoncurrent" xlink:label="loc_us-gaap_OtherAssetsNoncurrent_ddb0d184-2205-2a10-5b0e-faf2ccd717ae" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_96dd7052-744e-d270-4e77-67944ec39152" xlink:to="loc_us-gaap_OtherAssetsNoncurrent_ddb0d184-2205-2a10-5b0e-faf2ccd717ae" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_63817d40-f759-fa9c-45a5-8bbbb36ed5c9" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_066608da-f041-4af6-3da0-95354b640e11" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_63817d40-f759-fa9c-45a5-8bbbb36ed5c9" xlink:to="loc_us-gaap_Liabilities_066608da-f041-4af6-3da0-95354b640e11" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LiabilitiesCurrent" xlink:label="loc_us-gaap_LiabilitiesCurrent_2dcbbde2-9146-a0ba-7f6c-c71b481e0841" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_066608da-f041-4af6-3da0-95354b640e11" xlink:to="loc_us-gaap_LiabilitiesCurrent_2dcbbde2-9146-a0ba-7f6c-c71b481e0841" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccountsPayableCurrent" xlink:label="loc_us-gaap_AccountsPayableCurrent_c2c48170-d0ff-2c37-effc-ff5f53e30dcb" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_2dcbbde2-9146-a0ba-7f6c-c71b481e0841" xlink:to="loc_us-gaap_AccountsPayableCurrent_c2c48170-d0ff-2c37-effc-ff5f53e30dcb" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccruedLiabilitiesCurrent" xlink:label="loc_us-gaap_AccruedLiabilitiesCurrent_8422f2c5-408e-d123-b935-f3115e023941" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_2dcbbde2-9146-a0ba-7f6c-c71b481e0841" xlink:to="loc_us-gaap_AccruedLiabilitiesCurrent_8422f2c5-408e-d123-b935-f3115e023941" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtCurrent" xlink:label="loc_us-gaap_DebtCurrent_8f5a3111-d5cb-a384-b222-de3b1f0ebb53" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_2dcbbde2-9146-a0ba-7f6c-c71b481e0841" xlink:to="loc_us-gaap_DebtCurrent_8f5a3111-d5cb-a384-b222-de3b1f0ebb53" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="loc_us-gaap_LongTermDebtNoncurrent_fcfc6b17-bfc5-2ebc-3fc1-751aa446a572" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_066608da-f041-4af6-3da0-95354b640e11" xlink:to="loc_us-gaap_LongTermDebtNoncurrent_fcfc6b17-bfc5-2ebc-3fc1-751aa446a572" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxLiabilitiesNoncurrent" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesNoncurrent_6b1efbc2-e859-9fbd-c572-2f4147498390" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_066608da-f041-4af6-3da0-95354b640e11" xlink:to="loc_us-gaap_DeferredTaxLiabilitiesNoncurrent_6b1efbc2-e859-9fbd-c572-2f4147498390" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherLiabilitiesNoncurrent" xlink:label="loc_us-gaap_OtherLiabilitiesNoncurrent_bba08e5f-78e8-6c25-01a4-6720051135cc" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_066608da-f041-4af6-3da0-95354b640e11" xlink:to="loc_us-gaap_OtherLiabilitiesNoncurrent_bba08e5f-78e8-6c25-01a4-6720051135cc" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_e0c0480e-e6f5-c4df-ce25-1ffa4a8c827a" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_63817d40-f759-fa9c-45a5-8bbbb36ed5c9" xlink:to="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_e0c0480e-e6f5-c4df-ce25-1ffa4a8c827a" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="loc_us-gaap_PreferredStockValue_ea289a9d-deba-2cde-21e4-3d0ae7a1f011" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_e0c0480e-e6f5-c4df-ce25-1ffa4a8c827a" xlink:to="loc_us-gaap_PreferredStockValue_ea289a9d-deba-2cde-21e4-3d0ae7a1f011" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_aefe3f0c-abe4-5b83-9a64-da77d8e253dd" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_e0c0480e-e6f5-c4df-ce25-1ffa4a8c827a" xlink:to="loc_us-gaap_CommonStockValue_aefe3f0c-abe4-5b83-9a64-da77d8e253dd" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="loc_us-gaap_AdditionalPaidInCapital_6dca832a-861c-478d-b1a0-396533beb40d" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_e0c0480e-e6f5-c4df-ce25-1ffa4a8c827a" xlink:to="loc_us-gaap_AdditionalPaidInCapital_6dca832a-861c-478d-b1a0-396533beb40d" xlink:type="arc"/>

<link:loc xlink:href="pg-20190331.xsd#pg_ReserveForEsopDebtRetirement" xlink:label="loc_pg_ReserveForEsopDebtRetirement_50c9cf22-c614-45b5-e667-7c42cc5a6426" xlink:type="locator"/>

<link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_e0c0480e-e6f5-c4df-ce25-1ffa4a8c827a" xlink:to="loc_pg_ReserveForEsopDebtRetirement_50c9cf22-c614-45b5-e667-7c42cc5a6426" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_798442bf-12e1-d944-3fa1-8b797b67482e" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_e0c0480e-e6f5-c4df-ce25-1ffa4a8c827a" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_798442bf-12e1-d944-3fa1-8b797b67482e" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="loc_us-gaap_TreasuryStockValue_70b30340-b55c-aed7-73f5-36d397294f84" xlink:type="locator"/>

<link:calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_e0c0480e-e6f5-c4df-ce25-1ffa4a8c827a" xlink:to="loc_us-gaap_TreasuryStockValue_70b30340-b55c-aed7-73f5-36d397294f84" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_a59bc5ae-63a0-c9bc-32f7-e2bd9f32bd26" xlink:type="locator"/>

<link:calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_e0c0480e-e6f5-c4df-ce25-1ffa4a8c827a" xlink:to="loc_us-gaap_RetainedEarningsAccumulatedDeficit_a59bc5ae-63a0-c9bc-32f7-e2bd9f32bd26" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MinorityInterest" xlink:label="loc_us-gaap_MinorityInterest_a9feabf5-0bf0-3efe-740e-f5e41a4b3194" xlink:type="locator"/>

<link:calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_e0c0480e-e6f5-c4df-ce25-1ffa4a8c827a" xlink:to="loc_us-gaap_MinorityInterest_a9feabf5-0bf0-3efe-740e-f5e41a4b3194" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.pg.com/role/ConsolidatedStatementsOfCashFlows" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_ad8f5587-cd30-97dd-9cf0-81ed4f58516c" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_ad8f5587-cd30-97dd-9cf0-81ed4f58516c" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:type="arc"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_ProfitLoss_8aa68cfb-2df7-9a23-d1ed-4fe33385b4a2" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DepreciationAndAmortization" xlink:label="loc_us-gaap_DepreciationAndAmortization_97b88949-d4fc-dff4-be7f-d39018557f4e" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_DepreciationAndAmortization_97b88949-d4fc-dff4-be7f-d39018557f4e" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_90cbc3ab-f555-6407-b3b4-b2bfa84c9f18" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_ShareBasedCompensation_90cbc3ab-f555-6407-b3b4-b2bfa84c9f18" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_e8a9abf2-38d3-77d1-fb6b-693fef632294" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_e8a9abf2-38d3-77d1-fb6b-693fef632294" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GainLossOnDispositionOfAssets1" xlink:label="loc_us-gaap_GainLossOnDispositionOfAssets1_d98f2ddb-80a6-3621-3b7b-a9eb2bffa58f" xlink:type="locator"/>

<link:calculationArc order="5" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_GainLossOnDispositionOfAssets1_d98f2ddb-80a6-3621-3b7b-a9eb2bffa58f" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_5f96c19e-85fe-99f6-cec0-c2c9d7470ed4" xlink:type="locator"/>

<link:calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_5f96c19e-85fe-99f6-cec0-c2c9d7470ed4" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInInventories" xlink:label="loc_us-gaap_IncreaseDecreaseInInventories_334f1d33-7cae-7fd2-9d83-bb387fc2f3dd" xlink:type="locator"/>

<link:calculationArc order="7" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_IncreaseDecreaseInInventories_334f1d33-7cae-7fd2-9d83-bb387fc2f3dd" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_91c354d1-d18f-051e-80cb-f13c01058b9d" xlink:type="locator"/>

<link:calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_91c354d1-d18f-051e-80cb-f13c01058b9d" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_a9646808-098c-8496-e17a-df690055019e" xlink:type="locator"/>

<link:calculationArc order="9" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_a9646808-098c-8496-e17a-df690055019e" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherNoncashExpense" xlink:label="loc_us-gaap_OtherNoncashExpense_bf4a3ce7-e246-fb5b-c70d-5721de82bc75" xlink:type="locator"/>

<link:calculationArc order="10" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_1bd0bd4e-4a6f-b052-029c-0ecb0c520251" xlink:to="loc_us-gaap_OtherNoncashExpense_bf4a3ce7-e246-fb5b-c70d-5721de82bc75" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_ad8f5587-cd30-97dd-9cf0-81ed4f58516c" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_6d89f221-3ede-36b2-fcad-4a4ce1606f6a" xlink:type="locator"/>

<link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_6d89f221-3ede-36b2-fcad-4a4ce1606f6a" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromSaleOfProductiveAssets" xlink:label="loc_us-gaap_ProceedsFromSaleOfProductiveAssets_22d4264a-c9a9-de0b-92b4-2261a21c1a6a" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_ProceedsFromSaleOfProductiveAssets_22d4264a-c9a9-de0b-92b4-2261a21c1a6a" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsForProceedsFromBusinessesAndInterestInAffiliates" xlink:label="loc_us-gaap_PaymentsForProceedsFromBusinessesAndInterestInAffiliates_f5c47783-15bf-0621-8419-ec5b8f8df9dd" xlink:type="locator"/>

<link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_PaymentsForProceedsFromBusinessesAndInterestInAffiliates_f5c47783-15bf-0621-8419-ec5b8f8df9dd" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToAcquireShortTermInvestments" xlink:label="loc_us-gaap_PaymentsToAcquireShortTermInvestments_be1e089d-7248-1092-ce64-fb2f29251191" xlink:type="locator"/>

<link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_PaymentsToAcquireShortTermInvestments_be1e089d-7248-1092-ce64-fb2f29251191" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromSaleOfShortTermInvestments" xlink:label="loc_us-gaap_ProceedsFromSaleOfShortTermInvestments_770a1311-e7a6-f51d-9210-badc4db6ccdb" xlink:type="locator"/>

<link:calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_ProceedsFromSaleOfShortTermInvestments_770a1311-e7a6-f51d-9210-badc4db6ccdb" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsForProceedsFromInvestments" xlink:label="loc_us-gaap_PaymentsForProceedsFromInvestments_7195f44f-7ebf-9a11-2e1c-81aa8617d2d4" xlink:type="locator"/>

<link:calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_28655e34-499f-b7bf-c54f-5de0990d0c65" xlink:to="loc_us-gaap_PaymentsForProceedsFromInvestments_7195f44f-7ebf-9a11-2e1c-81aa8617d2d4" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_ad8f5587-cd30-97dd-9cf0-81ed4f58516c" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="loc_us-gaap_PaymentsOfDividends_13cc8818-e792-6246-5e41-c56e1150a319" xlink:type="locator"/>

<link:calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:to="loc_us-gaap_PaymentsOfDividends_13cc8818-e792-6246-5e41-c56e1150a319" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfShortTermDebt" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_0ad26e66-f00d-eb22-5d27-4b24aacf3047" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:to="loc_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_0ad26e66-f00d-eb22-5d27-4b24aacf3047" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfOtherLongTermDebt" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfOtherLongTermDebt_1c225182-0b30-5b77-d12a-ea7d8872d403" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:to="loc_us-gaap_ProceedsFromRepaymentsOfOtherLongTermDebt_1c225182-0b30-5b77-d12a-ea7d8872d403" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="loc_us-gaap_RepaymentsOfLongTermDebt_cfa1e746-5920-c3b5-33ed-a7dee018f26c" xlink:type="locator"/>

<link:calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:to="loc_us-gaap_RepaymentsOfLongTermDebt_cfa1e746-5920-c3b5-33ed-a7dee018f26c" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_d4a92697-d008-996b-823a-bd9a56a04b3a" xlink:type="locator"/>

<link:calculationArc order="5" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:to="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_d4a92697-d008-996b-823a-bd9a56a04b3a" xlink:type="arc"/>

<link:loc xlink:href="pg-20190331.xsd#pg_ProceedsFromStockOptionsExercisedAndOtherFinancingActivities" xlink:label="loc_pg_ProceedsFromStockOptionsExercisedAndOtherFinancingActivities_a6db0366-69ea-821b-3c79-7c42cc6a15fa" xlink:type="locator"/>

<link:calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_d8917e24-06dd-060d-a290-e426c7895e54" xlink:to="loc_pg_ProceedsFromStockOptionsExercisedAndOtherFinancingActivities_a6db0366-69ea-821b-3c79-7c42cc6a15fa" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents" xlink:label="loc_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_e0089888-8677-d95e-95e6-00fe630f2dcb" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_ad8f5587-cd30-97dd-9cf0-81ed4f58516c" xlink:to="loc_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_e0089888-8677-d95e-95e6-00fe630f2dcb" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.pg.com/role/ConsolidatedStatementsOfEarnings" xlink:type="extended">

<link:loc xlink:href="pg-20190331.xsd#pg_IncomeLossFromContinuingOperationsBeforeIncomeTaxes" xlink:label="loc_pg_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_c935c363-ec3d-6b15-0e8c-7c42cc643e67" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaap_OperatingIncomeLoss_5c890570-5904-7978-36d8-35b96dcf45ab" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_pg_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_c935c363-ec3d-6b15-0e8c-7c42cc643e67" xlink:to="loc_us-gaap_OperatingIncomeLoss_5c890570-5904-7978-36d8-35b96dcf45ab" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_435f940b-a471-4122-5132-a245458f6913" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingIncomeLoss_5c890570-5904-7978-36d8-35b96dcf45ab" xlink:to="loc_us-gaap_Revenues_435f940b-a471-4122-5132-a245458f6913" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CostOfGoodsAndServicesSold" xlink:label="loc_us-gaap_CostOfGoodsAndServicesSold_1c65a201-fd8e-32d7-dad9-c6d1d5719594" xlink:type="locator"/>

<link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingIncomeLoss_5c890570-5904-7978-36d8-35b96dcf45ab" xlink:to="loc_us-gaap_CostOfGoodsAndServicesSold_1c65a201-fd8e-32d7-dad9-c6d1d5719594" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_SellingGeneralAndAdministrativeExpense_693c47dd-e6fa-9c85-6a65-7baa26f76b5e" xlink:type="locator"/>

<link:calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingIncomeLoss_5c890570-5904-7978-36d8-35b96dcf45ab" xlink:to="loc_us-gaap_SellingGeneralAndAdministrativeExpense_693c47dd-e6fa-9c85-6a65-7baa26f76b5e" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_a56b34b7-57ab-a07c-7f03-8366849a14f0" xlink:type="locator"/>

<link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_pg_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_c935c363-ec3d-6b15-0e8c-7c42cc643e67" xlink:to="loc_us-gaap_InterestExpense_a56b34b7-57ab-a07c-7f03-8366849a14f0" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InvestmentIncomeInterest" xlink:label="loc_us-gaap_InvestmentIncomeInterest_5fcda05e-5b0d-7f20-111d-115dec47eebc" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_pg_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_c935c363-ec3d-6b15-0e8c-7c42cc643e67" xlink:to="loc_us-gaap_InvestmentIncomeInterest_5fcda05e-5b0d-7f20-111d-115dec47eebc" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherNonoperatingIncomeExpense" xlink:label="loc_us-gaap_OtherNonoperatingIncomeExpense_41e96f8d-e499-8de8-69a8-27f1c7d4df6e" xlink:type="locator"/>

<link:calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_pg_IncomeLossFromContinuingOperationsBeforeIncomeTaxes_c935c363-ec3d-6b15-0e8c-7c42cc643e67" xlink:to="loc_us-gaap_OtherNonoperatingIncomeExpense_41e96f8d-e499-8de8-69a8-27f1c7d4df6e" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_a10eea14-f4db-3125-d183-77bb54500e95" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_a10eea14-f4db-3125-d183-77bb54500e95" xlink:to="loc_us-gaap_ProfitLoss_8aa68cfb-2df7-9a23-d1ed-4fe33385b4a2" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_f5ae002e-8316-7bc0-1b41-6cd171b53db3" xlink:type="locator"/>

<link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_a10eea14-f4db-3125-d183-77bb54500e95" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_f5ae002e-8316-7bc0-1b41-6cd171b53db3" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.pg.com/role/ConsolidatedStatementsOfShareholdersEquityConsolidatedStatementsOfShareholdersEquityFytd" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/ConsolidatedStatementsOfShareholdersEquityConsolidatedStatementsOfShareholdersEquityPyQtd" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/ConsolidatedStatementsOfShareholdersEquityConsolidatedStatementsOfShareholdersEquityPyYtd" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/ConsolidatedStatementsOfShareholdersEquityConsolidatedStatementsOfShareholdersEquityQtd" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/DocumentAndEntityInformation" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/EarningsPerShare" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/EarningsPerShareAntidilutiveSecuritiesDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/EarningsPerShareDetails" xlink:type="extended">

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_21ce4f2f-397c-6c02-8635-7c94146a06a0" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_2dd9a981-e559-d141-f1c2-4db79f71a7ef" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_21ce4f2f-397c-6c02-8635-7c94146a06a0" xlink:to="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_2dd9a981-e559-d141-f1c2-4db79f71a7ef" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock_e3291fb3-b8d8-4cd8-31f2-be55dee6fa8e" xlink:type="locator"/>

<link:calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_21ce4f2f-397c-6c02-8635-7c94146a06a0" xlink:to="loc_us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock_e3291fb3-b8d8-4cd8-31f2-be55dee6fa8e" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_e52bef3f-d63a-d129-8b6a-48192f5d97b3" xlink:type="locator"/>

<link:calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_21ce4f2f-397c-6c02-8635-7c94146a06a0" xlink:to="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_e52bef3f-d63a-d129-8b6a-48192f5d97b3" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_4d7615b5-9ab5-8e33-2d33-f406eee209fc" xlink:type="locator"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetIncomeLossAttributableToParentDiluted" xlink:label="loc_us-gaap_NetIncomeLossAttributableToParentDiluted_7f3b45f5-ee47-e9ef-4774-36c43be6e89d" xlink:type="locator"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_4d7615b5-9ab5-8e33-2d33-f406eee209fc" xlink:to="loc_us-gaap_NetIncomeLossAttributableToParentDiluted_7f3b45f5-ee47-e9ef-4774-36c43be6e89d" xlink:type="arc"/>

<link:calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAttributableToParentDiluted_7f3b45f5-ee47-e9ef-4774-36c43be6e89d" xlink:to="loc_us-gaap_ProfitLoss_8aa68cfb-2df7-9a23-d1ed-4fe33385b4a2" xlink:type="arc"/>

<link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAttributableToParentDiluted_7f3b45f5-ee47-e9ef-4774-36c43be6e89d" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_f5ae002e-8316-7bc0-1b41-6cd171b53db3" xlink:type="arc"/>

<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DividendsPreferredStock" xlink:label="loc_us-gaap_DividendsPreferredStock_b3933626-099c-3ade-9aab-a26caed1f615" xlink:type="locator"/>

<link:calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_4d7615b5-9ab5-8e33-2d33-f406eee209fc" xlink:to="loc_us-gaap_DividendsPreferredStock_b3933626-099c-3ade-9aab-a26caed1f615" xlink:type="arc"/>

</link:calculationLink>

<link:calculationLink xlink:role="http://www.pg.com/role/EarningsPerShareTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/GoodwillAndOtherIntangibleAssets" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/GoodwillAndOtherIntangibleAssetsAdditionalInformationDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/GoodwillAndOtherIntangibleAssetsChangeInNetCarryingAmountOfGoodwillByGlobalBusinessUnitDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/GoodwillAndOtherIntangibleAssetsFairValueSensitivityDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/GoodwillAndOtherIntangibleAssetsIdentifiableIntangibleAssetsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/GoodwillAndOtherIntangibleAssetsTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/NewAccountingPronouncementsAndPolicies" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/NewAccountingPronouncementsAndPoliciesUSTaxReformDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/RestructuringProgram" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/RestructuringProgramAdditionalInformationDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/RestructuringProgramRestructuringCostsPerSegmentDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/RestructuringProgramRestructuringReserveByTypeOfCostsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/RestructuringProgramTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/RiskManagementActivitiesAndFairValueMeasurements" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/RiskManagementActivitiesAndFairValueMeasurementsAdditionalInformationDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/RiskManagementActivitiesAndFairValueMeasurementsAssetsAndLiabilitiesMeasuredOnRecurringBasisDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/RiskManagementActivitiesAndFairValueMeasurementsDerivativeInstrumentsEffectOnOtherComprehensiveIncomeLossAdditionalInformationDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/RiskManagementActivitiesAndFairValueMeasurementsDerivativeInstrumentsGainLossDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/RiskManagementActivitiesAndFairValueMeasurementsScheduleOfDerivativeInstrumentsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/RiskManagementActivitiesAndFairValueMeasurementsTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/SegmentInformation" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/SegmentInformationDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/SegmentInformationSegmentInformationSalesDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/SegmentInformationTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/ShareBasedCompensationAndPostretirementBenefits" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/ShareBasedCompensationAndPostretirementBenefitsDetails" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/ShareBasedCompensationAndPostretirementBenefitsTables" xlink:type="extended"/>

<link:calculationLink xlink:role="http://www.pg.com/role/SummaryOfSignificantAccountingPoliciesAdditionalInformationDetails" xlink:type="extended"/>

</link:linkbase>

↑Top

Filing Submission 0000080424-19-000031 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Procter & Gamble Co – ‘10-Q’ for 3/31/19 – ‘EX-101.CAL’

On: Tuesday, 4/23/19, at 4:17pm ET · For: 3/31/19 · Accession #: 80424-19-31 · File #: 1-00434

Previous ‘10-Q’: ‘10-Q’ on 1/23/19 for 12/31/18 · Next: ‘10-Q’ on 10/22/19 for 9/30/19 · Latest: ‘10-Q’ on 4/19/24 for 3/31/24

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

‘EX-101.CAL’ — XBRL Calculations — pg-20190331_cal

This Exhibit is an XBRL XML File.

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