P&G 2010 Annual Report Letter to Shareholders Leadership Brands Touching & Improving Lives More Consumers More Parts of the World More Completely P&G Innovations Making a Difference Financial Contents Management s Responsibility for Financial Reporting Management s Report on Internal Control over Financial Reporting Report of Independent Registered Public Accounting Firm Management s Discussion and Analysis Overview Summary of 2010 Results Foward-Looking Statements Results of Operations Segment Results Financial Condition Significant Accounting Policies and Estimates Other Information Company and Shareholder Information