P&G 2011 Annual Report P&G 2011 Annual Report Contents and Financial Highlights Letter to Shareholders Leadership Brands Innovating for Everyday Life Gillette Guard Brazil Crest 3D White Gain Dishwashing Liquid Head & Shoulders Old Spice Audited Consolidated Financial Statements Consolidated Statements of Earnings Consolidated Balance Sheets Consolidated Statements of Shareholders Equity Consolidated Statements of Cash Flows Notes to Consolidated Financial Statements 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 2011 Results Forward-Looking Statements Results of Operations Segment Results Financial Condition Significant Accounting Policies and Estimates Other Information Company and Shareholder Information Highlighting Our Environmental Vision