Procter & Gamble is on track for its $10 billion savings program Procter & Gamble has also planned for significant cost reductions since the beginning of 2012. It has set out to save as much as $10 billion in the period of 2012-2016. A $10 billion cost-savings package includes $6 billion in cost of goods sold, $3 billion in overhead expenses, and $1 billion in marketing spending. The company seems to be on track for its huge cost-savings program--so far, the total savings has amounted to $1 billion for the past two years.