PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Jun. 30, 2020

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

	June 30
(In millions)	2020		2019
Assets (Useful Life)
Land	$	33	$	29
Buildings and improvements (10 to 40 years)	400		337
Machinery and equipment (3 to 10 years)	865		811
Computer hardware and software (4 to 10 years)	1,335		1,264
Furniture and fixtures (5 to 10 years)	120		116
Leasehold improvements	2,381		2,274
	5,134		4,831
Less accumulated depreciation and amortization	(3,079)		(2,763)
	$	2,055	$	2,068

The cost of assets related to projects in progress of $501 million and $474 million as of June 30, 2020 and 2019, respectively, is included in their respective asset categories above. Depreciation and amortization of property, plant and equipment was $514 million, $495 million and $469 million in fiscal 2020, 2019 and 2018, respectively. Depreciation and amortization related to the Company’s manufacturing process is included in Cost of sales and all other depreciation and amortization is included in Selling, general and administrative expenses in the accompanying consolidated statements of earnings. See Note 7 – Leases for discussion of property, plant and equipment impairments.