CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2020	Jun. 30, 2019
Current assets
Cash and cash equivalents	$ 5,022	$ 2,987
Accounts receivable, net	1,194	1,831
Inventory and promotional merchandise	2,062	2,006
Prepaid expenses and other current assets	614	388
Total current assets	8,892	7,212
Property, plant and equipment, net	2,055	2,068
Other assets
Operating lease right-of-use assets	2,282
Goodwill	1,401	1,868
Other intangible assets, net	2,338	1,203
Other assets	813	805
Total other assets	6,834	3,876
Total assets	17,781	13,156
Current liabilities
Current debt	1,222	516
Accounts payable	1,177	1,490
Operating lease liabilities	375
Other accrued liabilities	2,405	2,599
Total current liabilities	5,179	4,605
Noncurrent liabilities
Long-term debt	4,914	2,896
Long-term operating lease liabilities	2,278
Other noncurrent liabilities	1,448	1,244
Total noncurrent liabilities	8,640	4,140
Commitments and contingencies
Equity
Common stock, $.01 par value; Class A shares authorized: 1,300,000,000 at June 30, 2020 and June 30, 2019; shares issued: 451,927,441 at June 30, 2020 and 443,685,124 at June 30, 2019; Class B shares authorized: 304,000,000 at June 30, 2020 and June 30, 2019; shares issued and outstanding: 135,235,429 at June 30, 2020 and 139,537,814 at June 30, 2019	6	6
Paid-in capital	4,790	4,403
Retained earnings	10,134	9,984
Accumulated other comprehensive loss	(665)	(563)
Stockholders' equity before treasury stock	14,265	13,830
Less: Treasury stock, at cost; 226,637,238 Class A shares at June 30, 2020 and 222,120,630 Class A shares at June 30, 2019	(10,330)	(9,444)
Total stockholders’ equity – The Estée Lauder Companies Inc.	3,935	4,386
Noncontrolling interests	27	25
Total equity	3,962	4,411
Total liabilities and equity	$ 17,781	$ 13,156