LEASES (Tables)

12 Months Ended

Jun. 30, 2024

Leases [Abstract]

Lease, cost

A summary of total lease costs and other information for the periods relating to the Company’s finance and operating leases is as follows:

	June 30
(In millions)	2024			2023			2022
Total lease cost
Finance lease cost:
Amortization of right-of-use assets	$	11		$	11		$	12
Interest on lease liabilities	—			—			—
Operating lease cost	458			444			465
Short-term lease cost	45			41			24
Variable lease cost	227			213			332
Total	$	741		$	709		$	833
Other information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	489		$	463		$	506
Financing cash flows from finance leases	$	10		$	15		$	18
Right-of-use assets obtained in exchange for new operating lease liabilities	$	466		$	273		$	279
Right-of-use assets obtained in exchange for new finance lease liabilities	$	1		$	34		$	10
Weighted-average remaining lease term – finance leases	16 years			14 years			3 years
Weighted-average remaining lease term – operating leases	9 years			9 years			9 years
Weighted-average discount rate – finance leases	0.3		%	0.4		%	1.0		%
Weighted-average discount rate – operating leases	2.8		%	2.5		%	2.4		%

Operating lease liability, maturity schedule

The total future minimum lease payments, over the remaining lease term, relating to the Company’s operating and finance leases for each of the next five fiscal years and thereafter is as follows:

(In millions)	Operating Leases		Finance Leases
Fiscal 2025	$	406	$	4
Fiscal 2026	374		3
Fiscal 2027	303		2
Fiscal 2028	225		2
Fiscal 2029	167		1
Thereafter	841		20
Total future minimum lease payments	2,316		32
Less imputed interest	(261)		—
Total	$	2,055	$	32

Finance lease liability, maturity schedule

The total future minimum lease payments, over the remaining lease term, relating to the Company’s operating and finance leases for each of the next five fiscal years and thereafter is as follows:

(In millions)	Operating Leases		Finance Leases
Fiscal 2025	$	406	$	4
Fiscal 2026	374		3
Fiscal 2027	303		2
Fiscal 2028	225		2
Fiscal 2029	167		1
Thereafter	841		20
Total future minimum lease payments	2,316		32
Less imputed interest	(261)		—
Total	$	2,055	$	32

Schedule of operating lease and finance lease liabilities included in the consolidated balance sheet

Operating lease and finance lease liabilities included in the consolidated balance sheet are as follows:

	June 30
	2024				2023
(In millions)	Operating Leases		Finance Leases		Operating Leases		Finance Leases
Total current liabilities	$	354	$	4	$	357	$	9
Total noncurrent liabilities	1,701		28		1,698		33
Total	$	2,055	$	32	$	2,055	$	42