SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Sep. 30, 2024

Accounting Policies [Abstract]

Schedule of inventory and promotional merchandise

Inventory and promotional merchandise consists of the following:

(In millions)	September 30, 2024		June 30, 2024
Raw materials	$	673	$	696
Work in process	272		308
Finished goods	1,025		903
Promotional merchandise	285		268
	$	2,255	$	2,175

Schedule of property, plant and equipment

Property, plant and equipment consists of the following:

(In millions)	September 30, 2024		June 30, 2024
Assets (Useful Life)
Land and improvements(1)	$	76	$	68
Buildings and improvements (10 to 40 years)	1,028		929
Machinery and equipment (3 to 20 years)	1,339		1,253
Computer hardware and software (4 to 10 years)	1,932		1,861
Furniture and fixtures (5 to 10 years)	141		137
Leasehold improvements	2,504		2,418
Construction in progress	470		500
	7,490		7,166
Less accumulated depreciation and amortization	(4,257)		(4,030)
	$	3,233	$	3,136

(1)Land improvements are depreciated over a 10 year useful life.

Schedule of other accrued liabilities

Other accrued liabilities consist of the following:

(In millions)	September 30, 2024		June 30, 2024
Advertising, merchandising and sampling	$	298	$	276
Employee compensation	442		576
Accrued sales incentives	397		426
Deferred revenue	338		327
Payroll and other non-income taxes	356		333
Accrued income taxes	182		335
Other	1,441		1,131
	$	3,454	$	3,404