CHARGES ASSOCIATED WITH RESTRUCTURING AND OTHER ACTIVITIES (Tables)

6 Months Ended

Dec. 31, 2024

Restructuring and Related Activities [Abstract]

Schedule Of Restructuring And Other Charges Expected To Be Incurred

The Restructuring Program cumulative charges for initiatives approved by the Company as of December 31, 2024 and through January 29, 2025 were:

	Sales Returns (included in Net Sales)		Cost of Sales		Operating Expenses				Total
(In millions)					Restructuring Charges		Other Charges
Total Charges Approved
Cumulative charges through June 30, 2024	$	—	$	—	$	109	$	78	$	187
Six months ended December 31, 2024	1		9		257		25		292
Cumulative charges through December 31, 2024	1		9		366		103		479
January 1, 2025 - January 29, 2025	4		—		47		7		58
Cumulative charges through January 29, 2025	$	5	$	9	$	413	$	110	$	537

Included in the above table, Restructuring Program cumulative restructuring charges for initiatives approved by the Company as of December 31, 2024 and through January 29, 2025 were:

(In millions)	Employee- Related Costs		Asset- Related Costs		Contract Terminations		Other Exit Costs		Total
Restructuring Charges Approved
Cumulative charges through June 30, 2024	$	93	$	7	$	—	$	9	$	109
Six months ended December 31, 2024	245		6		—		6		257
Cumulative charges through December 31, 2024	338		13		—		15		366
January 1, 2025 - January 29, 2025	40		—		3		4		47
Cumulative charges through January 29, 2025	$	378	$	13	$	3	$	19	$	413

Schedule of Total Cumulative Charges Recorded Associated With Restructuring and Other activities

Total cumulative charges recorded associated with restructuring and other activities for the Restructuring Program were:

	Sales Returns (included in Net Sales)		Cost of Sales		Operating Expenses				Total
(In millions)					Restructuring Charges		Other Charges
Total Cumulative Charges
Cumulative charges through June 30, 2024	$	—	$	—	$	92	$	23	$	115
Three months ended September 30, 2024	—		9		85		12		106
Three months ended December 31, 2024	—		—		171		11		182
Cumulative charges through December 31, 2024	$	—	$	9	$	348	$	46	$	403

(In millions)	Employee- Related Costs		Asset- Related Costs		Contract Terminations		Other Exit Costs		Total
Restructuring Charges
Cumulative charges through June 30, 2024	$	90	$	2	$	—	$	—	$	92
Three months ended September 30, 2024	82		2		—		1		85
Three months ended December 31, 2024	165		5		—		1		171
Cumulative charges through December 31, 2024	$	337	$	9	$	—	$	2	$	348

Schedule of Changes in Accrued Restructuring Charges

Changes in accrued restructuring charges from the Restructuring Program for the six months ended December 31, 2024 were:

(In millions)	Employee- Related Costs		Asset- Related Costs		Contract Terminations		Other Exit Costs		Total
Balance at June 30, 2024	$	88	$	—	$	—	$	—	$	88
Charges	247		7		—		2		256
Cash payments	(26)		—		—		(2)		(28)
Non-cash asset write-offs	—		(7)		—		—		(7)
Translation and other adjustments	(8)		—		—		—		(8)
Balance at December 31, 2024	$	301	$	—	$	—	$	—	$	301