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PENSION AND POST-RETIREMENT BENEFIT PLANS (Tables)
 6 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
Schedule of components of net periodic benefit cost for pension and other post-retirement benefit plans
The components of net periodic benefit cost for the three months ended December 31, 2024 and 2023 consisted of the following:

Pension PlansOther than
Pension Plans
U.S.InternationalPost-retirement
(In millions)202420232024202320242023
Service cost$9 $9 $7 $7 $— $1 
Interest cost12 11 4 4 2 2 
Expected return on plan assets(12)(13)(6)(6)— — 
Amortization of:
Actuarial loss (gain)
5 1 (2)(2)— — 
Prior service cost— — — — (1)— 
Special termination benefits— — 1 — — — 
Net periodic benefit cost$14 $8 $4 $3 $1 $3 
The components of net periodic benefit cost for the six months ended December 31, 2024 and 2023 consisted of the following:

Pension PlansOther than
Pension Plans
U.S.InternationalPost-retirement
(In millions)202420232024202320242023
Service cost$18 $18 $14 $13 $— $1 
Interest cost25 23 9 9 4 4 
Expected return on plan assets(25)(27)(13)(12)— — 
Amortization of:
Actuarial loss (gain)
10 2 (3)(4)— — 
Prior service cost— — — — (3)— 
Special termination benefits— — 1 — — — 
Net periodic benefit cost$28 $16 $8 $6 $1 $5 
Schedule of amounts recognized in the consolidated balance sheets related to the Company's pension and post-retirement benefit plans
The amounts recognized in the consolidated balance sheets related to the Company’s pension and post-retirement benefit plans consist of the following:

(In millions)December 31, 2024June 30, 2024
Other assets$124 $125 
Other accrued liabilities(44)(44)
Other noncurrent liabilities(319)(339)
Funded status(239)(258)
Accumulated other comprehensive loss239 243 
Net amount recognized$— $(15)