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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Jun. 30, 2024
Current assets    
Cash and cash equivalents $ 2,586 $ 3,395
Accounts receivable, net 1,611 1,727
Inventory and promotional merchandise 2,002 2,175
Prepaid expenses and other current assets 697 625
Total current assets 6,896 7,922
Property, plant and equipment, net 3,049 3,136
Other assets    
Operating lease right-of-use assets 1,891 1,833
Goodwill 2,073 2,143
Other intangible assets, net 4,158 5,183
Other assets 1,693 1,460
Total other assets 9,815 10,619
Total assets 19,760 21,677
Current liabilities    
Current debt 4 504
Accounts payable 1,133 1,440
Operating lease liabilities 397 354
Other accrued liabilities 3,497 3,404
Total current liabilities 5,031 5,702
Noncurrent liabilities    
Long-term debt 7,276 7,267
Long-term operating lease liabilities 1,706 1,701
Other noncurrent liabilities 1,578 1,693
Total noncurrent liabilities 10,560 10,661
Commitments and contingencies
Equity    
Common stock, $.01 par value; Class A shares authorized: 1,300,000,000 at December 31, 2024 and June 30, 2024; shares issued: 472,456,912 at December 31, 2024 and 471,018,569 at June 30, 2024; Class B shares authorized: 304,000,000 at December 31, 2024 and June 30, 2024; shares issued and outstanding: 125,542,029 at December 31, 2024 and June 30, 2024 6 6
Paid-in capital 6,889 6,685
Retained earnings 12,313 13,427
Accumulated other comprehensive loss (1,341) (1,140)
Stockholders' equity before treasury stock 17,867 18,978
Less: Treasury stock, at cost; 238,306,192 Class A shares at December 31, 2024 and 237,871,995 Class A shares at June 30, 2024 (13,698) (13,664)
Total equity 4,169 5,314
Total liabilities and equity $ 19,760 $ 21,677