SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Sep. 30, 2013

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Inventory and Promotional Merchandise

	September 30		June 30
(In millions)	2013		2013
Raw materials	$	315.7	$	274.2
Work in process	139.5		116.8
Finished goods	568.8		510.9
Promotional merchandise	172.3		212.0
	$	1,196.3	$	1,113.9

Property, Plant and Equipment

	September 30		June 30
(In millions)	2013		2013
Assets (Useful Life)
Land	$	14.9	$	14.7
Buildings and improvements (10 to 40 years)	199.8		195.4
Machinery and equipment (3 to 10 years)	665.4		647.9
Computer hardware and software (4 to 10 years)	963.9		948.4
Furniture and fixtures (5 to 10 years)	72.2		71.6
Leasehold improvements	1,424.1		1,349.6
	3,340.3		3,227.6
Less accumulated depreciation and amortization	1,975.9		1,876.9
	$	1,364.4	$	1,350.7

Other accrued liabilities

	September 30		June 30
(In millions)	2013		2013
Advertising, merchandising and sampling	$	377.2	$	338.4
Employee compensation	328.7		433.3
Payroll and other taxes	167.4		135.7
Accrued income taxes	177.4		81.3
Other	459.1		445.9
	$	1,509.8	$	1,434.6