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Pension and Other Postretirement Benefits (Schedule of Projected Benefit Obligation, Changes in Fair Value of Plan Assets and Funded Status) (Details) - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Change in the fair value of plan assets for the Company's benefit plans:    
Grantor Trust assets $ 304 $ 247
Pension Benefits    
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]    
Projected benefit obligation, beginning of the year 1,409 1,255
Service cost 38 35
Interest cost 30 39
Benefits paid (23) (21)
Settlements [1] (51) (45)
Actuarial losses (gains) [2] 65 145
Other 0 1
Projected benefit obligation, end of the year 1,468 1,409
Change in the fair value of plan assets for the Company's benefit plans:    
Fair value of plan assets, beginning of the year 788 800
Actual return on plan assets 195 24
Employer contributions 63 30
Benefits paid (23) (21)
Settlements [1] (51) (45)
Fair value of plan assets, end of the year 972 788
Funded status [3] (496) (621)
Grantor Trust assets [3] 304 247
Postretirement Benefits    
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]    
Projected benefit obligation, beginning of the year 104 103
Service cost 2 2
Interest cost 2 3
Benefits paid (4) (3)
Settlements [1] 0 0
Actuarial losses (gains) [2] (6) (1)
Other 0 0
Projected benefit obligation, end of the year 98 104
Change in the fair value of plan assets for the Company's benefit plans:    
Fair value of plan assets, beginning of the year 0 0
Actual return on plan assets 0 0
Employer contributions 4 3
Benefits paid (4) (3)
Settlements [1] 0 0
Fair value of plan assets, end of the year 0 0
Funded status [3] (98) (104)
Grantor Trust assets [3] $ 0 $ 0
[1] Represents the full settlement of former employees deferred pension benefit obligations through lump sum payments.
[2] Actuarial losses (gains) for June 30, 2021 were mainly due to a change in the discount rate assumption utilized in measuring plan obligations and changes to other economic assumptions and demographic experience. Actuarial losses for June 30, 2020 were mainly due to a change in the discount rate assumption utilized in measuring plan obligations.
[3] The Company has established an irrevocable grantor trust (the “Grantor Trust”), administered by an independent trustee, with the intention of making cash contributions to the Trust to fund certain future pension benefit obligations of the Company. The assets in the Grantor Trust are unsecured funds of the Company and can be used to satisfy the Company’s obligations in the event of bankruptcy or insolvency.