Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2017	Jun. 30, 2016
Current assets
Cash and cash equivalents	$ 431	$ 401
Receivables, net	568	569
Inventories, net	510	443
Other current assets	94	72
Total current assets	1,603	1,485
Property, plant and equipment, net of accumulated depreciation and amortization of $1,972 and $1,911, respectively	903	906
Goodwill	1,193	1,197
Trademarks, net	655	657
Other intangible assets, net	70	78
Other assets	205	187
Total assets	4,629	4,510
Current liabilities
Notes and loans payable	650	523
Current maturities of long-term debt	400	0
Accounts payable and accrued liabilities	948	1,035
Income taxes payable	0	0
Total current liabilities	1,998	1,558
Long-term debt	1,390	1,789
Other liabilities	788	784
Deferred income taxes	49	82
Total liabilities	4,225	4,213
Commitments and contingencies
Stockholders’ equity
Preferred stock: $1.00 par value; 5,000,000 shares authorized; none issued or outstanding	0	0
Common stock: $1.00 par value; 750,000,000 shares authorized; 158,741,461 shares issued as of March 31, 2017 and June 30, 2016; and 128,780,607 and 129,355,263 shares outstanding as of March 31, 2017 and June 30, 2016, respectively	159	159
Additional paid-in capital	912	868
Retained earnings	2,351	2,163
Treasury shares, at cost: 29,960,854 and 29,386,198 shares as of March 31, 2017 and June 30, 2016, respectively	(2,453)	(2,323)
Accumulated other comprehensive net (losses) income	(565)	(570)
Stockholders’ equity	404	297
Total liabilities and stockholders’ equity	$ 4,629	$ 4,510