Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Dec. 31, 2017	Jun. 30, 2017
Current assets
Cash and cash equivalents	$ 489	$ 418
Receivables, net	536	565
Inventories, net	494	459
Prepaid expenses and other current assets	161	72
Total current assets	1,680	1,514
Property, plant and equipment, net of accumulated depreciation and amortization of $2,031 and $2,001, respectively	935	931
Goodwill	1,202	1,196
Trademarks, net	655	654
Other intangible assets, net	65	68
Other assets	221	210
Total assets	4,758	4,573
Current liabilities
Notes and loans payable	495	404
Current maturities of long-term debt	0	400
Accounts payable and accrued liabilities	885	1,005
Income taxes payable	0	0
Total current liabilities	1,380	1,809
Long-term debt	1,788	1,391
Other liabilities	791	770
Deferred income taxes	39	61
Total liabilities	3,998	4,031
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 December 31, 2017 and June 30, 2017; and 129,348,120 and 129,014,172 shares outstanding as of December 31, 2017 and June 30, 2017, respectively	159	159
Additional paid-in capital	941	928
Retained earnings	2,649	2,440
Treasury shares, at cost: 29,393,341 and 29,727,289 shares as of December 31, 2017 and June 30, 2017, respectively	(2,465)	(2,442)
Accumulated other comprehensive net (losses) income	(524)	(543)
Stockholders’ equity	760	542
Total liabilities and stockholders’ equity	$ 4,758	$ 4,573