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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2018
Jun. 30, 2018
Current assets    
Cash and cash equivalents $ 162 $ 131
Receivables, net 568 600
Inventories, net 519 506
Prepaid expenses and other current assets 68 74
Total current assets 1,317 1,311
Property, plant and equipment, net of accumulated depreciation and amortization of $2,084 and $2,061, respectively 988 996
Goodwill 1,602 1,602
Trademarks, net 794 795
Other intangible assets, net 131 134
Other assets 226 222
Total assets 5,058 5,060
Current liabilities    
Notes and loans payable 280 199
Accounts payable and accrued liabilities 947 1,001
Income taxes payable 8 0
Total current liabilities 1,235 1,200
Long-term debt 2,285 2,284
Other liabilities 793 778
Deferred income taxes 68 72
Total liabilities 4,381 4,334
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 September 30, 2018 and June 30, 2018; and 127,605,069 and 127,982,767 shares outstanding as of September 30, 2018 and June 30, 2018, respectively 159 159
Additional paid-in capital 984 975
Retained earnings 2,883 2,797
Treasury shares, at cost: 31,136,392 and 30,758,694 shares as of September 30, 2018 and June 30, 2018, respectively (2,802) (2,658)
Accumulated other comprehensive net (loss) income (547) (547)
Stockholders’ equity 677 726
Total liabilities and stockholders’ equity $ 5,058 $ 5,060