Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2019	Jun. 30, 2018
Current assets
Cash and cash equivalents	$ 178	$ 131
Receivables, net	587	600
Inventories, net	556	506
Prepaid expenses and other current assets	72	74
Total current assets	1,393	1,311
Property, plant and equipment, net of accumulated depreciation and amortization of $2,125 and $2,061, respectively	1,000	996
Goodwill	1,589	1,602
Trademarks, net	791	795
Other intangible assets, net	124	134
Other assets	265	222
Total assets	5,162	5,060
Current liabilities
Notes and loans payable	321	199
Accounts payable and accrued liabilities	940	1,001
Total current liabilities	1,261	1,200
Long-term debt	2,286	2,284
Other liabilities	774	778
Deferred income taxes	60	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 March 31, 2019 and June 30, 2018; and 127,888,226 and 127,982,767 shares outstanding as of March 31, 2019 and June 30, 2018, respectively	159	159
Additional paid-in capital	1,033	975
Retained earnings	3,004	2,797
Treasury shares, at cost: 30,853,235 and 30,758,694 shares as of March 31, 2019 and June 30, 2018, respectively	(2,851)	(2,658)
Accumulated other comprehensive net (loss) income	(564)	(547)
Stockholders’ equity	781	726
Total liabilities and stockholders’ equity	$ 5,162	$ 5,060