Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2020	Jun. 30, 2019
Current assets
Cash and cash equivalents	$ 496	$ 111
Receivables, net	726	631
Inventories, net	457	512
Prepaid expenses and other current assets	71	51
Total current assets	1,750	1,305
Property, plant and equipment, net of accumulated depreciation and amortization of $2,203 and $2,150, respectively	1,047	1,034
Operating lease right-of-use assets	297
Goodwill	1,568	1,591
Trademarks, net	785	791
Other intangible assets, net	111	121
Other assets	292	274
Total assets	5,850	5,116
Current liabilities
Notes and loans payable	638	396
Current operating lease liabilities	65
Accounts payable and accrued liabilities	1,091	1,035
Income taxes payable	0	9
Total current liabilities	1,794	1,440
Long-term debt	2,288	2,287
Long-term operating lease liabilities	277
Other liabilities	730	780
Deferred income taxes	66	50
Total liabilities	5,155	4,557
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, 2020 and June 30, 2019; and 125,923,030 and 125,686,325 shares outstanding as of March 31, 2020 and June 30, 2019, respectively	159	159
Additional paid-in capital	1,111	1,046
Retained earnings	3,398	3,150
Treasury shares, at cost: 32,818,431 and 33,055,136 shares as of March 31, 2020 and June 30, 2019, respectively	(3,317)	(3,194)
Accumulated other comprehensive net (loss) income	(656)	(602)
Stockholders’ equity	695	559
Total liabilities and stockholders’ equity	$ 5,850	$ 5,116