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STOCK-BASED COMPENSATION PLANS (Tables)
 12 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
Compensation cost and the related income tax benefit recognized for stock-based compensation plans were classified as indicated below for the fiscal years ended June 30:
202020192018
Cost of products sold$5  $5  $7  
Selling and administrative expenses41  35  42  
Research and development costs4  3  4  
Total compensation costs$50  $43  $53  
Related income tax benefit$12  $10  $16  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The fair value of each stock option award granted during fiscal years 2020, 2019 and 2018 was estimated on the date of grant using the Black-Scholes valuation model and assumptions noted in the following table:
202020192018
Expected life5.4 years5.4 years5.5 years
Weighted-average expected life5.4 years5.4 years5.5 years
Expected volatility18.7%
17.3% to 20.2%
15.7% to 18.7%
Weighted-average volatility18.7%17.4%15.7%
Risk-free interest rate1.7%
2.5% to 3.0%
1.3% to 2.6%
Weighted-average risk-free interest rate1.7%2.9%1.8%
Dividend yield2.8%
2.5% to 2.6%
2.4% to 3.0%
Weighted-average dividend yield2.8%2.6%2.5%
Schedule of Share-based Compensation, Stock Options, Activity
Details of the Company’s stock option activities are summarized below:
Number of
Shares
(In thousands)		Weighted-
Average
Exercise
Price
per Share		Average
Remaining
Contractual
Life		Aggregate
Intrinsic
Value
Options outstanding as of June 30, 20195,744  $112  6 years$235  
Granted1,031  156  
Exercised(1,828) 97  
Canceled(86) 145  
Options outstanding as of June 30, 20204,861  $127  6 years$451  
Options vested as of June 30, 20202,680  $110  5 years$294  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity
A summary of the status of the Company’s restricted stock awards is presented below:
Number of
Shares
(In thousands)		Weighted-Average
Grant Date
Fair Value
per Share
Restricted stock awards as of June 30, 2019241  $144  
Granted142  156  
Vested(65) 143  
Forfeited(24) 147  
Restricted stock awards as of June 30, 2020294  $150  
Share-based Compensation, Performance Shares Award Outstanding Activity
A summary of the status of the Company’s performance share awards is presented below:
Number of
Shares
(In thousands)		Weighted-Average
Grant Date
Fair Value
per Share
Performance share awards as of June 30, 2019537  $120  
Granted119  $156  
Distributed(223) $121  
Forfeited(19) $144  
Performance share awards as of June 30, 2020414  $128  
Performance shares vested and deferred as of June 30, 2020136  $85