DEBT (Tables)

12 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Long-term debt, carried at face value net of unamortized discounts, premiums and debt issuance costs, included the following as of June 30:

	2022		2021
Senior unsecured notes and debentures:
3.80%, $300 due November 2021	$	—	$	300
3.05%, $600 due September 2022	—		599
3.50%, $500 due December 2024	—		498
3.10%, $400 due October 2027	398		398
3.90%, $500 due May 2028	497		497
4.40%, $500 due May 2029	493		—
1.80%, $500 due May 2030	494		492
4.60%, $600 due May 2032	592		—
Total	2,474		2,784
Less: Current maturities of long-term debt	—		300
Long-term debt	$	2,474	$	2,484

Schedule of Line of Credit Facilities

The Company’s borrowing capacity under the revolving credit agreements and other financing arrangements as of June 30 was as follows:

	2022		2021
Revolving credit facility	$	1,200	$	1,200
Foreign and other credit lines	34		35
Total	$	1,234	$	1,235