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STOCK-BASED COMPENSATION PLANS (Tables)
 12 Months Ended
Jun. 30, 2022
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:
202220212020
Cost of products sold$6 $6 $5 
Selling and administrative expenses42 40 41 
Research and development costs4 4 4 
Total compensation costs$52 $50 $50 
Related income tax benefit$12 $12 $12 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions The fair value of each stock option award granted during fiscal years 2022, 2021 and 2020 was estimated on the date of grant using the Black-Scholes valuation model and assumptions noted in the following table:
202220212020
Expected life5.4 years
5.3 to 5.4 years
5.4 years
Weighted-average expected life5.4 years5.4 years5.4 years
Expected volatility
21.7% to 25.0%
21.4% to 23.2%
18.7%
Weighted-average volatility21.8%21.9%18.7%
Risk-free interest rate
0.9% to 2.1%
0.3% to 0.5%
1.7%
Weighted-average risk-free interest rate0.9%0.3%1.7%
Dividend yield
2.9% to 3.7%
2.1% to 2.3%
2.8%
Weighted-average dividend yield2.9%2.1%2.8%
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, 20214,020 $139 6 years$179 
Granted669 163 
Exercised317 110 
Canceled174 165 
Options outstanding as of June 30, 20224,198 $144 5 years$49 
Options vested as of June 30, 20222,861 $131 4 years$49 
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, 2021315 $178 
Granted261 157 
Vested118 167 
Forfeited46 177 
Restricted stock awards as of June 30, 2022412 $168 
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, 2021353 $146 
Granted117 $162 
Distributed129 $118 
Forfeited28 $169 
Performance share awards as of June 30, 2022313 $162 
Performance shares vested and deferred as of June 30, 202258 $110