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STOCK-BASED COMPENSATION PLANS (Tables)
 12 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Compensation Cost and Related Income Tax Benefit
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:
202420232022
Cost of products sold$7 $7 $6 
Selling and administrative expenses63 61 42 
Research and development costs4 5 4 
Total compensation costs$74 $73 $52 
Related income tax benefit$18 $17 $12 
Schedule of Fair Value of each Stock Option Award Granted The fair value of each stock option award granted during fiscal years 2023 and 2022 was estimated on the date of grant using the Black-Scholes valuation model and assumptions noted in the following table:
20232022
Expected life5.3 years
5.4 years
Weighted-average expected life5.3 years5.4 years
Expected volatility
24.2%
21.7% to 25.0%
Weighted-average volatility24.2%21.8%
Risk-free interest rate
3.7%
0.9% to 2.1%
Weighted-average risk-free interest rate3.7%0.9%
Dividend yield
3.4%
2.9% to 3.7%
Weighted-average dividend yield3.4%2.9%
Schedule of Stock Option 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, 2023
4,075 $147 5 years$69 
Granted— 
Exercised(234)104 
Canceled(51)170 
Options outstanding as of June 30, 2024
3,790 $150 4 years$16 
Options vested as of June 30, 2024
3,052 $148 4 years$16 
Schedule of Restricted Stock Awards
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, 2023
544 $155 
Granted405 139 
Vested(173)162 
Forfeited(55)142 
Restricted stock awards as of June 30, 2024
721 $145 
Schedule of Performance Share Awards
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, 2023
368 $158 
Granted176 $140 
Distributed(39)$189 
Forfeited(22)$177 
Performance share awards as of June 30, 2024
483 $148 
Performance shares vested and deferred as of June 30, 2024
83 $164