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STOCK-BASED COMPENSATION PLANS (Tables)
12 Months Ended
Jun. 30, 2025
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:
202520242023
Cost of products sold$$$
Selling and administrative expenses70 63 61 
Research and development costs
Total compensation costs$81 $74 $73 
Related income tax benefit$19 $18 $17 
Schedule of Fair Value of each Stock Option Award Granted The fair value of each stock option award granted during fiscal year 2023 was estimated on the date of grant using the Black-Scholes valuation model and assumptions noted in the following table:
2023
Expected life5.3 years
Weighted-average expected life5.3 years
Expected volatility
24.2%
Weighted-average volatility24.2%
Risk-free interest rate
3.7%
Weighted-average risk-free interest rate3.7%
Dividend yield
3.4%
Weighted-average dividend yield3.4%
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, 2024
3,790 $150 4 years$16 
Granted— 
Exercised(519)125 
Canceled(114)152 
Options outstanding as of June 30, 2025
3,157 $154 4 years$
Options vested as of June 30, 2025
2,792 $154 3 years$
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, 2024
721 $145 
Granted376 160 
Vested(279)151 
Forfeited(64)147 
Restricted stock awards as of June 30, 2025
754 $150 
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, 2024
483 $148 
Granted222 163 
Distributed(73)156 
Forfeited(19)145 
Performance share awards as of June 30, 2025
613 153 
Performance shares vested and deferred as of June 30, 2025
149 $166