FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Jun. 30, 2013

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS [Abstract]

Derivative Instruments Designated as Hedging Instruments Recorded at Fair Value

	Balance sheet classification	2013		2012
Assets
Foreign exchange contracts	Other current assets	$	4	$	1
Liabilities
Commodity purchase contracts	Accrued liabilities	$	3	$	1
Interest rate contracts	Accrued liabilities		-		3
		$	3	$	4

Effects of Derivative Financial Instruments Designated as Hedging Instruments on OCI and on Consolidated Statement of Earnings

	Gains (losses) recognized in OCI									Gains (losses) reclassified from OCI and recognized in earnings
	2013			2012			2011			2013			2012			2011
Commodity purchase contracts	$	(1	)	$	(1	)	$	8		$	-		$	4		$	3
Interest rate contracts		(1	)		(39	)		3			(3	)		(2	)		-
Foreign exchange contracts		3			3			(4	)		-			2			(3	)
Total	$	1		$	(37	)	$	7		$	(3	)	$	4		$	-