SHARE-BASED COMPENSATION PLANS (Tables)

12 Months Ended

Jun. 30, 2013

SHARE-BASED COMPENSATION PLANS [Abstract]

Compensation Cost and Related Income Tax Benefit for Share-Based Compensation Plans

	2013		2012		2011
Cost of products sold	$	4	$	3	$	4
Selling and administrative expenses		28		22		26
Research and development costs		3		2		2
Total compensation cost	$	35	$	27	$	32
Related income tax benefit	$	13	$	10	$	12

Share-Based Compensation Award Assumptions Used for Determining Fair Values

	2013	2012	2011
Expected life	5.7 years	4.9 - 5.7 years	4.9 - 5.9 years
Weighted-average expected life	5.7 years	5.7 years	5.4 years
Expected volatility	18.7% to 19.2%	21.9% to 25.9%	20.6% to 21.0%
Weighted-average volatility	19.1%	23.5%	20.6%
Risk-free interest rate	0.6% to 0.8%	0.9% to 1.1%	1.5%
Weighted-average risk-free interest rate	0.70%	0.9%	1.5%
Dividend yield	3.2%-3.6%	3.5%-3.8%	3.4%-3.6%
Weighted-average dividend yield	3.6%	3.5%	3.4%

Stock Option Plan Shares Issuable

	Number of Shares		Weighted- Average Exercise Price per Share		Average Remaining Contractual Life	Aggregate Value Intrinsic
	(In thousands)
Outstanding as of June 30, 2012	10,104		$	62	6 years	$	108
Granted	2,644			72
Exercised	(2,119	)		57
Cancelled	(372	)		68
Outstanding as of June 30, 2013	10,257		$	65	7	$	184
Options vested as of June 30, 2013	5,401		$	62	5	$	116

Restricted Stock Awards

	Number of Shares		Weighted-Average Grant Date Fair Value per Share
	(In thousands)
Restricted stock awards as of June 30, 2012	22		$	65
Granted	1			72
Vested	(11	)		63
Forfeited	(1	)		68
Restricted stock awards as of June 30, 2013	11		$	68

Performance Unit Shares Issuable

	Number of Shares		Weighted-Average Grant Date Fair Value per Share
	(In thousands)
Performance unit awards as of June 30, 2012	1,370		$	62
Granted	416			72
Distributed	(238	)		57
Forfeited	(213	)		62
Performance unit awards as of June 30, 2013	1,335		$	66
Perfomance units vested and deferred as of June 30, 2013	219		$	53