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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2015
Jun. 30, 2015
Current assets    
Cash and cash equivalents $ 383 $ 382
Receivables, net 472 519
Inventories, net 408 385
Other current assets 147 143
Total current assets 1,410 1,429
Property, plant and equipment, net of accumulated depreciation and amortization of $1,854 and $1,839, respectively 885 918
Goodwill 1,052 1,067
Trademarks, net 533 535
Other intangible assets, net 49 50
Other assets 166 165
Total assets 4,095 4,164
Current liabilities    
Notes and loans payable 131 95
Current maturities of long-term debt 300 300
Accounts payable 419 431
Accrued liabilities 464 548
Income taxes payable 37 31
Total current liabilities 1,351 1,405
Long-term debt 1,796 1,796
Other liabilities 741 750
Deferred income taxes 88 95
Total liabilities $ 3,976 $ 4,046
Commitments and contingencies
Stockholders' equity    
Preferred stock: $1.00 par value; 5,000,000 shares authorized; none issued or outstanding $ 0 $ 0
Common stock: $1.00 par value; 750,000,000 shares authorized; 158,741,461 shares issued at both September 30, 2015 and June 30, 2015; and 128,787,685 and 128,614,310 shares outstanding at September 30, 2015 and June 30, 2015, respectively 159 159
Additional paid-in capital 790 775
Retained earnings 1,993 1,923
Treasury shares, at cost: 29,953,776 and 30,127,151 shares at September 30, 2015 and June 30, 2015, respectively (2,282) (2,237)
Accumulated other comprehensive net loss (541) (502)
Stockholders' equity 119 118
Total liabilities and stockholders' equity $ 4,095 $ 4,164