DEBT (Tables)

12 Months Ended

Jun. 30, 2016

Debt Disclosure [Abstract]

Short-term Notes and Loans Payable

Notes and loans payable, which mature in less than one year, included the following as of June 30:

	2016		2015
Commercial paper	$	522	$	93
Foreign borrowings		1		2
Total	$	523	$	95

Long-Term Debt, Net of Unamortized Discounts or Premiums

Long-term debt, carried at face value net of unamortized discounts or premiums, included the following as of June 30:

	2016		2015
Senior unsecured notes and debentures:
3.55%, $300 due November 2015		-		300
5.95%, $400 due October 2017		400		399
3.80%, $300 due November 2021		298		298
3.05%, $600 due September 2022		599		599
3.50%, $500 due December 2024		500		500
Total		1,797		2,096
Less: Current maturities of long-term debt		-		(300	)
Long-term debt	$	1,797	$	1,796

Borrowing Capacity Under Other Financing Arrangements

The Company’s borrowing capacity under other financing arrangements as of June 30 was as follows:

	2016		2015
Revolving credit facility	$	1,100	$	1,100
Foreign credit lines		10		11
Other credit lines		18		18
Total	$	1,128	$	1,129