Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Sep. 30, 2016	Jun. 30, 2016	[1]
Current assets
Cash and cash equivalents	$ 408	$ 401
Receivables, net	494	569
Inventories, net	465	443
Other current assets	49	72
Total current assets	1,416	1,485
Property, plant and equipment, net of accumulated depreciation and amortization of $1,944 and $1,911 respectively	917	906
Goodwill	1,196	1,197
Trademarks, net	657	657
Other intangible assets, net	76	78
Other assets	204	187
Total assets	4,466	4,510
Current liabilities
Notes and loans payable	618	523
Current maturities of long-term debt	0	0
Accounts payable and accrued liabilities	874	1,035
Income taxes payable	30	0
Total current liabilities	1,522	1,558
Long-term debt	1,789	1,789
Other liabilities	783	784
Deferred income taxes	83	82
Total liabilities	4,177	4,213
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 as of both September 30, 2016 and June 30, 2016; and 128,707,796 and 129,355,263 shares outstanding as of September 30, 2016 and June 30, 2016, respectively	159	159
Additional paid-in capital	881	868
Retained earnings	2,238	2,163
Treasury shares, at cost: 30,033,665 and 29,386,198 shares as of September 30, 2016 and June 30, 2016, respectively	(2,422)	(2,323)
Accumulated other comprehensive net (losses) income	(567)	(570)
Stockholders' equity	289	297
Total liabilities and stockholders' equity	$ 4,466	$ 4,510

[1] Condensed from audited financial statements.