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STOCKHOLDERS' EQUITY
 12 Months Ended
Jun. 30, 2017
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY
STOCKHOLDERS’ EQUITY
The Company has two share repurchase programs: an open-market purchase program with an authorized aggregate purchase amount of up to $750, all of which was available for share repurchases as of both June 30, 2017 and 2016, and a program to offset the anticipated impact of share dilution related to share-based awards (the Evergreen Program), which has no authorization limit as to amount or timing of repurchases. There were no share repurchases under the open-market purchase program during the fiscal years ended June 30, 2017, 2016 and 2015.
Share repurchases under the Evergreen Program were as follows during the fiscal years ended June 30:
 
2017
 
2016
 
2015
 
Amount
 
Shares
(in 000's)
 
Amount
 
Shares
(in 000's)
 
Amount
 
Shares
(in 000's)
Evergreen Program
$
189

 
1,505

 
$
254

 
2,151

 
$
434

 
4,016



Dividends per share declared and paid, respectively, during the fiscal years ended June 30 were as follows:
 
2017
 
2016
 
2015
Dividends per share declared
$
3.24

 
$
3.11

 
$
2.99

Dividends per share paid
3.20

 
3.08

 
2.96



Accumulated Other Comprehensive Net (Losses) Income
Changes in Accumulated other comprehensive net (losses) income by component were as follows for the fiscal years ended June 30:
 
Foreign currency
translation adjustments
 
Net
unrealized
gains
(losses) on
derivatives
 
Pension and
postretirement
benefit
adjustments
 
Accumulated
other
comprehensive
(losses) income
Balance June 30, 2014
$
(246
)
 
$
(39
)
 
$
(132
)
 
$
(417
)
Other comprehensive income (loss) before
reclassifications
(92
)
 
(18
)
 
(29
)
 
(139
)
Amounts reclassified from Accumulated other
comprehensive net losses
—

 
7

 
—

 
7

Recognition of deferred foreign currency translation
loss
30

 
—

 
—

 
30

Income tax benefit (expense)
8

 
(3
)
 
12

 
17

Net current period other comprehensive income (loss)
(54
)
 
(14
)
 
(17
)
 
(85
)
Balance June 30, 2015
(300
)
 
(53
)
 
(149
)
 
(502
)
Other comprehensive income (loss) before
reclassifications
(43
)
 
(7
)
 
(38
)
 
(88
)
Amounts reclassified from Accumulated other
comprehensive net losses
—

 
18

 
—

 
18

Income tax benefit (expense)
(10
)
 
(2
)
 
14

 
2

Net current period other comprehensive income (loss)
(53
)
 
9

 
(24
)
 
(68
)
Balance June 30, 2016
(353
)
 
(44
)
 
(173
)
 
(570
)
Other comprehensive income (loss) before
reclassifications
(3
)
 
(4
)
 
27

 
20

Amounts reclassified from Accumulated other
comprehensive net losses
—

 
11

 
9

 
20

Income tax benefit (expense)
—

 
—

 
(13
)
 
(13
)
Net current period other comprehensive income (loss)
(3
)
 
7

 
23

 
27

Balance June 30, 2017
$
(356
)
 
$
(37
)
 
$
(150
)
 
$
(543
)


Included in foreign currency adjustments are re-measurement losses on long-term intercompany loans where settlement is not planned or anticipated in the foreseeable future. For the fiscal years ended June 30, 2017, 2016 and 2015, Other comprehensive losses on these loans totaled $2, $14 and $9, respectively, and there were no amounts reclassified from Accumulated other comprehensive net (losses) income for the periods presented.
Pension and postretirement benefit reclassification adjustments are reflected in Cost of products sold, Selling and administrative expenses and Research and development costs.