DEBT (Tables)

12 Months Ended

Jun. 30, 2017

Debt Disclosure [Abstract]

Schedule of Short-term Debt

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

	2017		2016
Commercial paper	$	403	$	522
Foreign borrowings	1		1
Total	$	404	$	523

Schedule of Long-term Debt Instruments

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

	2017			2016
Senior unsecured notes and debentures:
5.95%, $400 due October 2017	$	400		$	400
3.80%, $300 due November 2021	298			297
3.05%, $600 due September 2022	596			596
3.50%, $500 due December 2024	497			496
Total	1,791			1,789
Less: Current maturities of long-term debt	(400		)	—
Long-term debt (1)	$	1,391		$	1,789

⁽¹⁾ Prior year amounts have been retrospectively adjusted to conform to the current year presentation of debt issuance costs required by ASU No. 2015-03, "Simplifying the Presentation of Debt Issuance Costs." See Note 1 for details.

Schedule of Line of Credit Facilities

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

	2017		2016
Revolving credit facility	$	1,100	$	1,100
Foreign and other credit lines	29		28
Total	$	1,129	$	1,128