CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2017	Jun. 30, 2016
Current assets
Cash and cash equivalents	$ 418	$ 401
Receivables, net	565	569
Inventories, net	459	443
Prepaid expenses and other current assets	72	72
Total current assets	1,514	1,485
Property, plant and equipment, net	931	906
Goodwill	1,196	1,197
Trademarks, net	654	657
Other intangible assets, net	68	78
Other assets	210	187
Total assets	4,573	4,510
Current liabilities
Notes and loans payable	404	523
Current maturities of long-term debt	400	0
Accounts payable and accrued liabilities	1,005	1,035
Income taxes payable	0	0
Total current liabilities	1,809	1,558
Long-term debt	1,391	1,789
Other liabilities	770	784
Deferred income taxes	61	82
Total liabilities	4,031	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 June 30, 2017 and 2016; and 129,014,172 and 129,355,263 shares outstanding as of June 30, 2017 and 2016, respectively	159	159
Additional paid-in capital	928	868
Retained earnings	2,440	2,163
Treasury shares, at cost: 29,727,289 and 29,386,198 shares as of June 30, 2017 and 2016, respectively	(2,442)	(2,323)
Accumulated other comprehensive net (losses) income	(543)	(570)
Stockholders’ equity	542	297
Total liabilities and stockholders’ equity	$ 4,573	$ 4,510