EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Jun. 30, 2017

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan

Summarized information for the Company’s retirement income and retirement health care plans as of and for the fiscal years ended June 30 is as follows:

	Retirement Income						Retirement Health Care
	2017			2016			2017			2016
Change in benefit obligations:
Benefit obligation as of beginning of year	$	673		$	639		$	47		$	45
Service cost	1			1			—			—
Interest cost	22			26			2			2
Actuarial loss (gain)	(21		)	51			(4		)	2
Plan amendments	—			(1		)	—			—
Translation and other adjustments	—			(1		)	—			—
Benefits paid	(42		)	(42		)	(3		)	(2		)
Benefit obligation as of end of year	633			673			42			47
Change in plan assets:
Fair value of assets as of beginning of year	$	423		$	409		$	—		$	—
Actual return on plan assets	22			26			—			—
Employer contributions	31			31			3			2
Benefits paid	(42		)	(42		)	(3		)	(2		)
Translation and other adjustments	—			(1		)	—			—
Fair value of plan assets as of end of year	434			423			—			—
Accrued benefit cost, net funded status	$	(199	)	$	(250	)	$	(42	)	$	(47	)

Schedule of Amounts Recognized in the Balance Sheets

Amount recognized in the balance sheets consists of:
Pension benefit assets	$	2		$	1		$	—		$	—
Current accrued benefit liability	(15		)	(14		)	(3		)	(3		)
Non-current accrued benefit liability	(186		)	(237		)	(39		)	(44		)
Accrued benefit cost, net	$	(199	)	$	(250	)	$	(42	)	$	(47	)

Schedule of Accumulated Benefit Obligations in Excess of Plan Assets

Retirement income plans with ABO in excess of plan assets as of June 30 were as follows:

	ABO Exceeds the Fair Value of Plan Assets
	2017		2016
Projected benefit obligation	$	611	$	651
Accumulated benefit obligation	610		650
Fair value of plan assets	409		399

Schedule of Components of Net Periodic Benefit Cost

The net cost of the retirement income and health care plans for the fiscal years ended June 30 included the following components:

	Retirement Income									Retirement Health Care
	2017			2016			2015			2017			2016			2015
Service cost	$	1		$	1		$	2		$	—		$	—		$	—
Interest cost	22			26			25			2			2			2
Expected return on plan assets	(20		)	(17		)	(20		)	—			—			—
Amortization of unrecognized items	11			10			12			(2		)	(3		)	2
Total	$	14		$	20		$	19		$	—		$	(1	)	$	4

Schedule of Items Not Yet Recognized as a Component of Postretirement Expense

Items not yet recognized as a component of postretirement expense as of June 30, 2017, consisted of:

	Retirement Income			Retirement Health Care
Net actuarial loss (gain)	$	262		$	(16	)
Prior service benefit	—			(5		)
Net deferred income tax (assets) liabilities	(98		)	7
Accumulated other comprehensive loss (income)	$	164		$	(14	)

Summary of Amounts Recognized in Accumulated Other Comprehensive Net Losses

Net actuarial loss (gain) recorded in Accumulated other comprehensive net (losses) income for the fiscal year ended June 30, 2017, included the following:

	Retirement Income			Retirement Health Care
Net actuarial loss (gain) as of beginning of year	$	296		$	(13	)
Amortization during the year	(11		)	1
Loss (gain) during the year	(23		)	(4		)
Net actuarial loss (gain) as of end of year	$	262		$	(16	)

Schedule of Weighted Average Assumptions Used

Weighted-average assumptions used to estimate the actuarial present value of benefit obligations as of June 30 were as follows:

	Retirement Income				Retirement Health Care
	2017		2016		2017		2016
Discount rate	3.70	%	3.42	%	3.66	%	3.42	%
Rate of compensation increase	2.83	%	2.92	%	n/a		n/a

Weighted-average assumptions used to estimate the retirement income and retirement health care costs as of June 30 were as follows:

	Retirement Income
	2017		2016		2015
Discount rate	3.42	%	4.20	%	4.05	%
Rate of compensation increase	2.92	%	3.37	%	4.46	%
Expected return on plan assets	4.73	%	4.34	%	5.28	%
	Retirement Health Care
	2017		2016		2015
Discount rate	3.42	%	4.16	%	4.00	%

Schedule of Expected Benefit Payments

Expected benefit payments for the Company’s retirement income and retirement health care plans as of June 30, 2017, were as follows:

	Retirement Income		Retirement Health Care
2018	$	40	$	3
2019	51		3
2020	38		3
2021	37		3
2022	37		3
Fiscal years 2023 through 2027	190		12

Schedule of Target Allocation and Weighted Average Allocation of Plan Assets

The following table sets forth by level within the fair value hierarchy, the retirement income plans’ assets carried at fair value as of June 30:

	2017
	Level 1		Level 2		Total
Cash equivalents	$	2	$	—	$	2
Total assets in the fair value hierarchy	2		—		2
Common collective trusts measured at net asset value
Bond funds					$	310
International equity funds					64
Domestic equity funds					46
Real estate fund					12
Total common collective trusts measured at net asset value					432
Total assets at fair value					$	434

	2016
	Level 1		Level 2		Total
Cash equivalents	$	2	$	—	$	2
Total assets in the fair value hierarchy	2		—		2
Common collective trusts measured at net asset value
Bond funds					$	307
International equity funds					56
Domestic equity funds					44
Real estate fund					14
Total common collective trusts measured at net asset value					421
Total assets at fair value					$	423

The target allocations and weighted average asset allocations by asset category of the investment portfolio for the Company’s domestic retirement income plans as of June 30 were:

	% Target Allocation				% of Plan Assets
	2017		2016		2017		2016
U.S. equity	11	%	11	%	11	%	11	%
International equity	12	%	12	%	12	%	11	%
Fixed income	74	%	74	%	73	%	74	%
Other	3	%	3	%	4	%	4	%
Total	100	%	100	%	100	%	100	%