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Debt
 12 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Debt Debt
June 30,20252024
Domestic:
3.30% Fixed-rate medium term notes, due 2025
$— $500 
4.20% Fixed-rate medium term notes, due 2035
500 500 
6.25% Fixed-rate medium term notes, due 2038
325 325 
4.45% Fixed-rate medium term notes, due 2045
500 500 
3.25% Senior Notes, due 2027
700 700 
4.25% Senior Notes, due 2028
1,200 1,200 
3.25% Senior Notes, due 2029
1,000 1,000 
4.50% Senior Notes, due 2030
1,000 1,000 
4.10% Senior Notes, due 2047
600 600 
4.00% Senior Notes, due 2049
800 800 
Term Loan Facility, due 2026
— 490 
Foreign:
1.125% Euro Senior Notes, due 2025
— 750 
2.90% Euro Senior Notes, due 2030
821 — 
Other long-term debt (includes finance leases)109 105 
Deferred debt issuance costs(54)(58)
Total7,501 8,412 
Less: Long-term debt payable within one year
7 1,255 
Long-term debt$7,494 $7,157 
During 2025, the company issued €700 million aggregate principal amount of 2.90 percent Senior Notes due March 1, 2030. Interest will be paid annually on March 1st of each year, commencing March 1, 2026. We used the net proceeds from the issuance, together with cash on hand, to repay the €700 million aggregate principal amount of 1.125 percent Senior Notes upon maturity in March 2025.
Our debt portfolio previously included a Term Loan Facility. During 2025, we repaid the remaining principal balance of $490 million of the Term Loan Facility. Additionally, we repaid the $500 million aggregate principal amount of fixed rate medium-term notes bearing interest of 3.30 percent upon maturity in November 2024.
In 2024, we repaid in full $575 million and $1.4 billion aggregate principal amount of Senior Notes, with interest rates of 2.70 percent and 3.65 percent, respectively, which matured in 2024.
Principal amounts of long-term debt payable in the five years ending June 30, 2026 through 2030 are $7 million, $706 million, $1.2 billion, $1.0 billion and $1.8 billion, respectively. The principal amounts of long-term debt payable exclude the amortization of debt issuance costs.