LEASES (Tables)

9 Months Ended

Mar. 31, 2024

Leases [Abstract]

Components of Lease Expense

The components of lease expense were as follows:

(In millions)	Three Months Ended March 31,					Nine Months Ended March 31,
		2024		2023		2024		2023
Operating lease cost	$	882	$	766	$	2,473	$	2,112
Finance lease cost:
Amortization of right-of-use assets	$	453	$	348	$	1,241	$	994
Interest on lease liabilities		190		132		507		364
Total finance lease cost	$	643	$	480	$	1,748	$	1,358

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:

(In millions)	Three Months Ended March 31,					Nine Months Ended March 31,
		2024		2023		2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	836	$	690	$	2,433	$	1,989
Operating cash flows from finance leases		190		132		507		364
Financing cash flows from finance leases		323		272		896		790
Right-of-use assets obtained in exchange for lease obligations:
Operating leases		1,831		663		4,482		2,377
Finance leases		3,421		1,044		6,921		2,253

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

(In millions, except lease term and discount rate)
	March 31, 2024			June 30, 2023
Operating Leases
Operating lease right-of-use assets	$	17,371		$	14,346
Other current liabilities	$	3,413		$	2,409
Operating lease liabilities		14,469			12,728
Total operating lease liabilities	$	17,882		$	15,137
Finance Leases
Property and equipment, at cost	$	27,328		$	20,538
Accumulated depreciation		(5,865	)		(4,647	)
Property and equipment, net	$	21,463		$	15,891
Other current liabilities	$	1,869		$	1,197
Other long-term liabilities		21,036			15,870
Total finance lease liabilities	$	22,905		$	17,067
Weighted Average Remaining Lease Term
Operating leases		8 years			8 years
Finance leases		12 years			11 years
Weighted Average Discount Rate
Operating leases		3.3%			2.9%
Finance leases		3.8%			3.4%

Maturities of Lease Liabilities

The following table outlines maturities of our lease liabilities as of March 31, 2024:

(In millions)
Year Ending June 30,	Operating Leases			Finance Leases
2024 (excluding the nine months ended March 31, 2024)	$	956		$	560
2025		3,566			2,694
2026		3,076			2,398
2027		2,608			2,409
2028		2,100			2,409
Thereafter		7,812			18,058
Total lease payments		20,118			28,528
Less imputed interest		(2,236	)		(5,623	)
Total	$	17,882		$	22,905