LEASES (Tables)

3 Months Ended

Sep. 30, 2024

Leases [Abstract]

Components of Lease Expense

The components of lease expense were as follows:

(In millions)
Three Months Ended September 30,		2024		2023
Operating lease cost	$	1,161	$	775
Finance lease cost:
Amortization of right-of-use assets	$	696	$	380
Interest on lease liabilities		275		149
Total finance lease cost	$	971	$	529

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:

(In millions)
Three Months Ended September 30,		2024		2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,207	$	795
Operating cash flows from finance leases		275		149
Financing cash flows from finance leases		802		285
Right-of-use assets obtained in exchange for lease obligations:
Operating leases		1,892		1,804
Finance leases		4,332		1,704

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)
	September 30, 2024			June 30, 2024
Operating Leases
Operating lease right-of-use assets	$	20,528		$	18,961
Other current liabilities	$	4,009		$	3,580
Operating lease liabilities		16,361			15,497
Total operating lease liabilities	$	20,370		$	19,077
Finance Leases
Property and equipment, at cost	$	37,186		$	32,248
Accumulated depreciation		(7,070	)		(6,386	)
Property and equipment, net	$	30,116		$	25,862
Other current liabilities	$	2,504		$	2,349
Other long-term liabilities		28,847			24,796
Total finance lease liabilities	$	31,351		$	27,145
Weighted Average Remaining Lease Term
Operating leases		7 years			7 years
Finance leases		12 years			12 years
Weighted Average Discount Rate
Operating leases		3.4%			3.3%
Finance leases		4.0%			3.9%

Maturities of Lease Liabilities

The following table outlines maturities of our lease liabilities as of September 30, 2024:

(In millions)
Year Ending June 30,	Operating Leases			Finance Leases
2025 (excluding the three months ended September 30, 2024)	$	3,386		$	2,742
2026		4,122			3,697
2027		3,411			3,720
2028		2,754			3,706
2029		2,124			3,099
Thereafter		7,174			22,745
Total lease payments		22,971			39,709
Less imputed interest		(2,601	)		(8,358	)
Total	$	20,370		$	31,351