EMPLOYEE STOCK AND SAVINGS PLANS (Tables)

12 Months Ended

Jun. 30, 2011

Stock-Based Compensation Expense and Related Income Tax Benefits

Stock-based compensation expense and related income tax benefits were as follows:

(In millions)
Year Ended June 30,	2011		2010		2009
Stock-based compensation expense	$	2,166	$	1,891	$	1,708
Income tax benefits related to stock-based compensation	$	758	$	662	$	598

Assumptions Used in Estimating the Fair Value of Award Grants

The fair value of each award is estimated on the date of grant using the following assumptions:

Year Ended June 30,	2011		2010		2009
Dividends per share (quarterly amounts)	$	0.13 – $  0.16	$	0.13	$	0.11 - $  0.13
Interest rates range		1.1% - 2.4%		2.1% - 2.9%		1.4% - 3.6%

Stock Plan Activity

During fiscal year 2011, the following activity occurred under our stock plans:

	Shares			Weighted Average Grant-Date Fair Value
	(In millions)
Stock Awards
Nonvested balance, beginning of year		223		$	24.76
Granted		114		$	22.17
Vested		(63	)	$	25.00
Forfeited		(19	)	$	23.97
Nonvested balance, end of year		255		$	23.59
Shared Performance Stock Awards
Nonvested balance, beginning of year		30		$	25.32
Granted		18		$	22.56
Vested		(13	)	$	25.63
Forfeited		(3	)	$	24.05
Nonvested balance, end of year		32		$	23.76

As of June 30, 2011, there was $4.5 billion and $467 million of total unrecognized compensation costs related to SAs and SPSAs, respectively. These costs are expected to be recognized over a weighted average period of 3.3 years and 2.5 years, respectively.

During fiscal year 2010 and 2009, the following activity occurred under our stock plans:

(In millions, except fair values)	2010		2009
Stock Awards
Awards granted		100		91
Weighted average grant-date fair value	$	23.43	$	24.95
Shared Performance Stock Awards
Awards granted		12		10
Weighted average grant-date fair value	$	24.57	$	25.93

Share Based Compensation Plans Total Activity

Following are the fair values of stock plan awards vested during the periods reported:

(In millions)
	2011		2010		2009
Total vest-date fair value of stock awards vested	$	1,521	$	1,358	$	1,137
Total vest-date fair value of shared performance stock awards vested	$	289	$	227	$	485

Employee Stock Options Outstanding

Employee stock options activity during 2011 was as follows:

	Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value
	(In millions)					(Years)		(In millions)
Balance, July 1, 2010		187		$	24.68
Exercised		(79	)	$	24.91
Canceled		(15	)	$	28.84
Balance, June 30, 2011		93		$	23.21		1.04	$	312
Exercisable, June 30, 2011		92		$	23.16		1.04	$	309

Stock Option Exercise Activity

During the periods reported, the following stock option exercise activity occurred:

(In millions)
	2011		2010		2009
Total intrinsic value of stock options exercised	$	222	$	365	$	48
Cash received from stock option exercises	$	1,954	$	1,839	$	88
Tax benefit realized from stock option exercises	$	77	$	126	$	12

Employee Purchased Shares

Employees purchased the following shares during the periods presented:

(Shares in millions)
Year Ended June 30,	2011		2010		2009
Shares purchased		20		20		24
Average price per share	$	22.98	$	23.73	$	20.13