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EARNINGS PER SHARE (Tables)
6 Months Ended
Dec. 31, 2015
Basic and Diluted Earnings Per Share

The components of basic and diluted EPS are as follows:

 

(In millions, except earnings per share)   

Three Months Ended

December 31,

   

Six Months Ended

December 31,

 


     2015     2014     2015     2014  

Net income available for common shareholders (A)

   $   4,998      $   5,863      $   9,618      $   10,403   
    


 


 


 


Weighted average outstanding shares of common stock (B)

     7,964        8,228        7,980        8,238   

Dilutive effect of stock-based awards

     64        69        67        83   


 


 


 


Common stock and common stock equivalents (C)

     8,028        8,297        8,047        8,321   
    


 


 


 


Earnings Per Share

                                

Basic (A/B)

   $ 0.63      $ 0.71      $ 1.21      $ 1.26   

Diluted (A/C)

   $ 0.62      $ 0.71      $ 1.20      $ 1.25