EARNINGS PER SHARE (Tables)

9 Months Ended

Mar. 31, 2017

Basic and Diluted Earnings Per Share

The components of basic and diluted EPS were as follows:

(In millions, except earnings per share)	Three Months Ended March 31,				Nine Months Ended March 31,
	2017		2016		2017		2016
Net income available for common shareholders (A)	$	4,801	$	3,756	$	14,691	$	13,676
Weighted average outstanding shares of common stock (B)		7,725		7,895		7,756		7,952
Dilutive effect of stock-based awards		88		90		84		89
Common stock and common stock equivalents (C)		7,813		7,985		7,840		8,041
Earnings Per Share
Basic (A/B)	$	0.62	$	0.48	$	1.89	$	1.72
Diluted (A/C)	$	0.61	$	0.47	$	1.87	$	1.70