LEASES (Tables)

3 Months Ended

Sep. 30, 2017

Components of Lease Expense

The components of lease expense were as follows:

(In millions)
Three Months Ended September 30,		2017		2016
Operating lease cost	$	388	$	260
Finance lease cost
Amortization of right-of-use assets	$	48	$	15
Interest on lease liabilities		30		12
Total finance lease cost	$	78	$	27

Other Information Related to Leases

Other information related to leases was as follows:

(In millions, except lease term and discount rate)
Three Months Ended September 30,		2017			2016
Supplemental Cash Flows Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	369		$	267
Operating cash flows from finance leases		30			12
Financing cash flows from finance leases		25			6
Right-of-use assets obtained in exchange for lease obligations:
Operating leases		391			55
Finance leases		728			267
Weighted Average Remaining Lease Term
Operating leases		7 years			5 years
Finance leases		14 years			12 years
Weighted Average Discount Rate
Operating leases		2.5	%		2.3	%
Finance leases		4.7	%		5.1	%

Future Minimum Lease Payments Under Non-Cancellable Leases

Future minimum lease payments under non-cancellable leases as of September 30, 2017 were as follows:

(In millions)
Year Ending June 30,	Operating Leases			Finance Leases
2018 (excluding the three months ended September 30, 2017)	$	1,110		$	205
2019		1,385			281
2020		1,267			287
2021		1,022			293
2022		833			299
Thereafter		2,333			3,133
Total future minimum lease payments		7,950			4,498
Less imputed interest		(930	)		(1,225	)
Total	$	7,020		$	3,273
Reported as of September 30, 2017
Other current liabilities	$	1,252		$	146
Operating lease liabilities		5,768			0
Other long-term liabilities		0			3,127
Total	$	7,020		$	3,273