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EARNINGS PER SHARE (Tables)
6 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share

The components of basic and diluted EPS were as follows:

 

(In millions, except per share amounts)

 

Three Months Ended

December 31,

 

 

Six Months Ended

December 31,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) available for common shareholders (A)

 

$

(6,302

)

 

$

6,267

 

 

$

274

 

 

$

11,934

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average outstanding shares of common stock (B)

 

 

7,710

 

 

 

7,755

 

 

 

7,709

 

 

 

7,772

 

Dilutive effect of stock-based awards

 

 

0

 

 

 

75

 

 

 

90

 

 

 

81

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock and common stock equivalents (C)

 

 

7,710

 

 

 

7,830

 

 

 

7,799

 

 

 

7,853

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (Loss) Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic (A/B)

 

$

(0.82

)

 

$

0.81

 

 

$

0.04

 

 

$

1.54

 

Diluted (A/C)

 

$

(0.82

)

 

$

0.80

 

 

$

0.04

 

 

$

1.52