LEASES (Tables)

9 Months Ended

Mar. 31, 2018

Leases [Abstract]

Components of Lease Expense

The components of lease expense were as follows:

(In millions)	Three Months Ended March 31,				Nine Months Ended  March 31,
		2018		2017		2018		2017
Operating lease cost	$	395	$	321	$	1,182	$	1,015
Finance lease cost:
Amortization of right-of-use assets	$	70	$	29	$	175	$	67
Interest on lease liabilities		47		19		121		46
Total finance lease cost	$	117	$	48	$	296	$	113

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:

(In millions)	Three Months Ended March 31,				Nine Months Ended March 31,
		2018		2017		2018		2017
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	388	$	331	$	1,132	$	912
Operating cash flows from finance leases		46		19		121		46
Financing cash flows from finance leases		37		14		93		29
Right-of-use assets obtained in exchange for lease obligations:
Operating leases		570		130		1,269		304
Finance leases		412		296		1,790		1,061

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

(In millions, except lease term and discount rate)
	March 31, 2018			June 30, 2017
Operating Leases
Operating lease right-of-use assets	$	6,859		$	6,555
Other current liabilities	$	1,382		$	1,423
Operating lease liabilities		5,751			5,372
Total operating lease liabilities	$	7,133		$	6,795
Finance Leases
Property and equipment, gross	$	4,507		$	2,658
Accumulated depreciation		(336	)		(161	)
Property and equipment, net	$	4,171		$	2,497
Other current liabilities	$	181		$	113
Other long-term liabilities		4,150			2,425
Total finance lease liabilities	$	4,331		$	2,538
Weighted Average Remaining Lease Term
Operating leases		7 years			7 years
Finance leases		14 years			13 years
Weighted Average Discount Rate
Operating leases		2.6%			2.5%
Finance leases		5.3%			4.7%

Maturities of Lease Liabilities

Maturities of lease liabilities were as follows:

(In millions)
Year Ending June 30,	Operating Leases			Finance Leases
2018 (excluding the nine months ended March 31, 2018)	$	388		$	104
2019		1,472			384
2020		1,340			391
2021		1,076			399
2022		887			406
Thereafter		2,790			4,442
Total lease payments		7,953			6,126
Less imputed interest		(820	)		(1,795	)
Total	$	7,133		$	4,331