LEASES (Tables)

12 Months Ended

Jun. 30, 2018

The components of lease expense were as follows:

(In millions)


Year Ended June 30,	2018			2017		2016

Operating lease cost	$	1,585	$	1,412	$	936


Finance lease cost:
Amortization of right-of-use assets	$	243	$	104	$	28
Interest on lease liabilities		175		68		28


Total finance lease cost	$	418	$	172	$	56

Supplemental cash flow information related to leases was as follows:

(In millions)


Year Ended June 30,	2018			2017		2016

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,522	$	1,157	$	936
Operating cash flows from finance leases		175		68		28
Financing cash flows from finance leases		144		46		6

Right-of-use assets obtained in exchange for lease obligations:
Operating leases		1,571		1,270		1,062
Finance leases		1,933		1,773		413

Supplemental balance sheet information related to leases was as follows:

(In millions, except lease term and discount rate)


June 30,	2018			2017

Operating Leases

Operating lease right-of-use assets	$	6,686		$	6,555


Other current liabilities	$	1,399		$	1,423
Operating lease liabilities		5,568			5,372


Total operating lease liabilities	$	6,967		$	6,795


Finance Leases

Property and equipment, gross	$	4,543		$	2,658
Accumulated depreciation		(404	)		(161	)


Property and equipment, net	$	4,139		$	2,497


Other current liabilities	$	176		$	113
Other long-term liabilities		4,125			2,425


Total finance lease liabilities	$	4,301		$	2,538

Weighted Average Remaining Lease Term

Operating leases		7 years			7 years
Finance leases		13 years			13 years

Weighted Average Discount Rate

Operating leases		2.7%			2.5%
Finance leases		5.2%			4.7%

Maturities of lease liabilities were as follows: