LEASES (Tables)

9 Months Ended

Mar. 31, 2019

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,
		2019		2018		2019		2018
Operating lease cost	$	431	$	395	$	1,254	$	1,182
Finance lease cost:
Amortization of right-of-use assets	$	100	$	70	$	262	$	175
Interest on lease liabilities		65		47		179		121
Total finance lease cost	$	165	$	117	$	441	$	296

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,
		2019		2018		2019		2018
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	425	$	388	$	1,229	$	1,132
Operating cash flows from finance leases		65		46		179		121
Financing cash flows from finance leases		66		37		167		93
Right-of-use assets obtained in exchange for lease obligations:
Operating leases		730		570		1,698		1,269
Finance leases		658		412		1,722		1,790

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, 2019			June 30, 2018
Operating Leases
Operating lease right-of-use assets	$	7,121		$	6,686
Other current liabilities	$	1,461		$	1,399
Operating lease liabilities		5,972			5,568
Total operating lease liabilities	$	7,433		$	6,967
Finance Leases
Property and equipment, at cost	$	6,222		$	4,543
Accumulated depreciation		(666	)		(404	)
Property and equipment, net	$	5,556		$	4,139
Other current liabilities	$	282		$	176
Other long-term liabilities		5,528			4,125
Total finance lease liabilities	$	5,810		$	4,301
Weighted Average Remaining Lease Term
Operating leases		7 years			7 years
Finance leases		13 years			13 years
Weighted Average Discount Rate
Operating leases		2.9%			2.7%
Finance leases		4.9%			5.2%

Maturities of Lease Liabilities

Maturities of lease liabilities were as follows:

(In millions)
Year Ending June 30,	Operating Leases			Finance Leases
2019 (excluding the nine months ended March 31, 2019)	$	422		$	138
2020		1,586			534
2021		1,335			543
2022		1,135			552
2023		942			556
Thereafter		2,904			5,552
Total lease payments		8,324			7,875
Less imputed interest		(891	)		(2,065	)
Total	$	7,433		$	5,810