LEASES (Tables)

12 Months Ended

Jun. 30, 2019

The components of lease expense were as follows:

(In millions)


Year Ended June 30,	2019			2018		2017

Operating lease cost	$	1,707	$	1,585	$	1,412


Finance lease cost:
Amortization of right-of-use assets	$	370	$	243	$	104
Interest on lease liabilities		247		175		68


Total finance lease cost	$	617	$	418	$	172

Supplemental cash flow information related to leases was as follows:

(In millions)


Year Ended June 30,	2019			2018		2017

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,670	$	1,522	$	1,157
Operating cash flows from finance leases		247		175		68
Financing cash flows from finance leases		221		144		46

Right-of-use assets obtained in exchange for lease obligations:
Operating leases		2,303		1,571		1,270
Finance leases		2,532		1,933		1,773

Supplemental balance sheet information related to leases was as follows:

(In millions, except lease term and discount rate)


June 30,	2019			2018

Operating Leases

Operating lease right-of-use assets	$	7,379		$	6,686


Other current liabilities	$	1,515		$	1,399
Operating lease liabilities		6,188			5,568


Total operating lease liabilities	$	7,703		$	6,967


Finance Leases

Property and equipment, at cost	$	7,041		$	4,543
Accumulated depreciation		(774	)		(404	)


Property and equipment, net	$	6,267		$	4,139


Other current liabilities	$	317		$	176
Other long-term liabilities		6,257			4,125


Total finance lease liabilities	$	6,574		$	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		3.0%			2.7%
Finance leases		4.6%			5.2%

Maturities of lease liabilities were as follows: