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EARNINGS PER SHARE (Tables)
 3 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share

The components of basic and diluted EPS were as follows:

 

(In millions, except earnings per share)

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

2020

 

 

2019

 

 

 

 

 

 

 

 

 

 

Net income available for common shareholders (A)

 

$

13,893

 

 

$

10,678

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average outstanding shares of common stock (B)

 

 

7,566

 

 

 

7,634

 

Dilutive effect of stock-based awards

 

 

71

 

 

 

76

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock and common stock equivalents (C)

 

 

7,637

 

 

 

7,710

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

Basic (A/B)

 

$

1.84

 

 

$

1.40

 

Diluted (A/C)

 

$

1.82

 

 

$

1.38