EARNINGS PER SHARE (Tables)

9 Months Ended

Mar. 31, 2022

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 March 31,					Nine Months Ended March 31,
	2022		2021			2022		2021
Net income available for common shareholders (A)	$	16,728	$	15,457	$	55,998	$	44,813
Weighted average outstanding shares of common stock (B)		7,493		7,539		7,504		7,554
Dilutive effect of stock-based awards		41		58		48		63
Common stock and common stock equivalents (C)		7,534		7,597		7,552		7,617
Earnings Per Share
Basic (A/B)	$	2.23	$	2.05	$	7.46	$	5.93
Diluted (A/C)	$	2.22	$	2.03	$	7.41	$	5.88