PROPERTY AND EQUIPMENT

12 Months Ended

Jun. 30, 2022

Property Plant And Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 7 — PROPERTY AND EQUIPMENT

The components of property and equipment were as follows:

(In millions)
June 30,	2022			2021
Land	$	4,734		$	3,660
Buildings and improvements		55,014			43,928
Leasehold improvements		7,819			6,884
Computer equipment and software		60,631			51,250
Furniture and equipment		5,860			5,344
Total, at cost		134,058			111,066
Accumulated depreciation		(59,660	)		(51,351	)
Total, net	$	74,398		$	59,715

During fiscal years 2022, 2021, and 2020, depreciation expense was $12.6 billion, $9.3 billion, and $10.7 billion, respectively. We have committed $8.5 billion, primarily related to datacenters, for the construction of new buildings, building improvements, and leasehold improvements as of June 30, 2022.