INCOME TAXES (TABLES)

12 Months Ended

Jun. 30, 2014

Notes to Financial Statements [Abstract]

Reconciliation Of Operating Income By Geography Text Block

Earnings from continuing operations before income taxes consisted of the following:

Years ended June 30	2014		2013		2012
United States	$	9,005	$	8,260	$	7,398
International	5,880		6,432		5,130
TOTAL	14,885		14,692		12,528

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Income taxes on continuing operations consisted of the following:

Years ended June 30	2014			2013			2012
CURRENT TAX EXPENSE
U.S. federal	$	1,606		$	1,845		$	1,837
International	1,379			1,567			1,357
U.S. state and local	237			279			246
	3,222			3,691			3,440
DEFERRED TAX EXPENSE
U.S. federal	135			185			86
International and other	(179		)	(485		)	(148		)
	(44		)	(300		)	(62		)
TOTAL TAX EXPENSE	3,178			3,391			3,378

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of the U.S. federal statutory income tax rate to our actual income tax rate on continuing operations is provided below:

Years ended June 30	2014		2013		2012
U.S. federal statutory income tax rate	35.0	%	35.0	%	35.0	%
Country mix impacts of foreign operations	(10.9	)%	(7.7	)%	(8.2	)%
Changes in uncertain tax positions	(1.5	)%	(1.8	)%	(1.3	)%
Impairment adjustments	—	%	0.6	%	3.8	%
Holding gain on joint venture buy-out	—	%	(1.4	)%	—	%
Other	(1.2	)%	(1.6	)%	(2.3	)%
EFFECTIVE INCOME TAX RATE	21.4	%	23.1	%	27.0	%

Unrecognized Tax Benefits Reconciliation Table Text Block

A reconciliation of the beginning and ending liability for uncertain tax positions is as follows:

Years ended June 30	2014			2013			2012
BEGINNING OF YEAR	$	1,600		$	1,773		$	1,848
Increases in tax positions for prior years	146			162			166
Decreases in tax positions for prior years	(296		)	(225		)	(188		)
Increases in tax positions for current year	142			188			178
Settlements with taxing authorities	(135		)	(195		)	(49		)
Lapse in statute of limitations	(33		)	(98		)	(81		)
Currency translation	13			(5		)	(101		)
END OF YEAR	1,437			1,600			1,773

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred income tax assets and liabilities were comprised of the following:

June 30	2014			2013
DEFERRED TAX ASSETS
Pension and postretirement benefits	$	2,045		$	1,777
Stock-based compensation	1,060			1,125
Loss and other carryforwards	1,211			1,062
Goodwill and other intangible assets	49			60
Accrued marketing and promotion	258			285
Fixed assets	115			135
Unrealized loss on financial and foreign exchange transactions	352			324
Accrued interest and taxes	66			15
Inventory	35			46
Other	809			879
Valuation allowances	(384		)	(341		)
TOTAL	5,616			5,367
DEFERRED TAX LIABILITIES
Goodwill and other intangible assets	$	11,428		$	11,941
Fixed assets	1,665			1,718
Other	144			315
TOTAL	13,237			13,974