INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2017

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

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

Years ended June 30	2017		2016		2015
United States	$	9,031	$	8,788	$	8,496
International	4,226		4,581		2,516
TOTAL	$	13,257	$	13,369	$	11,012

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

Income taxes on continuing operations consisted of the following:

Years ended June 30	2017		2016			2015
CURRENT TAX EXPENSE
U.S. federal	$	1,531	$	1,673		$	2,127
International	1,243		1,483			1,142
U.S. state and local	241		224			252
	3,015		3,380			3,521
DEFERRED TAX EXPENSE
U.S. federal	28		33			(607		)
International and other	20		(71		)	(189		)
	48		(38		)	(796		)
TOTAL TAX EXPENSE	$	3,063	$	3,342		$	2,725

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	2017		2016		2015
U.S. federal statutory income tax rate	35.0	%	35.0	%	35.0	%
Country mix impacts of foreign operations	(6.8	)%	(9.1	)%	(14.0	)%
Changes in uncertain tax positions	(2.0	)%	(0.5	)%	(0.9	)%
Excess tax benefits from the exercise of stock options	(1.3	)%	—	%	—	%
Venezuela deconsolidation charge	—	%	—	%	6.6	%
Other	(1.8	)%	(0.4	)%	(2.0	)%
EFFECTIVE INCOME TAX RATE	23.1	%	25.0	%	24.7	%

Summary of Income Tax Contingencies [Table Text Block]

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

Years ended June 30	2017			2016			2015
BEGINNING OF YEAR	$	857		$	1,096		$	1,437
Increases in tax positions for prior years	87			124			87
Decreases in tax positions for prior years	(147		)	(97		)	(146		)
Increases in tax positions for current year	75			97			118
Settlements with taxing authorities	(381		)	(301		)	(250		)
Lapse in statute of limitations	(22		)	(39		)	(27		)
Currency translation	(4		)	(23		)	(123		)
END OF YEAR	$	465		$	857		$	1,096

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

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

As of June 30	2017			2016
DEFERRED TAX ASSETS
Pension and postretirement benefits	$	1,775		$	2,226
Loss and other carryforwards	1,516			1,077
Stock-based compensation	732			845
Unrealized loss on financial and foreign exchange transactions	259			122
Fixed assets	212			216
Accrued marketing and promotion	210			240
Advance payments	121			515
Inventory	75			61
Accrued interest and taxes	30			55
Other	709			764
Valuation allowances	(505		)	(467		)
TOTAL	$	5,134		$	5,654
DEFERRED TAX LIABILITIES
Goodwill and other intangible assets	$	9,403		$	9,461
Fixed assets	1,495			1,533
Unrealized gain on financial and foreign exchange transactions	314			387
Other	26			105
TOTAL	$	11,238		$	11,486