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POSTRETIREMENT BENEFITS AND EMPLOYEE STOCK OWNERSHIP PLAN (Tables)
 12 Months Ended
Jun. 30, 2017
Compensation and Retirement Disclosure [Abstract]  
Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan [Table Text Block]
Obligation and Funded Status. The following provides a reconciliation of benefit obligations, plan assets and funded status of these defined benefit plans:
 
Pension Benefits (1)
 
Other Retiree Benefits (2)
Years ended June 30
2017
 
2016
 
2017
 
2016
CHANGE IN BENEFIT OBLIGATION
 
 
 
 
 
 
 
Benefit obligation at beginning of year (3)
$
17,285


$
15,951


$
5,632


$
4,904

Service cost
310

 
314

 
133

 
124

Interest cost
300

 
466

 
175

 
219

Participants' contributions
14

 
17

 
74

 
74

Amendments
2

 
8

 
—

 
(40
)
Net actuarial loss/(gain)
(643
)
 
1,927

 
(554
)
 
589

Acquisitions/(divestitures) (4)
(413
)
 
(21
)
 
(31
)
 
(7
)
Curtailments
(132
)
 
—

 
(37
)
 
—

Special termination benefits
4

 
6

 
21

 
12

Currency translation and other
35

 
(826
)
 
16

 
(14
)
Benefit payments
(602
)
 
(557
)
 
(242
)
 
(229
)
BENEFIT OBLIGATION AT END OF YEAR (3)
$
16,160

 
$
17,285

 
$
5,187

 
$
5,632

CHANGE IN PLAN ASSETS
 
 
 
 
 
 
 
Fair value of plan assets at beginning of year
$
10,269

 
$
10,605

 
$
3,787

 
$
3,470

Actual return on plan assets
884

 
630

 
136

 
408

Acquisitions/(divestitures) (4)
(34
)
 
(13
)
 
—

 
—

Employer contributions
316

 
306

 
36

 
32

Participants' contributions
14

 
17

 
74

 
74

Currency translation and other
(18
)
 
(719
)
 
(4
)
 
(8
)
ESOP debt impacts (5)
—

 
—

 
44

 
40

Benefit payments
(602
)
 
(557
)
 
(242
)
 
(229
)
FAIR VALUE OF PLAN ASSETS AT END OF YEAR
$
10,829

 
$
10,269

 
$
3,831

 
$
3,787

Reclassification of net obligation to held for sale liabilities
—

 
402

 
—

 
16

FUNDED STATUS
$
(5,331
)
 
$
(6,614
)
 
$
(1,356
)
 
$
(1,829
)
(1) 
Primarily non-U.S.-based defined benefit retirement plans.
(2) 
Primarily U.S.-based other postretirement benefit plans.
(3) 
For the pension benefit plans, the benefit obligation is the projected benefit obligation. For other retiree benefit plans, the benefit obligation is the accumulated postretirement benefit obligation.
(4) 
For the year ended June 30, 2017, this represents the obligations and plans which were classified as held for sale at June 30, 2016.
(5) 
Represents the net impact of ESOP debt service requirements, which is netted against plan assets for other retiree benefits.
Schedule of Amounts Recognized in Balance Sheet [Table Text Block]
 
Pension Benefits
 
Other Retiree Benefits
Years ended June 30
2017
 
2016
 
2017
 
2016
CLASSIFICATION OF NET AMOUNT RECOGNIZED
 
 
 
 
 
 
 
Noncurrent assets
$
196

 
$
180

 
$
—

 
$
—

Current liabilities
(40
)
 
(33
)
 
(23
)
 
(21
)
Noncurrent liabilities
(5,487
)
 
(6,761
)
 
(1,333
)
 
(1,808
)
NET AMOUNT RECOGNIZED
$
(5,331
)
 
$
(6,614
)
 
$
(1,356
)
 
$
(1,829
)
AMOUNTS RECOGNIZED IN ACCUMULATED OTHER COMPREHENSIVE INCOME (AOCI)
 
 
Net actuarial loss
$
4,548

 
$
6,088

 
$
1,819

 
$
2,247

Prior service cost/(credit)
245

 
270

 
(293
)
 
(334
)
NET AMOUNTS RECOGNIZED IN AOCI
$
4,793

 
$
6,358

 
$
1,526

 
$
1,913
Schedule of Accumulated and Projected Benefit Obligations [Table Text Block]
Pension plans with accumulated benefit obligations in excess of plan assets and plans with projected benefit obligations in excess of plan assets consisted of the following:
 
Accumulated Benefit Obligation  Exceeds the Fair Value of Plan Assets
 
Projected Benefit Obligation  Exceeds the Fair Value of Plan Assets
As of June 30
2017
 
2016
 
2017
 
2016
Projected benefit obligation
$
13,699

 
$
15,233

 
$
14,181

 
$
15,853

Accumulated benefit obligation
12,276

 
13,587

 
12,630

 
14,149

Fair value of plan assets
8,279

 
8,082

 
8,654

 
8,657
Schedule of Net Benefit Costs [Table Text Block]
Net Periodic Benefit Cost. Components of the net periodic benefit cost were as follows:
 
Pension Benefits
 
Other Retiree Benefits
Years ended June 30
2017
 
2016
 
2015
 
2017
 
2016
 
2015
AMOUNTS RECOGNIZED IN NET PERIODIC BENEFIT COST
Service cost (1)
$
310

 
$
314

 
$
317

 
$
133

 
$
124

 
$
156

Interest cost
300

 
466

 
545

 
175

 
219

 
240

Expected return on plan assets
(675
)
 
(731
)
 
(732
)
 
(431
)
 
(416
)
 
(406
)
Amortization of net actuarial loss
375

 
265

 
275

 
122

 
78

 
105

Amortization of prior service cost/(credit)
28

 
29

 
30

 
(45
)
 
(52
)
 
(20
)
Amortization of net actuarial loss/ prior service cost due to settlements and curtailments
186

(2) 
—

 
—

 
16

(2) 
—

 
—

Special termination benefits
4

 
6

 
11

 
21

(2) 
12

 
23

GROSS BENEFIT COST/(CREDIT)
528

 
349

 
446

 
(9
)
 
(35
)
 
98

Dividends on ESOP preferred stock
—

 
—

 
—

 
(45
)
 
(52
)
 
(58
)
NET PERIODIC BENEFIT COST/(CREDIT)
$
528

 
$
349

 
$
446

 
$
(54
)
 
$
(87
)
 
$
40

CHANGE IN PLAN ASSETS AND BENEFIT OBLIGATIONS RECOGNIZED IN AOCI
Net actuarial loss/(gain) - current year
$
(852
)
 
$
2,028

 
 
 
$
(259
)
 
$
597

 
 
Prior service cost/(credit) - current year
2

 
8

 
 
 
—

 
(40
)
 
 
Amortization of net actuarial loss
(375
)
 
(265
)
 
 
 
(122
)
 
(78
)
 
 
Amortization of prior service (cost)/credit
(28
)
 
(29
)
 
 
 
45

 
52

 
 
Amortization of net actuarial loss/prior service costs due to settlements and curtailments
(186
)
 
—

 
 
 
(16
)
 
—

 
 
Reduction in net actuarial losses resulting from curtailment
(132
)
 
—

 
 
 
(37
)
 
—

 
 
Currency translation and other
6

 
(172
)
 
 
 
2

 
(3
)
 
 
TOTAL CHANGE IN AOCI
(1,565
)
 
1,570

 
 
 
(387
)
 
528

 
 
NET AMOUNTS RECOGNIZED IN PERIODIC BENEFIT COST AND AOCI
$
(1,037
)
 
$
1,919

 
 
 
$
(441
)
 
$
441

 
 

(1) 
Service cost includes amounts related to discontinued operations, which are not material for any period.
(2) 
Amortization of net actuarial loss / prior service cost due to settlement and curtailments and $18 of the special termination benefits are included in Net earnings from discontinued operations.
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year [Table Text Block]
Amounts expected to be amortized from AOCI into net periodic benefit cost during the year ending June 30, 2018, are as follows:
 
Pension Benefits
 
Other Retiree Benefits
Net actuarial loss
$
289

 
$
67

Prior service cost/(credit)
28

 
(35
)
Schedule of Assumptions Used [Table Text Block]
The weighted average assumptions used to determine benefit obligations recorded on the Consolidated Balance Sheets as of June 30, were as follows: (1) 
 
Pension Benefits
 
Other Retiree Benefits
As of June 30
2017
 
2016
 
2017
 
2016
Discount rate
2.4
%
 
2.1
%
 
3.9
%
 
3.6
%
Rate of compensation increase
3.0
%
 
2.9
%
 
N/A

 
N/A

Health care cost trend rates assumed for next year
N/A

 
N/A

 
6.4
%
 
7.2
%
Rate to which the health care cost trend rate is assumed to decline (ultimate trend rate)
N/A

 
N/A

 
4.9
%
 
4.9
%
Year that the rate reaches the ultimate trend rate
N/A

 
N/A

 
2022

 
2021

(1) 
Determined as of end of year.
The weighted average assumptions used to determine net benefit cost recorded on the Consolidated Statement of Earnings for the years ended June 30, were as follows: (1) 
 
Pension Benefits
 
Other Retiree Benefits
Years ended June 30
2017
 
2016
 
2015
 
2017
 
2016
 
2015
Discount rate
2.1
%
 
3.1
%
 
3.5
%
 
3.6
%
 
4.5
%
 
4.4
%
Expected return on plan assets
6.9
%
 
7.2
%
 
7.2
%
 
8.3
%
 
8.3
%
 
8.3
%
Rate of compensation increase
2.9
%
 
3.1
%
 
3.2
%
 
N/A

 
N/A

 
N/A


(1) 
Determined as of beginning of year.
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]
A one percentage point change in assumed health care cost trend rates would have the following effects:
 
One-Percentage
Point Increase
 
One-Percentage
Point Decrease
Effect on the total service and interest cost components
$
74

 
$
(55
)
Effect on the accumulated postretirement benefit obligation
950

 
(697
)
Schedule of Allocation of Plan Assets [Table Text Block]
Our target asset allocation for the year ended June 30, 2017, and actual asset allocation by asset category as of June 30, 2017 and 2016, were as follows:
 
Target Asset Allocation
 
Actual Asset Allocation at June 30
 
Pension Benefits
 
Other Retiree
Benefits
 
Pension Benefits
 
Other Retiree Benefits
Asset Category
 
 
2017
 
2016
 
2017
 
2016
Cash
2
%
 
2
%
 
2
%
 
2
%
 
1
%
 
2
%
Debt securities
57
%
 
3
%
 
53
%
 
55
%
 
4
%
 
4
%
Equity securities
41
%
 
95
%
 
45
%
 
43
%
 
95
%
 
94
%
TOTAL
100
%
 
100
%
 
100
%
 
100
%
 
100
%
 
100
%
Pension and Postretirement Plan Assets By Fair Value Hierarchy [Table Text Block]
 
Pension Benefits
 
Other Retiree Benefits
As of June 30
Fair Value Hierarchy Level
 
2017
 
2016
 
Fair Value Hierarchy Level
 
2017
 
2016
ASSETS AT FAIR VALUE
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
1
 
$
134

 
$
151

 
1
 
$
6

 
$
70

Company stock (1)
 
 
—

 
—

 
2
 
3,643

 
3,545

Other (2)
1, 2 & 3
 
165

 
166

 
1
 
7

  
—

TOTAL ASSETS IN THE FAIR VALUE HEIRARCHY
 
 
$
299

 
$
317

 
 
 
$
3,656

 
$
3,615

Investments valued at net asset value
 
 
$
10,530

  
9,952

 
 
 
$
175

  
172

TOTAL ASSETS AT FAIR VALUE
 
 
$
10,829

 
10,269

 
 
 
$
3,831

  
3,787

(1) 
Company stock is net of ESOP debt discussed below.
(2) 
The Company's other pension plan assets measured at fair value are generally classified as Level 3 within the fair value hierarchy. There are no material other pension plan asset balances classified as Level 1 or Level 2 within the fair value hierarchy.
Schedule of Expected Benefit Payments [Table Text Block]
Total benefit payments expected to be paid to participants, which include payments funded from the Company's assets and payments from the plans are as follows:
Years ending June 30
Pension
Benefits
 
Other Retiree
Benefits
EXPECTED BENEFIT PAYMENTS
 
 
2018
$
524

 
$
198

2019
530

 
211

2020
539

 
222

2021
575

 
232

2022
596

 
242

2023 - 2027
3,221

 
1,334
Employee Stock Ownership Plan (ESOP) Disclosures [Table Text Block]
The number of preferred shares outstanding at June 30 was as follows:
Shares in thousands
2017
 
2016
 
2015
Allocated
36,488

 
39,241

 
42,044

Unallocated
5,060

 
6,095

 
7,228

TOTAL SERIES A
41,548

 
45,336

 
49,272

 
 
 
 
Allocated
25,378

 
23,925

 
23,074

Unallocated
30,412

 
32,319

 
34,096

TOTAL SERIES B
55,790

 
56,244

 
57,170