INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2018

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	2018		2017		2016
United States	$	9,277	$	9,031	$	8,788
International	4,049		4,226		4,581
TOTAL	$	13,326	$	13,257	$	13,369

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

Income taxes on continuing operations consisted of the following:

Years ended June 30	2018			2017		2016
CURRENT TAX EXPENSE
U.S. federal	$	3,965		$	1,531	$	1,673
International	1,131			1,243		1,483
U.S. state and local	213			241		224
	5,309			3,015		3,380
DEFERRED TAX EXPENSE
U.S. federal	(1,989		)	28		33
International and other	145			20		(71		)
	(1,844		)	48		(38		)
TOTAL TAX EXPENSE	$	3,465		$	3,063	$	3,342

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	2018		2017		2016
U.S. federal statutory income tax rate	28.1	%	35.0	%	35.0	%
Country mix impacts of foreign operations	(4.7	)%	(6.8	)%	(9.1	)%
Changes in uncertain tax positions	(0.3	)%	(2.0	)%	(0.5	)%
Excess tax benefits from the exercise of stock options	(0.4	)%	(1.3	)%	—	%
Net transitional impact of U.S. Tax Act	4.5	%	—	%	—	%
Other	(1.2	)%	(1.8	)%	(0.4	)%
EFFECTIVE INCOME TAX RATE	26.0	%	23.1	%	25.0	%

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	2018			2017			2016
BEGINNING OF YEAR	$	465		$	857		$	1,096
Increases in tax positions for prior years	26			87			124
Decreases in tax positions for prior years	(38		)	(147		)	(97		)
Increases in tax positions for current year	87			75			97
Settlements with taxing authorities	(45		)	(381		)	(301		)
Lapse in statute of limitations	(20		)	(22		)	(39		)
Currency translation	(5		)	(4		)	(23		)
END OF YEAR	$	470		$	465		$	857

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	2018			2017
DEFERRED TAX ASSETS
Pension and postretirement benefits	$	1,478		$	1,775
Loss and other carryforwards	1,067			1,516
Stock-based compensation	476			732
Fixed assets	223			212
Accrued marketing and promotion	223			210
Unrealized loss on financial and foreign exchange transactions	61			259
Inventory	35			75
Accrued interest and taxes	17			30
Advance payments	4			121
Other	699			709
Valuation allowances	(457		)	(505		)
TOTAL	$	3,826		$	5,134
DEFERRED TAX LIABILITIES
Goodwill and intangible assets	$	6,168		$	9,403
Fixed assets	1,276			1,495
Foreign withholding tax on earnings to be repatriated	244			—
Unrealized gain on financial and foreign exchange transactions	169			314
Other	161			26
TOTAL	$	8,018		$	11,238