INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2019

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	2019		2018		2017
United States	$	1,659	$	9,277	$	9,031
International	4,410		4,049		4,226
TOTAL	$	6,069	$	13,326	$	13,257

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

Income taxes on continuing operations consisted of the following:

Years ended June 30	2019			2018			2017
CURRENT TAX EXPENSE
U.S. federal	$	1,064		$	3,965		$	1,531
International	1,259			1,131			1,243
U.S. state and local	191			213			241
	2,514			5,309			3,015
DEFERRED TAX EXPENSE
U.S. federal	(296		)	(1,989		)	28
International and other	(115		)	145			20
	(411		)	(1,844		)	48
TOTAL TAX EXPENSE	$	2,103		$	3,465		$	3,063

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	2019		2018		2017
U.S. federal statutory income tax rate	21.0	%	28.1	%	35.0	%
Country mix impacts of foreign operations	(0.5	)%	(4.7	)%	(6.8	)%
Changes in uncertain tax positions	(0.3	)%	(0.3	)%	(2.0	)%
Excess tax benefits from the exercise of stock options	(3.8	)%	(0.4	)%	(1.3	)%
Goodwill impairment	22.8	%	—	%	—	%
Net transitional impact of U.S. Tax Act	—	%	4.5	%	—	%
Other	(4.5	)%	(1.2	)%	(1.8	)%
EFFECTIVE INCOME TAX RATE	34.7	%	26.0	%	23.1	%

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	2019			2018			2017
BEGINNING OF YEAR	$	470		$	465		$	857
Increases in tax positions for prior years	85			26			87
Decreases in tax positions for prior years	(94		)	(38		)	(147		)
Increases in tax positions for current year	71			87			75
Settlements with taxing authorities	(37		)	(45		)	(381		)
Lapse in statute of limitations	(27		)	(20		)	(22		)
Currency translation	(2		)	(5		)	(4		)
END OF YEAR	$	466		$	470		$	465

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	2019			2018
DEFERRED TAX ASSETS
Pension and postretirement benefits	$	1,591		$	1,478
Loss and other carryforwards	1,007			1,067
Stock-based compensation	421			476
Fixed assets	232			223
Accrued marketing and promotion	334			223
Unrealized loss on financial and foreign exchange transactions	73			61
Inventory	41			35
Accrued interest and taxes	15			17
Advance payments	—			4
Other	931			699
Valuation allowances	(442		)	(457		)
TOTAL	$	4,203		$	3,826
DEFERRED TAX LIABILITIES
Goodwill and intangible assets	$	6,506		$	6,168
Fixed assets	1,413			1,276
Foreign withholding tax on earnings to be repatriated	239			244
Unrealized gain on financial and foreign exchange transactions	147			169
Other	351			161
TOTAL	$	8,656		$	8,018