ACQUISITION ACQUISITION - ALLOCATION OF PURCHASE PRICE (Tables)

12 Months Ended

Jun. 30, 2019

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The preliminary allocation of the purchase price is based on the best estimates of management and is subject to revision based on final determination of fair values of the assets and liabilities acquired, which will be completed as we complete our analysis of the underlying assets and acquired liabilities, such as pensions, litigation cases, environmental issues, and tax positions.

Amounts in millions	November 30, 2018
Current assets	$	419
Property, plant and equipment	121
Intangible assets	2,143
Goodwill	2,138
Other non-current assets	143
Total Assets Acquired	$	4,964
Current liabilities	$	233
Deferred income taxes	767
Non-current liabilities	87
Total Liabilities Acquired	$	1,087
Noncontrolling Interest (1)	$	169
Net Assets Acquired	$	3,708

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Represents a 48% minority ownership interest in the Merck India company.