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RISK MANAGEMENT ACTIVITIES AND FAIR VALUE MEASUREMENTS RISK MANAGEMENT ACTIVITIES AND FAIR VALUE MEASUREMENTS - NOTIONAL AMOUNTS AND FAIR VALUES OF QUALIFYING AND NON-QUALIFYING FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments [Table Text Block]
The notional amounts and fair values of financial instruments used in hedging transactions as of June 30, 2020 and 2019 are as follows:
Notional AmountFair Value AssetFair Value (Liability)
As of June 30202020192020201920202019
DERIVATIVES IN FAIR VALUE HEDGING RELATIONSHIPS
Interest rate contracts$7,114  $7,721  $269  $177  $—  $(1) 
DERIVATIVES IN NET INVESTMENT HEDGING RELATIONSHIPS
Foreign currency interest rate contracts$3,856  $3,157  $26  $35  $(41) $(24) 
TOTAL DERIVATIVES DESIGNATED AS HEDGING INSTRUMENTS$10,970  $10,878  $295  $212  $(41) $(25) 
DERIVATIVES NOT DESIGNATED AS HEDGING INSTRUMENTS
Foreign currency contracts$5,986  $6,431  $23  $27  $(25) $(20) 
TOTAL DERIVATIVES AT FAIR VALUE$16,956  $17,309  $318  $239  $(66) $(45) 
Schedule of Net Investment Hedges in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Before tax gains/(losses) on our financial instruments in hedging relationships are categorized as follows:
Amount of Gain/(Loss) Recognized in OCI on Derivatives
Years ended June 3020202019
DERIVATIVES IN NET INVESTMENT HEDGING RELATIONSHIPS (1) (2)
Foreign currency interest rate contracts$66  $47  
(1) For the derivatives in net investment hedging relationships, the amount of gain/(loss) excluded from effectiveness testing, which was recognized in earnings, was $69 and $70 for the fiscal year ended June 30, 2020 and 2019, respectively.
(2) In addition to the foreign currency derivative contracts designated as net investment hedges, certain of our foreign currency denominated debt instruments are designated as net investment hedges. The amount of gain/(loss) recognized in AOCI for such instruments was $189 and $299, as of June 30, 2020 and 2019, respectively.
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
Amount of Gain/(Loss) Recognized in Earnings
Years ended June 3020202019
DERIVATIVES IN FAIR VALUE HEDGING RELATIONSHIPS
Interest rate contracts$93  $104  
DERIVATIVES NOT DESIGNATED AS HEDGING INSTRUMENTS
Foreign currency contracts$(83) $54