RISK MANAGEMENT ACTIVITIES AND FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Mar. 31, 2022

Risk Management Activities and Fair Value Measurements [Abstract]

Schedule of Derivative Instruments [Table Text Block]

The notional amounts and fair values of financial instruments used in hedging transactions as of March 31, 2022 and June 30, 2021 are as follows:

	Notional Amount				Fair Value Asset				Fair Value (Liability)
	March 31, 2022		June 30, 2021		March 31, 2022		June 30, 2021		March 31, 2022		June 30, 2021
DERIVATIVES IN FAIR VALUE HEDGING RELATIONSHIPS
Interest rate contracts	$	5,241	$	7,415	$	15	$	146	$	(182)	$	—
DERIVATIVES IN NET INVESTMENT HEDGING RELATIONSHIPS
Foreign currency interest rate contracts	$	8,428	$	8,484	$	359	$	89	$	(10)	$	(94)
TOTAL DERIVATIVES DESIGNATED AS HEDGING INSTRUMENTS	$	13,669	$	15,899	$	374	$	235	$	(192)	$	(94)
DERIVATIVES NOT DESIGNATED AS HEDGING INSTRUMENTS
Foreign currency contracts	$	6,916	$	5,060	$	31	$	20	$	(26)	$	(22)
TOTAL DERIVATIVES AT FAIR VALUE	$	20,585	$	20,959	$	405	$	255	$	(218)	$	(116)

Schedule of Derivative Instruments, Effect on 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
	Three Months Ended March 31				Nine Months Ended March 31
	2022		2021		2022		2021
DERIVATIVES IN NET INVESTMENT HEDGING RELATIONSHIPS (1) (2)
Foreign exchange contracts	$	104	$	393	$	530	$	(145)

(1)For the derivatives in net investment hedging relationships, the amount of gain excluded from effectiveness testing, which was recognized in earnings, was $18 and $15 for the three months ended March 31, 2022 and 2021, respectively. The amount of gain excluded from effectiveness testing was $50 and $45 for the nine months ended March 31, 2022 and 2021, 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 recognized in Accumulated other comprehensive income (AOCI) for such instruments was $237 and $509 for the three months ended March 31, 2022 and 2021, respectively. The amount of gain/(loss) recognized in AOCI for such instruments was $804 and $(732) for the nine months ended March 31, 2022 and 2021, respectively.

Derivative Instruments, Gain (Loss) [Table Text Block]

	Amount of Gain/(Loss) Recognized in Earnings
	Three Months Ended March 31				Nine Months Ended March 31
	2022		2021		2022		2021
DERIVATIVES IN FAIR VALUE HEDGING RELATIONSHIPS
Interest rate contracts	$	(216)	$	(100)	$	(313)	$	(95)
DERIVATIVES NOT DESIGNATED AS HEDGING INSTRUMENTS
Foreign currency contracts	$	(2)	$	(87)	$	28	$	221