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POSTRETIREMENT BENEFITS AND EMPLOYEE STOCK OWNERSHIP PLAN (Tables)
 12 Months Ended
Jun. 30, 2022
Retirement Benefits [Abstract]  
Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan [Table Text Block] Obligation and Funded Status. The following provides a reconciliation of benefit obligations, plan assets and funded status of these defined benefit plans:
Pension Benefits (1)
Other Retiree Benefits (2)
Years ended June 302022202120222021
CHANGE IN BENEFIT OBLIGATION
Benefit obligation at beginning of year (3)
$18,469 $17,761 $4,206 $4,770 
Service cost253 275 86 94 
Interest cost253 240 99 114 
Participants' contributions14 13 67 76 
Amendments (5)
5 34 (586)— 
Net actuarial loss/(gain)(4,067)(466)(586)(678)
Special termination benefits4 17 1 2 
Currency translation and other(1,720)1,220 51 64 
Benefit payments(603)(625)(268)(236)
BENEFIT OBLIGATION AT END OF YEAR (3)
$12,608 $18,469 $3,070 $4,206 
CHANGE IN PLAN ASSETS
Fair value of plan assets at beginning of year$13,041 $11,484 $6,444 $5,618 
Actual return on plan assets(1,233)1,058 526 879 
Employer contributions222 202 37 34 
Participants' contributions14 13 67 76 
Currency translation and other(1,268)909 1 2 
ESOP debt impacts (4)
— — 82 71 
Benefit payments(603)(625)(268)(236)
FAIR VALUE OF PLAN ASSETS AT END OF YEAR$10,173 $13,041 $6,889 $6,444 
FUNDED STATUS$(2,435)$(5,428)$3,819 $2,238 
(1)Primarily non-U.S.-based defined benefit retirement plans.
(2)Primarily U.S.-based other postretirement benefit plans.
(3)For the pension benefit plans, the benefit obligation is the projected benefit obligation. For other retiree benefit plans, the benefit obligation is the accumulated postretirement benefit obligation.
(4)Represents the net impact of ESOP debt service requirements, which is netted against plan assets for other retiree benefits.
(5)Primarily relates to adjustments in the self-insured U.S. retiree health care program to utilize fully-insured Medicare Advantage Programs beginning in January 2022.
Schedule of Amounts Recognized in Balance Sheet [Table Text Block] In these instances, benefit payments are typically paid directly from the Company's cash as they become due.
Pension BenefitsOther Retiree Benefits
As of June 302022202120222021
CLASSIFICATION OF NET AMOUNT RECOGNIZED
Noncurrent assets$765 $88 $4,525 $3,193 
Current liabilities(61)(64)(34)(33)
Noncurrent liabilities(3,139)(5,452)(672)(922)
NET AMOUNT RECOGNIZED$(2,435)$(5,428)$3,819 $2,238 
AMOUNTS RECOGNIZED IN ACCUMULATED OTHER COMPREHENSIVE (INCOME)/LOSS (AOCI)
Net actuarial loss/(gain)$1,906 $4,869 $(1,093)$(504)
Prior service cost/(credit)170 198 (907)(471)
NET AMOUNTS RECOGNIZED IN AOCI$2,076 $5,067 $(2,000)$(975)
Schedule of Accumulated and Projected Benefit Obligations [Table Text Block] Information related to the funded status of selected pension and other retiree benefits at June 30 is as follows:
As of June 3020222021
PENSION PLANS WITH A PROJECTED BENEFIT OBLIGATION IN EXCESS OF PLAN ASSETS
Projected benefit obligation$7,989 $11,747 
Fair value of plan assets4,789 6,231 
PENSION PLANS WITH AN ACCUMULATED BENEFIT OBLIGATION IN EXCESS OF PLAN ASSETS
Accumulated benefit obligation$7,191 $11,005 
Fair value of plan assets4,433 6,226 
OTHER RETIREE BENEFIT PLANS WITH AN ACCUMULATED BENEFIT OBLIGATION IN EXCESS OF PLAN ASSETS
Accumulated benefit obligation$808 $1,082 
Fair value of plan assets102 127 
Schedule of Net Benefit Costs [Table Text Block] Net Periodic Benefit Cost. Components of the net periodic benefit cost were as follows:
Pension BenefitsOther Retiree Benefits
Years ended June 30202220212020202220212020
AMOUNTS RECOGNIZED IN NET PERIODIC BENEFIT COST/(CREDIT)
Service cost$253 $275 $247 $86 $94 $100 
Interest cost253 240 276 99 114 160 
Expected return on plan assets(684)(783)(740)(564)(508)(473)
Amortization of net actuarial loss 337 423 340 11 47 68 
Amortization of prior service cost/(credit) 28 25 25 (107)(60)(48)
Amortization of net actuarial (gain)/loss due to settlements(5)5 7 — — — 
Special termination benefits4 17 11 1 2 2 
GROSS BENEFIT COST/(CREDIT)186 202 166 (474)(311)(191)
Dividends on ESOP preferred stock— — — — (8)(19)
NET PERIODIC BENEFIT COST/(CREDIT)$186 $202 $166 $(474)$(319)$(210)
CHANGE IN PLAN ASSETS AND BENEFIT OBLIGATIONS RECOGNIZED IN AOCI
Net actuarial loss/(gain) - current year$(2,150)$(741)$(548)$(1,049)
Prior service cost/(credit) - current year5 34 (586)— 
Amortization of net actuarial loss(337)(423)(11)(47)
Amortization of prior service (cost)/credit(28)(25)107 60 
Amortization of net actuarial loss/(gain) due to settlements5 (5)— — 
Currency translation and other(486)367 13 — 
TOTAL CHANGE IN AOCI(2,991)(793)(1,025)(1,036)
NET AMOUNTS RECOGNIZED IN PERIODIC BENEFIT COST/(CREDIT) AND AOCI$(2,805)$(591)$(1,499)$(1,355)
Defined Benefit Plan, Assumptions [Table Text Block] The weighted average assumptions used to determine benefit obligations recorded on the Consolidated Balance Sheets as of June 30, 2022 and 2021, were as follows: (1)
Pension BenefitsOther Retiree Benefits
As of June 302022202120222021
Discount rate3.7 % 1.7 % 5.0 % 3.2 %
Rate of compensation increase2.8 %2.7 %N/AN/A
Interest crediting rate for cash balance plans4.3 %4.4 %N/AN/A
Health care cost trend rates assumed for next yearN/AN/A6.4 %6.4 %
Rate to which the health care cost trend rate is assumed to decline (ultimate trend rate)N/AN/A4.5 %4.5 %
Year that the rate reaches the ultimate trend rateN/AN/A20282028
(1)Determined as of end of fiscal year.
The weighted average assumptions used to determine net benefit cost recorded on the Consolidated Statement of Earnings for the years ended June 30 were as follows: (1)
Pension BenefitsOther Retiree Benefits
Years ended June 30202220212020202220212020
Discount rate1.7 %1.5 %1.9 %3.2 %3.1 %3.7 %
Expected return on plan assets5.5 %6.5 %6.6 %8.4 %8.4 %8.4 %
Rate of compensation increase2.7 %2.5 %2.6 %N/AN/AN/A
Interest crediting rate for cash balance plans4.4 %4.4 %4.4 %N/AN/AN/A
(1)    Determined as of beginning of fiscal year.
Schedule of Allocation of Plan Assets [Table Text Block] Our target asset allocation for the year ended June 30, 2022, and actual asset allocation by asset category as of June 30, 2022 and 2021, were as follows:
Target Asset AllocationActual Asset Allocation at June 30
Pension BenefitsOther Retiree
Benefits		Pension BenefitsOther Retiree Benefits
Asset Category2022202120222021
Cash— %2 %1 %1 %2 %2 %
Debt securities61 %2 %58 %59 %1 %2 %
Equity securities39 %96 %41 %40 %97 %96 %
TOTAL100 %100 %100 %100 %100 %100 %
Pension and Postretirement Plan Assets By Fair Value Hierarchy Investments valued using net asset value as a practical expedient are not valued using the fair value hierarchy, but rather valued using the net asset value reported by the managers of the funds and as supported by the unit prices of actual purchase and sale transactions.
Pension BenefitsOther Retiree Benefits
As of June 30Fair Value Hierarchy Level20222021Fair Value Hierarchy Level20222021
ASSETS AT FAIR VALUE
Cash and cash equivalents1$78 $82 1$130 $131 
Company common stock— — 1319 275 
Company preferred stock (1)
— — 26,340 5,911 
Fixed income securities (2)
21,545 1,931 2— 3 
Insurance contracts (3)
394 111 — — 
TOTAL ASSETS IN THE FAIR VALUE HIERARCHY1,717 2,124 6,789 6,320 
Investments valued at net asset value (4)
8,456 10,917 100 124 
TOTAL ASSETS AT FAIR VALUE$10,173 13,041 $6,889 6,444 
(1)Company preferred stock is valued based on the value of Company common stock and is presented net of ESOP debt discussed below.
(2)Fixed income securities, classified as Level 2, are estimated by using pricing models or quoted prices of securities with similar characteristics.
(3)Fair values of insurance contracts are valued based on either their cash equivalent value or models that project future cash flows and discount the future amounts to a present value using market-based observable inputs, including credit risk and interest rate curves. The activity for Level 3 assets is not significant for all years presented.
(4)Investments valued using net asset value as a practical expedient are primarily equity and fixed income collective funds.
Schedule of Expected Benefit Payments [Table Text Block]
Total benefit payments expected to be paid to participants, which include payments funded from the Company's assets and payments from the plans are as follows:
Years ending June 30Pension
Benefits		Other Retiree
Benefits
EXPECTED BENEFIT PAYMENTS
2023$571 $177 
2024564 186 
2025590 190 
2026585 193 
2027601 198 
2028 - 20323,459 1,076 
Employee Stock Ownership Plan (ESOP) Disclosures [Table Text Block] The number of preferred shares outstanding at June 30 was as follows:
Shares in thousands202220212020
Allocated25,901 27,759 29,591 
Unallocated1,123 1,769 2,479 
TOTAL SERIES A27,024 29,528 32,070 
Allocated30,719 29,203 27,894 
Unallocated20,120 22,349 24,418 
TOTAL SERIES B50,839 51,552 52,312