SHORT-TERM AND LONG-TERM DEBT

12 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

SHORT-TERM AND LONG-TERM DEBT

SHORT-TERM AND LONG-TERM DEBT

As of June 30	2024			2023
DEBT DUE WITHIN ONE YEAR
Current portion of long-term debt	$	3,838		$	3,951
Commercial paper	3,327			6,236
Other	26			42
TOTAL	$	7,191		$	10,229
Weighted average interest rate of debt due within one year (1)	3.7		%	4.2		%

(1)Weighted average interest rate of debt due within one year includes the effects of interest rate swaps discussed in Note 9.

As of June 30	2024		2023
LONG-TERM DEBT
3.10% USD note due August 2023	$	—	$	1,000
1.13% EUR note due November 2023	—		1,359
0.50% EUR note due October 2024	534		544
0.63% EUR note due October 2024	855		870
0.55% USD note due October 2025	1,000		1,000
4.10% USD note due January 2026	650		650
2.70% USD note due February 2026	600		600
1.00% USD note due April 2026	1,000		1,000
3.25% EUR note due August 2026	695		707
2.45% USD note due November 2026	875		875
1.90% USD note due February 2027	1,000		1,000
2.80% USD note due March 2027	500		500
4.88% EUR note due May 2027	1,069		1,087
2.85% USD note due August 2027	750		750
3.95% USD note due January 2028	600		600
3.15% EUR note due April 2028	695		—
1.20% EUR note due October 2028	855		870
4.35% USD note due January 2029	600		—
1.25% EUR note due October 2029	534		544
3.00% USD note due March 2030	1,500		1,500
0.35% EUR note due May 2030	534		544
1.20% USD note due October 2030	1,250		1,250
1.95% USD note due April 2031	1,000		1,000
3.25% EUR note due August 2031	695		707
2.30% USD note due February 2032	850		850
4.05% USD note due January 2033	850		850
4.55% USD note due January 2034	750		—
3.20% EUR note due April 2034	909		—
5.55% USD note due March 2037	716		716
1.88% EUR note due October 2038	534		544
3.55% USD note due March 2040	516		516
0.90% EUR note due November 2041	641		652
All other long-term debt	5,550		5,244
Current portion of long-term debt	(3,838)		(3,951)
TOTAL	$	25,269	$	24,378
Weighted average interest rate of long-term debt (1)	3.2%		2.9%

(1)Weighted average interest rate of long-term debt includes the effects of interest rate swaps discussed in Note 9.

Long-term debt maturities during the next five fiscal years are as follows:

Fiscal years ending June 30	2025	2026	2027	2028	2029
Debt maturities	$3,838	$3,367	$4,350	$2,074	$1,867

Credit Facilities

We maintain bank credit facilities to support our ongoing commercial paper program. The current facility is an $8.0 billion facility split between a $3.2 billion five-year facility and a $4.8 billion 364-day facility, which expire in November 2028 and October 2024, respectively. Both facilities can be extended for certain periods of time as specified in the terms of the credit agreement. These facilities are currently undrawn and we anticipate that they will remain undrawn. These credit facilities do not have cross-default or ratings triggers, nor do they have material adverse event clauses, except at the time of signing.