INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2025

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

Earnings before income taxes consisted of the following:

Fiscal years ended June 30	2025		2024		2023
United States	$	13,911	$	12,246	$	12,107
International	6,256		6,515		6,246
TOTAL	$	20,167	$	18,761	$	18,353

Schedule of Components of Income Tax Expense (Benefit)

Income taxes consisted of the following:

Fiscal years ended June 30	2025		2024		2023
CURRENT TAX EXPENSE
U.S. federal	$	2,215	$	1,954	$	2,303
International	1,330		1,708		1,412
U.S. state and local	407		368		353
TOTAL	3,953		4,031		4,068
DEFERRED TAX EXPENSE/(BENEFIT)
U.S. federal	9		(133)		(224)
International and other	141		(111)		(229)
TOTAL	149		(244)		(453)
TOTAL TAX EXPENSE	$	4,102	$	3,787	$	3,615

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the U.S. federal statutory income tax rate to our actual effective income tax rate is provided below:

Fiscal years ended June 30	2025		2024		2023
U.S. federal statutory income tax rate	21.0	%	21.0	%	21.0	%
Country mix impacts of foreign operations	(0.4)	%	0.1	%	(0.5)	%
State income taxes, net of federal benefit	1.7	%	1.8	%	1.6	%
Excess tax benefits from the exercise of stock options	(1.4)	%	(1.5)	%	(1.0)	%
Foreign derived intangible income deduction (FDII)	(0.8)	%	(1.1)	%	(0.8)	%
Changes in uncertain tax positions	0.1	%	0.1	%	0.1	%
Other	0.2	%	(0.2)	%	(0.7)	%
EFFECTIVE INCOME TAX RATE	20.3	%	20.2	%	19.7	%

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending liability for uncertain tax positions is as follows:

Fiscal years ended June 30	2025		2024		2023
BEGINNING OF YEAR	$	582	$	515	$	583
Increases in tax positions for prior years	240		157		113
Decreases in tax positions for prior years	(181)		(133)		(119)
Increases in tax positions for current year	57		160		60
Settlements with taxing authorities	(65)		(100)		(108)
Lapse in statute of limitations	(6)		(9)		(7)
Currency translation	7		(8)		(7)
END OF YEAR	$	634	$	582	$	515

Schedule of Deferred Tax Assets and Liabilities

Deferred income tax assets and liabilities were comprised of the following:

As of June 30	2025		2024
DEFERRED TAX ASSETS
Capitalized research & development	$	1,251	$	1,140
Loss and other carryforwards	857		892
Pension and other retiree benefits	601		592
Accrued marketing and promotion	497		460
Stock-based compensation	445		433
Unrealized loss on financial and foreign exchange transactions	358		107
Fixed assets	230		206
Lease liabilities	212		199
Other	758		843
Valuation allowances	(293)		(290)
TOTAL	$	4,915	$	4,582
DEFERRED TAX LIABILITIES
Goodwill and other intangible assets	$	5,475	$	5,459
Fixed assets	1,547		1,573
Other retiree benefits	1,102		1,319
Lease right-of-use assets	209		196
Foreign withholding tax on earnings to be repatriated	131		104
Unrealized gain on financial and foreign exchange transactions	96		263
Other	492		441
TOTAL	$	9,052	$	9,355