SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Mar. 31, 2020

Accounting Policies [Abstract]

Schedule of inventory and promotional merchandise

Inventory and promotional merchandise consists of:

(In millions)	March 31 2020		June 30 2019
Raw materials	$	540	$	541
Work in process	261		268
Finished goods	1,106		981
Promotional merchandise	180		216
	$	2,087	$	2,006

Schedule of property, plant and equipment

(In millions)	March 31 2020		June 30 2019
Assets (Useful Life)
Land	$	33	$	29
Buildings and improvements (10 to 40 years)	385		337
Machinery and equipment (3 to 10 years)	840		811
Computer hardware and software (4 to 10 years)	1,297		1,264
Furniture and fixtures (5 to 10 years)	117		116
Leasehold improvements	2,370		2,274
	5,042		4,831
Less accumulated depreciation and amortization	(2,950)		(2,763)
	$	2,092	$	2,068

Schedule of other accrued liabilities

Other accrued liabilities consist of the following:

(In millions)	March 31 2020		June 30 2019
Advertising, merchandising and sampling	$	405	$	352
Employee compensation	379		574
Deferred revenue	306		314
Other	1,531		1,359
	$	2,621	$	2,599