PENSION AND POST-RETIREMENT BENEFIT PLANS (Tables)

3 Months Ended

Sep. 30, 2020

Retirement Benefits [Abstract]

Schedule of components of net periodic benefit cost for pension and other post-retirement benefit plans

The components of net periodic benefit cost for the three months ended September 30, 2020 and 2019 consisted of the following:

	Pension Plans								Other than Pension Plans
	U.S.				International				Post-retirement
(In millions)	2020		2019		2020		2019		2020		2019
Service cost	$	11	$	10	$	9	$	9	$	—	$	1
Interest cost	8		8		2		3		1		2
Expected return on plan assets	(13)		(13)		(3)		(3)		—		(1)
Amortization of:
Actuarial loss	5		4		1		1		—		—
Special termination benefits	—		—		2		—		—		—
Net periodic benefit cost	$	11	$	9	$	11	$	10	$	1	$	2

Schedule of amounts recognized in the consolidated balance sheets related to the Company's pension and post-retirement benefit plans

The amounts recognized in the consolidated balance sheets related to the Company’s pension and post-retirement benefit plans consist of the following:

(In millions)	September 30 2020		June 30 2020
Other assets	$	130	$	127
Other accrued liabilities	(27)		(27)
Other noncurrent liabilities	(456)		(440)
Funded status	(353)		(340)
Accumulated other comprehensive loss	319		324
Net amount recognized	$	(34)	$	(16)