CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2020	Jun. 30, 2020
Current assets
Cash and cash equivalents	$ 4,267	$ 5,022
Accounts receivable, net	1,812	1,194
Inventory and promotional merchandise	2,204	2,062
Prepaid expenses and other current assets	512	614
Total current assets	8,795	8,892
Property, plant and equipment, net	2,077	2,055
Other assets
Operating lease right-of-use assets	2,322	2,282
Goodwill	1,421	1,401
Other intangible assets, net	2,358	2,338
Other assets	930	813
Total other assets	7,031	6,834
Total assets	17,903	17,781
Current liabilities
Current debt	473	1,222
Accounts payable	1,178	1,177
Operating lease liabilities	399	375
Other accrued liabilities	2,694	2,405
Total current liabilities	4,744	5,179
Noncurrent liabilities
Long-term debt	4,913	4,914
Long-term operating lease liabilities	2,309	2,278
Other noncurrent liabilities	1,456	1,448
Total noncurrent liabilities	8,678	8,640
Contingencies
Equity
Common stock, $.01 par value; Class A shares authorized: 1,300,000,000 at September 30, 2020 and June 30, 2020; shares issued: 453,152,184 at September 30, 2020 and 451,927,441 at June 30, 2020; Class B shares authorized: 304,000,000 at September 30, 2020 and June 30, 2020; shares issued and outstanding: 135,067,429 at September 30, 2020 and 135,235,429 at June 30, 2020	6	6
Paid-in capital	4,913	4,790
Retained earnings	10,480	10,134
Accumulated other comprehensive loss	(594)	(665)
Stockholders' equity before treasury stock	14,805	14,265
Less: Treasury stock, at cost; 226,727,480 Class A shares at September 30, 2020 and 226,637,238 Class A shares at June 30, 2020	(10,353)	(10,330)
Total stockholders’ equity – The Estée Lauder Companies Inc.	4,452	3,935
Noncontrolling interests	29	27
Total equity	4,481	3,962
Total liabilities and equity	$ 17,903	$ 17,781