SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Dec. 31, 2013

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Inventory and Promotional Merchandise

	December 31		June 30
(In millions)	2013		2013
Raw materials	$	302.2	$	274.2
Work in process	143.6		116.8
Finished goods	524.9		510.9
Promotional merchandise	175.2		212.0
	$	1,145.9	$	1,113.9

Property, Plant and Equipment

	December 31		June 30
(In millions)	2013		2013
Assets (Useful Life)
Land	$	15.1	$	14.7
Buildings and improvements (10 to 40 years)	200.6		195.4
Machinery and equipment (3 to 10 years)	665.5		647.9
Computer hardware and software (4 to 10 years)	996.4		948.4
Furniture and fixtures (5 to 10 years)	72.9		71.6
Leasehold improvements	1,466.8		1,349.6
	3,417.3		3,227.6
Less accumulated depreciation and amortization	2,021.9		1,876.9
	$	1,395.4	$	1,350.7

Other Accrued Liabilities

	December 31		June 30
(In millions)	2013		2013
Advertising, merchandising and sampling	$	337.5	$	318.6
Employee compensation	345.0		433.3
Payroll and other taxes	192.1		135.7
Accrued income taxes	173.1		81.3
Other	482.2		465.7
	$	1,529.9	$	1,434.6