Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Dec. 31, 2018	Jun. 30, 2018
Current assets
Cash and cash equivalents	$ 162	$ 131
Receivables, net	528	600
Inventories, net	578	506
Prepaid expenses and other current assets	97	74
Total current assets	1,365	1,311
Property, plant and equipment, net of accumulated depreciation and amortization of $2,109 and $2,061, respectively	992	996
Goodwill	1,586	1,602
Trademarks, net	792	795
Other intangible assets, net	127	134
Other assets	211	222
Total assets	5,073	5,060
Current liabilities
Notes and loans payable	235	199
Accounts payable and accrued liabilities	951	1,001
Total current liabilities	1,186	1,200
Long-term debt	2,285	2,284
Other liabilities	789	778
Deferred income taxes	71	72
Total liabilities	4,331	4,334
Commitments and contingencies
Stockholders’ equity
Preferred stock: $1.00 par value; 5,000,000 shares authorized; none issued or outstanding	0	0
Common stock: $1.00 par value; 750,000,000 shares authorized; 158,741,461 shares issued as of December 31, 2018 and June 30, 2018; and 128,090,404 and 127,982,767 shares outstanding as of December 31, 2018 and June 30, 2018, respectively	159	159
Additional paid-in capital	1,014	975
Retained earnings	2,940	2,797
Treasury shares, at cost: 30,651,057 and 30,758,694 shares as of December 31, 2018 and June 30, 2018, respectively	(2,794)	(2,658)
Accumulated other comprehensive net (loss) income	(577)	(547)
Stockholders’ equity	742	726
Total liabilities and stockholders’ equity	$ 5,073	$ 5,060