INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2016

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

Earnings from continuing operations before income taxes consisted of the following:

Years ended June 30	2016		2015		2014
United States	$	8,788	$	8,496	$	8,513
International	4,581		2,516		4,996
TOTAL	$	13,369	$	11,012	$	13,509

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Income taxes on continuing operations consisted of the following:

Years ended June 30	2016			2015			2014
CURRENT TAX EXPENSE
U.S. federal	$	1,673		$	2,127		$	1,399
International	1,483			1,142			1,252
U.S. state and local	224			252			237
	3,380			3,521			2,888
DEFERRED TAX EXPENSE
U.S. federal	33			(607		)	145
International and other	(71		)	(189		)	(182		)
	(38		)	(796		)	(37		)
TOTAL TAX EXPENSE	$	3,342		$	2,725		$	2,851

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of the U.S. federal statutory income tax rate to our actual income tax rate on continuing operations is provided below:

Years ended June 30	2016		2015		2014
U.S. federal statutory income tax rate	35.0	%	35.0	%	35.0	%
Country mix impacts of foreign operations	(9.1	)%	(14.0	)%	(10.8	)%
Changes in uncertain tax positions	(0.5	)%	(0.9	)%	(1.7	)%
Venezuela deconsolidation charge	—	%	6.6	%	—	%
Other	(0.4	)%	(2.0	)%	(1.4	)%
EFFECTIVE INCOME TAX RATE	25.0	%	24.7	%	21.1	%

Summary of Income Tax Contingencies [Table Text Block]

A reconciliation of the beginning and ending liability for uncertain tax positions is as follows:

Years ended June 30	2016			2015			2014
BEGINNING OF YEAR	$	1,096		$	1,437		$	1,600
Increases in tax positions for prior years	124			87			146
Decreases in tax positions for prior years	(97		)	(146		)	(296		)
Increases in tax positions for current year	97			118			142
Settlements with taxing authorities	(301		)	(250		)	(135		)
Lapse in statute of limitations	(39		)	(27		)	(33		)
Currency translation	(23		)	(123		)	13
END OF YEAR	$	857		$	1,096		$	1,437

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred income tax assets and liabilities were comprised of the following:

Years ended June 30	2016			2015
DEFERRED TAX ASSETS
Pension and postretirement benefits	$	2,226		$	1,739
Loss and other carryforwards	1,077			1,014
Stock-based compensation	845			949
Advance payments	515			281
Accrued marketing and promotion	240			266
Unrealized loss on financial and foreign exchange transactions	122			183
Fixed assets	216			139
Inventory	61			49
Accrued interest and taxes	55			48
Other	764			839
Valuation allowances	(467		)	(324		)
TOTAL	$	5,654		$	5,183
DEFERRED TAX LIABILITIES
Goodwill and other intangible assets	$	9,461		$	9,530
Fixed assets	1,533			1,590
Unrealized gain on financial and foreign exchange transactions	387			353
Other	105			149
TOTAL	$	11,486		$	11,622