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EARNINGS PER SHARE (Tables) | 12 Months Ended
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Jun. 30, 2020
Earnings Per Share [Abstract] |
Basic and Diluted Earnings Per Share | The components of basic and diluted EPS were as follows:
(In millions, except earnings per share) |  |  |  |  |  |  |  |  |
Year Ended June 30, |  | 2020 |  |  | 2019 |  |  | 2018 |
Net income available for common shareholders (A) |  | $ | 44,281 |  |  | $ | 39,240 |  |  | $ | 16,571 |
Weighted average outstanding shares of common stock (B) |  |  | 7,610 |  |  |  | 7,673 |  |  |  | 7,700 |
Dilutive effect of stock-based awards |  |  | 73 |  |  |  | 80 |  |  |  | 94 |
Common stock and common stock equivalents (C) |  |  | 7,683 |  |  |  | 7,753 |  |  |  | 7,794 |
Earnings Per Share |  |  |  |  |  |  |  |  |  |  |  |
Basic (A/B) |  | $ | 5.82 |  |  | $ | 5.11 |  |  | $ | 2.15 |
Diluted (A/C) |  | $ | 5.76 |  |  | $ | 5.06 |  |  | $ | 2.13 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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