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EARNINGS PER SHARE (Tables)
3 Months Ended
Sep. 30, 2022
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)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

2022

 

 

2021

 

 

 

 

 

 

Net income available for common shareholders (A)

 

$

17,556

 

 

$

20,505

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average outstanding shares of common stock (B)

 

 

7,457

 

 

 

7,513

 

Dilutive effect of stock-based awards

 

 

28

 

 

 

54

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock and common stock equivalents (C)

 

 

7,485

 

 

 

7,567

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic (A/B)

 

$

2.35

 

 

$

2.73

 

Diluted (A/C)

 

$

2.35

 

 

$

2.71