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EARNINGS PER SHARE (Tables)
12 Months Ended
Jun. 30, 2023
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,

2023

2022

2021

 

 

 

 

 

 

 

 

 

 

 

 

Net income available for common shareholders (A)

$

72,361

$

72,738

$

61,271

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average outstanding shares of common stock (B)

7,446

7,496

7,547

Dilutive effect of stock-based awards

26

44

61

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock and common stock equivalents (C)

7,472

7,540

7,608

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

Basic (A/B)

$

9.72

$

9.70

$

8.12

Diluted (A/C)

$

9.68

$

9.65

$

8.05