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EARNINGS PER SHARE (Tables)
6 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share

The components of basic and diluted EPS were as follows:

 

(In millions, except per share amounts)

Three Months Ended

December 31,

 

 

 

Six Months Ended

December 31,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2023

2022

 

 

 

2023

 

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available for common shareholders (A)

$

21,870

$

16,425

 

 

$

44,161

 

 

$

33,981

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average outstanding shares of common stock (B)

7,432

7,451

 

 

 

7,431

 

 

 

7,454

Dilutive effect of stock-based awards

36

22

 

 

 

34

 

 

 

25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock and common stock equivalents (C)

7,468

7,473

 

 

 

7,465

 

 

 

7,479

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic (A/B)

$

2.94

$

2.20

 

 

$

5.94

 

 

$

4.56

Diluted (A/C)

$

2.93

$

2.20

 

 

$

5.92

 

 

$

4.54