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Selected Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Jun. 30, 2014
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information | The following is selected quarterly financial data for fiscal 2014 and 2013. The sum of the quarters may not equal year-to-date due to rounding.
(in millions, except per common share amounts) | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter (1)
Fiscal 2014 |  |  |  |  |  |  |
Revenue | $ | 24,523 |  |  | $ | 22,240 |  |  | $ | 21,427 |  |  | $ | 22,894 |
Gross margin | 1,264 |  |  | 1,345 |  |  | 1,297 |  |  | 1,256 |
Distribution, selling, general and administrative expenses | 732 |  |  | 766 |  |  | 736 |  |  | 795 |
Earnings from continuing operations | 340 |  |  | 275 |  |  | 315 |  |  | 234 |
Earnings/(loss) from discontinued operations | (1 | ) |  | 3 |  |  | — |  |  | — |
Net earnings | 339 |  |  | 278 |  |  | 315 |  |  | 234 |
Earnings from continuing operations per common share: |  |  |  |  |  |  |
Basic | $ | 1.00 |  |  | $ | 0.80 |  |  | $ | 0.92 |  |  | $ | 0.69 |
Diluted | 0.99 |  |  | 0.79 |  |  | 0.91 |  |  | 0.68 |
(in millions, except per common share amounts) | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter (2)
Fiscal 2013 |  |  |  |  |  |  |
Revenue | $ | 25,889 |  |  | $ | 25,232 |  |  | $ | 24,552 |  |  | $ | 25,420 |
Gross margin | 1,159 |  |  | 1,224 |  |  | 1,291 |  |  | 1,247 |
Distribution, selling, general and administrative expenses | 690 |  |  | 699 |  |  | 712 |  |  | 775 |
Earnings/(loss) from continuing operations | 272 |  |  | 303 |  |  | 346 |  |  | (586 | )
Loss from discontinued operations, net of tax | (1 | ) |  | — |  |  | (1 | ) |  | — |
Net earnings/(loss) | 271 |  |  | 303 |  |  | 345 |  |  | (586 | )
Earnings/(loss) from continuing operations per common share: |  |  |  |  |  |  |
Basic | $ | 0.80 |  |  | $ | 0.89 |  |  | $ | 1.01 |  |  | $ | (1.72 | )
Diluted (3) | 0.79 |  |  | 0.88 |  |  | 1.00 |  |  | (1.72 | )
(1) | During the fourth quarter of fiscal 2014, we recorded an out-of-period decrease in revenue of $14 million related to customer pricing adjustments, of which $1 million pertained to each of the first three quarters of fiscal 2014 and each quarter of fiscal 2013. The amounts were not material individually or in the aggregate to current or prior periods.
(2) | During the fourth quarter of fiscal 2013, we recorded an out-of-period increase in income tax expense of $14 million related to uncertain tax benefits, of which generally less than $1 million pertained to the each of the first three quarters of fiscal 2013. The amounts were not material individually or in the aggregate to current or prior periods.
(3) | Due to the loss from continuing operations incurred during the fourth quarter of fiscal 2013, potential dilutive common shares have not been included in the denominator of the diluted per share computation for this period due to their antidilutive effect.

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=35737889&loc=d3e1280-108306 + Details
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