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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 6 Months Ended
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Dec. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Schedule of inventory and promotional merchandise | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31 | ​ | June 30 | ​
(In millions) |  | 2019 |  | 2019 |
Raw materials |  | $ | 519 |  | $ | 541 | ​
Work in process | ​ |  | 237 | ​ |  | 268 | ​
Finished goods | ​ |  | 1,101 | ​ |  | 981 | ​
Promotional merchandise | ​ |  | 201 | ​ |  | 216 | ​
​ |  | $ | 2,058 |  | $ | 2,006 | ​
Schedule of property, plant and equipment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31 | ​ | June 30 | ​
(In millions) |  | 2019 |  | 2019 |
Assets (Useful Life) | ​ | ​ | ​ | ​ | ​ | ​ | ​
Land |  | $ | 29 |  | $ | 29 | ​
Buildings and improvements (10 to 40 years) | ​ |  | 367 | ​ |  | 337 | ​
Machinery and equipment (3 to 10 years) | ​ |  | 836 | ​ |  | 811 | ​
Computer hardware and software (4 to 10 years) | ​ |  | 1,308 | ​ |  | 1,264 | ​
Furniture and fixtures (5 to 10 years) | ​ |  | 117 | ​ |  | 116 | ​
Leasehold improvements | ​ |  | 2,385 | ​ |  | 2,274 | ​
​ | ​ |  | 5,042 | ​ |  | 4,831 | ​
Less accumulated depreciation and amortization | ​ |  | (2,956) | ​ |  | (2,763) | ​
​ |  | $ | 2,086 |  | $ | 2,068 | ​
​
Schedule of other accrued liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31 | ​ | June 30 | ​
(In millions) |  | 2019 |  | 2019 |
Advertising, merchandising and sampling |  | $ | 416 |  | $ | 352 | ​
Employee compensation | ​ |  | 437 | ​ |  | 574 | ​
Deferred revenue | ​ | ​ | 378 | ​ | ​ | 314 | ​
Payroll and other taxes | ​ |  | 325 | ​ |  | 221 | ​
Accrued general and administrative expenses | ​ | ​ | 256 | ​ | ​ | 195 | ​
Other | ​ |  | 1,113 | ​ |  | 943 | ​
​ |  | $ | 2,925 |  | $ | 2,599 | ​
​

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