XML 14 R33.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

PENSION AND POST-RETIREMENT BENEFIT PLANS (Tables)

6 Months Ended

Dec. 31, 2019

PENSION AND POST-RETIREMENT BENEFIT PLANS

Schedule of components of net periodic benefit cost for pension and other post-retirement benefit plans

​

The components of net periodic benefit cost for the three months ended December 31, 2019 and 2018 consisted of the following:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Other than

​

​

Pension Plans

​

Pension Plans

​

​

U.S.

​

International

​

Post-retirement

(In millions)

2019

2018

2019

2018

2019

2018

Service cost

$

10

$

9

$

9

$

7

$

1

$

—

Interest cost

​

9

​

9

​

2

​

3

​

1

​

2

Expected return on plan assets

​

(13)

​

(13)

​

(4)

​

(4)

​

—

​

—

Amortization of:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Actuarial loss

​

3

​

2

​

2

​

2

​

—

​

—

Net periodic benefit cost

$

9

$

7

$

9

$

8

$

2

$

2

​

The components of net periodic benefit cost for the six months ended December 31, 2019 and 2018 consisted of the following:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Other than

​

Pension Plans

Pension Plans

​

U.S.

International

Post-retirement

(In millions)

2019

2018

2019

2018

2019

2018

Service cost

​

$

20

​

$

18

​

$

18

​

$

15

​

$

2

​

$

1

Interest cost

​

17

​

18

​

5

​

6

​

3

​

4

Expected return on plan assets

​

(26)

​

(26)

​

(7)

​

(7)

​

(1)

​

(1)

Amortization of:

​

​

​

​

​

​

Actuarial loss

​

7

​

5

​

3

​

2

​

—

​

—

Net periodic benefit cost

​

$

18

​

$

15

​

$

19

​

$

16

​

$

4

​

$

4

​

Schedule of amounts recognized in the consolidated balance sheets related to the Company's pension and post-retirement benefit plans

​

​	​	​	​	​	​	​
​	​	December 31		​	June 30
(In millions)		2019			2019
Other assets		$	123		$	105
Other accrued liabilities	​		(27)	​		(27)
Other noncurrent liabilities	​		(434)	​		(418)
Funded status	​		(338)	​		(340)
Accumulated other comprehensive loss	​		325	​		334
Net amount recognized		$	(13)		$	(6)

X

- References

No definition available.

+ Details

Name:	us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts that are recognized in the balance sheet (or statement of financial position) for pension plans and/or other employee benefit plans, showing separately the assets and current and noncurrent liabilities (if applicable) recognized.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAmountsRecognizedInBalanceSheetTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration