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INVENTORY AND PROMOTIONAL MERCHANDISE

12 Months Ended

Jun. 30, 2021

Inventory Disclosure [Abstract]

INVENTORY AND PROMOTIONAL MERCHANDISE

INVENTORY AND PROMOTIONAL MERCHANDISE

Inventory and promotional merchandise consists of the following:

						June 30
(In millions)						2021						2020
Raw materials						$	674					$	542
Work in process						330						305
Finished goods						1,213						995
Promotional merchandise						288						220
						$	2,505					$	2,062

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- References

No definition available.

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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