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PENSION, DEFERRED COMPENSATION AND POST-RETIREMENT BENEFIT PLANS - Fair Values of the Company's Pension and Post-Retirement Plan Assets by Asset Category (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Defined Benefit Plan Disclosure
Fair value of plan assets	$ 1,686	$ 1,568
Level 1
Defined Benefit Plan Disclosure
Fair value of plan assets	457	388
Level 2
Defined Benefit Plan Disclosure
Fair value of plan assets	791	825
Level 3
Defined Benefit Plan Disclosure
Fair value of plan assets	54	49
Assets Measured at NAV
Defined Benefit Plan Disclosure
Fair value of plan assets	384	306
Cash and cash equivalents
Defined Benefit Plan Disclosure
Fair value of plan assets	2	2
Cash and cash equivalents | Level 1
Defined Benefit Plan Disclosure
Fair value of plan assets	2	2
Cash and cash equivalents | Level 2
Defined Benefit Plan Disclosure
Fair value of plan assets	0	0
Cash and cash equivalents | Level 3
Defined Benefit Plan Disclosure
Fair value of plan assets	0	0
Cash and cash equivalents | Assets Measured at NAV
Defined Benefit Plan Disclosure
Fair value of plan assets	0	0
Short term investment funds
Defined Benefit Plan Disclosure
Fair value of plan assets	13	13
Short term investment funds | Level 1
Defined Benefit Plan Disclosure
Fair value of plan assets	0	0
Short term investment funds | Level 2
Defined Benefit Plan Disclosure
Fair value of plan assets	7	7
Short term investment funds | Level 3
Defined Benefit Plan Disclosure
Fair value of plan assets	0	0
Short term investment funds | Assets Measured at NAV
Defined Benefit Plan Disclosure
Fair value of plan assets	6	6
Government and agency securities
Defined Benefit Plan Disclosure
Fair value of plan assets	124	152
Government and agency securities | Level 1
Defined Benefit Plan Disclosure
Fair value of plan assets	0	0
Government and agency securities | Level 2
Defined Benefit Plan Disclosure
Fair value of plan assets	124	152
Government and agency securities | Level 3
Defined Benefit Plan Disclosure
Fair value of plan assets	0	0
Government and agency securities | Assets Measured at NAV
Defined Benefit Plan Disclosure
Fair value of plan assets	0	0
Commingled funds
Defined Benefit Plan Disclosure
Fair value of plan assets	$ 1,389	1,259
Commingled funds | Minimum
Defined Benefit Plan Disclosure
Monthly and quarterly redemption notice periods	10 days
Commingled funds | Maximum
Defined Benefit Plan Disclosure
Monthly and quarterly redemption notice periods	30 days
Commingled funds | Level 1
Defined Benefit Plan Disclosure
Fair value of plan assets	$ 455	386
Commingled funds | Level 2
Defined Benefit Plan Disclosure
Fair value of plan assets	660	666
Commingled funds | Level 3
Defined Benefit Plan Disclosure
Fair value of plan assets	0	0
Commingled funds | Assets Measured at NAV
Defined Benefit Plan Disclosure
Fair value of plan assets	274	207
Insurance contracts
Defined Benefit Plan Disclosure
Fair value of plan assets	54	49
Insurance contracts | Level 1
Defined Benefit Plan Disclosure
Fair value of plan assets	0	0
Insurance contracts | Level 2
Defined Benefit Plan Disclosure
Fair value of plan assets	0	0
Insurance contracts | Level 3
Defined Benefit Plan Disclosure
Fair value of plan assets	54	49	$ 49
Insurance contracts | Assets Measured at NAV
Defined Benefit Plan Disclosure
Fair value of plan assets	0	0
Limited partnerships and hedge fund investments
Defined Benefit Plan Disclosure
Fair value of plan assets	$ 104	93
Limited partnerships and hedge fund investments | Minimum
Defined Benefit Plan Disclosure
Monthly and quarterly redemption notice periods	30 days
Limited partnerships and hedge fund investments | Maximum
Defined Benefit Plan Disclosure
Monthly and quarterly redemption notice periods	90 days
Limited partnerships and hedge fund investments | Level 1
Defined Benefit Plan Disclosure
Fair value of plan assets	$ 0	0
Limited partnerships and hedge fund investments | Level 2
Defined Benefit Plan Disclosure
Fair value of plan assets	0	0
Limited partnerships and hedge fund investments | Level 3
Defined Benefit Plan Disclosure
Fair value of plan assets	0	0
Limited partnerships and hedge fund investments | Assets Measured at NAV
Defined Benefit Plan Disclosure
Fair value of plan assets	$ 104	$ 93

X

- Definition

Defined benefit plan, plan AssetsNotice period the entity is required to deliver before it can redeem an investment calculated using net asset value per share, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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Amount of asset segregated and restricted to provide benefit under defined benefit plan. Asset includes, but is not limited to, stock, bond, other investment, earning from investment, and contribution by employer and employee.

+ References

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