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DERIVATIVE FINANCIAL INSTRUMENTS - Gain (Loss) on Derivative Financial Instruments (Details) - USD ($) $ in Millions | 3 Months Ended
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Sep. 30, 2021 | Sep. 30, 2020
Gain (loss) on derivative financial instruments |  |
Amount of Gain or (Loss) Recognized in OCI on Derivatives, Cash Flow Hedging | $ 51 | $ (94)
Amounts reclassified to earnings during the year | (6) | 0
Cash flow hedges |  |
Gain (loss) on derivative financial instruments |  |
Amount of Gain or (Loss) Recognized in OCI on Derivatives, Cash Flow Hedging | 15 | (31)
Amounts reclassified to earnings during the year | (6) | 0
Current debt |  |
Gain (loss) on derivative financial instruments |  |
Cumulative Amount of Fair Value Hedging Gain (Loss) Included in the Carrying Amount of the Hedged Liability | 4 |
Current debt | Derivatives in fair value hedging relationships |  |
Gain (loss) on derivative financial instruments |  |
Carrying Amount of the Hedged Liabilities | 254 |
Long-term debt |  |
Gain (loss) on derivative financial instruments |  |
Cumulative Amount of Fair Value Hedging Gain (Loss) Included in the Carrying Amount of the Hedged Liability | 0 |
Long-term debt | Derivatives in fair value hedging relationships |  |
Gain (loss) on derivative financial instruments |  |
Carrying Amount of the Hedged Liabilities | 992 |
Total debt |  |
Gain (loss) on derivative financial instruments |  |
Cumulative Amount of Fair Value Hedging Gain (Loss) Included in the Carrying Amount of the Hedged Liability | 4 |
Total debt | Derivatives in fair value hedging relationships |  |
Gain (loss) on derivative financial instruments |  |
Carrying Amount of the Hedged Liabilities | 1,246 |
Net sales |  |
Gain (loss) on derivative financial instruments |  |
Total amounts of income and expense line items presented in the consolidated statements of earnings in which the effects of fair value and cash flow hedges are recorded | 4,392 | 3,562
Interest expense |  |
Gain (loss) on derivative financial instruments |  |
Total amounts of income and expense line items presented in the consolidated statements of earnings in which the effects of fair value and cash flow hedges are recorded | 42 | 45
Foreign currency forward contracts | Cash flow hedges |  |
Gain (loss) on derivative financial instruments |  |
Amount of Gain or (Loss) Recognized in OCI on Derivatives, Cash Flow Hedging | 15 | (31)
Foreign currency forward contracts | Net investment hedges |  |
Gain (loss) on derivative financial instruments |  |
Amount of Gain or (Loss) Recognized in OCI on Derivatives, Cash Flow Hedging | 36 | (63)
Amounts reclassified to earnings during the year | 0 | 0
Foreign currency forward contracts | Net sales | Cash flow hedges |  |
Gain (loss) on derivative financial instruments |  |
Amounts reclassified to earnings during the year | (6) | 1
Interest rate-related derivatives | Cash flow hedges |  |
Gain (loss) on derivative financial instruments |  |
Amount of Gain or (Loss) Recognized in OCI on Derivatives, Cash Flow Hedging | 0 | 0
Interest rate-related derivatives | Interest expense | Cash flow hedges |  |
Gain (loss) on derivative financial instruments |  |
Amounts reclassified to earnings during the year | 0 | (1)
Interest rate-related derivatives | Interest expense | Derivatives in fair value hedging relationships |  |
Gain (loss) on derivative financial instruments |  |
Amount of gain (loss) reclassified from AOCI to earnings | 10 | 2
Net investment hedges |  |
Gain (loss) on derivative financial instruments |  |
Gain recognized in earnings related to the amount excluded from effectiveness testing | 2 | 5
Derivatives Designated as Hedging Instruments: | Interest rate-related derivatives | Interest expense | Derivatives in fair value hedging relationships |  |
Gain (loss) on derivative financial instruments |  |
Amount of gain (loss) reclassified from AOCI to earnings | (10) | (2)
Amount of gain (loss) reclassified from AOCI to earnings | (10) | (2)
Derivatives Not Designated as Hedging Instruments: | Foreign currency forward contracts | Selling, general and administrative |  |
Gain (loss) on derivative financial instruments |  |
Amount of gain (loss) reclassified from AOCI to earnings | $ (11) | $ 21

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- Definition Amount of increase (decrease) in the fair value of derivatives recognized in cumulative amount of fair value hedging adjustments included in carrying amount of hedged assets (liabilities) in income statement. + References No definition available. + Details
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- Definition Amount of gain (loss) from excluded component of derivative hedge, recognized in earnings. Excludes recognition under systematic and rational method. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 20 -Section 45 -Paragraph 1A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121577181&loc=SL110061172-113977 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
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- Definition Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4CC -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL109998890-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
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