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DERIVATIVE FINANCIAL INSTRUMENTS - Gain (Loss) on Derivative Financial Instruments (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Gain (loss) on derivative financial instruments        
Amount of Gain or (Loss) Recognized in OCI on Derivatives, Cash Flow Hedging $ 25 $ 158 $ 102 $ (46)
Amounts reclassified to earnings during the year 3 (8) (6) (13)
Cash flow hedges        
Gain (loss) on derivative financial instruments        
Amount of Gain or (Loss) Recognized in OCI on Derivatives, Cash Flow Hedging 8 33 15 (29)
Amounts reclassified to earnings during the year 3 (8) (6) (13)
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     1  
Current debt | Derivatives in fair value hedging relationships        
Gain (loss) on derivative financial instruments        
Carrying Amount of the Hedged Liabilities 251   251  
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     (71)  
Long-term debt | Derivatives in fair value hedging relationships        
Gain (loss) on derivative financial instruments        
Carrying Amount of the Hedged Liabilities 921   921  
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     (70)  
Total debt | Derivatives in fair value hedging relationships        
Gain (loss) on derivative financial instruments        
Carrying Amount of the Hedged Liabilities 1,172   1,172  
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 4,245 3,864 14,176 12,279
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 41 43 125 131
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 (2) 22 5 (43)
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 17 125 87 (17)
Amounts reclassified to earnings during the year 0 0 0 0
Foreign currency forward contracts | Net sales | Cash flow hedges        
Gain (loss) on derivative financial instruments        
Amounts reclassified to earnings during the year 3 (7) (5) (11)
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 10 11 10 14
Interest rate-related derivatives | Interest expense | Cash flow hedges        
Gain (loss) on derivative financial instruments        
Amounts reclassified to earnings during the year 0 (1) (1) (2)
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 69 18 85 23
Net investment hedges        
Gain (loss) on derivative financial instruments        
Gain recognized in earnings related to the amount excluded from effectiveness testing 3 5 8 15
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 (69) (18) (85) (23)
Amount of gain (loss) reclassified from AOCI to earnings (69) (18) (85) (23)
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 $ 17 $ (97) $ (32) $ (34)