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REVENUE RECOGNITION (Tables)

12 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

Schedule of changes in allowance for credit losses

Changes in the allowance for credit losses are as follows:

						June 30
(In millions)						2023						2022
Allowance for credit losses, beginning of period						$	10					$	20
Provision (adjustment) for expected credit losses						6						(3)
Write-offs, net & other						—						(7)
Allowance for credit losses, end of period						$	16					10

Schedule of significant changes in deferred revenue

Changes in deferred revenue are as follows:

						June 30
(In millions)						2023						2022
Deferred revenue, beginning of period						$	362					$	371
Revenue recognized that was included in the deferred revenue balance at the beginning of the period						(343)						(285)
Revenue deferred during the period						538						284
Other						15						(8)
Deferred revenue, end of period						$	572					$	362

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction

As of June 30, 2023, the remaining contractually guaranteed minimum royalty amounts due to the Company during future periods are as follows:

(In millions)						Minimum Remaining Royalties
Fiscal 2024						$	27
Fiscal 2025						$	28
Fiscal 2026						$	29
Fiscal 2027						$	30
Fiscal 2028						$	32
Thereafter						$	194

X

- Definition

Tabular disclosure of allowance for credit loss on accounts receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-13

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X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-10

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- References

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X

- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-SubTopic 10
-Topic 606
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-13

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