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DERIVATIVE FINANCIAL INSTRUMENTS - Gain (Loss) on Derivative Financial Instruments (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Gain (loss) on derivative financial instruments        
Amount of Gain or (Loss) Recognized in OCI on Derivatives, Cash Flow Hedging $ (120) $ 26 $ 15 $ 77
Amounts reclassified to earnings during the year 22 (3) 37 (9)
Cash flow hedges        
Gain (loss) on derivative financial instruments        
Amount of Gain or (Loss) Recognized in OCI on Derivatives, Cash Flow Hedging (34) (8) 30 7
Amounts reclassified to earnings during the year 22 (3) 37 (9)
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 4,620 5,539 8,550 9,931
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 52 42 98 84
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 (39) (8) 18 7
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 (86) 34 (15) 70
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 22 (2) 37 (8)
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 5 0 12 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) 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 (4) 6 35 16
Net investment hedges        
Gain (loss) on derivative financial instruments        
Gain recognized in earnings related to the amount excluded from effectiveness testing 7 3 13 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 4 (6) (35) (16)
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 $ 6 $ (38) $ 17 $ (49)