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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 3 Months Ended
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Sep. 30, 2023
Accounting Policies [Abstract] |
Schedule of inventory and promotional merchandise | Inventory and promotional merchandise consists of the following:
(In millions) |  | September 30, 2023 |  | June 30, 2023
Raw materials |  | $ | 863 |  |  | $ | 876 |
Work in process |  | 325 |  |  | 362 |
Finished goods |  | 1,334 |  |  | 1,404 |
Promotional merchandise |  | 341 |  |  | 337 |
|  | $ | 2,863 |  |  | $ | 2,979 |
Schedule of property, plant and equipment | Property, plant and equipment consists of the following:
(In millions) |  | September 30, 2023 |  | June 30, 2023
Assets (Useful Life) |  |  |  |
Land and improvements(1) |  | $ | 68 |  |  | $ | 70 |
Buildings and improvements (10 to 40 years) |  | 852 |  |  | 843 |
Machinery and equipment (3 to 10 years) |  | 1,083 |  |  | 1,071 |
Computer hardware and software (4 to 10 years) |  | 1,767 |  |  | 1,651 |
Furniture and fixtures (5 to 10 years) |  | 137 |  |  | 136 |
Leasehold improvements |  | 2,336 |  |  | 2,310 |
Construction in progress |  | 691 |  |  | 827 |
|  | 6,934 |  |  | 6,908 |
Less accumulated depreciation and amortization |  | (3,831) |  |  | (3,729) |
|  | $ | 3,103 |  |  | $ | 3,179 |
(1)Land improvements are depreciated over a 10 year useful life.
Schedule of other accrued liabilities | Other accrued liabilities consist of the following:
(In millions) |  | September 30, 2023 |  | June 30, 2023
Employee compensation |  | $ | 472 |  |  | $ | 546 |
Accrued sales incentives |  | 371 |  |  | 321 |
Deferred revenue |  | 336 |  |  | 323 |
Payroll and other non-income taxes |  | 307 |  |  | 297 |
Sales return accrual |  | 313 |  |  | 289 |
Other |  | 1,501 |  |  | 1,440 |
|  | $ | 3,300 |  |  | $ | 3,216 |

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