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DERIVATIVE FINANCIAL INSTRUMENTS - Additional Information Regarding the Effects of Fair Value and Cash Flow Hedging Relationships (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2023 | Dec. 31, 2022
Gain (loss) on derivative financial instruments |  |  |  |
Amount of gain reclassified from AOCI into earnings | $ 11 | $ 22 | $ 20 | $ 37
Cash flow hedges |  |  |  |
Gain (loss) on derivative financial instruments |  |  |  |
Amount of gain reclassified from AOCI into earnings | 11 | 22 | 20 | 37
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 | 4,279 | 4,620 | 7,797 | 8,550
Selling, general and administrative |  |  |  |
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 | 2,544 | 2,630 | 4,893 | 4,874
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 | 98 | 52 | 193 | 98
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 | (49) | (4) | (20) | 35
Interest rate-related derivatives | Interest expense | Cash flow hedges |  |  |  |
Gain (loss) on derivative financial instruments |  |  |  |
Amount of gain reclassified from AOCI into earnings | (1) | 0 | (1) | 0
Interest rate-related derivatives | Interest expense | Derivatives Designated as Hedging Instruments: | Derivatives in fair value hedging relationships |  |  |  |
Gain (loss) on derivative financial instruments |  |  |  |
Amount of gain (loss) reclassified from AOCI to earnings | 49 | 4 | 20 | (35)
Cross-currency swap contracts | Selling, general and administrative | Derivatives in fair value hedging relationships |  |  |  |
Gain (loss) on derivative financial instruments |  |  |  |
Amount of gain (loss) reclassified from AOCI to earnings | 24 | 0 | 11 | 0
Cross-currency swap contracts | Selling, general and administrative | Derivatives Designated as Hedging Instruments: | Derivatives in fair value hedging relationships |  |  |  |
Gain (loss) on derivative financial instruments |  |  |  |
Amount of gain (loss) reclassified from AOCI to earnings | (24) | 0 | (11) | 0
Foreign currency forward contracts | Net sales | Cash flow hedges |  |  |  |
Gain (loss) on derivative financial instruments |  |  |  |
Amount of gain reclassified from AOCI into earnings | $ 12 | $ 22 | $ 21 | $ 37

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