XML 251 R12.htm IDEA: XBRL DOCUMENT v3.25.2
PROPERTY, PLANT AND EQUIPMENT
 12 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment consists of the following:
June 30,
($ in millions)
20252024
Assets (Useful Life)  
Land and improvements(1)
$75 $68 
Buildings and improvements (10 to 40 years)
1,057 929 
Machinery and equipment (3 to 20 years)
1,429 1,253 
Computer hardware and software (4 to 10 years)
1,926 1,861 
Furniture and fixtures (5 to 10 years)
145 137 
Leasehold improvements2,631 2,418 
Construction in progress462 500 
   Total property, plant and equipment, gross
7,725 7,166 
Less accumulated depreciation and amortization(4,553)(4,030)
   Total property, plant and equipment, net
$3,172 $3,136 
(1) Land improvements are depreciated over a 10 year useful life.
Depreciation and amortization of property, plant and equipment was $684 million, $663 million and $577 million in fiscal 2025, 2024 and 2023, respectively. Depreciation and amortization related to the Company’s manufacturing process is included in Cost of sales and all other depreciation and amortization is included in Selling, general and administrative expenses in the accompanying consolidated statements of (loss) earnings.