LEASES (Tables)

12 Months Ended

Jun. 30, 2025

A summary of total lease costs and other information relating to the Company’s finance and operating leases is as follows:


	June 30,
(In millions)	2025			2024			2023
Total lease cost
Finance lease cost:
Amortization of right-of-use assets	$	9		$	11		$	11
Interest on lease liabilities	—			—			—
Operating lease cost	496			458			444
Short-term lease cost	32			45			41
Variable lease cost	252			227			213
Total	$	789		$	741		$	709
Other information
Cash paid for amounts included in the measurement of lease liabilities:
Financing cash flows from finance leases	$	5		$	10		$	15
Operating cash flows from operating leases	$	515		$	489		$	463
Right-of-use assets obtained in exchange for new finance lease liabilities	$	—		$	1		$	34
Right-of-use assets obtained in exchange for new operating lease liabilities	$	537		$	466		$	273

Weighted-average remaining lease term – finance leases	16 years			16 years			14 years
Weighted-average remaining lease term – operating leases	8 years			9 years			9 years
Weighted-average discount rate – finance leases	0.2		%	0.3		%	0.4		%
Weighted-average discount rate – operating leases	2.8		%	2.8		%	2.5		%

Operating lease liability, maturity schedule

The total future minimum lease payments, over the remaining lease term, relating to the Company’s operating and finance leases for each of the next five fiscal years and thereafter is as follows:


(In millions)	Operating Leases		Finance Leases
Fiscal 2026	$	461	$	3
Fiscal 2027	401		2
Fiscal 2028	307		2
Fiscal 2029	230		2
Fiscal 2030	184		2
Thereafter	836		20
Total future minimum lease payments	2,419		31
Less imputed interest	(269)		—
Total	$	2,150	$	31

Finance lease liability, maturity schedule

The total future minimum lease payments, over the remaining lease term, relating to the Company’s operating and finance leases for each of the next five fiscal years and thereafter is as follows:


(In millions)	Operating Leases		Finance Leases
Fiscal 2026	$	461	$	3
Fiscal 2027	401		2
Fiscal 2028	307		2
Fiscal 2029	230		2
Fiscal 2030	184		2
Thereafter	836		20
Total future minimum lease payments	2,419		31
Less imputed interest	(269)		—
Total	$	2,150	$	31

Schedule of operating lease and finance lease liabilities included in the consolidated balance sheet

Operating lease and finance lease liabilities included in the consolidated balance sheet are as follows:


	June 30,
	2025				2024
(In millions)	Operating Leases		Finance Leases		Operating Leases		Finance Leases
Total current liabilities	$	406	$	3	$	354	$	4
Total noncurrent liabilities	1,744		28		1,701		28
Total	$	2,150	$	31	$	2,055	$	32