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FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Jun. 30, 2025

Fair Value Disclosures [Abstract]

Schedule of financial assets and liabilities measured at fair value on a recurring basis

The following table presents the Company’s hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2025:

(In millions)						Level 1						Level 2						Level 3						Total
Assets:
Money market funds						$	727					$	—					$	—					$	727
Foreign currency forward contracts						—						32						—						32
Cross-currency swap contracts						—						50						—						50
Total						$	727					$	82					$	—					$	809
Liabilities:
Foreign currency forward contracts						$	—					$	97					$	—					$	97
Interest rate contracts						—						104						—						104
Cross-currency swap contracts						—						15						—						15
Total						$	—					$	216					$	—					$	216

The following table presents the Company’s hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2024:

(In millions)						Level 1						Level 2						Level 3						Total
Assets:
Money market funds						$	1,507					$	—					$	—					$	1,507
Foreign currency forward contracts						—						68						—						68
Cross-currency swap contracts						—						80						—						80
Total						$	1,507					$	148					$	—					$	1,655
Liabilities:
Foreign currency forward contracts						$	—					$	21					$	—					$	21
Interest rate contracts						—						145						—						145
Total						$	—					$	166					$	—					$	166

Schedule of estimated fair values of financial instruments

The estimated fair values of the Company’s financial instruments not measured at fair value on a recurring basis are as follows:

						June 30,
						2025												2024
(In millions)						Carrying Amount						Fair Value						Carrying Amount						Fair Value
Current and long-term debt						$	7,317					$	6,794					$	7,771					$	7,174
Deferred consideration payable						$	322					$	323					$	341					$	340

X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-11

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- References

No definition available.

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X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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