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DERIVATIVE FINANCIAL INSTRUMENTS - Gain (Loss) on Derivative Financial Instruments (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Mar. 31, 2025 | Mar. 31, 2024 | Mar. 31, 2025 | Mar. 31, 2024
Gain (loss) on derivative financial instruments |  |  |  |
Amount of Gain (Loss) Recognized in OCI on Derivatives | $ (52) | $ 47 | $ (5) | $ 22
Amount of Gain (Loss) Reclassified from AOCI into Earnings | 7 | 15 | 32 | 35
Cash flow hedges |  |  |  |
Gain (loss) on derivative financial instruments |  |  |  |
Amount of Gain (Loss) Recognized in OCI on Derivatives | (17) | 36 | 6 | 28
Amount of Gain (Loss) Reclassified from AOCI into Earnings | 7 | 15 | 32 | 35
Net investment hedges |  |  |  |
Gain (loss) on derivative financial instruments |  |  |  |
Amount of Gain (Loss) Recognized in OCI on Derivatives | (35) | 11 | (11) | (6)
Amount of Gain (Loss) Reclassified from AOCI into Earnings | 0 | 0 | 0 | 0
Gain recognized in earnings related to the amount excluded from effectiveness testing | 7 | 3 | 22 | 13
Foreign currency forward contracts | Cash flow hedges |  |  |  |
Gain (loss) on derivative financial instruments |  |  |  |
Amount of Gain (Loss) Recognized in OCI on Derivatives | (17) | 36 | 6 | 28
Foreign currency forward contracts | Net investment hedges |  |  |  |
Gain (loss) on derivative financial instruments |  |  |  |
Amount of Gain (Loss) Recognized in OCI on Derivatives | (29) | 11 | (7) | (6)
Amount of Gain (Loss) Reclassified from AOCI into Earnings | 0 | 0 | 0 | 0
Foreign currency forward contracts | Net sales | Cash flow hedges |  |  |  |
Gain (loss) on derivative financial instruments |  |  |  |
Amount of Gain (Loss) Reclassified from AOCI into Earnings | 7 | 15 | 31 | 36
Interest rate contracts | Cash flow hedges |  |  |  |
Gain (loss) on derivative financial instruments |  |  |  |
Amount of Gain (Loss) Recognized in OCI on Derivatives | 0 | 0 | 0 | 0
Interest rate contracts | Interest expense | Cash flow hedges |  |  |  |
Gain (loss) on derivative financial instruments |  |  |  |
Amount of Gain (Loss) Reclassified from AOCI into Earnings | 0 | 0 | 1 | (1)
Cross-currency swap contracts | Net investment hedges |  |  |  |
Gain (loss) on derivative financial instruments |  |  |  |
Amount of Gain (Loss) Recognized in OCI on Derivatives | (6) | 0 | (4) | 0
Amount of Gain (Loss) Reclassified from AOCI into Earnings | $ 0 | $ 0 | $ 0 | $ 0

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