XML 33 R22.htm IDEA: XBRL DOCUMENT
v3.25.3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 3 Months Ended
--- | ---
Sep. 30, 2025
Accounting Policies [Abstract] |
Schedule of inventory and promotional merchandise | Inventory and promotional merchandise consists of the following:
(In millions) |  | September 30, 2025 |  | June 30, 2025
Raw materials |  | $ | 593 |  |  | $ | 631 |
Work in process |  | 250 |  |  | 283 |
Finished goods |  | 1,062 |  |  | 996 |
Promotional merchandise |  | 157 |  |  | 164 |
Total inventory and promotional merchandise |  | $ | 2,062 |  |  | $ | 2,074 |
Schedule of property, plant and equipment | Property, plant and equipment consists of the following:
($ in millions) |  | September 30, 2025 |  | June 30, 2025
Assets (Useful Life) |  |  |  |
Land and improvements(1) |  | $ | 74 |  |  | $ | 75 |
Buildings and improvements (10 to 40 years) |  | 1,051 |  |  | 1,057 |
Machinery and equipment (3 to 20 years) |  | 1,431 |  |  | 1,429 |
Computer hardware and software (4 to 10 years) |  | 2,077 |  |  | 1,926 |
Furniture and fixtures (5 to 10 years) |  | 143 |  |  | 145 |
Leasehold improvements |  | 2,646 |  |  | 2,631 |
Construction in progress |  | 319 |  |  | 462 |
Total property, plant and equipment, gross |  | 7,741 |  |  | 7,725 |
Less accumulated depreciation and amortization |  | (4,676) |  |  | (4,553) |
Total property, plant and equipment, net |  | $ | 3,065 |  |  | $ | 3,172 |
(1)Land improvements are depreciated over a 10 year useful life.
Schedule of other accrued liabilities | Other accrued liabilities consist of the following:
(In millions) |  | September 30, 2025 |  | June 30, 2025
Accrued employee compensation |  | $ | 432 |  |  | $ | 551 |
Accrued income taxes |  | 200 |  |  | 282 |
Accrued payroll and other non-income taxes |  | 351 |  |  | 307 |
Accrued restructuring |  | 292 |  |  | 279 |
Accrued sales incentives |  | 318 |  |  | 321 |
Accrued selling, advertising, marketing, promotion and product development |  | 311 |  |  | 287 |
Deferred revenue |  | 332 |  |  | 314 |
Sales return accrual |  | 267 |  |  | 255 |
Other |  | 873 |  |  | 933 |
Total other accrued liabilities |  | $ | 3,376 |  |  | $ | 3,529 |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
Name: | us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accrued liabilities. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(c)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483489/210-10-50-1 + Details
Name: | us-gaap_ScheduleOfInventoryCurrentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration