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REVENUE RECOGNITION (Tables)

3 Months Ended

Sep. 30, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Net Sales by Geographic Region

Disaggregation of net sales by the Company's geographic regions(1) are as follows:

						Three Months Ended September 30,
(In millions)						2025						2024
The Americas						$	1,174					$	1,197
Europe, United Kingdom and Ireland and Emerging Markets ("EUKEM")						901						868
Asia/Pacific(2)						873						806
Mainland China						532						490
						3,480						3,361
Returns associated with restructuring and other activities						1						—
Net sales						$	3,481					$	3,361

(1)The Company has reorganized its geographic regions, effective July 1, 2025 and has presented the information for the three months ended September 30, 2025 and 2024 under this new basis.

(2)The net sales from the Company’s travel retail business are included in the Asia/Pacific region.

Schedule of changes in allowance for credit losses

Changes in the allowance for credit losses are as follows:

(In millions)						September 30, 2025
Balance at June 30, 2025						$	26
Provision for expected credit losses						2
Write-offs, net & other						(1)
Balance at September 30, 2025						$	27

Schedule of significant changes in deferred revenue

Changes in deferred revenue are as follows:

												Three Months Ended September 30,
(In millions)																		2025						2024
Deferred revenue, beginning of period																		$	533					$	560
Revenue recognized that was included in the deferred revenue balance at the beginning of the period																		(127)						(148)
Revenue deferred during the period																		141						154
Other																		1						1
Deferred revenue, end of period																		$	548					$	567

X

- Definition

Tabular disclosure of allowance for credit loss on accounts receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-13

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- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
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- Definition

Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

+ References

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-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
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