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Marketable Securities And Cash Equivalents | 12 Months Ended
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Jun. 30, 2012
Marketable Securities And Cash Equivalents [Abstract] |
Marketable Securities And Cash Equivalents | Note 5. Marketable Securities and Cash Equivalents
|  |  |  | Unrealized |  | Unrealized |  | Fair
|  | Cost |  | Gains |  | Losses |  | Value
|  |  |  |  | (In millions) |  |  |
2012 |  |  |  |  |  |  |  |  |  |  |  |
United States government obligations |  |  |  |  |  |  |  |  |  |  |  |
Maturity less than 1 year |  | $ | 562 |  | $ | - |  | $ | - |  | $ | 562
Maturity 1 to 5 years |  |  | 87 |  |  | 1 |  |  | - |  |  | 88
Corporate debt securities |  |  |  |  |  |  |  |  |  |  |  |
Maturity 1 to 5 years |  |  | 24 |  |  | - |  |  | - |  |  | 24
Other debt securities |  |  |  |  |  |  |  |  |  |  |  |
Maturity less than 1 year |  |  | 385 |  |  | - |  |  | - |  |  | 385
Maturity 1 to 5 years |  |  | 4 |  |  | - |  |  | - |  |  | 4
Equity securities |  |  |  |  |  |  |  |  |  |  |  |
Available-for-sale |  |  | 124 |  |  | 2 |  |  | (4) |  |  | 122
Trading |  |  | 24 |  |  | - |  |  | - |  |  | 24
|  | $ | 1,210 |  | $ | 3 |  | $ | (4) |  | $ | 1,209
|  |  |  | Unrealized |  | Unrealized |  | Fair
|  | Cost |  | Gains |  | Losses |  | Value
|  |  |  |  | (In millions) |  |  |
2011 |  |  |  |  |  |  |  |  |  |  |  |
United States government obligations |  |  |  |  |  |  |  |  |  |  |  |
Maturity less than 1 year |  | $ | 753 |  | $ | - |  | $ | - |  | $ | 753
Maturity 1 to 5 years |  |  | 72 |  |  | 1 |  |  | - |  |  | 73
Government–sponsored enterprise obligations |  |  |  |  |  |  |  |  |  |  |  |
Maturity less than 1 year |  |  | 20 |  |  | - |  |  | - |  |  | 20
Maturity 1 to 5 years |  |  | 54 |  |  | - |  |  | - |  |  | 54
Maturity 5 to 10 years |  |  | 5 |  |  | - |  |  | - |  |  | 5
Maturity greater than 10 years |  |  | 218 |  |  | 8 |  |  | - |  |  | 226
Corporate debt securities |  |  |  |  |  |  |  |  |  |  |  |
Maturity less than 1 year |  |  | 1 |  |  | - |  |  | - |  |  | 1
Maturity 1 to 5 years |  |  | 35 |  |  | 1 |  |  | - |  |  | 36
Other debt securities |  |  |  |  |  |  |  |  |  |  |  |
Maturity less than 1 year |  |  | 215 |  |  | - |  |  | - |  |  | 215
Maturity 1 to 5 years |  |  | 3 |  |  | - |  |  | - |  |  | 3
Maturity 5 to 10 years |  |  | 7 |  |  | - |  |  | - |  |  | 7
Equity securities |  |  |  |  |  |  |  |  |  |  |  |
Available-for-sale |  |  | 159 |  |  | 83 |  |  | (4) |  |  | 238
Trading |  |  | 24 |  |  | - |  |  | - |  |  | 24
|  | $ | 1,566 |  | $ | 93 |  | $ | (4) |  | $ | 1,655
All of the $4 million in unrealized losses at June 30, 2012, arose within the last 12 months and are related to the Company’s investment in one security. The market value of the available-for-sale equity security that has been in an unrealized loss position for less than 12 months is $97 million. The Company evaluated the near-term prospects of the issuer in relation to the severity and duration of the impairment. Based on that evaluation and the Company’s ability and intent to hold this investment for a reasonable period of time sufficient for a forecasted recovery of fair value, the Company does not consider this investment to be other-than-temporarily impaired at June 30, 2012. In December 2011, the Company recorded a $13 million other-than-temporary impairment related to its available-for-sale equity security investment in Metabolix, Inc. (see Note 19 for additional information). The impairment charge is included in asset impairment, exit, and restructuring costs in the consolidated statements of earnings. In June 2012, the Company recorded a $12 million other-than-temporary impairment charge related to its available-for-sale investment in one equity security based on the Company’s assessment of underlying market conditions. The impairment charge is recorded in other (income) expense – net in the consolidated statements of earnings.

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- Definition Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27232-111563 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.2,12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26626-111562 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27161-111563 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26610-111562 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.4) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
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