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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 154 $ 234
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation, amortization, and impairment 149 151
Net periodic benefit cost 4 2
Amortization of debt discount and deferred financing costs 3 1
Equity in loss of affiliated companies (1) 0
Net foreign exchange (gain)/loss 7 (17)
Share-based compensation (5) 16
Other, net 15 56
Loss from hyperinflationary accounting for Argentine subsidiaries 33 13
Deferred income taxes, net (6) (16)
Changes in operating assets and liabilities, excluding effect of acquisitions, divestitures, and currency (490) (700)
Net cash used in operating activities (135) (260)
Cash flows from investing activities:    
Investments in affiliated companies and other (3) (42)
Business acquisitions (19) (54)
Purchase of property, plant, and equipment, and other intangible assets (124) (152)
Proceeds from divestitures 0 4
Proceeds from sales of property, plant, and equipment, and other intangible assets 4 4
Net cash used in investing activities (142) (240)
Cash flows from financing activities:    
Proceeds from issuance of shares 0 96
Purchase of treasury shares and tax withholdings for share-based incentive plans (46) (202)
Proceeds from issuance of long-term debt 0 1
Repayment of long-term debt (17) (24)
Net borrowing of commercial paper 388 703
Net borrowing/(repayment) of short-term debt 25 (66)
Repayment of lease liabilities (3) (1)
Share buybacks/cancellations (30) 0
Dividends paid (176) (181)
Net cash provided by financing activities 141 326
Effect of exchange rates on cash and cash equivalents (29) (60)
Change in cash and cash equivalents classified as held for sale   21
Net decrease in cash and cash equivalents (165) (213)
Cash and cash equivalents balance at beginning of year 689 775
Cash and cash equivalents balance at end of period 524 562
Supplemental cash flow information:    
Interest paid, net of amounts capitalized 57 40
Income taxes paid 53 35
Supplemental non-cash disclosures relating to investing and financing activities:    
Purchase of property, plant, and equipment, accrued but unpaid 58 77
Contingent liabilities related to acquired businesses, accrued but not paid $ 35 $ 11