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FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Schedule of Financial Instruments Measured at Fair Value) (Details) - USD ($) $ in Millions | Jun. 30, 2021 | Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2018 | Jun. 30, 2017
--- | --- | --- | --- | --- | ---
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Prepaid expenses and other current assets | $ 154 | $ 47 |  |  |
Cash and cash equivalents | 319 | 871 |  |  |
Total assets | 6,334 | 6,213 | $ 5,116 | $ 5,060 | $ 4,573
Notes and loans payable | 0 | 0 |  |  |
Current maturities of long-term debt and Long-term debt | 2,784 | 2,780 |  |  |
Total liabilities | 5,742 | 5,305 |  |  |
Carrying Amount |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Derivative assets | 33 | 1 |  |  |
Derivative liabilities | 0 | 5 |  |  |
Total assets | 343 | 849 |  |  |
Total liabilities | 2,784 | 2,780 |  |  |
Estimated Fair Value |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Derivative assets | 33 | 1 |  |  |
Derivative liabilities | 0 | 5 |  |  |
Total assets in the fair value hierarchy | 343 | 849 |  |  |
Total liabilities | 2,963 | 3,051 |  |  |
Cash and cash equivalents | Fair Value, Inputs, Level 1 | Carrying Amount | Interest-bearing investments, including money market funds |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Cash and cash equivalents | 196 | 584 |  |  |
Cash and cash equivalents | Fair Value, Inputs, Level 1 | Estimated Fair Value | Interest-bearing investments, including money market funds |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Cash and cash equivalents | 196 | 584 |  |  |
Cash and cash equivalents | Fair Value, Inputs, Level 2 | Carrying Amount | Time deposits |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Cash and cash equivalents | 11 | 165 |  |  |
Cash and cash equivalents | Fair Value, Inputs, Level 2 | Estimated Fair Value | Time deposits |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Cash and cash equivalents | 11 | 165 |  |  |
Other assets | Fair Value, Inputs, Level 1 | Carrying Amount | Trust assets for nonqualified deferred compensation plans |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Trust assets for nonqualified deferred compensation plans | 136 | 100 |  |  |
Other assets | Fair Value, Inputs, Level 1 | Estimated Fair Value | Trust assets for nonqualified deferred compensation plans |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Trust assets for nonqualified deferred compensation plans | 136 | 100 |  |  |
Other assets | Fair Value, Inputs, Level 2 | Carrying Amount | Interest rate derivative contracts |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Derivative assets | 24 | 1 |  |  |
Other assets | Fair Value, Inputs, Level 2 | Estimated Fair Value | Interest rate derivative contracts |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Derivative assets | 24 | 1 |  |  |
Notes and loans payable | Notes and loans payable | Fair Value, Inputs, Level 2 | Carrying Amount |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Notes and loans payable | 0 | 0 |  |  |
Notes and loans payable | Notes and loans payable | Fair Value, Inputs, Level 2 | Estimated Fair Value |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Notes and loans payable | 0 | 0 |  |  |
Accounts payable and accrued liabilities | Fair Value, Inputs, Level 1 | Carrying Amount | Commodity purchase contract |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Derivative liabilities | 0 | 1 |  |  |
Accounts payable and accrued liabilities | Fair Value, Inputs, Level 1 | Estimated Fair Value | Commodity purchase contract |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Derivative liabilities | 0 | 1 |  |  |
Accounts payable and accrued liabilities | Fair Value, Inputs, Level 2 | Carrying Amount | Commodity purchase contract |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Derivative liabilities | 0 | 3 |  |  |
Accounts payable and accrued liabilities | Fair Value, Inputs, Level 2 | Carrying Amount | Foreign exchange derivative contracts |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Derivative liabilities | 0 | 1 |  |  |
Accounts payable and accrued liabilities | Fair Value, Inputs, Level 2 | Estimated Fair Value | Commodity purchase contract |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Derivative liabilities | 0 | 3 |  |  |
Accounts payable and accrued liabilities | Fair Value, Inputs, Level 2 | Estimated Fair Value | Foreign exchange derivative contracts |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Derivative liabilities | 0 | 1 |  |  |
Current maturities of long term debt and Long-term debt | Fair Value, Inputs, Level 2 | Carrying Amount | Current maturities of long-term debt and Long-term debt |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Current maturities of long-term debt and Long-term debt | 2,784 | 2,780 |  |  |
Current maturities of long term debt and Long-term debt | Fair Value, Inputs, Level 2 | Estimated Fair Value | Current maturities of long-term debt and Long-term debt |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Current maturities of long-term debt and Long-term debt | 2,963 | 3,051 |  |  |
Prepaid Expenses and Other Current Assets | Fair Value, Inputs, Level 1 | Carrying Amount | Commodity purchase contract |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Prepaid expenses and other current assets | 5 | 0 |  |  |
Prepaid Expenses and Other Current Assets | Fair Value, Inputs, Level 1 | Estimated Fair Value | Commodity purchase contract |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Prepaid expenses and other current assets | 5 | 0 |  |  |
Prepaid Expenses and Other Current Assets | Fair Value, Inputs, Level 2 | Carrying Amount | Commodity purchase contract |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Prepaid expenses and other current assets | 4 | 0 |  |  |
Prepaid Expenses and Other Current Assets | Fair Value, Inputs, Level 2 | Estimated Fair Value | Commodity purchase contract |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] |  |  |  |  |
Prepaid expenses and other current assets | $ 4 | $ 0 |  |  |

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