OTHER POSTRETIREMENT BENEFITS |
12 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Retirement Benefits [Abstract] | |
| OTHER POSTRETIREMENT BENEFITS | NOTE 18. OTHER POSTRETIREMENT BENEFITS Defined Contribution Plans The Company has defined contribution plans for the benefit of substantially all employees meeting certain eligibility requirements. Employer contributions to such plans were $136 million, $134 million and $134 million for the fiscal years ended June 30, 2025, 2024 and 2023, respectively. Deferred Compensation Plan The Company has non-qualified deferred compensation plans for the benefit of certain management employees. The investment funds offered to the participants generally correspond to the funds offered in the Company’s 401(k) plan, and the account balance fluctuates with the investment returns on those funds. The unfunded obligations of the plans included in Other liabilities as of June 30, 2025 and 2024 were $57 million and $52 million, respectively, and the majority of these plans are closed to new employees.
|