v3.26.1
STOCK-BASED COMPENSATION PLANS (Tables)
12 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Compensation Cost and Related Income Tax Benefit
Compensation cost and the related income tax benefit recognized for stock-based compensation plans were classified as indicated below for the fiscal years ended June 30:
202620252024
Cost of products sold$$$
Selling and administrative expenses40 70 63 
Research and development costs
Total compensation cost$48 $81 $74 
Related income tax benefit$12 $19 $18 
Schedule of Fair Value of each Stock Option Award Granted The fair value of each stock option award granted during fiscal year 2023 was estimated on the date of grant using the Black-Scholes valuation model and assumptions noted in the following table:
2023
Expected life5.3 years
Weighted-average expected life5.3 years
Expected volatility24.2%
Weighted-average volatility24.2%
Risk-free interest rate3.7%
Weighted-average risk-free interest rate3.7%
Dividend yield3.4%
Weighted-average dividend yield3.4%
Schedule of Stock Option Activity
Details of the Company’s stock option activities are summarized below:
Number of Shares (In thousands)Weighted- Average Exercise Price per ShareAverage Remaining Contractual LifeAggregate Intrinsic Value
Options outstanding as of June 30, 20253,157 $154 4 years$
Granted— 
Exercised(134)112 
Canceled(435)153 
Options outstanding as of June 30, 20262,588 $156 3 years$— 
Options vested as of June 30, 20262,477 $157 3 years$— 
Schedule of Restricted Stock Awards
A summary of the status of the Company’s restricted stock awards is presented below:
Number of Shares (In thousands)Weighted-Average Grant Date Fair Value per Share
Restricted stock awards as of June 30, 2025754 $150 
Granted790 114 
Vested(287)149 
Forfeited(83)139 
Restricted stock awards as of June 30, 20261,174 $127 
Schedule of Performance Share Awards
A summary of the status of the Company’s performance share awards is presented below:
Number of Shares (In thousands)Weighted-Average Grant Date Fair Value per Share
Performance share awards as of June 30, 2025613 $153 
Granted325 125 
Distributed(106)142 
Forfeited(25)133 
Performance share awards as of June 30, 2026807 143 
Performance shares vested and deferred as of June 30, 2026230 $157