v3.26.1
FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Summary of Company’s Assets Measured at Fair Value on Recurring Basis
The following table summarizes the Company’s assets measured at fair value:
As of June 30, 2026As of June 30, 2025
Level 1
Level 2
Level 3
Total
Level 1
Level 2
Level 3
Total
(in millions)
Assets:
Interest rate derivatives—cash flow hedges$— $6 $— $6 $— $12 $— $12 
Equity and other securities
48 57 802 907 67 50 814 931 
Total assets$48 $63 $802 $913 $67 $62 $814 $943 
Summary of Hedges Classified as Current or Non-Current in Balance Sheets Based on Maturity Dates
Derivatives are classified as current or non-current in the Balance Sheets based on their maturity dates. Refer to the table below for further details:
Fair value as of June 30,
Balance Sheet Classification
20262025
(in millions)
Interest rate derivatives—cash flow hedgesOther current assets$6 $7 
Interest rate derivatives—cash flow hedgesOther non-current assets— 5 
Financial Instruments and Fair Value Measurements - Summary of Derivative Instruments Designated as Cash Flow Hedges
The following tables present the impact that changes in the fair values had on Accumulated other comprehensive loss and the Statements of Operations during the fiscal years ended June 30, 2026, 2025 and 2024 for derivatives designated as cash flow hedges:
Gains (losses) recognized in Accumulated other comprehensive loss for the fiscal years ended June 30, 2026, 2025 and 2024, by derivative instrument:
For the fiscal years ended June 30,
202620252024
(in millions)
Interest rate derivatives—cash flow hedges
$3 $(3)$10 
(Gains) losses reclassified from Accumulated other comprehensive loss into the Statements of Operations for the fiscal years ended June 30, 2026, 2025 and 2024, by derivative instrument:
Income Statement Classification
For the fiscal years ended June 30,
202620252024
(in millions)
Interest rate derivatives—cash flow hedges
Interest income (expense), net$(9)$(13)$(17)