v3.26.1
Goodwill and Other Intangible Assets
12 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
    Changes in the carrying amount of goodwill attributable to each reportable segment were as follows:
($ in millions)Global Flexible Packaging Solutions SegmentGlobal Rigid Packaging Solutions SegmentTotal
Balance as of June 30, 2024 (1)$4,194 $1,151 $5,345 
Acquisitions and acquisition adjustments (2)1,657 4,202 5,859 
Disposals (2)(1)(30)(31)
Foreign currency translation57 46 103 
Balance as of June 30, 20255,907 5,369 11,276 
Acquisitions and acquisition adjustments (2)126 812 938 
Disposals (2)(9)(93)(102)
Foreign currency translation(5)(32)(37)
Balance as of June 30, 2026$6,019 $6,056 $12,075 
(1)    Segment balances have been retroactively adjusted for the change in segment allocation. Refer to Note 21, "Segments" for further information.
(2)    Acquisitions and acquisition adjustments and disposals are detailed in Note 4, "Acquisitions and Divestitures."

Other Intangible Assets, Net

    Other intangible assets, net were comprised of the following:
June 30, 2026
($ in millions)Gross Carrying AmountAccumulated Amortization and Impairment (1)Net Carrying Amount
Customer relationships$7,580 $(1,478)$6,102 
Computer software348 (230)118 
Other 751 (383)368 
Total other intangible assets$8,679 $(2,091)$6,588 
June 30, 2025
($ in millions)Gross Carrying AmountAccumulated Amortization and Impairment (1)Net Carrying Amount
Customer relationships$7,530 $(1,020)$6,510 
Computer software316 (214)102 
Other 1,079 (288)791 
Total other intangible assets$8,925 $(1,522)$7,403 
(1)Accumulated amortization and impairment as of June 30, 2026 and 2025, included $52 million and $39 million, respectively, of accumulated impairment in the Other category. In addition, both June 30, 2026, and 2025 included $13 million of accumulated impairment in the Computer software category.

    Amortization expenses for intangible assets were $577 million, $263 million, and $181 million during the fiscal years 2026, 2025, and 2024, respectively. Amortization expense on intangible assets acquired in business combinations is recorded within amortization of acquired intangible assets in the consolidated statements of income. The remaining amortization is recorded within selling, general, and administrative expenses in the consolidated statements of income. During fiscal year 2026 the Company recorded an impairment charge of $14 million in the Other category. In fiscal year 2025, the Company recorded an impairment charge of $7 million in the Computer software category. In fiscal year 2024 there were no impairment charges recorded on intangible assets.
    Estimated amortization expense for intangible assets for the next five fiscal years ending June 30 is as follows:
($ in millions)Amortization
2027$582 
2028548
2029542
2030528
2031518