Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2026

Schedule of Estimated Useful Lives of property, Plant and Equipment

PP&E, including assets held under finance leases, is depreciated using the straight-line method over the estimated useful lives of the assets or, in the case of leasehold improvements and finance leases, over the period of the lease or useful life of the asset as described below. The Company periodically reviews these estimated useful lives and, when appropriate, changes are made prospectively.


Leasehold land						Over lease term
Land improvements						Up to 30 years
Buildings						Up to 50 years
Machinery and equipment						Up to 25 years
Finance leases						Lease term or up to 25 years

Schedule of Long-lived Asset Impairment

Impairments, including the effect of accelerated depreciation, of long-lived assets recognized in the consolidated statements of income were as follows:


	Years ended June 30,
($ in millions)	2026		2025		2024

Other income/(expenses), net	$	6	$	—	$	—
Restructuring, transaction and integration expenses, net	53		8		12
Total impairment losses recognized in the consolidated statements of income	$	59	$	8	$	12