v3.26.1
PROPERTY, PLANT AND EQUIPMENT
 12 Months Ended
Jun. 30, 2026
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment consists of the following:
June 30,
($ in millions)
20262025
Assets (Useful Life)
Land and improvements(1)
$71 $75 
Buildings and improvements (10 to 40 years)
1,010 1,057 
Machinery and equipment (3 to 20 years)
1,391 1,429 
Computer hardware and software (2 to 10 years)
2,098 1,926 
Furniture and fixtures (5 to 10 years)
142 145 
Leasehold improvements2,687 2,631 
Construction in progress263 462 
   Total property, plant and equipment, gross7,662 7,725 
Less accumulated depreciation and amortization(4,857)(4,553)
   Total property, plant and equipment, net$2,805 $3,172 
(1) Land improvements are depreciated over a 10 year useful life.
Depreciation and amortization of property, plant and equipment was $708 million, $684 million and $663 million in fiscal 2026, 2025 and 2024, respectively. Depreciation and amortization related to the Company’s manufacturing process is included in Cost of sales, accelerated depreciation and amortization related to the restructuring component of the Profit Recovery and Growth Plan is included in Restructuring and other charges and all other depreciation and amortization is included in Selling, general and administrative expenses in the accompanying consolidated statements of earnings (loss).