FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Sep. 30, 2026

Schedule of financial assets and liabilities measured at fair value on a recurring basis

The following table presents the Company’s hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2026:


(In millions)	Level 1		Level 2		Level 3		Total
Assets:
Money market funds	$	1,008	$	—	$	—	$	1,008
Foreign currency forward contracts	—		22		—		22
Cross-currency swap contracts	—		14		—		14
Total	$	1,008	$	36	$	—	$	1,044

Liabilities:

Foreign currency forward contracts	$	—	$	27	$	—	$	27
Interest rate contracts	—		175		—		175
Cross-currency swap contracts	—		8		—		8
Total	$	—	$	210	$	—	$	210

The following table presents the Company’s hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2026:


(In millions)	Level 1		Level 2		Level 3		Total
Assets:
Money market funds	$	1,509	$	—	$	—	$	1,509
Foreign currency forward contracts	—		40		—		40
Cross-currency swap contracts	—		34		—		34

Total	$	1,509	$	74	$	—	$	1,583

Liabilities:
Foreign currency forward contracts	$	—	$	47	$	—	$	47
Interest rate contracts	—		118		—		118
Cross-currency swap contracts	—		1		—		1
Total	$	—	$	166	$	—	$	166

Schedule of estimated fair values of financial instruments

The estimated fair values of the Company’s financial instruments not measured at fair value on a recurring basis are as follows:


	September 30, 2026				June 30, 2026
(In millions)	Carrying Amount		Fair Value		Carrying Amount		Fair Value

Current and long-term debt	$	7,251	$	6,508	$	7,306	$	6,814

Notes payable and deferred consideration	$	133	$	127	$	123	$	122