RISK MANAGEMENT ACTIVITIES AND FAIR VALUE MEASUREMENTS - FINANCIAL ASSETS AND LIABILITIES THAT ARE MEASURED AT FAIR VALUE ON A RECURRING BASIS (DETAILS) (Fair Value, Measurements, Recurring [Member], USD $) | Jun. 30, 2013 | Jun. 30, 2012 |
In Millions, unless otherwise specified |
Fair Value, Inputs, Level 1 [Member] | | | | |
Liabilities at fair value: | | | | |
Liabilities recorded & not recorded at fair value | $22,671 | | $25,829 | |
Estimate of Fair Value, Fair Value Disclosure [Member] | | | | |
Liabilities at fair value: | | | | |
Liabilities recorded & not recorded at fair value | 25,842 | | 28,134 | |
Fair Value, Inputs, Level 3 [Member] | | | | |
Liabilities at fair value: | | | | |
Liabilities recorded & not recorded at fair value | 0 | | 0 | |
Fair Value, Inputs, Level 2 [Member] | | | | |
Liabilities at fair value: | | | | |
Liabilities recorded & not recorded at fair value | 3,171 | | 2,305 | |
Portion at Other than Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 1 [Member] | | | | |
Liabilities at fair value: | | | | |
Long-term Debt, Fair Value | 22,671 | [1] | 25,829 | [1] |
Portion at Other than Fair Value, Fair Value Disclosure [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | | | | |
Liabilities at fair value: | | | | |
Long-term Debt, Fair Value | 25,693 | [1] | 27,948 | [1] |
Portion at Other than Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 3 [Member] | | | | |
Liabilities at fair value: | | | | |
Long-term Debt, Fair Value | 0 | [1] | 0 | [1] |
Portion at Other than Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 2 [Member] | | | | |
Liabilities at fair value: | | | | |
Long-term Debt, Fair Value | 3,022 | [1] | 2,119 | [1] |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 1 [Member] | | | | |
Assets at fair value: | | | | |
Assets, Fair Value Disclosure | 23 | [2] | 9 | [2] |
Liabilities at fair value: | | | | |
Liabilities, Fair Value Disclosure | 0 | [3] | 0 | [3] |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 1 [Member] | US Treasury and Government [Member] | | | | |
Assets at fair value: | | | | |
Investment securities | 0 | | 0 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 1 [Member] | Other Investments [Member] | | | | |
Assets at fair value: | | | | |
Investment securities | 23 | | 9 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 1 [Member] | Other Foreign Currency Instruments | | | | |
Assets at fair value: | | | | |
Derivative assets | 0 | [4] | 0 | [4] |
Liabilities at fair value: | | | | |
Derivative liabilities | 0 | [4] | 0 | [4] |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Rate | | | | |
Assets at fair value: | | | | |
Derivative assets | 0 | | 0 | |
Liabilities at fair value: | | | | |
Derivative liabilities | 0 | | 0 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 1 [Member] | Derivatives in Net Investment Hedging Relationships | | | | |
Assets at fair value: | | | | |
Derivative assets | 0 | | 0 | |
Liabilities at fair value: | | | | |
Derivative liabilities | 0 | | 0 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 1 [Member] | Commodities | | | | |
Assets at fair value: | | | | |
Derivative assets | 0 | | 0 | |
Liabilities at fair value: | | | | |
Derivative liabilities | 0 | | 0 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 1 [Member] | Foreign currency hedges | | | | |
Assets at fair value: | | | | |
Derivative assets | 0 | | 0 | |
Liabilities at fair value: | | | | |
Derivative liabilities | 0 | | 0 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | | | | |
Assets at fair value: | | | | |
Assets, Fair Value Disclosure | 2,229 | [2] | 452 | [2] |
Liabilities at fair value: | | | | |
Liabilities, Fair Value Disclosure | 149 | [3] | 186 | [3] |
Portion at Fair Value, Fair Value Disclosure [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | US Treasury and Government [Member] | | | | |
Assets at fair value: | | | | |
Investment securities | 1,571 | | 0 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Other Investments [Member] | | | | |
Assets at fair value: | | | | |
Investment securities | 47 | | 33 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Other Foreign Currency Instruments | | | | |
Assets at fair value: | | | | |
Derivative assets | 19 | [4] | 86 | [4] |
Liabilities at fair value: | | | | |
Derivative liabilities | 90 | [4] | 23 | [4] |
Portion at Fair Value, Fair Value Disclosure [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Interest Rate | | | | |
Assets at fair value: | | | | |
Derivative assets | 191 | | 298 | |
Liabilities at fair value: | | | | |
Derivative liabilities | 59 | | 0 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Derivatives in Net Investment Hedging Relationships | | | | |
Assets at fair value: | | | | |
Derivative assets | 233 | | 32 | |
Liabilities at fair value: | | | | |
Derivative liabilities | 0 | | 19 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Commodities | | | | |
Assets at fair value: | | | | |
Derivative assets | 0 | | 3 | |
Liabilities at fair value: | | | | |
Derivative liabilities | 0 | | 2 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Estimate of Fair Value, Fair Value Disclosure [Member] | Foreign currency hedges | | | | |
Assets at fair value: | | | | |
Derivative assets | 168 | | 0 | |
Liabilities at fair value: | | | | |
Derivative liabilities | 0 | | 142 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 3 [Member] | | | | |
Assets at fair value: | | | | |
Assets, Fair Value Disclosure | 24 | [2] | 24 | [2] |
Liabilities at fair value: | | | | |
Liabilities, Fair Value Disclosure | 0 | [3] | 0 | [3] |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 3 [Member] | US Treasury and Government [Member] | | | | |
Assets at fair value: | | | | |
Investment securities | 0 | | 0 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 3 [Member] | Other Investments [Member] | | | | |
Assets at fair value: | | | | |
Investment securities | 24 | | 24 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 3 [Member] | Other Foreign Currency Instruments | | | | |
Assets at fair value: | | | | |
Derivative assets | 0 | [4] | 0 | [4] |
Liabilities at fair value: | | | | |
Derivative liabilities | 0 | [4] | 0 | [4] |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Rate | | | | |
Assets at fair value: | | | | |
Derivative assets | 0 | | 0 | |
Liabilities at fair value: | | | | |
Derivative liabilities | 0 | | 0 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 3 [Member] | Derivatives in Net Investment Hedging Relationships | | | | |
Assets at fair value: | | | | |
Derivative assets | 0 | | 0 | |
Liabilities at fair value: | | | | |
Derivative liabilities | 0 | | 0 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 3 [Member] | Commodities | | | | |
Assets at fair value: | | | | |
Derivative assets | 0 | | 0 | |
Liabilities at fair value: | | | | |
Derivative liabilities | 0 | | 0 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 3 [Member] | Foreign currency hedges | | | | |
Assets at fair value: | | | | |
Derivative assets | 0 | | 0 | |
Liabilities at fair value: | | | | |
Derivative liabilities | 0 | | 0 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 2 [Member] | | | | |
Assets at fair value: | | | | |
Assets, Fair Value Disclosure | 2,182 | [2] | 419 | [2] |
Liabilities at fair value: | | | | |
Liabilities, Fair Value Disclosure | 149 | [3] | 186 | [3] |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 2 [Member] | US Treasury and Government [Member] | | | | |
Assets at fair value: | | | | |
Investment securities | 1,571 | | 0 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 2 [Member] | Other Investments [Member] | | | | |
Assets at fair value: | | | | |
Investment securities | 0 | | 0 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 2 [Member] | Other Foreign Currency Instruments | | | | |
Assets at fair value: | | | | |
Derivative assets | 19 | [4] | 86 | [4] |
Liabilities at fair value: | | | | |
Derivative liabilities | 90 | [4] | 23 | [4] |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate | | | | |
Assets at fair value: | | | | |
Derivative assets | 191 | | 298 | |
Liabilities at fair value: | | | | |
Derivative liabilities | 59 | | 0 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 2 [Member] | Derivatives in Net Investment Hedging Relationships | | | | |
Assets at fair value: | | | | |
Derivative assets | 233 | | 32 | |
Liabilities at fair value: | | | | |
Derivative liabilities | 0 | | 19 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 2 [Member] | Commodities | | | | |
Assets at fair value: | | | | |
Derivative assets | 0 | | 3 | |
Liabilities at fair value: | | | | |
Derivative liabilities | 0 | | 2 | |
Portion at Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 2 [Member] | Foreign currency hedges | | | | |
Assets at fair value: | | | | |
Derivative assets | 168 | | 0 | |
Liabilities at fair value: | | | | |
Derivative liabilities | $0 | | $142 | |
|
[1] | Long-term debt includes the current portion ($4,540 and $4,095 as of June 30, 2013 and 2012, respectively) of debt instruments. Long-term debt is not recorded at fair value on a recurring basis, but is measured at fair value for disclosure purposes. Fair values are generally estimated based on quoted market prices for identical or similar instruments. |
[2] | Investment securities and all derivative assets are presented in prepaid expenses and other current assets and other noncurrent assets. The amortized cost of the U.S. government securities was $1,604 as of June 30, 2013. All U.S. government securities have contractual maturities between one and five years. Fair values are generally estimated based upon quoted market prices for similar instruments. |
[3] | All liabilities are presented in accrued and other liabilities or other noncurrent liabilities. |
[4] | Other foreign currency instruments are comprised of foreign currency financial instruments that do not qualify as hedges. |