CHARGES ASSOCIATED WITH RESTRUCTURING AND OTHER ACTIVITIES (Tables)

3 Months Ended

Sep. 30, 2024

Restructuring and Related Activities [Abstract]

Schedule Of Restructuring And Other Charges Expected To Be Incurred

The Restructuring Program cumulative charges for initiatives approved by the Company during the three months ended September 30, 2024 and through October 25, 2024, were:


	Sales Returns (included in Net Sales)		Cost of Sales		Operating Expenses				Total
(In millions)					Restructuring Charges		Other Charges
Total Charges Approved
Cumulative charges through June 30, 2024	$	—	$	—	$	109	$	78	$	187
Three months ended September 30, 2024	1		9		83		20		113
October 1, 2024 - October 25, 2024	—		—		56		1		57
Cumulative charges through October 25, 2024	$	1	$	9	$	248	$	99	$	357

Included in the above table, Restructuring Program cumulative restructuring charges for initiatives approved by the Company during the three months ended September 30, 2024 and through October 25, 2024, by major cost type were:


(In millions)	Employee- Related Costs		Asset- Related Costs		Contract Terminations		Other Exit Costs		Total
Restructuring Charges Approved
Cumulative charges through June 30, 2024	$	93	$	7	$	—	$	9	$	109
Three months ended September 30, 2024	81		—		—		2		83
October 1, 2024 - October 25, 2024	55		—		—		1		56
Cumulative charges through October 25, 2024	$	229	$	7	$	—	$	12	$	248

Schedule of Total Cumulative Charges Recorded Associated With Restructuring and Other activities

Total cumulative charges recorded associated with restructuring and other activities for the Restructuring Program were:


	Sales Returns (included in Net Sales)		Cost of Sales		Operating Expenses				Total
(In millions)					Restructuring Charges		Other Charges
Total Charges
Cumulative charges through June 30, 2024	$	—	$	—	$	92	$	23	$	115
Three months ended September 30, 2024	—		9		85		12		106
Cumulative charges through September 30, 2024	$	—	$	9	$	177	$	35	$	221


(In millions)	Employee- Related Costs		Asset- Related Costs		Contract Terminations		Other Exit Costs		Total
Restructuring Charges
Cumulative charges through June 30, 2024	$	90	$	2	$	—	$	—	$	92
Three months ended September 30, 2024	82		2		—		1		85
Cumulative charges through September 30, 2024	$	172	$	4	$	—	$	1	$	177

Schedule of Changes in Accrued Restructuring Charges

Changes in accrued restructuring charges from the Restructuring Program for the three months ended September 30, 2024 were:


(In millions)	Employee- Related Costs	Asset- Related Costs	Contract Terminations		Other Exit Costs		Total




Balance at June 30, 2024	88	—	—		—		88

Charges	82	2	—		1		85
Cash payments	(7)	—	—		(1)		(8)
Non-cash asset write-offs	—	(2)	—		—		(2)
Translation and other adjustments	(2)	—	—		—		(2)
Balance at September 30, 2024	161	—	$	—	$	—	$	161