FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Narrative) (Details) - USD ($)
$ in Millions |
12 Months Ended |
|
Jun. 30, 2015 |
Jun. 30, 2014 |
Jun. 30, 2013 |
Dec. 31, 2014 |
| FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS [Abstract] |
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|
| Non-qualified deferred compensation plan assets, changes in fair value of trust assets |
$ 7
|
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| Derivative [Line Items] |
|
|
|
|
| Settlement of interest rate forward contracts |
25
|
$ 0
|
$ 0
|
|
| Derivatives |
8
|
17
|
|
|
| Derivative instruments subject to contractually defined counterparty liability position limits |
8
|
11
|
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| Estimated amount of the existing net loss to be reclassified into earnings in the next 12 months |
$ 13
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| Senior notes with an annual fixed interest rate of 3.50% [Member] |
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| Derivative [Line Items] |
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| Debt issued |
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|
$ 500
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| Commodity purchase derivative contracts [Member] |
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| Derivative [Line Items] |
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| Maximum contract duration |
2 years
|
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| Notional amounts |
$ 47
|
36
|
|
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| Cash margin balances amount |
$ 2
|
1
|
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| Interest rate derivative contracts |
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| Derivative [Line Items] |
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| Maximum contract duration |
12 months
|
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| Notional amounts |
$ 0
|
288
|
|
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| Amortization period of settlement payment |
10 years
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| Foreign exchange derivative contracts [Member] |
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| Derivative [Line Items] |
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| Maximum contract duration |
16 months
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| Soybean Oil [Member] | Commodity purchase derivative contracts [Member] |
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| Derivative [Line Items] |
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| Notional amounts |
$ 20
|
17
|
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| Jet Fuel [Member] | Commodity purchase derivative contracts [Member] |
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| Derivative [Line Items] |
|
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| Notional amounts |
27
|
19
|
|
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| Australia [Member] | Foreign exchange derivative contracts [Member] |
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|
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| Derivative [Line Items] |
|
|
|
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| Notional amounts |
35
|
28
|
|
|
| Canada [Member] | Foreign exchange derivative contracts [Member] |
|
|
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| Derivative [Line Items] |
|
|
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| Notional amounts |
64
|
54
|
|
|
| New Zealand [Member] | Foreign exchange derivative contracts [Member] |
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| Derivative [Line Items] |
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| Notional amounts |
$ 6
|
$ 5
|
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