LEASES (Tables)

12 Months Ended

Jun. 30, 2020

The components of lease expense were as follows:

(In millions)


Year Ended June 30,	2020			2019		2018

Operating lease cost	$	2,043	$	1,707	$	1,585


Finance lease cost:
Amortization of right-of-use assets	$	611	$	370	$	243
Interest on lease liabilities		336		247		175


Total finance lease cost	$	947	$	617	$	418

Supplemental cash flow information related to leases was as follows:

(In millions)


Year Ended June 30,	2020			2019		2018

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	1,829	$	1,670	$	1,522
Operating cash flows from finance leases		336		247		175
Financing cash flows from finance leases		409		221		144

Right-of-use assets obtained in exchange for lease obligations:
Operating leases		3,677		2,303		1,571
Finance leases		3,467		2,532		1,933

Supplemental balance sheet information related to leases was as follows:

(In millions, except lease term and discount rate)


June 30,	2020			2019

Operating Leases

Operating lease right-of-use assets	$	8,753		$	7,379


Other current liabilities	$	1,616		$	1,515
Operating lease liabilities		7,671			6,188


Total operating lease liabilities	$	9,287		$	7,703


Finance Leases

Property and equipment, at cost	$	10,371		$	7,041
Accumulated depreciation		(1,385	)		(774	)


Property and equipment, net	$	8,986		$	6,267


Other current liabilities	$	540		$	317
Other long-term liabilities		8,956			6,257


Total finance lease liabilities	$	9,496		$	6,574


Weighted Average Remaining Lease Term

Operating leases		8 years			7 years
Finance leases		13 years			13 years

Weighted Average Discount Rate

Operating leases		2.7%			3.0%
Finance leases		3.9%			4.6%

Maturities of lease liabilities were as follows: