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COMPREHENSIVE INCOME
 6 Months Ended
Dec. 31, 2016
Stockholders' Equity Note [Abstract]  
COMPREHENSIVE INCOME
COMPREHENSIVE INCOME
The following table provides a summary of Comprehensive income for the periods indicated:
 
Three Months Ended
 
Six Months Ended
 
12/31/2016
 
12/31/2015
 
12/31/2016
 
12/31/2015
Earnings from continuing operations
$
150

 
$
151

 
$
329

 
$
324

Earnings (losses) from discontinued operations, net of tax
(1
)
 
(2
)
 
(1
)
 
(3
)
Net earnings
149

 
149

 
328

 
321

Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
Foreign currency translation adjustments
(17
)
 
(24
)
 
(18
)
 
(67
)
Net unrealized gains (losses) on derivatives
4

 
3

 
7

 
6

Pension and postretirement benefit adjustments
1

 
1

 
2

 
2

Total other comprehensive income (loss), net of tax
(12
)
 
(20
)
 
(9
)
 
(59
)
Comprehensive income
$
137

 
$
129

 
$
319

 
$
262


Changes in Accumulated other comprehensive net (losses) income by component for the six months ended December 31 were as follows:
 
Foreign currency translation adjustments
 
Net unrealized gains (losses) on derivatives
 
Pension and postretirement benefit adjustments
 
Accumulated other comprehensive (losses) income
Balance as of June 30, 2015
$
(300
)
 
$
(53
)
 
$
(149
)
 
$
(502
)
Other comprehensive (loss) income before reclassifications
(61
)
 
(2
)
 
—

 
(63
)
Amounts reclassified from accumulated other comprehensive net losses
—

 
8

 
3

 
11

Income tax benefit (expense)
(6
)
 
—

 
(1
)
 
(7
)
Net current period other comprehensive income (loss)
(67
)
 
6

 
2

 
(59
)
Balance as of December 31, 2015
$
(367
)
 
$
(47
)
 
$
(147
)
 
$
(561
)
Balance as of June 30, 2016
$
(353
)
 
$
(44
)
 
$
(173
)
 
$
(570
)
Other comprehensive (loss) income before reclassifications
(20
)
 
2

 
—

 
(18
)
Amounts reclassified from accumulated other comprehensive net losses
—

 
7

 
4

 
11

Income tax benefit (expense)
2

 
(2
)
 
(2
)
 
(2
)
Net current period other comprehensive income (loss)
(18
)
 
7

 
2

 
(9
)
Balance as of December 31, 2016
$
(371
)
 
$
(37
)
 
$
(171
)
 
$
(579
)

Included in foreign currency translation adjustments are re-measurement losses on long-term intercompany loans where settlement is not planned or anticipated in the foreseeable future. For both the three and six months ended December 31, 2016, Other comprehensive income (loss) on these loans totaled $(3). For the three and six months ended December 31, 2015, Other comprehensive income (loss) on these loans totaled $(6) and $(11), respectively. There were no amounts reclassified from Accumulated other comprehensive net (losses) income for the periods presented.