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SEGMENT RESULTS
6 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
SEGMENT RESULTS
SEGMENT RESULTS
The Company operates through strategic business units that are aggregated into four reportable segments based on the economics and nature of the products sold: Cleaning, Household, Lifestyle and International. As a result of Clorox Venezuela being reported as discontinued operations, the results of Clorox Venezuela are no longer included in the International reportable segment.
Certain non-allocated administrative costs, interest income, interest expense and various other non-operating income and expenses are reflected in Corporate. Corporate assets include cash and cash equivalents, other current assets, property and equipment, other investments and deferred taxes.
The table below presents reportable segment information and a reconciliation of the segment information to the Company’s consolidated net sales and earnings from continuing operations before income taxes, with amounts that are not allocated to the reportable segments reflected in Corporate.
 
 
Net sales
 
 
Three Months Ended
 
Six Months Ended
 
 
12/31/2016
 
12/31/2015
 
12/31/2016
 
12/31/2015
Cleaning
 
$
469

 
$
457

 
$
1,003

 
$
954

Household
 
421

 
375

 
843

 
786

Lifestyle
 
260

 
251

 
496

 
482

International
 
256

 
262

 
507

 
513

Corporate
 

 

 

 

Total
 
$
1,406

 
$
1,345

 
$
2,849

 
$
2,735

 
 
 
 
 
 
 
 
 
 
 
Earnings (losses) from continuing operations before income taxes
 
 
Three Months Ended
 
Six Months Ended
 
 
12/31/2016
 
12/31/2015
 
12/31/2016
 
12/31/2015
Cleaning
 
$
104

 
$
123

 
$
268

 
$
272

Household
 
71

 
67

 
140

 
149

Lifestyle
 
77

 
72

 
139

 
131

International
 
28

 
22

 
55

 
54

Corporate
 
(53
)
 
(54
)
 
(111
)
 
(112
)
Total
 
$
227

 
$
230

 
$
491

 
$
494




All intersegment sales are eliminated and are not included in the Company’s reportable segments’ net sales.
Net sales to the Company’s largest customer, Wal-Mart Stores, Inc. and its affiliates, as a percentage of consolidated net sales, were 26% for each of the three and six months ended December 31, 2016 and 2015.