SEGMENT RESULTS

9 Months Ended

Mar. 31, 2017

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						Nine Months Ended
	3/31/2017			3/31/2016			3/31/2017			3/31/2016
Cleaning	$	497		$	465		$	1,500		$	1,419
Household	486			467			1,329			1,253
Lifestyle	246			254			742			736
International	248			240			755			753
Corporate	—			—			—			—
Total	$	1,477		$	1,426		$	4,326		$	4,161
	Earnings (losses) from continuing operations before income taxes
	Three Months Ended						Nine Months Ended
	3/31/2017			3/31/2016			3/31/2017			3/31/2016
Cleaning	$	132		$	122		$	400		$	394
Household	106			113			246			262
Lifestyle	51			70			190			201
International	20			11			75			65
Corporate	(62		)	(79		)	(173		)	(191		)
Total	$	247		$	237		$	738		$	731

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 27% and 26% for the three and nine months endedMarch 31, 2017, respectively, and 27% for each of the three and nine months endedMarch 31, 2016.

In January 2017, the Company sold an international facility, previously reported in the International reportable segment, which resulted in $23 in cash proceeds from investing activities and a gain of $(10) recorded in Other (income) expense, net, on the condensed consolidated statement of earnings.