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COMPREHENSIVE INCOME
3 Months Ended
Sep. 30, 2017
Stockholders' Equity Note [Abstract]  
COMPREHENSIVE INCOME
COMPREHENSIVE INCOME
The following table provides a summary of Comprehensive income for the periods indicated:
 
 
Three Months Ended
 
 
9/30/2017
 
9/30/2016
Earnings from continuing operations
 
$
192

 
$
179

Earnings (losses) from discontinued operations, net of tax
 

 

Net earnings
 
192

 
179

Other comprehensive income (loss), net of tax:
 
 
 
 
Foreign currency translation adjustments
 
14

 
(1
)
Net unrealized gains (losses) on derivatives
 
5

 
3

Pension and postretirement benefit adjustments
 

 
1

Total other comprehensive income (loss), net of tax
 
19

 
3

Comprehensive income
 
$
211

 
$
182


Changes in Accumulated other comprehensive net (losses) income by component were as follows for the three months ended September 30:
 
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, 2016
$
(353
)
 
$
(44
)
 
$
(173
)
 
$
(570
)
Other comprehensive income (loss) before reclassifications
(1
)
 

 

 
(1
)
Amounts reclassified from Accumulated other comprehensive net losses

 
4

 
2

 
6

Income tax benefit (expense)

 
(1
)
 
(1
)
 
(2
)
Net current period other comprehensive income (loss)
(1
)
 
3

 
1

 
3

Balance as of September 30, 2016
$
(354
)
 
$
(41
)
 
$
(172
)
 
$
(567
)
Balance as of June 30, 2017
$
(356
)
 
$
(37
)
 
$
(150
)
 
$
(543
)
Other comprehensive income (loss) before reclassifications
16

 
3

 

 
19

Amounts reclassified from Accumulated other comprehensive net losses

 
3

 
1

 
4

Income tax benefit (expense)
(2
)
 
(1
)
 
(1
)
 
(4
)
Net current period other comprehensive income (loss)
14

 
5

 

 
19

Balance as of September 30, 2017
$
(342
)
 
$
(32
)
 
$
(150
)
 
$
(524
)

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 the three months ended September 30, 2017 and 2016, Other comprehensive income (loss) on these loans totaled $(1) and $0, respectively, and there were no amounts reclassified from Accumulated other comprehensive net (losses) income for the periods presented.