SEGMENT RESULTS

6 Months Ended

Dec. 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.

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, prepaid expenses and 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
	12/31/2017			12/31/2016			12/31/2017			12/31/2016
Cleaning	$	472		$	469		$	1,031		$	1,003
Household	410			421			851			843
Lifestyle	268			260			514			496
International	266			256			520			507
Corporate	—			—			—			—
Total	$	1,416		$	1,406		$	2,916		$	2,849
	Earnings (losses) from continuing operations before income taxes
	Three Months Ended						Six Months Ended
	12/31/2017			12/31/2016			12/31/2017			12/31/2016
Cleaning	$	121		$	104		$	293		$	268
Household	54			71			127			140
Lifestyle	69			77			133			139
International	23			28			46			55
Corporate	(40		)	(53		)	(93		)	(111		)
Total	$	227		$	227		$	506		$	491

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, 2017 and 2016.

In August 2017, the Company sold the Aplicare business, previously reported in the Cleaning reportable segment. For the fiscal year ended June 30, 2017, the Aplicare business had net sales of $46 and insignificant net earnings excluding the $21 non-cash impairment charge recorded in December 2016.