EMPLOYEE BENEFIT PLANS

3 Months Ended

Sep. 30, 2018

Defined Benefit Plan [Abstract]

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

The following table summarizes the components of net periodic benefit cost for the Company’s retirement income plans:

	Three Months Ended
	9/30/2018			9/30/2017
Service cost	$	—		$	—
Interest cost	6			6
Expected return on plan assets (1)	(4		)	(5		)
Amortization of unrecognized items	2			3
Total	$	4		$	4

(1) The weighted average long-term expected rate of return on plan assets used in computing the fiscal year 2019 net periodic benefit cost is 4.33%.

During the three months ended September 30, 2018 and 2017, the Company made $2 in contributions to the domestic retirement income plans.

As a result of adopting ASU No. 2017-07, "Compensation-Retirement Benefits (Topic 715)," effective July 1, 2018, net periodic benefit cost is reflected in Other (income) expense, net for fiscal year 2019, and in Cost of products sold, Selling and administrative expenses and Research and development costs prior to fiscal year 2019. Refer to Note 1 for more details.