XML 25 R10.htm IDEA: XBRL DOCUMENT v3.19.2
INVENTORIES
12 Months Ended
Jun. 30, 2019
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
Inventories consisted of the following as of June 30:
 
2019
 
2018
Finished goods
$
411

 
$
395

Raw materials and packaging
125

 
129

Work in process
6

 
9

LIFO allowances
(30
)
 
(27
)
Total
$
512

 
$
506


The LIFO method was used to value approximately 34% and 38% of inventories as of June 30, 2019 and 2018, respectively. The carrying values for all other inventories are determined on the FIFO method. The effect on earnings of the liquidation of LIFO layers was insignificant for each of the fiscal years ended June 30, 2019, 2018 and 2017.