INVENTORIES

12 Months Ended

Jun. 30, 2020

Inventory Disclosure [Abstract]

INVENTORIES

INVENTORIES

Inventories consisted of the following as of June 30:

	2020		2019
Finished goods	$	340	$	411
Raw materials and packaging	140		125
Work in process	7		6
LIFO allowances	(33)		(30)
Total	$	454	$	512

The LIFO method was used to value approximately 31% and 34% of inventories as of June 30, 2020 and 2019, 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, 2020, 2019 and 2018.