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SEGMENT REPORTING
 12 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
During the fourth quarter of fiscal year 2023, the Company realigned its reportable segments following management’s decision to narrow the focus on core brands and streamline investment levels in the VMS business. As a result of this decision and the financial impact of the related impairment charges incurred in prior periods, the VMS operating segment, previously included in the Health and Wellness reportable segment, no longer meets the criteria to be presented as a reportable segment and is now combined with Corporate. In connection with this change, Corporate was renamed Corporate and Other. The Health and Wellness reportable segment is now comprised of the Cleaning and Professional Products operating segments.
Additionally, beginning in the fourth quarter of fiscal year 2023, management changed its principle measure of segment profitability to segment adjusted earnings (losses) before interest and income taxes. Segment adjusted earnings (losses) before interest and income taxes is defined as earnings (losses) before income taxes excluding interest income, interest expense and other significant items that are nonrecurring or unusual (such as asset impairments, charges related to the streamlined operating model, charges related to the digital capabilities and productivity enhancements investment, significant losses/(gains) related to acquisitions and other nonrecurring or unusual items impacting comparability).
The Company uses this measure to assess the operating results and performance of its segments, perform analytical comparisons, identify strategies to improve performance, and allocate resources to each segment. Management believes that the presentation of segment adjusted earnings (losses) before interest and income taxes excluding these items is useful to investors to assess operating performance on a consistent basis by removing the impact of the items that management believes do not directly reflect the performance of each segment's underlying operations. All periods presented have been recast to reflect these changes.
The Company operates through strategic business units (SBUs) that are organized into the Company’s operating segments. Operating segments with shared economic and qualitative characteristics are aggregated into four reportable segments: Health and Wellness, Household, Lifestyle and International. Operating segments not aggregated into a reportable segment are reflected in Corporate and Other. The four reportable segments consist of the following:
•Health and Wellness consists of cleaning, disinfecting and professional products mainly marketed and sold in the United States.
•Household consists of bags and wraps, cat litter and grilling products marketed and sold in the United States.
•Lifestyle consists of food, natural personal care products and water-filtration products marketed and sold in the United States.
•International consists of products sold outside the United States. Products within this segment include laundry additives; home care products; water-filtration products; digestive health products; grilling products; cat litter; food; bags and wraps; natural personal care products; and professional cleaning and disinfecting products.
Corporate and Other includes certain non-allocated administrative costs, various other non-operating income and expenses, as well as the results of the VMS business. Assets in Corporate and Other include cash and cash equivalents, prepaid expenses and other current assets, property and equipment, operating lease right-of-use assets, other long-term assets and deferred taxes, as well as the assets related to the VMS business.
Net Sales
Fiscal year
202320222021
Health and Wellness$2,532 $2,427 $2,690 
Household2,098 1,984 1,981 
Lifestyle1,338 1,253 1,218 
International1,181 1,180 1,162 
Corporate and Other240 263 290 
Total$7,389 $7,107 $7,341 
Segment Adjusted Earnings (losses) before interest and income taxes
Fiscal year
202320222021
Health and Wellness$594 $381 $748 
Household308 234 375 
Lifestyle284 280 320 
International89 97 119 
Corporate and Other(358)(223)(293)
Total$917 $769 $1,269 
Interest income16 5 5 
Interest expense(90)(106)(99)
VMS impairments (1) (2)
(445)— (329)
Professional Products supplier charge (3)
— — (28)
Saudi JV acquisition gain (4)
— — 82 
Streamlined operating model (5)
(60)— — 
Digital capabilities and productivity enhancements investment (6)
(100)(61)— 
Earnings (losses) before income taxes$238 $607 $900 
(1)Represents a noncash impairment charge of $445 related to the VMS business recorded in fiscal year 2023. As a result of the segment changes noted above, $433 and $12 was recast from the third quarter fiscal year 2023 interim reporting period for the Health and Wellness and International reportable segments, respectively.
(2)Represents a noncash impairment charge of $329 related to the VMS business recorded in fiscal year 2021. As a result of the segment reporting changes noted above, $329 was recast from the fiscal year 2021 reporting period from the Health and Wellness reportable segment.
(3)Represents noncash charges of $28 on investments and related arrangements made with a Professional Products business supplier. As a result of the segment changes noted above, this amount was recast from the fiscal year 2021 reporting period for the Health and Wellness reportable segment.
(4)Represents an $82 noncash net gain from the remeasurement of the Company’s previously held investment in its Saudi joint venture. As a result of the segment changes noted above, this amount was recast from the fiscal year 2021 reporting period for the International reportable segment.
(5)Represents restructuring and related implementation costs, net for the streamlined operating model of $60. As a result of the segment changes noted above, this amount was recast from the fiscal year 2023 reporting period for Corporate and Other. For informational purposes the following table provides the approximate restructuring and related implementation costs, net corresponding to the Company's segments as a percent of the total costs for the fiscal year ended June 30:
2023
Health and Wellness6 %
Household1 
Lifestyle4 
International16 
Corporate and Other73 
Total100 %
(6)Represents expenses related to the Company's digital capabilities and productivity enhancements investment. As a result of the segment changes noted above, these amounts were recast from the fiscal year 2023 and fiscal year 2022 reporting periods for Corporate and Other.
Fiscal
Year		Health and WellnessHouseholdLifestyleInternational
Corporate and Other
Total
Company
(Income) Loss from equity investees
included in Other (income)
expense, net		2023— — — (4)— (4)
2022— — — (6)— (6)
2021— — — (5)— (5)
Total assets20231,184 1,082 1,091 1,410 1,178 5,945 
20221,275 1,045 1,035 1,453 1,350 6,158 
Capital expenditures202351 97 29 24 27 228 
202261 112 24 27 27 251 
2021120 108 29 42 32 331 
Depreciation and amortization202359 78 25 46 28 236 
202257 67 24 47 29 224 
202152 67 23 45 24 211 
Significant noncash charges included in earnings (losses) before interest and income taxes:
Stock-based compensation202314 10 7 4 38 73 
202214 8 6 3 21 52 
202116 10 7 2 15 50 
All intersegment sales are eliminated and are not included in the Company’s reportable net sales.
Net sales to the Company’s largest customer, Walmart Stores, Inc. and its affiliates, were 26%, 25%, and 25% of consolidated net sales for each of the fiscal years ended June 30, 2023, 2022 and 2021, respectively, and occurred across all of the Company’s reportable segments. No other customers accounted for 10% or more of the Company’s consolidated net sales in any of these fiscal years.
The following table provides Net sales as a percentage of the Company’s consolidated net sales, disaggregated by operating segment under the new reporting structure, for the fiscal years ended June 30:
202320222021
Cleaning30 %29 %30 %
Professional Products5 %4 %7 %
Health and Wellness35 %33 %37 %
Bags and Wraps12 %12 %11 %
Cat Litter9 %8 %7 %
Grilling7 %8 %9 %
Household28 %28 %27 %
Food10 %10 %9 %
Natural Personal Care4 %4 %4 %
Water Filtration4 %4 %3 %
Lifestyle18 %18 %16 %
International16 %17 %16 %
Corporate and Other3 %4 %4 %
Total100 %100 %100 %
The Company’s products are marketed and sold globally. The following table provides the Company’s global product lines, which were sold in the U.S. and International, that accounted for 10% or more of consolidated net sales for the fiscal years ended June 30:
202320222021
Cleaning products42 %42 %43 %
Bags and wraps16 %16 %14 %
Food products11 %11 %10 %
Cat litter products10 %9 %8 %
Net sales and property, plant and equipment, net, by geographic area for and as of the fiscal years ended June 30 were as follows:
Fiscal
Year		United
States		ForeignTotal
Company
Net sales2023$6,237 $1,152 $7,389 
20225,951 1,156 7,107 
20216,207 1,134 7,341 
Property, plant and equipment, net20231,192 153 1,345 
20221,180 154 1,334