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INVENTORIES, NET
12 Months Ended
Jun. 30, 2024
Inventory Disclosure [Abstract]  
INVENTORIES, NET INVENTORIES, NET
Inventories, net consisted of the following as of June 30:
20242023
Finished goods$556 $595 
Raw materials and packaging172 182 
Work in process
LIFO allowances(98)(87)
Total inventories, net639 698 
Non-current inventories, net (1)
Total current inventories, net$637 $696 
(1)Non-current inventories, net is recorded in Other assets.
The LIFO method was used to value approximately 36% of inventories as of June 30, 2024 and 2023, 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, 2024, 2023 and 2022.