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SEGMENT RESULTS (Tables)
6 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Reportable Segment Information
The tables below present reportable segment information and a reconciliation of the segment information to the Company’s consolidated net sales and earnings (losses) before income taxes, with amounts that are not allocated to the reportable segments reflected in Corporate and Other.
Net sales
Three months endedSix months ended
12/31/202412/31/202312/31/202412/31/2023
Health and Wellness$628 $720 $1,326 $1,224 
Household446 502 893 827 
Lifestyle338 403 658 632 
International274 311 533 581 
Reportable segment total
$1,686 $1,936 $3,410 $3,264 
Corporate and Other— 54 38 112 
Total$1,686 $1,990 $3,448 $3,376 
Segment adjusted EBIT
Three months endedSix months ended
12/31/202412/31/202312/31/202412/31/2023
Health and Wellness$193 $259 $428 $363 
Household48 92 108 88 
Lifestyle70 109 136 128 
International21 32 56 66 
Reportable segment total
$332 $492 $728 $645 
Corporate and Other(74)(106)(138)(168)
Total$258 $386 $590 $477 
Interest income17 
Interest expense(22)(26)(43)(47)
Loss on divestiture (1)
— — (118)— 
Pension settlement charge (2)
— (171)— (171)
Cyberattack costs, net of insurance recoveries (3)
25 (25)35 (49)
Streamlined operating model (4)
— (3)— (3)
Digital capabilities and productivity enhancements investment (5)
(26)(32)(55)(59)
Earnings before income taxes
$237 $136 $414 $165 
(1)Represents loss on divestiture of the Better Health VMS business corresponding to Corporate and Other. See Note 2 for additional details related to the divestiture.
(2)Represents costs related to the settlement of the domestic qualified pension plan corresponding to Corporate and Other. See Note 13 for additional details related to the pension settlement.
(3)Represents insurance recoveries of $25 and $35 in the three and six months ended December 31, 2024, respectively, and incurred incremental expenses of approximately $25 and $49 in the three and six months ended December 31, 2023, respectively, as a result of the cyberattack. See Note 3 for additional details related to the August 2023 cyberattack. For informational purposes, the following table provides the approximate cyberattack costs and insurance recoveries corresponding to the Company’s reportable segments as a percentage of the total:
Three months endedSix months ended
12/31/202412/31/202312/31/202412/31/2023
Health and Wellness— %%— %15 %
Household— 11 — 11 
Lifestyle— 12 — 13 
International— — 
Corporate and Other100 61 100 57 
Total100 %100 %100 %100 %
(4)Represents restructuring and related implementation costs, net for the streamlined operating model of $3 for both the three and six months ended December 31, 2023, corresponding to Corporate and Other.
(5)Represents expenses related to the Company’s digital capabilities and productivity enhancements investment corresponding to Corporate and Other.
Schedule of Net Sales Percentages
The following table provides Net sales as a percentage of the Company’s consolidated net sales, disaggregated by operating segment, for the periods indicated:
Net sales
Three months endedSix months ended
12/31/202412/31/202312/31/202412/31/2023
Cleaning32 %31 %33 %31 %
Professional Products
Health and Wellness37 %36 %38 %36 %
Bags and Wraps12 12 12 11 
Cat Litter10 
Grilling
Household27 %25 %26 %24 %
Food11 11 11 10 
Water Filtration
Natural Personal Care
Lifestyle20 %20 %19 %19 %
International16 %16 %16 %17 %
Corporate and Other %3 %1 %4 %
Total100 %100 %100 %100 %