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SEGMENT REPORTING (Tables)
12 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Reportable Segment Information and Reconciliation of Segment Information
Net sales by segment and a reconciliation to the Company’s consolidated net sales for the fiscal years ended June 30:
Net Sales
Fiscal year
202520242023
Health and Wellness$2,697 $2,485 $2,532 
Household2,001 1,950 2,098 
Lifestyle1,303 1,275 1,338 
International1,065 1,162 1,181 
Reportable segment total7,066 6,872 7,149 
Corporate and Other38 221 240 
Total$7,104 $7,093 $7,389 
Segment adjusted EBIT, including the significant segment expense provided to the CODM, and a reconciliation to earnings (losses) before income taxes for the fiscal years ended June 30:
Segment adjusted earnings (losses) before interest and income taxes
Fiscal year 2025
Health and Wellness
Household
Lifestyle
International
Total
Net sales
$2,697 $2,001 $1,303 $1,065 
Cost of products sold
1,273 1,277 648 668 
Other segment items (1)
584 399 365 287 
Segment adjusted EBIT
$840 $325 $290 $110 $1,565 
Corporate and Other
(249)
Interest income
Interest expense(88)
Loss on divestiture (2)
(118)
Cyberattack costs, net of insurance recoveries (3)
70 
Digital capabilities and productivity enhancements investment (4)
(111)
Earnings (losses) before income taxes$1,078 
(1)Other segment items includes selling, general and administrative expenses, advertising costs, research and development costs and other income and expenses. The charges defined in segment adjusted EBIT above are excluded from other segment items and Corporate and Other.
(2)Represents the loss on divestiture of the Better Health VMS business corresponding to Corporate and Other. See Note 2 for further discussion.
(3)Represents insurance recoveries related to the cyberattack corresponding to Corporate and Other. See Note 3 for further discussion.
(4)Represents expenses related to the Company's digital capabilities and productivity enhancements investment corresponding to Corporate and Other.
Segment adjusted earnings (losses) before interest and income taxes
Fiscal year 2024
Health and Wellness
Household
Lifestyle
International
Total
Net sales
$2,485 $1,950 $1,275 $1,162 
Cost of products sold
1,211 1,276 644 743 
Other segment items (1)
555 414 378 297 
Segment adjusted EBIT
$719 $260 $253 $122 $1,354 
Corporate and Other
(309)
Interest income23 
Interest expense(90)
Loss on divestiture (2)
(240)
Pension settlement charge (3)
(171)
Cyberattack costs, net of insurance recoveries (4)
(29)
Streamlined operating model (5)
(32)
Digital capabilities and productivity enhancements investment (6)
(108)
Earnings (losses) before income taxes$398 
(1)Other segment items includes selling, general and administrative expenses, advertising costs, research and development costs and other income and expenses. The charges defined in segment adjusted EBIT above are excluded from other segment items and Corporate and Other.
(2)Represents the loss on divestiture of the Argentina business corresponding to International. See Note 2 for further discussion.
(3)Represents costs related to the settlement of the domestic qualified pension plan corresponding to Corporate and Other. See Note 20 for further discussion.
(4)Represents incremental costs, net of insurance recoveries related to the cyberattack. All insurance recoveries are recorded in Corporate and Other. See Note 3 for additional details relating to the cyberattack. For informational purposes, the following table provides the approximate cyberattack costs, net of insurance recoveries, corresponding to the Company’s segments as a percentage of total net costs:
2024
Health and Wellness30 %
Household24 
Lifestyle23 
International
Corporate and Other15 
Total100 %
(5)Represents restructuring and related implementation costs, net for the streamlined operating model. 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:
Inception to date ended
20242024
Health and Wellness%%
Household
Lifestyle— 
International11 
Corporate and Other91 80 
Total100 %100 %
(6)Represents expenses related to the Company's digital capabilities and productivity enhancements investment corresponding to Corporate and Other.
Segment adjusted earnings (losses) before interest and income taxes
Fiscal year 2023
Health and Wellness
Household
Lifestyle
International
Total
Net sales
$2,532 $2,098 $1,338 $1,181 
Cost of products sold
1,386 1,427 692 792 
Other segment items (1)
552 363 362 300 
Segment adjusted EBIT
$594 $308 $284 $89 $1,275 
Corporate and Other
(358)
Interest income16 
Interest expense(90)
VMS impairment (2)
(445)
Streamlined operating model (3)
(60)
Digital capabilities and productivity enhancements investment (4)
(100)
Earnings (losses) before income taxes$238 
(1)Other segment items includes selling, general and administrative expenses, advertising costs, research and development costs and other income and expenses. The charges defined in segment adjusted EBIT above are excluded from other segment items and Corporate and Other.
(2)Represents a non-cash impairment charge related to the VMS business. See Note 7 for further discussion.
(3)Represents restructuring and related implementation costs, net for the streamlined operating model. 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:
2023
Health and Wellness%
Household
Lifestyle
International16 
Corporate and Other73 
Total100 %
(4)Represents expenses related to the Company's digital capabilities and productivity enhancements investment corresponding to Corporate and Other.
Certain other segment disclosures were as follows:
Fiscal
Year
Health and WellnessHouseholdLifestyleInternational
Corporate and Other
Total
Company
(Income) Loss from equity investees included in Other (income) expense, net
2025— — — (4)— (4)
2024— — — (5)— (5)
2023— — — (4)— (4)
Total assets20251,217 1,091 1,103 1,329 821 5,561 
20241,124 1,088 1,110 1,327 1,102 5,751 
Capital expenditures202566 78 37 26 13 220 
202447 84 36 21 24 212 
202351 97 29 24 27 228 
Depreciation and amortization202558 81 25 42 13 219 
202458 77 24 45 31 235 
202359 78 25 46 28 236 
Significant noncash charges included in earnings (losses) before interest and income taxes:
Stock-based compensation202516 12 39 81 
202414 11 35 74 
202314 10 38 73 
Schedule of Concentration Percentage
The following table provides Net sales as a percentage of the Company’s consolidated net sales, disaggregated by operating segment, for the fiscal years ended June 30:
202520242023
Cleaning33 %30 %30 %
Professional Products%%%
Health and Wellness38 %35 %35 %
Bags and Wraps11 %11 %12 %
Cat Litter%%%
Grilling%%%
Household28 %28 %28 %
Food11 %11 %10 %
Water Filtration%%%
Natural Personal Care%%%
Lifestyle18 %18 %18 %
International15 %16 %16 %
Corporate and Other1 %3 %3 %
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:
202520242023
Cleaning products44 %43 %42 %
Bags and wraps15 %15 %16 %
Food products12 %11 %11 %
Cat litter products10 %10 %10 %
Schedule of Net Sales and Property, Plant and Equipment, Net by Geographic Area
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 sales2025$6,080 $1,024 $7,104 
20245,956 1,137 7,093 
20236,237 1,152 7,389 
Property, plant and equipment, net20251,132 135 1,267 
20241,188 127 1,315