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SEGMENT RESULTS (Tables)
3 Months Ended
Sep. 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 three months ended September 30:
Net sales
Three months ended
9/30/20259/30/2024
Health and Wellness$565 $698 
Household362 447 
Lifestyle245 320 
International253 259 
Reportable segment total
$1,425 $1,724 
Corporate and Other38 
Total$1,429 $1,762 
All intersegment sales are eliminated and are not included in the Company’s reportable segments’ net sales.
Segment adjusted EBIT, including the significant segment expense provided to the CODM, and a reconciliation to earnings before income taxes for the three months ended September 30:
Segment adjusted earnings (losses) before interest and income taxes
Three months ended September 30, 2025
Health and Wellness
Household
Lifestyle
International
Total
Net sales
$565 $362 $245 $253 
Cost of products sold
291 246 126 165 
Other segment items (1)
150 89 81 69 
Segment adjusted EBIT
$124 $27 $38 $19 $208 
Corporate and Other
(48)
Interest income
Interest expense(23)
Digital capabilities and productivity enhancements investment (2)
(32)
Earnings before income taxes
$107 
(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 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
Three months ended September 30, 2024
Health and Wellness
Household
Lifestyle
International
Total
Net sales
$698 $447 $320 $259 
Cost of products sold
322 289 157 158 
Other segment items (1)
141 98 97 66 
Segment adjusted EBIT
$235 $60 $66 $35 $396 
Corporate and Other
(64)
Interest income
Interest expense(21)
Loss on divestiture (2)
(118)
Cyberattack costs, net of insurance recoveries (3)
10 
Digital capabilities and productivity enhancements investment (4)
(29)
Earnings before income taxes
$177 
(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 3 for additional details related to the divestiture.
(3)Represents insurance recoveries related to the cyberattack corresponding to Corporate and Other. See Note 9 for further discussion.
(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:
Health and WellnessHouseholdLifestyleInternational
Corporate and Other
Total
Company
Total assets
Balance as of 9/30/2025
$1,161 $1,060 $1,108 $1,318 $881 $5,528 
Balance as of 6/30/2025
1,217 1,091 1,103 1,329 821 5,561 
(Income) Loss from equity investees included in Other (income) expense, net
Three months ended 9/30/2025
— — — (1)— (1)
Three months ended 9/30/2024
— — — (2)— (2)
Capital expenditures
Three months ended 9/30/2025
17 36 
Three months ended 9/30/2024
18 39 
Depreciation and amortization
Three months ended 9/30/2025
14 21 10 56 
Three months ended 9/30/2024
14 19 10 54 
Significant noncash charges included in earnings before interest and income taxes:
Stock-based compensation
Three months ended 9/30/2025
4321— 10
Three months ended 9/30/2024
4322213
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 periods indicated:
Net sales
Three months ended
9/30/20259/30/2024
Cleaning35 %34 %
Professional Products
Health and Wellness40 %40 %
Bags and Wraps11 11 
Cat Litter
Grilling
Household25 %25 %
Food10 
Water Filtration
Natural Personal Care
Lifestyle17 %18 %
International18 %15 %
Corporate and Other %2 %
Total Company100 %100 %