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SEGMENT RESULTS (Tables)
6 Months Ended
Dec. 31, 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 and six months ended December 31:
Net sales
Three months endedSix months ended
12/31/202512/31/202412/31/202512/31/2024
Health and Wellness$643 $628 $1,208 $1,326 
Household419 446 781 893 
Lifestyle321 338 566 658 
International294 274 547 533 
Reportable segment total
$1,677 $1,686 $3,102 $3,410 
Corporate and Other(4)— — 38 
Total$1,673 $1,686 $3,102 $3,448 
Segment adjusted EBIT, including the significant segment expense provided to the CODM, and a reconciliation to earnings before income taxes for the three and six months ended December 31:
Segment adjusted earnings (losses) before interest and income taxes
Three months ended December 31, 2025
Health and Wellness
Household
Lifestyle
International
Total
Net sales
$643 $419 $321 $294 
Cost of products sold
309 296 158 188 
Other segment items (1)
144 101 91 75 
Segment adjusted EBIT
$190 $22 $72 $31 $315 
Corporate and Other
(59)
Interest income
Interest expense(25)
Digital capabilities and productivity enhancements investment (2)
(17)
Earnings before income taxes
$215 
Segment adjusted earnings (losses) before interest and income taxes
Six months ended December 31, 2025
Health and Wellness
Household
Lifestyle
International
Total
Net sales
$1,208 $781 $566 $547 
Cost of products sold
600 542 284 353 
Other segment items (1)
294 190 172 144 
Segment adjusted EBIT
$314 $49 $110 $50 $523 
Corporate and Other
(107)
Interest income
Interest expense(48)
Digital capabilities and productivity enhancements investment (2)
(49)
Earnings before income taxes
$322 
(1)Other segment items includes selling and administrative expenses, advertising costs, research and development costs and other income and expenses. The items 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 December 31, 2024
Health and Wellness
Household
Lifestyle
International
Total
Net sales
$628 $446 $338 $274 
Cost of products sold
301 300 168 175 
Other segment items (1)
134 98 100 78 
Segment adjusted EBIT
$193 $48 $70 $21 $332 
Corporate and Other
(74)
Interest income
Interest expense(22)
Loss on divestiture (2)
— 
Cyberattack costs, net of insurance recoveries (3)
25 
Digital capabilities and productivity enhancements investment (4)
(26)
Earnings before income taxes
$237 
Segment adjusted earnings (losses) before interest and income taxes
Six months ended December 31, 2024
Health and Wellness
Household
Lifestyle
International
Total
Net sales
$1,326 $893 $658 $533 
Cost of products sold
623 589 325 333 
Other segment items (1)
275 196 197 144 
Segment adjusted EBIT
$428 $108 $136 $56 $728 
Corporate and Other
(138)
Interest income
Interest expense(43)
Loss on divestiture (2)
(118)
Cyberattack costs, net of insurance recoveries (3)
35 
Digital capabilities and productivity enhancements investment (4)
(55)
Earnings before income taxes
$414 
(1)Other segment items includes selling and administrative expenses, advertising costs, research and development costs and other income and expenses. The items 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 12/31/2025
$1,224 $1,079 $1,106 $1,329 $875 $5,613 
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 12/31/2025— — — (1)— (1)
Three months ended 12/31/2024— — — (1)— (1)
Six months ended 12/31/2025— — — (2)— (2)
Six months ended 12/31/2024— — — (3)— (3)
Capital expenditures
Three months ended 12/31/202516 15 42 
Three months ended 12/31/202414 21 12 53 
Six months ended 12/31/202523 32 12 78 
Six months ended 12/31/202423 39 19 92 
Depreciation and amortization
Three months ended 12/31/2025
15 20 11 55 
Three months ended 12/31/2024
14 19 11 53 
Six months ended 12/31/202529 41 14 21 111 
Six months ended 12/31/202428 38 11 21 107 
Significant noncash charges included in earnings before interest and income taxes:
Stock-based compensation
Three months ended 12/31/2025
13 24 
Three months ended 12/31/2024
17 27 
Six months ended 12/31/202513 34 
Six months ended 12/31/202419 40 
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 endedSix months ended
12/31/202512/31/202412/31/202512/31/2024
Cleaning33 %32 %34 %33 %
Professional Products
Health and Wellness38 %37 %39 %38 %
Bags and Wraps12 12 12 12 
Cat Litter10 
Grilling
Household25 %27 %25 %26 %
Food10 11 10 11 
Water Filtration
Natural Personal Care
Lifestyle19 %20 %18 %19 %
International18 %16 %18 %16 %
Corporate and Other % % %1 %
Total Company100 %100 %100 %100 %