SEGMENT RESULTS

3 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

SEGMENT RESULTS

NOTE 11. SEGMENT RESULTS

The Company operates through strategic business units that are aggregated into four reportable segments based on the economics and nature of the products sold: Cleaning, Household, Lifestyle and International. As a result of Clorox Venezuela being reported as discontinued operations, the results of Clorox Venezuela are no longer included in the International reportable segment.

Certain non-allocated administrative costs, interest income, interest expense and various other non-operating income and expenses are reflected in Corporate. Corporate assets include cash and cash equivalents, other current assets, property and equipment, other investments and deferred taxes.

The table below presents reportable segment information and a reconciliation of the segment information to the Company’s consolidated net sales and earnings from continuing operations before income taxes, with amounts that are not allocated to the reportable segments reflected in Corporate.

	Net sales				Earnings (losses) from continuing operations before income taxes
	Three Months Ended				Three Months Ended
	9/30/2016		9/30/2015		9/30/2016			9/30/2015
Cleaning	$	534	$	497	$	164		$	149
Household		422		411		69			82
Lifestyle		236		231		62			59
International		251		251		27			32
Corporate		-		-		(58	)		(58	)
Total	$	1,443	$	1,390	$	264		$	264

All intersegment sales are eliminated and are not included in the Company’s reportable segments’ net sales.

Net sales to the Company’s largest customer, Wal-Mart Stores, Inc. and its affiliates, as a percentage of consolidated net sales, were 26% and 27% for the three months ended September 30, 2016 and 2015, respectively.