SEGMENT REPORTING

12 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

SEGMENT REPORTING

SEGMENT REPORTING

The Company operates through strategic business units that are aggregated into the following four reportable segments based on the economics and nature of the products sold:

• Cleaning consists of laundry, home care and professional products marketed and sold in the United States. Products within this segment include laundry additives, including bleach products under the Clorox^®brand and Clorox 2^® stain fighter and color booster; home care products, primarily under the Clorox^®, Formula 409^®, Liquid-Plumr^®, Pine-Sol^®, S.O.S^® and Tilex^® brands; naturally derived products under the Green Works^® brand; and professional cleaning and disinfecting products under the Clorox^®, Dispatch^®, Aplicare^®, HealthLink^® and Clorox Healthcare^® brands.

• Household consists of charcoal, bags, wraps and containers, cat litter and digestive health products marketed and sold in the United States. Products within this segment include charcoal products under the Kingsford^®and Match Light^® brands; bags, wraps and containers under the Glad^® brand; cat litter products under the Fresh Step^®, Scoop Away^® and Ever Clean^® brands; and digestive health products under the RenewLife^®brand.

• Lifestyle consists of food products, water-filtration systems and filters and natural personal care products marketed and sold in the United States. Products within this segment include dressings and sauces, primarily under the Hidden Valley^®, KC Masterpiece^®, Kingsford^® and Soy Vay^® brands; water-filtration systems and filters under the Brita^® brand; and natural personal care products under the Burt’s Bees^® brand.

• International consists of products sold outside the United States. Products within this segment include laundry, home care, water-filtration, digestive health products, charcoal and cat litter products, food products, bags, wraps and containers, natural personal care products and professional cleaning and disinfecting products, primarily under the Clorox^®, Glad^®, PinoLuz^®, Ayudin^®, Limpido^®, Clorinda^®, Poett^®, Mistolin^®, Lestoil^®, Bon Bril^®, Brita^®, Green Works^®, Pine-Sol^®, Agua Jane^®, Chux^®, RenewLife^®, Kingsford^®, Fresh Step^®, Scoop Away^®, Ever Clean^®, KC Masterpiece^®, Hidden Valley^®, Burt’s Bees^® brands and Clorox Healthcare^® brands.

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, prepaid expenses and other current assets, property and equipment, other investments and deferred taxes.

	Fiscal Year	Cleaning		Household		Lifestyle		International		Corporate			Total Company
Net sales	2017	$	2,002	$	1,961	$	1,000	$	1,010	$	—		$	5,973
	2016	1,912		1,862		990		997		—			5,761
	2015	1,824		1,794		950		1,087		—			5,655
Earnings (losses) from continuing operations before income taxes	2017	523		419		244		81		(234		)	1,033
	2016	511		428		251		66		(273		)	983
	2015	445		375		257		79		(235		)	921
Income from equity investees	2017	—		—		—		19		—			19
	2016	—		—		—		15		—			15
	2015	—		—		—		14		—			14
Total assets (1)	2017	881		1,103		902		1,060		627			4,573
	2016	883		1,092		880		1,057		598			4,510
Capital expenditures	2017	76		82		30		37		6			231
	2016	44		83		18		24		3			172
	2015	35		50		11		25		4			125
Depreciation and amortization	2017	51		64		20		22		6			163
	2016	61		60		19		21		4			165
	2015	52		67		19		24		7			169
Significant non-cash charges included in earnings (losses) from continuing operations before income taxes:
Stock-based compensation	2017	16		15		9		2		9			51
	2016	10		8		5		1		21			45
	2015	8		7		4		1		12			32

⁽¹⁾ Prior year amounts have been retrospectively adjusted to conform to the current year presentation of debt issuance costs required by ASU No. 2015-03, "Simplifying the Presentation of Debt Issuance Costs." See Note 1 for details.

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, Walmart Stores, Inc. and its affiliates, were 26%, 27% and 26% of consolidated net sales for each of the fiscal years ended June 30, 2017, 2016 and 2015, respectively, and occurred across all of the Company’s reportable segments. No other customers accounted for 10% or more of the Company's consolidated net sales in any of these fiscal years.

The Company’s product lines that accounted for 10% or more of consolidated net sales for the fiscal years ended June 30 were as follows:

	2017		2016		2015
Home Care products	25	%	24	%	24	%
Bags, wraps and containers	18	%	19	%	19	%
Laundry additives	15	%	16	%	17	%
Charcoal products	11	%	11	%	11	%
Food products	10	%	10	%	10	%

Net sales and property, plant and equipment, net, by geographic area as of and for the fiscal years ended June 30 were as follows:

	Fiscal Year	United States		Foreign		Total Company
Net sales	2017	$	5,001	$	972	$	5,973
	2016	4,805		956		5,761
	2015	4,609		1,046		5,655
Property, plant and equipment, net	2017	823		108		931
	2016	799		107		906