DISCONTINUED OPERATIONS (Tables)

3 Months Ended

Sep. 30, 2015

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

The following table summarizes total Net earnings/(loss) from discontinued operations and reconciles to the Consolidated Statements of Earnings:

	Three Months Ended September 30
	2015			2014
Beauty Brands	$	150		$	124
Batteries	(292		)	(837		)
Pet Care	—			17
Net earnings/(loss) from discontinued operations	$	(142	)	$	(696	)

The following table summarizes total assets and liabilities held for sale and reconciles to the Consolidated Balance Sheets:

	September 30, 2015						June 30, 2015
	Beauty Brands		Batteries		Total		Beauty Brands		Batteries		Total
Current assets held for sale	$	6,132	$	3,228	$	9,360	$	922	$	3,510	$	4,432
Noncurrent assets held for sale	—		—		—		5,204		—		5,204
Total assets held for sale	$	6,132	$	3,228	$	9,360	$	6,126	$	3,510	$	9,636
Current liabilities held for sale	$	1,039	$	1,183	$	2,222	$	356	$	1,187	$	1,543
Noncurrent liabilities held for sale	—		—		—		717		—		717
Total liabilities held for sale	$	1,039	$	1,183	$	2,222	$	1,073	$	1,187	$	2,260

The following is selected financial information included in Net earnings/(loss) from discontinued operations for the Beauty Brands:

	Beauty Brands
	Three Months Ended September 30
	2015		2014
Net Sales	$	1,219	$	1,415
Cost of products sold	385		475
Selling, general and administrative expense	647		795
Other non-operating income, net	1		8
Earnings on discontinued operations before income taxes	$	188	$	153
Income taxes on discontinued operations	38		29
Net earnings from discontinued operations	$	150	$	124

The following is selected financial information included in cash flows from discontinued operations for the Beauty Brands:

	Beauty Brands
	Three Months Ended September 30
	2015			2014
SIGNIFICANT NON-CASH OPERATING ITEMS
Depreciation and amortization	$	28		$	32
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	$	(18	)	$	(22	)

The major components of assets and liabilities of the Beauty Brands held for sale were as follows:

	Beauty Brands
	September 30, 2015 (1)		June 30, 2015
Cash	$	10	$	9
Accounts receivable	364		293
Inventories	533		476
Prepaid expenses and other assets	47		144
Property, plant and equipment, net (2)	597		613
Goodwill and intangible assets, net (2)	4,512		4,513
Other noncurrent assets (2)	69		78
Total current assets held for sale	$	6,132	$	922
Total noncurrent assets held for sale	—		5,204
Total assets held for sale	$	6,132	$	6,126
Accounts payable	$	129	$	118
Accrued and other liabilities	183		238
Noncurrent deferred tax liabilities (2)	358		352
Other noncurrent liabilities (2)	369		365
Total current liabilities held for sale	$	1,039	$	356
Total noncurrent liabilities held for sale	—		717
Total liabilities held for sale	$	1,039	$	1,073

⁽¹⁾  The Company expects the Beauty Brands transaction to close in the second half of calendar year 2016.  Therefore, for the three months ended September 30, 2015, all assets and liabilities held for sale are reported as current assets and liabilities held for sale on the Consolidated Balance Sheets.

⁽²⁾  Amounts as of June 30, 2015 are reflected as part of the noncurrent assets and liabilities held for sale.

The following is selected financial information included in Net earnings/(loss) from discontinued operations for the Batteries and Pet Care businesses:

	Three Months Ended September 30
	2015			2014
	Batteries			Batteries			Pet Care			Total
Net sales	$	506		$	606		$	163		$	769
Earnings before impairment charges and income taxes	93			136			19			155
Impairment charges	(402		)	(973		)	—			(973		)
Income tax (expense)/benefit	17			—			(6		)	(6		)
Gain on sale before income taxes	—			—			193			193
Income tax expense on sale	—			—			(189		)	(189		)
Net earnings/(loss) from discontinued operations	$	(292	)	$	(837	)	$	17		$	(820	)

The major components of current assets and current liabilities of the Batteries business held for sale were as follows:

	Batteries
	September 30, 2015		June 30, 2015
Cash	$	22	$	25
Accounts Receivable	256		245
Inventories	355		304
Prepaid expenses and other current assets	28		28
Property, plant and equipment, net	500		496
Goodwill and intangible assets, net	2,041		2,389
Other noncurrent assets	26		23
Total current assets held for sale	$	3,228	$	3,510
Accounts payable	$	199	$	195
Accrued and other liabilities	212		194
Long-term debt	25		18
Noncurrent deferred tax liabilities	747		780
Total current liabilities held for sale	$	1,183	$	1,187