DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Jun. 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:

Amounts in millions; Years ended June 30	2015			2014		2013
Beauty Brands	$	643		$	660	$	607
Batteries	(1,835		)	389		348
Pet Care	49			78		101
Net earnings/(loss) from discontinued operations	$	(1,143	)	$	1,127	$	1,056

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

Amounts in millions; As of June 30	2015						2014
	Beauty Brands		Batteries		Total		Beauty Brands		Pet Care		Total
Current assets held for sale	$	922	$	3,510	$	4,432	$	1,096	$	2,849	$	3,945
Noncurrent assets held for sale	5,204		—		5,204		5,811		—		5,811
Total assets held for sale	$	6,126	$	3,510	$	9,636	$	6,907	$	2,849	$	9,756
Current liabilities held for sale	$	356	$	1,187	$	1,543	$	384	$	660	$	1,044
Noncurrent liabilities held for sale	717		—		717		727		—		727
Total liabilities held for sale	$	1,073	$	1,187	$	2,260	$	1,111	$	660	$	1,771

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

	Beauty Brands
Amounts in millions; Years ended June 30	2015		2014			2013
Net Sales	$	5,530	$	6,109		$	6,206
Cost of products sold	1,820		1,980			1,939
Selling, general and administrative expense	2,969		3,299			3,501
Interest expense	—		1			(1		)
Interest income	2		2			3
Other non-operating income/(loss), net	91		(3		)	1
Earnings on discontinued operations before income taxes	$	834	$	828		$	771
Income taxes on discontinued operations	191		168			164
Net earnings from discontinued operations	$	643	$	660		$	607

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

	Beauty Brands
Amounts in millions; Years ended June 30	2015			2014			2013
SIGNIFICANT NON-CASH OPERATING ITEMS
Depreciation and amortization	$	125		$	127		$	127
(Gain)/loss on sale and/or purchase of businesses	$	(86	)	$	—		$	—
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	$	(106	)	$	(108	)	$	(102	)

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

	Beauty Brands
Amounts in millions; As of June 30	2015		2014
Cash	$	9	$	10
Accounts receivable	293		352
Inventories	476		553
Prepaid expenses and other assets	144		181
Total current assets held for sale	$	922	$	1,096
Property, plant and equipment, net	613		697
Goodwill and intangible assets, net	4,513		5,089
Other noncurrent assets	78		25
Total noncurrent assets held for sale	$	5,204	$	5,811
Total assets held for sale	$	6,126	$	6,907
Accounts payable	$	118	$	113
Accrued and other liabilities	238		271
Total current liabilities held for sale	$	356	$	384
Noncurrent deferred tax liabilities	352		329
Other noncurrent liabilities	365		398
Total noncurrent liabilities held for sale	$	717	$	727
Total liabilities held for sale	$	1,073	$	1,111

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

		Net Sales		Earnings Before Impairment Charges and Income Taxes		Impairment Charges			Income Tax Expense			Gain on Sale Before Income Taxes		Income Tax Expense on Sales			Net Earnings/(Loss) from Discontinued Operations
Batteries	2015	$	2,226	$	479	$	(2,174	)	$	(140	)	$	—	$	—		$	(1,835	)
	2014	2,552		548		—			(159		)	—		—			389
	2013	2,465		513		—			(165		)	—		—			348
Pet Care	2015	251		—		—			(4		)	195		(142		)	49
	2014	1,475		130		—			(52		)	—		—			78
	2013	1,586		151		—			(50		)	—		—			101
Total	2015	$	2,477	$	479	$	(2,174	)	$	(144	)	$	195	$	(142	)	$	(1,786	)
	2014	4,027		678		—			(211		)	—		—			467
	2013	4,051		664		—			(215		)	—		—			449

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

	Batteries		Pet Care
Amounts in millions; As of June 30	2015		2014
Cash	$	25	$	—
Accounts receivable	245		—
Inventories	304		122
Prepaid expenses and other assets	28		14
Property, plant and equipment, net	496		441
Goodwill and intangible assets, net	2,389		2,258
Other noncurrent assets	23		14
Total current assets held for sale	$	3,510	$	2,849
Accounts payable	$	195	$	63
Accrued and other liabilities	194		13
Long-term debt	18		—
Noncurrent deferred tax liabilities	780		584
Total current liabilities held for sale	$	1,187	$	660