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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Jun. 30, 2016
Accounting Policies [Abstract] |
Components of Cash and Cash Equivalents | The Company’s cash holdings were as follows as of June 30:
| 2016 |  | 2015
U.S. dollar balances held by U.S. dollar functional currency subsidiaries and at parent | $ | 249 |  | $ | 221
Non-U.S. dollar balances held by non-U.S. dollar functional currency subsidiaries |  | 133 |  |  | 142
U.S. dollar balances held by non-U.S. dollar functional currency subsidiaries |  | 19 |  |  | 19
Non-U.S. dollar balances held by U.S. dollar functional currency subsidiaries |  | - |  |  | -
Total | $ | 401 |  | $ | 382
Useful Lives of Property, Plant and Equipment | The table below provides estimated useful lives of property, plant and equipment by asset classification.
| Estimated Useful Lives
Buildings and leasehold improvements | 10 - 40 years
Land improvements | 10 - 30 years
Machinery and equipment | 3 - 15 years
Computer equipment | 3 - 5 years
Capitalized software costs | 3 - 7 years

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