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EMPLOYEE BENEFIT PLANS (Tables) | 12 Months Ended
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Jun. 30, 2016
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract] |
Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan | Summarized information for the Company’s retirement income and retirement health care plans as of and for the fiscal years ended June 30 is as follows:
|  | Retirement Income |  | Retirement Health Care
|  | 2016 |  | 2015 |  | 2016 |  | 2015
Change in benefit obligations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Projected benefit obligation as of beginning of year |  | $ | 639 |  |  | $ | 641 |  |  | $ | 45 |  |  | $ | 49 |
Service cost |  |  | 1 |  |  |  | 2 |  |  |  | - |  |  |  | - |
Interest cost |  |  | 26 |  |  |  | 25 |  |  |  | 2 |  |  |  | 2 |
Actuarial loss (gain) |  |  | 51 |  |  |  | 14 |  |  |  | 2 |  |  |  | - |
Plan amendments |  |  | (1 | ) |  |  | - |  |  |  | - |  |  |  | (1 | )
Translation and other adjustments |  |  | (1 | ) |  |  | (5 | ) |  |  | - |  |  |  | (2 | )
Benefits paid |  |  | (42 | ) |  |  | (38 | ) |  |  | (2 | ) |  |  | (3 | )
Projected benefit obligation as of end of year |  |  | 673 |  |  |  | 639 |  |  |  | 47 |  |  |  | 45 |
Change in plan assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value of assets as of beginning of year |  | $ | 409 |  |  | $ | 432 |  |  | $ | - |  |  | $ | - |
Actual return on plan assets |  |  | 26 |  |  |  | 6 |  |  |  | - |  |  |  | - |
Employer contributions |  |  | 31 |  |  |  | 13 |  |  |  | 2 |  |  |  | 3 |
Benefits paid |  |  | (42 | ) |  |  | (38 | ) |  |  | (2 | ) |  |  | (3 | )
Translation and other adjustments |  |  | (1 | ) |  |  | (4 | ) |  |  | - |  |  |  | - |
Fair value of plan assets as of end of year |  |  | 423 |  |  |  | 409 |  |  |  | - |  |  |  | - |
Accrued benefit cost, net funded status |  | $ | (250 | ) |  | $ | (230 | ) |  | $ | (47 | ) |  | $ | (45 | )
Schedule of Amounts Recognized in the Balance Sheets |
Amount recognized in the balance sheets consists of: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pension benefit assets |  | $ | 1 |  |  | $ | 2 |  |  | $ | - |  |  | $ | - |
Current accrued benefit liability |  |  | (14 | ) |  |  | (16 | ) |  |  | (3 | ) |  |  | (3 | )
Non-current accrued benefit liability |  |  | (237 | ) |  |  | (216 | ) |  |  | (44 | ) |  |  | (42 | )
Accrued benefit cost, net |  | $ | (250 | ) |  | $ | (230 | ) |  | $ | (47 | ) |  | $ | (45 | )
Schedule of Accumulated Benefit Obligations in Excess of Plan Assets | Retirement income plans with ABO in excess of plan assets as of June 30 were as follows:
|  | Pension Plans |  | Other Retirement Plans
|  | 2016 |  | 2015 |  | 2016 |  | 2015
Projected benefit obligation |  | $ | 575 |  | $ | 538 |  | $ | 76 |  | $ | 80
Accumulated benefit obligation |  |  | 574 |  |  | 538 |  |  | 76 |  |  | 80
Fair value of plan assets |  |  | 399 |  |  | 385 |  |  | - |  |  | -
Schedule of Components of Net Periodic Benefit Cost | The net costs of the retirement income and health care plans for the fiscal years ended June 30 included the following components:
| Retirement Income |  | Retirement Health Care
| 2016 |  | 2015 |  | 2014 |  | 2016 |  | 2015 |  | 2014
Service cost | $ | 1 |  |  | $ | 2 |  |  | $ | 3 |  |  | $ | - |  |  | $ | - |  | $ | 1 |
Interest cost |  | 26 |  |  |  | 25 |  |  |  | 27 |  |  |  | 2 |  |  |  | 2 |  |  | 2 |
Expected return on plan assets |  | (17 | ) |  |  | (20 | ) |  |  | (25 | ) |  |  | - |  |  |  | - |  |  | - |
Amortization of unrecognized items |  | 10 |  |  |  | 12 |  |  |  | 11 |  |  |  | (3 | ) |  |  | 2 |  |  | (4 | )
Total | $ | 20 |  |  | $ | 19 |  |  | $ | 16 |  |  | $ | (1 | ) |  | $ | 4 |  | $ | (1
Schedule of Items Not Yet Recognized as a Component of Postretirement Expense | Items not yet recognized as a component of postretirement expense as of June 30, 2016, consisted of:
| Retirement Income |  | Retirement Health Care
Net actuarial loss (gain) | $ | 296 |  |  | $ | (13 | )
Prior service benefit |  | - |  |  |  | (6 | )
Net deferred income tax (assets) liabilities |  | (111 | ) |  |  | 7 |
Accumulated other comprehensive loss (income) | $ | 185 |  |  | $ | (12 | )
Summary of Amounts Recognized in Accumulated Other Comprehensive Net Losses | Net actuarial loss (gain) recorded in Accumulated other comprehensive net (losses) income for the fiscal year ended June 30, 2016, included the following:
|  | Retirement Income |  | Retirement Health Care
Net actuarial loss (gain) as of beginning of year |  | $ | 264 |  |  | $ | (17 | )
Amortization during the year |  |  | (10 | ) |  |  | 2 |
Loss (gain) during the year |  |  | 42 |  |  |  | 2 |
Net actuarial loss (gain) as of end of year |  | $ | 296 |  |  | $ | (13 | )
Schedule of Weighted Average Assumptions Used | Weighted-average assumptions used to estimate the actuarial present value of benefit obligations as of June 30 were as follows:
|  | Retirement Income |  | Retirement Health Care
|  | 2016 |  | 2015 |  | 2016 |  | 2015
Discount rate |  | 3.42 | % |  | 4.20 | % |  | 3.42 | % |  | 4.16 | %
Rate of compensation increase |  | 2.92 | % |  | 3.37 | % |  | n/a |  |  | n/a |
Weighted-average assumptions used to estimate the net periodic pension and other postretirement benefit costs as of June 30 were as follows:
|  | Retirement Income
|  | 2016 |  | 2015 |  | 2014
Discount rate |  | 4.20 | % |  | 4.05 | % |  | 4.39 | %
Rate of compensation increase |  | 3.37 | % |  | 4.46 | % |  | 3.44 | %
Expected return on plan assets |  | 4.34 | % |  | 5.28 | % |  | 6.61 | %
|  | Retirement Health Care
|  | 2016 |  | 2015 |  | 2014
Discount rate |  | 4.16 | % |  | 4.00 | % |  | 4.33 | %
Schedule of Expected Benefit Payments | Expected benefit payments for the Company’s pension and other postretirement plans as of June 30, 2016, were as follows:
| Retirement Income |  | Retirement Health Care
2017 | $ | 39 |  | $ | 3
2018 |  | 52 |  |  | 3
2019 |  | 39 |  |  | 3
2020 |  | 39 |  |  | 2
2021 |  | 39 |  |  | 2
Fiscal years 2022 through 2026 |  | 193 |  |  | 12
Schedule of Target Allocation and Weighted Average Allocation of Plan Assets | The target allocations and weighted average asset allocations by asset category of the investment portfolio for the Company’s domestic retirement income plans as of June 30 were:
| % Target Allocation |  | % of Plan Assets
| 2016 |  | 2015 |  | 2016 |  | 2015
U.S. equity | 11 | % |  | 11 | % |  | 11 | % |  | 11 | %
International equity | 12 |  |  | 12 |  |  | 11 |  |  | 12 |
Fixed income | 74 |  |  | 74 |  |  | 74 |  |  | 74 |
Other | 3 |  |  | 3 |  |  | 4 |  |  | 3 |
Total | 100 | % |  | 100 | % |  | 100 | % |  | 100 | %
Schedule of Plan Assets Carried at Fair Value | The following table sets forth by level within the fair value hierarchy, the retirement income plans’ assets carried at fair value as of June 30:
|  | 2016
|  | Level 1 |  | Level 2 |  | Total
Cash equivalents |  | $ | 2 |  | $ | - |  | $ | 2
Common collective trusts |  |  |  |  |  |  |  |  |
Bond funds |  |  | - |  |  | 307 |  |  | 307
International equity funds |  |  | - |  |  | 56 |  |  | 56
Domestic equity funds |  |  | - |  |  | 44 |  |  | 44
Real estate fund |  |  | - |  |  | 14 |  |  | 14
Total common collective trusts |  |  | - |  |  | 421 |  |  | 421
Total assets at fair value |  | $ | 2 |  | $ | 421 |  | $ | 423
|  | 2015
|  | Level 1 |  | Level 2 |  | Total
Cash equivalents |  | $ | 3 |  | $ | - |  | $ | 3
Common collective trusts |  |  |  |  |  |  |  |  |
Bond funds |  |  | - |  |  | 295 |  |  | 295
International equity funds |  |  | - |  |  | 59 |  |  | 59
Domestic equity funds |  |  | - |  |  | 41 |  |  | 41
Real estate fund |  |  | - |  |  | 11 |  |  | 11
Total common collective trusts |  |  | - |  |  | 406 |  |  | 406
Total assets at fair value |  | $ | 3 |  | $ | 406 |  | $ | 409

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- Definition Tabular disclosure of the change in the benefit obligation, fair value of plan assets, and funded status of pension plans or other employee benefit plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a)(b)(c) -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of accumulated benefit obligations and fair values of plan assets of pension plans and/or other employee benefit plans where the accumulated benefit obligation exceeds the fair value of plan assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e2417-114920 + Details
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- Definition Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(5) -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of the amounts that are recognized in the balance sheet (or statement of financial position) for pension plans and/or other employee benefit plans, showing separately the assets and current and noncurrent liabilities (if applicable) recognized. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k) -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e1928-114920 + Details
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