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INVENTORIES | 12 Months Ended
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Jun. 30, 2016
Inventory Disclosure [Abstract] |
INVENTORIES | NOTE 4. INVENTORIES Inventories consisted of the following as of June 30:
| 2016 |  | 2015
Finished goods | $ | 361 |  |  | $ | 316 |
Raw materials and packaging |  | 111 |  |  |  | 101 |
Work in process |  | 3 |  |  |  | 3 |
LIFO allowances |  | (32 | ) |  |  | (35 | )
Total | $ | 443 |  |  | $ | 385 |
The last-in, first-out (LIFO) method was used to value approximately 38% of inventories as of June 30, 2016 and 2015, respectively. The carrying values for all other inventories are determined on the first-in, first-out (FIFO) method. The effect on earnings of the liquidation of LIFO layers was a benefit of $0, $0 and $2 for the fiscal years ended June 30, 2016, 2015 and 2014, respectively.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.6) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766 + Details
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