XML 51 R29.htm IDEA: XBRL DOCUMENT
v3.5.0.2

UNAUDITED QUARTERLY DATA | 12 Months Ended
--- | ---
Jun. 30, 2016
Quarterly Financial Data [Abstract] |
UNAUDITED QUARTERLY DATA | NOTE 22. UNAUDITED QUARTERLY DATA
Dollars in millions, except market price and per share data |  | Quarters Ended
|  | September 30 |  | December 31 |  | March 31 |  | June 30 |  | Total Year
Fiscal year ended June 30, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 1,390 |  |  | $ | 1,345 |  |  | $ | 1,426 |  | $ | 1,600 |  | $ | 5,761 |
Cost of products sold |  |  | 765 |  |  |  | 745 |  |  |  | 780 |  |  | 873 |  |  | 3,163 |
Earnings from continuing operations |  |  | 173 |  |  |  | 151 |  |  |  | 159 |  |  | 165 |  |  | 648 |
(Losses) earnings from discontinued operations, |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
net of tax |  |  | (1 | ) |  |  | (2 | ) |  |  | 3 |  |  | - |  |  | - |
Net earnings |  |  | 172 |  |  |  | 149 |  |  |  | 162 |  |  | 165 |  |  | 648 |
Per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 1.34 |  |  | $ | 1.16 |  |  | $ | 1.23 |  | $ | 1.28 |  | $ | 5.01 |
Discontinued operations |  |  | (0.01 | ) |  |  | (0.01 | ) |  |  | 0.02 |  |  | - |  |  | - |
Basic net earnings per share |  | $ | 1.33 |  |  | $ | 1.15 |  |  | $ | 1.25 |  | $ | 1.28 |  | $ | 5.01 |
Diluted |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 1.32 |  |  | $ | 1.14 |  |  | $ | 1.21 |  | $ | 1.26 |  | $ | 4.92 |
Discontinued operations |  |  | (0.01 | ) |  |  | (0.01 | ) |  |  | 0.02 |  |  | - |  |  | - |
Diluted net earnings per share |  | $ | 1.31 |  |  | $ | 1.13 |  |  | $ | 1.23 |  | $ | 1.26 |  | $ | 4.92 |
Dividends declared per common share |  | $ | 0.77 |  |  | $ | 0.77 |  |  | $ | 0.77 |  | $ | 0.80 |  | $ | 3.11 |
Market price (NYSE) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High |  | $ | 119.75 |  |  | $ | 131.78 |  |  |  | 132.19 |  | $ | 138.41 |  | $ | 138.41 |
Low |  |  | 104.26 |  |  |  | 114.06 |  |  |  | 122.40 |  |  | 119.23 |  |  | 104.26 |
Year-end |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 138.39 |
Fiscal year ended June 30, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 1,352 |  |  | $ | 1,345 |  |  | $ | 1,401 |  | $ | 1,557 |  | $ | 5,655 |
Cost of products sold |  |  | 774 |  |  |  | 773 |  |  |  | 796 |  |  | 847 |  |  | 3,190 |
Earnings from continuing operations |  |  | 145 |  |  |  | 128 |  |  |  | 144 |  |  | 189 |  |  | 606 |
Losses from discontinued operations, |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
net of tax |  |  | (55 | ) |  |  | (3 | ) |  |  | 30 |  |  | 2 |  |  | (26 | )
Net earnings |  |  | 90 |  |  |  | 125 |  |  |  | 174 |  |  | 191 |  |  | 580 |
Per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 1.12 |  |  | $ | 0.98 |  |  | $ | 1.09 |  | $ | 1.46 |  | $ | 4.65 |
Discontinued operations |  |  | (0.42 | ) |  |  | (0.02 | ) |  |  | 0.22 |  |  | 0.02 |  |  | (0.20 | )
Basic net earnings per share |  | $ | 0.70 |  |  | $ | 0.96 |  |  | $ | 1.31 |  | $ | 1.48 |  | $ | 4.45 |
Diluted |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Continuing operations |  | $ | 1.10 |  |  | $ | 0.97 |  |  | $ | 1.08 |  | $ | 1.44 |  | $ | 4.57 |
Discontinued operations |  |  | (0.42 | ) |  |  | (0.02 | ) |  |  | 0.22 |  |  | 0.02 |  |  | (0.20 | )
Diluted net earnings per share |  | $ | 0.68 |  |  | $ | 0.95 |  |  | $ | 1.30 |  | $ | 1.46 |  | $ | 4.37 |
Dividends declared per common share |  | $ | 0.74 |  |  | $ | 0.74 |  |  | $ | 0.74 |  | $ | 0.77 |  | $ | 2.99 |
Market price (NYSE) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High |  | $ | 112.70 |  |  | $ | 112.65 |  |  | $ | 106.36 |  | $ | 98.31 |  | $ | 112.70 |
Low |  |  | 103.77 |  |  |  | 102.95 |  |  |  | 95.19 |  |  | 86.03 |  |  | 86.03 |
Year-end |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 104.02 |

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialDataAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1570-108306 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305 + Details
Name: | us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration