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OTHER (INCOME) EXPENSE, NET (Tables)

12 Months Ended

Jun. 30, 2016

Other Income and Expenses [Abstract]

Major Components of Other (Income) Expense, Net

The major components of Other (income) expense, net, for the fiscal years ended June 30 were:

	2016				2015				2014
Income from equity investees	$	(15	)		$	(14	)		$	(13	)
Interest income		(5	)			(4	)			(3	)
Low income housing partnership gains, net		-				(13	)			-
Foreign exchange transaction losses, net		1				9				1
Amortization of trademarks and other intangible assets		8				8				8
Intangible asset impairment charges		9				3				3
Other		(5	)			(2	)			(6	)
Total	$	(7	)		$	(13	)		$	(10	)

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- Definition

Tabular disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions.

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