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COMPREHENSIVE INCOME
 6 Months Ended
Dec. 31, 2015
COMPREHENSIVE INCOME [Abstract]  
COMPREHENSIVE INCOME
NOTE 8. COMPREHENSIVE INCOME

Comprehensive income was as follows for the periods indicated:

Three Months Ended Six Months Ended
12/31/2015 12/31/2014   12/31/2015   12/31/2014
Earnings from continuing operations $ 151     $ 128     $ 324     $ 273  
Losses from discontinued operations, net of tax   (2 )     (3 )     (3 )     (58 )
Net earnings   149       125       321       215  
Other comprehensive income (loss), net of tax:                              
       Foreign currency translation adjustments   (24 )     (19 )     (67 )     (19 )
       Net unrealized gains (losses) on derivatives   3       (19 )     6       (20 )
       Pension and postretirement benefit adjustments   1       1       2       3  
Total other comprehensive income (loss), net of tax   (20 )     (37 )     (59 )     (36 )
Comprehensive income $ 129     $ 88     $ 262     $ 179  

Changes in accumulated other comprehensive net loss by component were as follows:

Three Months Ended Six Months Ended
12/31/2015 12/31/2014   12/31/2015   12/31/2014
Foreign currency adjustments                      
Other comprehensive gains (losses) before reclassifications $ (20 )   $ (22 )   (61 )   $ (55 )
              Reclassificiation of (gains) losses into earnings:                            
                     Recognition of deferred foreign currency translation loss   -       -     -       30  
              Income tax benefit (expense)   (4 )     3     (6 )     6  
       Foreign currency adjustments, net of tax $ (24 )   $ (19 )   (67 )   $ (19 )
 
Net unrealized gains (losses) on derivatives                            
              Other comprehensive gains (losses) before reclassifications $ (2 )   $ (16 )   (2 )   $ (23 )
              Reclassificiation of (gains) losses into earnings   5       -     8       3  
              Income tax benefit (expense)   -       (3 )   -       -  
       Net unrealized gains (losses) on derivatives, net of tax $ 3     $ (19 )   6     $ (20 )
 
Pension and postretirement benefit adjustments                            
              Other comprehensive gains (losses) before reclassifications $ -     $ (1 )   -     $ (1 )
              Reclassificiation of (gains) losses into earnings   2       2     3       4  
              Income tax benefit (expense)   (1 )     -     (1 )     -  
       Pension and postretirement benefit adjustments, net of tax $ 1     $ 1     2     $ 3  
 
Total other comprehensive income (loss), net of tax $ (20 )   $ (37 )   (59 )   $ (36 )

Included in foreign currency adjustments are re-measurement losses on long-term intercompany loans where settlement is not planned or anticipated in the foreseeable future. For the three and six months ended December 31, 2015, other comprehensive net income (loss) on these loans totaled $(6) and $(11). For the three and six months ended December 31, 2014, other comprehensive net income (loss) on these loans totaled $(3) and $(4), respectively. There were no amounts reclassified from accumulated other comprehensive net loss for the periods presented related to long-term intercompany loans where settlement is not planned or anticipated in the foreseeable future.