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INVENTORIES | 12 Months Ended
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Jun. 30, 2020
Inventory Disclosure [Abstract] |
INVENTORIES | INVENTORIES Inventories consisted of the following as of June 30:
| 2020 |  | 2019
Finished goods | $ | 340 |  |  | $ | 411 |
Raw materials and packaging | 140 |  |  | 125 |
Work in process | 7 |  |  | 6 |
LIFO allowances | (33) |  |  | (30) |
Total | $ | 454 |  |  | $ | 512 |
The LIFO method was used to value approximately 31% and 34% of inventories as of June 30, 2020 and 2019, respectively. The carrying values for all other inventories are determined on the FIFO method. The effect on earnings of the liquidation of LIFO layers was insignificant for each of the fiscal years ended June 30, 2020, 2019 and 2018.

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
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