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SEGMENT REPORTING | 12 Months Ended
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Jun. 30, 2021
Segment Reporting [Abstract] |
SEGMENT REPORTING | SEGMENT REPORTING The Company operates through SBUs that are also the Company’s operating segments. These SBUs are then aggregated into four reportable segments: Health and Wellness, Household, Lifestyle, and International. These four reportable segments consist of the following: •Health and Wellness consists of cleaning products, professional products, and vitamins, minerals and supplement products mainly marketed and sold in the U.S. •Household consists of cat litter products, bags and wraps, and grilling products marketed and sold in the U.S. •Lifestyle consists of food, natural personal care products, and water-filtration marketed and sold in the U.S. •International consists of products sold outside the U.S. Products within this segment include laundry additives; home care products; water-filtration systems and filters; digestive health products; grilling products; cat litter products; food products; bags and wraps; natural personal care products; and professional cleaning and disinfecting products. Certain non-allocated administrative costs, interest income, interest expense and various other non-operating income and expenses are reflected in Corporate. Corporate assets include cash and cash equivalents, prepaid expenses and other current assets, property and equipment, operating lease right-of-use assets, other long-term assets and deferred taxes.
| Fiscal Year |  | Health and Wellness (1) |  | Household |  | Lifestyle |  | International (2) |  | Corporate |  | Total Company
Net sales | 2021 |  | $ | 2,980 |  |  | $ | 1,981 |  |  | $ | 1,218 |  |  | $ | 1,162 |  |  | $ | — |  |  | $ | 7,341 |
| 2020 |  | 2,749 |  |  | 1,795 |  |  | 1,154 |  |  | 1,023 |  |  | — |  |  | 6,721 |
| 2019 |  | 2,422 |  |  | 1,774 |  |  | 1,048 |  |  | 970 |  |  | — |  |  | 6,214 |
Earnings (losses) before income taxes | 2021 |  | 305 |  |  | 375 |  |  | 320 |  |  | 201 |  |  | (301) |  |  | 900 |
| 2020 |  | 766 |  |  | 347 |  |  | 320 |  |  | 116 |  |  | (364) |  |  | 1,185 |
| 2019 |  | 570 |  |  | 337 |  |  | 264 |  |  | 96 |  |  | (243) |  |  | 1,024 |
Income from equity investees included in Other (income) expense, net | 2021 |  | — |  |  | — |  |  | — |  |  | 5 |  |  | — |  |  | 5 |
2020 |  | — |  |  | — |  |  | — |  |  | 20 |  |  | — |  |  | 20 |
| 2019 |  | — |  |  | — |  |  | — |  |  | 15 |  |  | — |  |  | 15 |
Total assets | 2021 |  | 2,043 |  |  | 912 |  |  | 1,011 |  |  | 1,489 |  |  | 879 |  |  | 6,334 |
| 2020 |  | 2,145 |  |  | 810 |  |  | 956 |  |  | 1,010 |  |  | 1,292 |  |  | 6,213 |
Capital expenditures | 2021 |  | 135 |  |  | 108 |  |  | 29 |  |  | 42 |  |  | 17 |  |  | 331 |
| 2020 |  | 72 |  |  | 94 |  |  | 46 |  |  | 20 |  |  | 22 |  |  | 254 |
| 2019 |  | 63 |  |  | 80 |  |  | 26 |  |  | 26 |  |  | 11 |  |  | 206 |
Depreciation and amortization | 2021 |  | 67 |  |  | 67 |  |  | 23 |  |  | 45 |  |  | 9 |  |  | 211 |
| 2020 |  | 64 |  |  | 65 |  |  | 22 |  |  | 22 |  |  | 7 |  |  | 180 |
| 2019 |  | 66 |  |  | 64 |  |  | 20 |  |  | 25 |  |  | 5 |  |  | 180 |
Significant non-cash charges included in earnings (losses) before income taxes:
Stock-based compensation | 2021 |  | 19 |  |  | 10 |  |  | 7 |  |  | 2 |  |  | 12 |  |  | 50 |
| 2020 |  | 13 |  |  | 9 |  |  | 6 |  |  | 1 |  |  | 21 |  |  | 50 |
| 2019 |  | 15 |  |  | 11 |  |  | 7 |  |  | 1 |  |  | 9 |  |  | 43 |
(1) Fiscal year 2021 earnings (losses) before income taxes for the Health and Wellness segment included impairment charges of $329, of which $228, $86, and $15 related to the goodwill of the VMS reporting unit, certain indefinite-lived trademarks and other assets, respectively. (2) Fiscal year 2021 earnings (losses) before income taxes for the International segment included an $85 non-cash gain from the remeasurement of the Company’s previously held investment in its Saudi joint venture. All intersegment sales are eliminated and are not included in the Company’s reportable segments’ net sales. Net sales to the Company’s largest customer, Walmart Stores, Inc. and its affiliates, were 25% of consolidated net sales for each of the fiscal years ended June 30, 2021, 2020 and 2019, and occurred across all of the Company’s reportable segments. No other customers accounted for 10% or more of the Company’s consolidated net sales in any of these fiscal years. The following table provides Net sales as a percentage of the Company’s consolidated net sales, disaggregated by SBU under the new reporting structure, for the fiscal years ended June 30:
|  | 2021 |  | 2020 |  | 2019
Cleaning |  | 30 | % |  | 30 | % |  | 28 | %
Professional Products |  | 7 | % |  | 7 | % |  | 6 | %
Vitamins, Minerals and Supplements |  | 4 | % |  | 4 | % |  | 5 | %
Health and Wellness |  | 41 | % |  | 41 | % |  | 39 | %
Bags and Wraps |  | 11 | % |  | 12 | % |  | 13 | %
Cat Litter |  | 7 | % |  | 7 | % |  | 7 | %
Grilling |  | 9 | % |  | 8 | % |  | 8 | %
Household |  | 27 | % |  | 27 | % |  | 28 | %
Food Products |  | 9 | % |  | 9 | % |  | 9 | %
Natural Personal Care |  | 4 | % |  | 4 | % |  | 5 | %
Water Filtration |  | 3 | % |  | 4 | % |  | 3 | %
Lifestyle |  | 16 | % |  | 17 | % |  | 17 | %
International |  | 16 | % |  | 15 | % |  | 16 | %
Total |  | 100 | % |  | 100 | % |  | 100 | %
The Company’s products are marketed and sold globally. The following table provides the Company’s global product lines, which were sold in the U.S. (including the Professional Products SBU) and International, that accounted for 10% or more of consolidated net sales for the fiscal years ended June 30:
| 2021 |  | 2020 |  | 2019
Cleaning products | 43 | % |  | 43 | % |  | 40 | %
Bags and wraps | 14 | % |  | 15 | % |  | 16 | %
Food products | 10 | % |  | 10 | % |  | 10 | %
Net sales and property, plant and equipment, net, by geographic area for and as of the fiscal years ended June 30 were as follows:
| Fiscal Year |  | United States |  | Foreign |  | Total Company
Net sales | 2021 |  | $ | 6,207 |  |  | $ | 1,134 |  |  | $ | 7,341 |
| 2020 |  | 5,725 |  |  | 996 |  |  | 6,721 |
| 2019 |  | 5,281 |  |  | 933 |  |  | 6,214 |
Property, plant and equipment, net | 2021 |  | 1,143 |  |  | 159 |  |  | 1,302 |
| 2020 |  | 1,005 |  |  | 98 |  |  | 1,103 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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