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SEGMENT REPORTING (Tables) | 12 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
Schedule of Reportable Segment Information and Reconciliation of Segment Information | The tables below present reportable segment information and a reconciliation of the segment information to the Company’s consolidated net sales and earnings (losses) before income taxes, with amounts that are not allocated to the reportable segments reflected in Corporate and Other.
| Net Sales
| Fiscal year
| 2024 |  | 2023 |  | 2022
Health and Wellness | $ | 2,485 |  |  | $ | 2,532 |  |  | $ | 2,427 |
Household | 1,950 |  |  | 2,098 |  |  | 1,984 |
Lifestyle | 1,275 |  |  | 1,338 |  |  | 1,253 |
International | 1,162 |  |  | 1,181 |  |  | 1,180 |
Reportable segment total | 6,872 |  |  | 7,149 |  |  | 6,844 |
Corporate and Other | 221 |  |  | 240 |  |  | 263 |
Total | $ | 7,093 |  |  | $ | 7,389 |  |  | $ | 7,107 |
| Segment adjusted earnings (losses) before interest and income taxes
| Fiscal year
| 2024 |  | 2023 |  | 2022
Health and Wellness | $ | 719 |  |  | $ | 594 |  |  | $ | 381 |
Household | 260 |  |  | 308 |  |  | 234 |
Lifestyle | 253 |  |  | 284 |  |  | 280 |
International | 122 |  |  | 89 |  |  | 97 |
Reportable segment total | 1,354 |  |  | 1,275 |  |  | 992 |
Corporate and Other | (309) |  |  | (358) |  |  | (223) |
Total | $ | 1,045 |  |  | $ | 917 |  |  | $ | 769 |
Interest income | 23 |  |  | 16 |  |  | 5 |
Interest expense | (90) |  |  | (90) |  |  | (106) |
Loss on divestiture (1) | (240) |  |  | — |  |  | — |
Pension settlement charge (2) | (171) |  |  | — |  |  | — |
Cyberattack costs, net of insurance recoveries (3) | (29) |  |  | — |  |  | — |
VMS impairment (4) | — |  |  | (445) |  |  | — |
Streamlined operating model (5) | (32) |  |  | (60) |  |  | — |
Digital capabilities and productivity enhancements investment (6) | (108) |  |  | (100) |  |  | (61) |
Earnings (losses) before income taxes | $ | 398 |  |  | $ | 238 |  |  | $ | 607 |
(1)Represents the loss on divestiture of the Argentina business corresponding to International. See Note 2 for additional details. (2)Represents costs related to the settlement of the domestic qualified pension plan corresponding to Corporate and Other. See Note 20 for additional details. (3)Represents incremental costs, net of insurance recoveries, related to the cyberattack. See Note 3 for additional details relating to the cyberattack. All insurance recoveries are recorded in Corporate and Other. For informational purposes, the following table provides the approximate cyberattack costs, net of insurance recoveries, corresponding to the Company’s reportable segments as a percentage of total net costs:
| 2024 |  |  |  |  |  |
Health and Wellness | 30 | % |  |  |  |  |  |
Household | 24 |  |  |  |  |  |  |
Lifestyle | 23 |  |  |  |  |  |  |
International | 8 |  |  |  |  |  |  |
Corporate and Other | 15 |  |  |  |  |  |  |
Total | 100 | % |  |  |  |  |  |
(4)Represents a noncash impairment charge of $445 related to the Better Health VMS business recorded in fiscal year 2023. (5)Represents restructuring and related implementation costs, net for the streamlined operating model of $32 and $60 in fiscal year 2024 and 2023, respectively. For informational purposes the following table provides the approximate restructuring and related implementation costs, net corresponding to the Company's segments as a percent of the total costs for the fiscal years ended June 30:
|  |  |  |  | Inception to date ended
| 2024 |  | 2023 |  | 2024
Health and Wellness | 3 | % |  | 6 | % |  | 5 | %
Household | 2 |  |  | 1 |  |  | 2 |
Lifestyle | — |  |  | 4 |  |  | 2 |
International | 4 |  |  | 16 |  |  | 11 |
Corporate and Other | 91 |  |  | 73 |  |  | 80 |
Total | 100 | % |  | 100 | % |  | 100 | %
(6)Represents expenses related to the Company's digital capabilities and productivity enhancements investment corresponding to Corporate and Other.
| Fiscal Year |  | Health and Wellness |  | Household |  | Lifestyle |  | International |  | Corporate and Other |  | Total Company
(Income) Loss from equity investees included in Other (income) expense, net | 2024 |  | — |  |  | — |  |  | — |  |  | (5) |  |  | — |  |  | (5) |
2023 |  | — |  |  | — |  |  | — |  |  | (4) |  |  | — |  |  | (4) |
| 2022 |  | — |  |  | — |  |  | — |  |  | (6) |  |  | — |  |  | (6) |
Total assets | 2024 |  | 1,124 |  |  | 1,088 |  |  | 1,110 |  |  | 1,327 |  |  | 1,102 |  |  | 5,751 |
| 2023 |  | 1,184 |  |  | 1,082 |  |  | 1,091 |  |  | 1,410 |  |  | 1,178 |  |  | 5,945 |
Capital expenditures | 2024 |  | 47 |  |  | 84 |  |  | 36 |  |  | 21 |  |  | 24 |  |  | 212 |
| 2023 |  | 51 |  |  | 97 |  |  | 29 |  |  | 24 |  |  | 27 |  |  | 228 |
| 2022 |  | 61 |  |  | 112 |  |  | 24 |  |  | 27 |  |  | 27 |  |  | 251 |
Depreciation and amortization | 2024 |  | 58 |  |  | 77 |  |  | 24 |  |  | 45 |  |  | 31 |  |  | 235 |
| 2023 |  | 59 |  |  | 78 |  |  | 25 |  |  | 46 |  |  | 28 |  |  | 236 |
| 2022 |  | 57 |  |  | 67 |  |  | 24 |  |  | 47 |  |  | 29 |  |  | 224 |
Significant noncash charges included in earnings (losses) before interest and income taxes:
Stock-based compensation | 2024 |  | 14 |  |  | 11 |  |  | 8 |  |  | 6 |  |  | 35 |  |  | 74 |
| 2023 |  | 14 |  |  | 10 |  |  | 7 |  |  | 4 |  |  | 38 |  |  | 73 |
| 2022 |  | 14 |  |  | 8 |  |  | 6 |  |  | 3 |  |  | 21 |  |  | 52 |
Schedule of Concentration Percentage | The following table provides Net sales as a percentage of the Company’s consolidated net sales, disaggregated by operating segment, for the fiscal years ended June 30:
|  | 2024 |  | 2023 |  | 2022
Cleaning |  | 30 | % |  | 30 | % |  | 29 | %
Professional Products |  | 5 | % |  | 5 | % |  | 4 | %
Health and Wellness |  | 35 | % |  | 35 | % |  | 33 | %
Bags and Wraps |  | 11 | % |  | 12 | % |  | 12 | %
Cat Litter |  | 9 | % |  | 9 | % |  | 8 | %
Grilling |  | 8 | % |  | 7 | % |  | 8 | %
Household |  | 28 | % |  | 28 | % |  | 28 | %
Food |  | 11 | % |  | 10 | % |  | 10 | %
Water Filtration |  | 4 | % |  | 4 | % |  | 4 | %
Natural Personal Care |  | 3 | % |  | 4 | % |  | 4 | %
Lifestyle |  | 18 | % |  | 18 | % |  | 18 | %
International |  | 16 | % |  | 16 | % |  | 17 | %
Corporate and Other |  | 3 | % |  | 3 | % |  | 4 | %
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. and International, that accounted for 10% or more of consolidated net sales for the fiscal years ended June 30:
| 2024 |  | 2023 |  | 2022
Cleaning products | 43 | % |  | 42 | % |  | 42 | %
Bags and wraps | 15 | % |  | 16 | % |  | 16 | %
Food products | 11 | % |  | 11 | % |  | 11 | %
Cat litter products | 10 | % |  | 10 | % |  | 9 | %
Schedule of Net Sales and Property, Plant and Equipment, Net by Geographic Area | 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 | 2024 |  | $ | 5,956 |  |  | $ | 1,137 |  |  | $ | 7,093 |
| 2023 |  | 6,237 |  |  | 1,152 |  |  | 7,389 |
| 2022 |  | 5,951 |  |  | 1,156 |  |  | 7,107 |
Property, plant and equipment, net | 2024 |  | 1,188 |  |  | 127 |  |  | 1,315 |
| 2023 |  | 1,192 |  |  | 153 |  |  | 1,345 |

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