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SEGMENT RESULTS (Tables) | 9 Months Ended
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Mar. 31, 2024
Segment Reporting [Abstract] |
Selected Financial Information Relating to the Company's Segments | 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
|  | Three months ended |  | Nine months ended
|  | 3/31/2024 |  | 3/31/2023 |  | 3/31/2024 |  | 3/31/2023
Health and Wellness |  | $ | 609 |  |  | $ | 647 |  |  | $ | 1,833 |  |  | $ | 1,881 |
Household |  | 526 |  |  | 550 |  |  | 1,353 |  |  | 1,435 |
Lifestyle |  | 315 |  |  | 353 |  |  | 947 |  |  | 1,005 |
International |  | 310 |  |  | 305 |  |  | 891 |  |  | 876 |
Corporate and Other |  | 54 |  |  | 60 |  |  | 166 |  |  | 173 |
Total |  | $ | 1,814 |  |  | $ | 1,915 |  |  | $ | 5,190 |  |  | $ | 5,370 |
|  | Segment adjusted EBIT
|  | Three months ended |  | Nine months ended
|  | 3/31/2024 |  | 3/31/2023 |  | 3/31/2024 |  | 3/31/2023
Health and Wellness |  | $ | 154 |  |  | $ | 161 |  |  | $ | 517 |  |  | $ | 418 |
Household |  | 74 |  |  | 99 |  |  | 162 |  |  | 165 |
Lifestyle |  | 64 |  |  | 83 |  |  | 192 |  |  | 217 |
International |  | 38 |  |  | 27 |  |  | 104 |  |  | 74 |
Corporate and Other |  | (70) |  |  | (101) |  |  | (238) |  |  | (251) |
Total |  | $ | 260 |  |  | $ | 269 |  |  | $ | 737 |  |  | $ | 623 |
Interest income |  | 4 |  |  | 4 |  |  | 21 |  |  | 9 |
Interest expense |  | (22) |  |  | (24) |  |  | (69) |  |  | (69) |
Loss on divestiture (1) |  | (240) |  |  | — |  |  | (240) |  |  | — |
Pension settlement charge (2) |  | — |  |  | — |  |  | (171) |  |  | — |
Cyberattack costs (3) |  | (8) |  |  | — |  |  | (57) |  |  | — |
VMS impairment (4) |  | — |  |  | (445) |  |  | — |  |  | (445) |
Streamlined operating model (5) |  | (10) |  |  | (21) |  |  | (13) |  |  | (44) |
Digital capabilities and productivity enhancements investment (6) |  | (26) |  |  | (28) |  |  | (85) |  |  | (73) |
Earnings (losses) before income taxes |  | $ | (42) |  |  | $ | (245) |  |  | $ | 123 |  |  | $ | 1 |
(1)Represents loss on divestiture of the Argentina business corresponding to International. See Note 2 for additional details related to the divestiture. (2)Represents costs related to the settlement of the domestic qualified pension plan corresponding to Corporate and Other. See Note 14 for additional details relating to the pension settlement. (3)Represents incremental costs related to the cyberattack of $8 and $57 for the three and nine months ended March 31, 2024, respectively. See Note 3 for additional details relating to the cyberattack. For informational purposes, the following table provides the approximate cyberattack costs corresponding to the Company’s reportable segments as a percentage of total costs:
| Three months ended |  | Nine months ended |  |
| 3/31/2024 |  |  |  | 3/31/2024 |  |  |  |
Health and Wellness | 18 | % |  |  |  | 15 | % |  |  |  |
Household | 12 |  |  |  |  | 11 |  |  |  |  |
Lifestyle | — |  |  |  |  | 11 |  |  |  |  |
International | — |  |  |  |  | 4 |  |  |  |  |
Corporate and Other | 70 |  |  |  |  | 59 |  |  |  |  |
Total | 100 | % |  |  |  | 100 | % |  |  |  |
(4)Represents noncash impairment charge of $445 related to the VMS business recorded in both the three and nine months ended March 31, 2023. See Note 7 for additional details relating to the impairment. (5)Represents restructuring and related implementation costs, net for the streamlined operating model of $10 and $13 for the three and nine months ended March 31, 2024, respectively and $21 and $44 for the three and nine months ended March 31, 2023, respectively. For informational purposes, the following table provides the approximate restructuring and related implementation costs, net corresponding to the Company’s reportable segments as a percentage of the total costs:
| Three months ended |  | Nine months ended |  | Inception to date ended
| 3/31/2024 |  | 3/31/2023 |  | 3/31/2024 |  | 3/31/2023 |  | 3/31/2024
Health and Wellness | 4 | % |  | 7 | % |  | 4 | % |  | 6 | % |  | 5 | %
Household | — |  |  | 4 |  |  | — |  |  | 2 |  |  | 1 |
Lifestyle | — |  |  | 2 |  |  | — |  |  | 3 |  |  | 3 |
International | — |  |  | 21 |  |  | — |  |  | 19 |  |  | 13 |
Corporate and Other | 96 |  |  | 66 |  |  | 96 |  |  | 70 |  |  | 78 |
Total | 100 | % |  | 100 | % |  | 100 | % |  | 100 | % |  | 100 | %
(6)Represents expenses related to the Company’s digital capabilities and productivity enhancements investment corresponding to Corporate and Other. The following table provides Net sales as a percentage of the Company’s consolidated net sales, disaggregated by operating segment, for the periods indicated:
|  | Net sales |
|  | Three months ended |  | Nine months ended
|  | 3/31/2024 |  | 3/31/2023 |  | 3/31/2024 |  | 3/31/2023
Cleaning |  | 29 |  | % |  | 30 |  | % |  | 30 |  | % |  | 30 |  | %
Professional Products |  | 5 |  |  |  | 4 |  |  |  | 5 |  |  |  | 5 |  |
Health and Wellness |  | 34 |  | % |  | 34 |  | % |  | 35 |  | % |  | 35 |  | %
Bags and Wraps |  | 12 |  |  |  | 12 |  |  |  | 12 |  |  |  | 12 |  |
Cat Litter |  | 8 |  |  |  | 9 |  |  |  | 9 |  |  |  | 9 |  |
Grilling |  | 9 |  |  |  | 8 |  |  |  | 6 |  |  |  | 6 |  |
Household |  | 29 |  | % |  | 29 |  | % |  | 27 |  | % |  | 27 |  | %
Food |  | 10 |  |  |  | 10 |  |  |  | 10 |  |  |  | 11 |  |
Natural Personal Care |  | 3 |  |  |  | 4 |  |  |  | 4 |  |  |  | 4 |  |
Water Filtration |  | 4 |  |  |  | 4 |  |  |  | 4 |  |  |  | 4 |  |
Lifestyle |  | 17 |  | % |  | 18 |  | % |  | 18 |  | % |  | 19 |  | %
International |  | 17 |  | % |  | 16 |  | % |  | 17 |  | % |  | 16 |  | %
Corporate and Other |  | 3 |  | % |  | 3 |  | % |  | 3 |  | % |  | 3 |  | %
Total |  | 100 |  | % |  | 100 |  | % |  | 100 |  | % |  | 100 |  | %

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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