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OTHER (INCOME) EXPENSE, NET (Tables)
 12 Months Ended
Jun. 30, 2019
Other Income and Expenses [Abstract]  
Major Components of Other (Income) Expense, Net
The major components of Other (income) expense, net, for the fiscal years ended June 30 were:
 
2019
 
2018
 
2017
Income from equity investees
$
(15
)
 
$
(12
)
 
$
(19
)
Net periodic benefit cost (1)
14

 
—

 
—

Loss (gain) on sale of assets and investments, net
—

 
4

 
(11
)
Interest income
(3
)
 
(6
)
 
(4
)
Asset impairment charges
—

 
1

 
23

Amortization of trademarks and other intangible assets
17

 
11

 
10

Foreign exchange transaction (gains) losses, net
7

 
3

 
(1
)
Other
(17
)
 
(4
)
 
8

Total
$
3

 
$
(3
)
 
$
6



(1) As a result of adopting ASU No. 2017-07, “Compensation-Retirement Benefits (Topic 715),” effective July 1, 2018, net periodic benefit cost is recorded in Other (income) expense, net for fiscal year 2019, and in Cost of products sold, Selling and administrative expenses and Research and development costs prior to fiscal year 2019. Refer to Note 1 for more details.