Discontinued Operations (Tables)

9 Months Ended

Mar. 31, 2012

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations Disclosures

Following is selected financial information included in net earnings from discontinued operations for the snacks business:



	Three months ended September 30				Three months ended December 31				Three months ended March 31				Nine months ended March 31
Amounts in millions	2011		2010		2011		2010		2012		2011		2012		2011
Net sales	$	387	$	338	$	391	$	371	$	350	$	337	$	1,128	$	1,046
Earnings from discontinued operations before income taxes	84		77		59		73		56		67		199		217
Income tax expense	26		22		18		17		22		20		66		59
Net earnings from discontinued operations	58		55		41		56		34		47		133		158

At March 31, 2012, the major components of assets and liabilities of the snacks business held for sale were as follows:



Amounts in millions	March 31, 2012
Accounts receivable	$	119
Inventories	122
Prepaid expenses and other assets	7
Property, plant and equipment, net	354
Goodwill	95
Total assets held for sale	697

Accrued and other liabilities	55
Total liabilities held for sale	55
Assets held for sale, net	642

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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