UNAUDITED QUARTERLY DATA

12 Months Ended

Jun. 30, 2020

Quarterly Financial Data [Abstract]

UNAUDITED QUARTERLY DATA

UNAUDITED QUARTERLY DATA

Dollars in millions, except per share data	Quarters Ended
	September 30		December 31		March 31		June 30		Full Year
Fiscal year ended June 30, 2020
Net sales	$	1,506	$	1,449	$	1,783	$	1,983	$	6,721
Cost of products sold	$	843	$	810	$	951	$	1,054	$	3,658
Net earnings	$	203	$	185	$	241	$	310	$	939
Net earnings per share:
Basic net earnings per share	$	1.61	$	1.48	$	1.92	$	2.45	$	7.46
Diluted net earnings per share	$	1.59	$	1.46	$	1.89	$	2.41	$	7.36
Dividends declared per share	$	1.06	$	1.06	$	1.06	$	1.11	$	4.29
Fiscal year ended June 30, 2019
Net sales	$	1,563	$	1,473	$	1,551	$	1,627	$	6,214
Cost of products sold	$	885	$	830	$	878	$	893	$	3,486
Net earnings	$	210	$	182	$	187	$	241	$	820
Net earnings per share:
Basic net earnings per share	$	1.65	$	1.42	$	1.46	$	1.91	$	6.42
Diluted net earnings per share	$	1.62	$	1.40	$	1.44	$	1.88	$	6.32
Dividends declared per share	$	0.96	$	0.96	$	0.96	$	1.06	$	3.94

FIVE-YEAR FINANCIAL SUMMARY

The Clorox Company

	Years ended June 30
Dollars in millions, except per share data	2020		2019		2018		2017		2016
OPERATIONS
Net sales	$	6,721	$	6,214	$	6,124	$	5,973	$	5,761
Gross profit	3,063		$	2,728	$	2,675	$	2,671	$	2,598
Earnings from continuing operations	$	939	$	820	$	823	$	703	$	648
(Losses) earnings from discontinued operations, net of tax	—		—		—		(2)		—
Net earnings	$	939	$	820	$	823	$	701	$	648
COMMON STOCK
Earnings per share
Continuing operations
Basic	$	7.46	$	6.42	$	6.37	$	5.45	$	5.01
Diluted	7.36		6.32		6.26		5.35		4.92
Dividends declared per share	4.29		3.94		3.60		3.24		3.11
	As of June 30
Dollars in millions	2020		2019		2018		2017		2016
OTHER DATA
Total assets (1) (2)	$	6,213	$	5,116	$	5,060	$	4,573	$	4,510
Long-term debt (1)	2,780		2,287		2,284		1,391		1,789

(1) Amounts for the fiscal years ended June 30, 2016 have been retrospectively adjusted to conform to the presentation of debt issuance costs required by ASU No. 2015-03, “Interest - Imputation of Interest (ASC 835-30): Simplifying the Presentation of Debt Issuance Costs.”

(2) As a result of adopting ASU No. 2016-02, “Leases (ASC 842),” the Company has included operating right-of-use assets within Total assets as of June 30, 2020. See Note 1 for more information.