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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2020
Jun. 30, 2020
Current assets    
Cash and cash equivalents $ 860 $ 871
Receivables, net 685 648
Inventories, net 534 454
Prepaid expenses and other current assets 65 47
Total current assets 2,144 2,020
Property, plant and equipment, net of accumulated depreciation and amortization of $2,270 and $2,224, respectively 1,176 1,103
Operating lease right-of-use assets 281 291
Goodwill 1,793 1,577
Trademarks, net 786 785
Other intangible assets, net 265 109
Other assets 332 328
Total assets 6,777 6,213
Current liabilities    
Current operating lease liabilities 64 64
Accounts payable and accrued liabilities 1,395 1,329
Income taxes payable 57 25
Total current liabilities 1,516 1,418
Long-term debt 2,781 2,780
Long-term operating lease liabilities 268 278
Other liabilities 797 767
Deferred income taxes 104 62
Total liabilities 5,466 5,305
Commitments and contingencies
Stockholders’ equity    
Preferred stock: $1.00 par value; 5,000,000 shares authorized; none issued or outstanding 0 0
Common stock: $1.00 par value; 750,000,000 shares authorized; 158,741,461 shares issued as of September 30, 2020 and June 30, 2020; and 126,037,019 and 126,198,606 shares outstanding as of September 30, 2020 and June 30, 2020, respectively 159 159
Additional paid-in capital 1,146 1,137
Retained earnings 3,840 3,567
Treasury shares, at cost: 32,704,442 and 32,542,855 shares as of September 30, 2020 and June 30, 2020, respectively (3,407) (3,315)
Accumulated other comprehensive net (loss) income (623) (640)
Total Clorox stockholders’ equity 1,115 908
Noncontrolling interests 196 0
Total stockholders’ equity 1,311 908
Total liabilities and stockholders’ equity $ 6,777 $ 6,213