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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Operating activities:    
Net earnings $ 678 $ 388
Adjustments to reconcile net earnings to net cash provided by operations:    
Depreciation and amortization 104 88
Stock-based compensation 35 19
Deferred income taxes 41 12
Other (65) 21
Changes in:    
Receivables, net 72 86
Inventories, net (140) (3)
Prepaid expenses and other current assets (17) (9)
Accounts payable and accrued liabilities 23 (80)
Operating lease right-of-use assets and liabilities, net 0 7
Income taxes payable / prepaid (102) (31)
Net cash provided by operations 629 498
Investing activities:    
Capital expenditures (151) (111)
Businesses acquired, net of cash acquired (85) 0
Other (22) 13
Net cash used for investing activities (258) (98)
Financing activities:    
Notes and loans payable, net 0 106
Treasury stock purchased (300) (195)
Cash dividends paid to Clorox stockholders (280) (266)
Cash dividends paid to noncontrolling interests (18) 0
Issuance of common stock for employee stock plans and other 74 17
Net cash used for financing activities (524) (338)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 11 (1)
Net increase (decrease) in cash, cash equivalents, and restricted cash (142) 61
Cash, cash equivalents, and restricted cash:    
Beginning of period 879 113
End of period $ 737 $ 174