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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2021
Jun. 30, 2020
Current assets    
Cash and cash equivalents $ 319 $ 871
Receivables, net 604 648
Inventories, net 752 454
Prepaid expenses and other current assets 154 47
Total current assets 1,829 2,020
Property, plant and equipment, net 1,302 1,103
Operating lease right-of-use assets 332 291
Goodwill 1,575 1,577
Trademarks, net 693 785
Other intangible assets, net 225 109
Other assets 378 328
Total assets 6,334 6,213
Current liabilities    
Current maturities of long-term debt 300 0
Current operating lease liabilities 81 64
Accounts payable and accrued liabilities 1,675 1,329
Income taxes payable 0 25
Total current liabilities 2,056 1,418
Long-term debt 2,484 2,780
Long-term operating lease liabilities 301 278
Other liabilities 834 767
Deferred income taxes 67 62
Total liabilities 5,742 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; 130,741,461 and 158,741,461 shares issued as of June 30, 2021 and 2020, respectively; and 122,780,220 and 126,198,606 shares outstanding as of June 30, 2021 and 2020, respectively 131 159
Additional paid-in capital 1,186 1,137
Retained earnings 1,036 3,567
Treasury stock, at cost: 7,961,241 and 32,542,855 shares as of June 30, 2021 and 2020, respectively (1,396) (3,315)
Accumulated other comprehensive net (loss) income (546) (640)
Total Clorox stockholders’ equity 411 908
Noncontrolling interests 181 0
Total stockholders’ equity 592 908
Total liabilities and stockholders’ equity $ 6,334 $ 6,213