UNAUDITED QUARTERLY DATA (Tables)

12 Months Ended

Jun. 30, 2021

Quarterly Financial Data [Abstract]

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, 2021
Net sales	$	1,916	$	1,842	$	1,781	$	1,802	$	7,341
Cost of products sold	$	996	$	1,005	$	1,007	$	1,134	$	4,142
Net earnings (losses) (1)	$	417	$	261	$	(59)	$	100	$	719
Net earnings (losses) attributable to Clorox (1)	$	415	$	259	$	(61)	$	97	$	710
Net earnings (losses) per share attributable to Clorox:
Basic net earnings (losses) per share	$	3.28	$	2.06	$	(0.49)	$	0.79	$	5.66
Diluted net earnings (losses) per share	$	3.22	$	2.03	$	(0.49)	$	0.78	$	5.58
Dividends declared per share	$	1.11	$	1.11	$	1.11	$	1.16	$	4.49
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 (losses)	$	203	$	185	$	241	$	310	$	939
Net earnings attributable to Clorox	$	203	$	185	$	241	$	310	$	939
Net earnings per share attributable to Clorox:
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

(1) Fiscal year 2021 net earnings and net earnings attributable to Clorox includes impairment charges recorded in the quarter ended March 31, 2021 within the VMS reporting unit of $329, of which $228, $86, and $15 related to goodwill, certain indefinite-lived trademarks and other assets, respectively.

FIVE-YEAR FINANCIAL SUMMARY

The Clorox Company

	Years ended June 30
Dollars in millions, except per share data	2021 (2)		2020		2019		2018		2017
OPERATIONS
Net sales	$	7,341	$	6,721	$	6,214	$	6,124	$	5,973
Gross profit	3,199		$	3,063	$	2,728	$	2,675	$	2,671
Earnings from continuing operations	$	719	$	939	$	820	$	823	$	703
(Losses) earnings from discontinued operations, net of tax	—		—		—		—		(2)
Net earnings	$	719	$	939	$	820	$	823	$	701
Net earnings attributable to Clorox	$	710	$	939	$	820	$	823	$	701
COMMON STOCK
Net earnings per share attributable to Clorox:
Continuing operations
Basic net earnings per share	$	5.66	$	7.46	$	6.42	$	6.37	$	5.45
Diluted net earnings per share	5.58		7.36		6.32		6.26		5.35
Dividends declared per share	4.49		4.29		3.94		3.60		3.24
	As of June 30
Dollars in millions	2021		2020		2019		2018		2017
OTHER DATA
Total assets (1)	$	6,334	$	6,213	$	5,116	$	5,060	$	4,573
Long-term debt	2,484		2,780		2,287		2,284		1,391

(1) 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.

(2) Fiscal year 2021 net earnings and net earnings attributable to Clorox includes impairment charges recorded within the VMS reporting unit of $329, of which $228, $86, and $15 related to goodwill, certain indefinite-lived trademarks and other assets, respectively.