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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating activities:    
Net earnings $ 215 $ 678
Adjustments to reconcile net earnings to net cash provided by operations:    
Depreciation and amortization 110 104
Stock-based compensation 25 35
Deferred income taxes 6 41
Other 18 (65)
Changes in:    
Receivables, net 31 72
Inventories, net (72) (140)
Prepaid expenses and other current assets (2) (17)
Accounts payable and accrued liabilities (130) 23
Operating lease right-of-use assets and liabilities, net (1) 0
Income taxes payable / prepaid 22 (102)
Net cash provided by operations 222 629
Investing activities:    
Capital expenditures (109) (151)
Businesses acquired, net of cash acquired 0 (85)
Other (3) (22)
Net cash used for investing activities (112) (258)
Financing activities:    
Notes and loans payable, net 383 0
Long-term debt repayments (300) 0
Treasury stock purchased (25) (300)
Cash dividends paid to Clorox stockholders (285) (280)
Cash dividends paid to noncontrolling interests (5) (18)
Issuance of common stock for employee stock plans and other (3) 74
Net cash used for financing activities (235) (524)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (3) 11
Net increase (decrease) in cash, cash equivalents, and restricted cash (128) (142)
Cash, cash equivalents, and restricted cash:    
Beginning of period 324 879
End of period $ 196 $ 737