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STOCKHOLDERS' EQUITY
 9 Months Ended
Mar. 31, 2022
Equity [Abstract]  
STOCKHOLDERS' EQUITY STOCKHOLDERS’ EQUITY
Changes in the components of Stockholders’ equity were as follows for the periods indicated:

Three Months Ended March 31
(Dollars in millions except per share data; shares in thousands)
Common StockAdditional Paid-in CapitalRetained EarningsTreasury StockAccumulated
Other
Comprehensive
Net (Loss) Income		Non-controlling interestsTotal Stockholders’ Equity
AmountShares AmountShares
Balance as of December 31, 2020$131 130,741 $1,176 $1,302 $(850)(5,017)$(575)$196 $1,380 
Net earnings (losses)— — — (61)— — — 2 (59)
Other comprehensive (loss) income— — — — — — 22 — 22 
Dividends to Clorox stockholders ($1.11 per share declared)
— — — (139)— — — — (139)
Dividends to non-controlling interests— — — — — — — (3)(3)
Stock-based compensation— — 17 — — — — — 17 
Other employee stock plan activities— — (3)(16)44 283 — — 25 
Treasury stock purchased— — — — (305)(1,648)— — (305)
Balance as of March 31, 2021$131 130,741 $1,190 $1,086 $(1,111)(6,382)$(553)$195 $938 
Balance as of December 31, 2021$131 130,741 $1,180 $949 $(1,373)(7,777)$(574)$178 $491 
Net earnings— — — 150 — — — 2 152 
Other comprehensive (loss) income— — — — — — 55 — 55 
Dividends to Clorox stockholders ($1.16 per share declared)
— — — (143)— — — — (143)
Dividends to non-controlling interests— — — — — — — (4)(4)
Stock-based compensation— — 19 — — — — — 19 
Other employee stock plan activities— — (4)(5)15 107 — — 6 
Balance as of March 31, 2022$131 130,741 $1,195 $951 $(1,358)(7,670)$(519)$176 $576 
Nine Months Ended March 31
(Dollars in millions except per share data; shares in thousands)
Common StockAdditional Paid-in CapitalRetained EarningsTreasury StockAccumulated
Other
Comprehensive
Net (Loss) Income		Non-controlling interestsTotal Stockholders’ Equity
AmountSharesAmountShares
Balance as of June 30, 2020$159 158,741 $1,137 $3,567 $(3,315)(32,543)$(640)$— $908 
Net earnings— — — 613 — — — 6 619 
Other comprehensive (loss) income— — — — — — 87 — 87 
Dividends to Clorox stockholders ($3.33 per share declared)
— — — (421)— — — — (421)
Dividends to noncontrolling interests— — — — — — — (9)(9)
Business combinations including purchase accounting adjustments— — — — — — — 198 198 
Stock-based compensation— — 52 — — — — — 52 
Other employee stock plan activities— — 1 (33)141 1,233 — — 109 
Treasury stock purchased— — — — (605)(3,072)— — (605)
Treasury stock retirement (1)
(28)(28,000)— (2,640)2,668 28,000$— — — 
Balance as of March 31, 2021$131 130,741 $1,190 $1,086 $(1,111)(6,382)$(553)$195 $938 
Balance as of June 30, 2021$131 130,741 $1,186 $1,036 $(1,396)(7,961)$(546)$181 $592 
Net earnings— — — 361 — — — 6 367 
Other comprehensive (loss) income— — — — — — 27 — 27 
Dividends to Clorox stockholders ($3.48 per share declared)
— — — (430)— — — — (430)
Dividends to noncontrolling interests— — — — — — — (11)(11)
Stock-based compensation— — 44 — — — — — 44 
Other employee stock plan activities— — (35)(16)63 443 — — 12 
Treasury stock purchased— — — — (25)(152)— — (25)
Balance as of March 31, 2022$131 130,741 $1,195 $951 $(1,358)(7,670)$(519)$176 $576 

(1) On November 18, 2020 the Company retired 28 million shares of its treasury stock. These shares are now authorized but unissued. There was no effect on the Company’s overall equity position as a result of the retirement.
Changes in Accumulated other comprehensive net (loss) income attributable to Clorox by component were as follows for the periods indicated:
Three Months Ended March 31
Foreign currency translation adjustmentsNet unrealized gains (losses) on derivativesPension and postretirement benefit adjustmentsAccumulated other comprehensive net (loss) income
Balance as of December 31, 2020$(403)$(3)$(169)$(575)
Other comprehensive (loss) income before reclassifications(6)33 — 27 
Amounts reclassified from Accumulated other comprehensive net (loss) income— 2 3 5 
Income tax benefit (expense)(1)(8)(1)(10)
Net current period other comprehensive (loss) income(7)27 2 22 
Balance as of March 31, 2021$(410)$24 $(167)$(553)
Balance as of December 31, 2021$(431)$18 $(161)$(574)
Other comprehensive (loss) income before reclassifications19 48 — 67 
Amounts reclassified from Accumulated other comprehensive net (loss) income— (3)2 (1)
Income tax benefit (expense), and other— (11)— (11)
Net current period other comprehensive (loss) income19 34 2 55 
Balance as of March 31, 2022$(412)$52 $(159)$(519)
Nine Months Ended March 31
Foreign currency translation adjustmentsNet unrealized gains (losses) on derivativesPension and postretirement benefit adjustmentsAccumulated other comprehensive net (loss) income
Balance as of June 30, 2020$(450)$(18)$(172)$(640)
Other comprehensive (loss) income before reclassifications38 47 — 85 
Amounts reclassified from Accumulated other comprehensive net (loss) income— 7 7 14 
Income tax benefit (expense)2 (12)(2)(12)
Net current period other comprehensive (loss) income40 42 5 87 
Balance as of March 31, 2021$(410)$24 $(167)$(553)
Balance as of June 30, 2021$(403)$21 $(164)$(546)
Other comprehensive (loss) income before reclassifications(9)51 — 42 
Amounts reclassified from Accumulated other comprehensive net (loss) income— (10)6 (4)
Income tax benefit (expense), and other— (10)(1)(11)
Net current period other comprehensive (loss) income(9)31 5 27 
Balance as of March 31, 2022$(412)$52 $(159)$(519)

Included in foreign currency translation adjustments are remeasurement losses on long-term intercompany loans where settlement is not planned or anticipated in the foreseeable future. There were no amounts associated with these loans reclassified from Accumulated other comprehensive net (loss) income for the periods presented.