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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2020
Operating activities:      
Net earnings $ 471 $ 719 $ 939
Adjustments to reconcile net earnings to net cash provided by operations:      
Depreciation and amortization 224 211 180
Stock-based compensation 52 50 50
Deferred income taxes 5 (32) (2)
Goodwill, trademark and other asset impairments 0 329 0
Settlement of interest rate derivative contracts 114 0 0
Other 19 10 30
Changes in:      
Receivables, net (84) 82 (27)
Inventories, net (18) (282) 50
Prepaid expenses and other current assets 16 (30) 2
Accounts payable and accrued liabilities (47) 311 291
Operating lease right-of-use assets and liabilities, net (1) (2) 19
Income taxes payable/prepaid 35 (90) 14
Net cash provided by operations 786 1,276 1,546
Investing activities:      
Capital expenditures (251) (331) (254)
Businesses acquired, net of cash acquired 0 (85) 0
Other 22 (36) 2
Net cash used for investing activities (229) (452) (252)
Financing activities:      
Notes and loans payable, net 237 0 (396)
Long-term debt repayments (1,405) 0 0
Long-term debt borrowings, net of issuance costs paid 1,085 0 492
Treasury stock purchased (25) (905) (248)
Cash dividends paid to Clorox stockholders (571) (558) (533)
Cash dividends paid to noncontrolling interests (15) (31) 0
Issuance of common stock for employee stock plans and other 5 103 162
Net cash used for financing activities (689) (1,391) (523)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (6) 12 (5)
Net increase (decrease) in cash, cash equivalents and restricted cash (138) (555) 766
Cash, cash equivalents and restricted cash:      
Beginning of year 324 879 113
End of year 186 324 879
Supplemental cash flow information:      
Interest paid 89 89 89
Income taxes paid, net of refunds 100 303 241
Non-cash financing activities:      
Cash dividends declared and accrued, but not paid $ 14 $ 156 $ 140