XML 17 R3.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Jun. 30, 2022
Current assets    
Cash and cash equivalents $ 278 $ 183
Receivables, net 612 681
Inventories, net 755 755
Prepaid expenses and other current assets 118 106
Total current assets 1,763 1,725
Property, plant and equipment, net of accumulated depreciation and amortization of $2,575 and $2,530, respectively 1,322 1,334
Operating lease right-of-use assets 336 342
Goodwill 1,546 1,558
Trademarks, net 685 687
Other intangible assets, net 190 197
Other assets 311 315
Total assets 6,153 6,158
Current liabilities    
Notes and loans payable 348 237
Current operating lease liabilities 78 78
Accounts payable and accrued liabilities 1,584 1,469
Total current liabilities 2,010 1,784
Long-term debt 2,475 2,474
Long-term operating lease liabilities 308 314
Other liabilities 805 791
Deferred income taxes 59 66
Total liabilities 5,657 5,429
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 shares issued as of September 30, 2022 and June 30, 2022; and 123,355,986 and 123,152,132 shares outstanding as of September 30, 2022 and June 30, 2022, respectively 131 131
Additional paid-in capital 1,193 1,202
Retained earnings 832 1,048
Treasury stock, at cost: 7,385,475 and 7,589,329 shares as of September 30, 2022 and June 30, 2022, respectively (1,315) (1,346)
Accumulated other comprehensive net (loss) income (515) (479)
Total Clorox stockholders’ equity 326 556
Noncontrolling interests 170 173
Total stockholders’ equity 496 729
Total liabilities and stockholders’ equity $ 6,153 $ 6,158