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STOCKHOLDERS' EQUITY
6 Months Ended
Dec. 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 December 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 September 30, 2021$131 130,741 $1,166 $1,027 $(1,389)(7,885)$(567)$179 $547 
Net earnings— — — 69 — — — 72 
Other comprehensive (loss) income— — — — — — (7)— (7)
Dividends to Clorox stockholders ($1.16 per share declared)
— — — (144)— — — — (144)
Dividends to noncontrolling interests— — — — — — — (4)(4)
Stock-based compensation— — 16 — — — — — 16 
Other employee stock plan activities— — (2)(3)16 108   11 
Balance as of December 31, 2021$131 130,741 $1,180 $949 $(1,373)(7,777)$(574)$178 $491 
Balance as of September 30, 2022$131 130,741 $1,193 $832 $(1,315)(7,385)$(515)$170 $496 
Net earnings— — — 99 — — — 102 
Other comprehensive (loss) income— — — — — — 13 — 13 
Dividends to Clorox stockholders ($1.18 per share declared)
— — — (147)— — — — (147)
Dividends to noncontrolling interests— — — — — — — (3)(3)
Stock-based compensation— — 21 — — — — — 21 
Other employee stock plan activities— — (7)(2)18 122 — — 
Balance as of December 31, 2022$131 130,741 $1,207 $782 $(1,297)(7,263)$(502)$170 $491 
Six Months Ended December 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, 2021$131 130,741 $1,186 $1,036 $(1,396)(7,961)$(546)$181 $592 
Net earnings— — — 211 — — — 215 
Other comprehensive (loss) income— — — — — — (28)— (28)
Dividends to Clorox stockholders ($2.32 per share declared)
— — — (287)— — — — (287)
Dividends to noncontrolling interests— — — — — — — (7)(7)
Stock-based compensation— — 25 — — — — — 25 
Other employee stock plan activities— — (31)(11)48 336 — — 
Treasury stock purchased— — — — (25)(152)— — (25)
Balance as of December 30, 2021$131 130,741 $1,180 $949 $(1,373)(7,777)$(574)$178 $491 
Balance as of June 30, 2022$131 130,741 $1,202 $1,048 $(1,346)(7,589)$(479)$173 $729 
Net earnings— — — 184 — — — 189 
Other comprehensive (loss) income— — — — — — (23)— (23)
Dividends to Clorox stockholders ($3.54 per share declared)
— — — (440)— — — — (440)
Dividends to noncontrolling interests— — — — — — — (8)(8)
Stock-based compensation— — 31 — — — — — 31 
Other employee stock plan activities— — (26)(10)49 326 — — 13 
Balance as of December 31, 2022$131 130,741 $1,207 $782 $(1,297)(7,263)$(502)$170 $491 
Changes in Accumulated other comprehensive net (loss) income attributable to Clorox by component were as follows for the periods indicated:
Three Months Ended December 31
Foreign currency translation adjustmentsNet unrealized gains (losses) on derivativesPension and postretirement benefit adjustmentsAccumulated other comprehensive net (loss) income
Balance as of September 30, 2021$(426)$22 $(163)$(567)
Other comprehensive (loss) income before reclassifications(5)(1)— (6)
Amounts reclassified from Accumulated other comprehensive net (loss) income— (4)(2)
Income tax benefit (expense)— — 
Net current period other comprehensive (loss) income(5)(4)(7)
Balance as of December 31, 2021$(431)$18 $(161)$(574)
Balance as of September 30, 2022$(477)$113 $(151)$(515)
Other comprehensive (loss) income before reclassifications18 — — 18 
Amounts reclassified from Accumulated other comprehensive net (loss) income— (6)(4)
Income tax benefit (expense), and other— — (1)(1)
Net current period other comprehensive (loss) income18 (6)13 
Balance as of December 31, 2022$(459)$107 $(150)$(502)
Six Months Ended December 31
Foreign currency translation adjustmentsNet unrealized gains (losses) on derivativesPension and postretirement benefit adjustmentsAccumulated other comprehensive net (loss) income
Balance as of June 30, 2021$(403)$21 $(164)$(546)
Other comprehensive (loss) income before reclassifications(28)— (25)
Amounts reclassified from Accumulated other comprehensive net (loss) income— (7)(3)
Income tax benefit (expense)— (1)— 
Net current period other comprehensive (loss) income(28)(3)(28)
Balance as of December 31, 2021$(431)$18 $(161)$(574)
Balance as of June 30, 2022$(448)$121 $(152)$(479)
Other comprehensive (loss) income before reclassifications(11)(2)— (13)
Amounts reclassified from Accumulated other comprehensive net (loss) income— (14)(11)
Income tax benefit (expense), and other— (1)
Net current period other comprehensive (loss) income(11)(14)(23)
Balance as of December 31, 2022$(459)$107 $(150)$(502)
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.