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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Jun. 30, 2022
Current assets    
Cash and cash equivalents $ 367 $ 183
Receivables, net 688 681
Inventories, net 696 755
Prepaid expenses and other current assets 77 106
Total current assets 1,828 1,725
Property, plant and equipment, net 1,345 1,334
Operating lease right-of-use assets 346 342
Goodwill 1,252 1,558
Trademarks, net 543 687
Other intangible assets, net 169 197
Other assets 462 315
Total assets 5,945 6,158
Current liabilities    
Notes and loans payable 50 237
Current operating lease liabilities 87 78
Accounts payable and accrued liabilities 1,659 1,469
Income taxes payable 121 0
Total current liabilities 1,917 1,784
Long-term debt 2,477 2,474
Long-term operating lease liabilities 310 314
Other liabilities 825 791
Deferred income taxes 28 66
Total liabilities 5,557 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 June 30, 2023 and 2022; and 123,820,022 and 123,152,132 shares outstanding as of June 30, 2023 and 2022, respectively 131 131
Additional paid-in capital 1,245 1,202
Retained earnings 583 1,048
Treasury stock, at cost: 6,921,439 and 7,589,329 shares as of June 30, 2023 and 2022, respectively (1,246) (1,346)
Accumulated other comprehensive net (loss) income (493) (479)
Total Clorox stockholders’ equity 220 556
Noncontrolling interests 168 173
Total stockholders’ equity 388 729
Total liabilities and stockholders’ equity $ 5,945 $ 6,158