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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Operating activities:      
Net earnings $ 161 $ 471 $ 719
Adjustments to reconcile net earnings to net cash provided by operations:      
Depreciation and amortization 236 224 211
Stock-based compensation 73 52 50
Deferred income taxes (149) 5 (32)
Goodwill, trademark and other asset impairments 445 0 329
Settlement of interest rate derivative contracts 0 114 0
Other 38 19 10
Changes in:      
Receivables, net (13) (84) 82
Inventories, net 58 (18) (282)
Prepaid expenses and other current assets (1) 16 (30)
Accounts payable and accrued liabilities 157 (47) 311
Operating lease right-of-use assets and liabilities, net 1 (1) (2)
Income taxes payable/prepaid 152 35 (90)
Net cash provided by operations 1,158 786 1,276
Investing activities:      
Capital expenditures (228) (251) (331)
Businesses acquired, net of cash acquired 0 0 (85)
Other 5 22 (36)
Net cash used for investing activities (223) (229) (452)
Financing activities:      
Notes and loans payable, net (188) 237 0
Long-term debt repayments 0 (1,405) 0
Long-term debt borrowings, net of issuance costs paid 0 1,085 0
Treasury stock purchased 0 (25) (905)
Cash dividends paid to Clorox stockholders (583) (571) (558)
Cash dividends paid to noncontrolling interests (15) (15) (31)
Issuance of common stock for employee stock plans and other 33 5 103
Net cash used for financing activities (753) (689) (1,391)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 0 (6) 12
Net increase (decrease) in cash, cash equivalents and restricted cash 182 (138) (555)
Cash, cash equivalents and restricted cash:      
Beginning of year 186 324 879
End of year 368 186 324
Supplemental cash flow information:      
Interest paid 99 89 89
Income taxes paid, net of refunds 73 100 303
Noncash financing activities:      
Cash dividends declared and accrued, but not paid $ 16 $ 14 $ 156