STOCKHOLDERS' EQUITY

3 Months Ended

Sep. 30, 2024

Equity [Abstract]

STOCKHOLDERS' EQUITY

STOCKHOLDERS’ EQUITY

Changes in the components of Stockholders’ equity were as follows for the periods indicated:

	Three months ended September 30
(Dollars in millions except per share data; shares in thousands)	Common stock			Additional paid-in capital		Retained earnings		Treasury stock			Accumulated other comprehensive net (loss) income		Noncontrolling interests		Total stockholders’ equity
	Amount		Shares					Amount		Shares
Balance as of June 30, 2023	$	131	130,741	$	1,245	$	583	$	(1,246)	(6,921)	$	(493)	$	168	$	388
Net earnings	—		—	—		22		—		—	—		3		25
Other comprehensive (loss) income	—		—	—		—		—		—	(1)		—		(1)
Dividends to Clorox stockholders ($2.40 per share declared)	—		—	—		(300)		—		—	—		—		(300)
Dividends to noncontrolling interests	—		—	—		—		—		—	—		(3)		(3)
Stock-based compensation	—		—	13		—		—		—	—		—		13
Other employee stock plan activities	—		—	(12)		(6)		27		181	—		—		9
Balance as of September 30, 2023	$	131	130,741	$	1,246	$	299	$	(1,219)	(6,740)	$	(494)	$	168	$	131
Balance as of June 30, 2024	$	131	130,741	$	1,288	$	250	$	(1,186)	(6,540)	$	(155)	$	164	$	492
Net earnings	—		—	—		99		—		—	—		4		103
Other comprehensive (loss) income	—		—	—		—		—		—	8		—		8
Dividends to Clorox stockholders ($2.44 per share declared)	—		—	—		(305)		—		—	—		—		(305)
Dividends to noncontrolling interests	—		—	—		—		—		—	—		(4)		(4)
Stock-based compensation	—		—	13		—		—		—	—		—		13
Other employee stock plan activities	—		—	(4)		(13)		41		261	—		—		24
Treasury stock purchased	—		—	—		—		(107)		(789)	—		—		(107)
Balance as of September 30, 2024	$	131	130,741	$	1,297	$	31	$	(1,252)	(7,068)	$	(147)	$	164	$	224

Changes in Accumulated other comprehensive net (loss) income attributable to Clorox by component were as follows for the periods indicated:

	Three months ended September 30
	Foreign currency translation adjustments		Net unrealized gains (losses) on derivatives		Pension and postretirement benefit adjustments		Accumulated other comprehensive net (loss) income
Balance as of June 30, 2023	$	(445)	$	99	$	(147)	$	(493)
Other comprehensive (loss) income before reclassifications	(11)		—		11		—
Amounts reclassified from Accumulated other comprehensive net (loss) income	—		(1)		3		2
Income tax benefit (expense)	—		—		(3)		(3)
Net current period other comprehensive (loss) income	(11)		(1)		11		(1)
Balance as of September 30, 2023	$	(456)	$	98	$	(136)	$	(494)
Balance as of June 30, 2024	$	(239)	$	85	$	(1)	$	(155)
Other comprehensive (loss) income before reclassifications	14		(4)		—		10
Amounts reclassified from Accumulated other comprehensive net (loss) income	—		(2)		—		(2)
Income tax benefit (expense), and other	—		—		—		—
Net current period other comprehensive (loss) income	14		(6)		—		8
Balance as of September 30, 2024	$	(225)	$	79	$	(1)	$	(147)