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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Jun. 30, 2024
Current assets    
Cash and cash equivalents $ 290 $ 202
Receivables, net 603 695
Inventories, net 592 637
Prepaid expenses and other current assets 147 88
Total current assets 1,632 1,622
Property, plant and equipment, net of accumulated depreciation and amortization of $2,831 and $2,821, respectively 1,242 1,315
Operating lease right-of-use assets 362 360
Goodwill 1,219 1,228
Trademarks, net 501 538
Other intangible assets, net 73 143
Other assets 548 545
Total assets 5,577 5,751
Current liabilities    
Notes and loans payable 189 4
Current operating lease liabilities 81 84
Accounts payable and accrued liabilities 1,460 1,486
Total current liabilities 1,730 1,574
Long-term debt 2,483 2,481
Long-term operating lease liabilities 339 334
Other liabilities 882 848
Deferred income taxes 22 22
Total liabilities 5,456 5,259
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 December 31, 2024 and June 30, 2024; and 123,150,847 and 124,201,807 shares outstanding as of December 31, 2024 and June 30, 2024, respectively 131 131
Additional paid-in capital 1,287 1,288
Retained earnings 68 250
Treasury stock, at cost: 7,590,614 and 6,539,654 shares as of December 31, 2024 and June 30, 2024, respectively (1,346) (1,186)
Accumulated other comprehensive net (loss) income (181) (155)
Total Clorox stockholders’ (deficit) equity (41) 328
Noncontrolling interests 162 164
Total stockholders’ equity 121 492
Total liabilities and stockholders’ equity $ 5,577 $ 5,751