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SEGMENT REPORTING
12 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
The Company operates through strategic business units (SBUs) that are organized into the Company’s operating segments. Operating segments with shared economic and qualitative characteristics are aggregated into four reportable segments: Health and Wellness, Household, Lifestyle and International. Operating segments not aggregated into a reportable segment are reflected in Corporate and Other. The four reportable segments consist of the following:
Health and Wellness consists of cleaning, disinfecting, sanitizing and professional products marketed and sold in the United States.
Household consists of bags and wraps, cat litter and grilling products marketed and sold in the United States.
Lifestyle consists of food, water-filtration and natural personal care products marketed and sold in the United States.
International consists of products sold outside the United States. Products within this segment include laundry additives and home care products primarily marketed under the Clorox, Poett, Pine-Sol, Clorinda and Chux brands; bags and wraps under the Glad brand; cat litter primarily marketed under the Ever Clean and Fresh Step brands and water-filtration products marketed under the Brita brand.
Corporate and Other includes certain non-allocated administrative and other costs, various other non-operating income and expenses, as well as the results of the Better Health VMS business, through the date of divestiture. Assets in Corporate and Other include cash and cash equivalents, prepaid expenses and other current assets, property and equipment, operating lease right-of-use assets, other long-term assets and deferred taxes, as well as the assets related to the Better Health VMS business, through the date of divestiture.
The principal measure of segment profitability used by the Chief Operating Decision Maker (CODM), identified as the Company's Chair and Chief Executive Officer, is segment adjusted earnings (losses) before interest and income taxes (segment adjusted EBIT). Segment adjusted EBIT is defined as earnings (losses) before income taxes excluding interest income, interest expense and other significant items that are nonrecurring or unusual (such as the pension settlement charge, incremental costs and insurance recoveries relating to the August 2023 cyberattack, asset impairments, charges related to the streamlined operating model, charges related to the digital capabilities and productivity enhancements investment, significant losses/(gains) related to acquisitions / divestitures and other nonrecurring or unusual items impacting comparability).
The CODM uses this measure to assess the operating results and performance of its segments, monitor actual results as compared to plan, perform analytical comparisons, identify strategies to improve performance and allocate resources to each segment as it removes the impact of the items that management believes do not directly reflect the performance of each segment's underlying operations.
Net sales by segment and a reconciliation to the Company’s consolidated net sales for the fiscal years ended June 30:
Net Sales
Fiscal year
202620252024
Health and Wellness$2,697 $2,697 $2,485 
Household1,787 2,001 1,950 
Lifestyle1,123 1,303 1,275 
International1,113 1,065 1,162 
Reportable segment total6,720 7,066 6,872 
Corporate and Other— 38 221 
Total$6,720 $7,104 $7,093 
Segment adjusted EBIT, including the significant segment expense provided to the CODM, and a reconciliation to earnings (losses) before income taxes for the fiscal years ended June 30:
Segment adjusted earnings (losses) before interest and income taxes
Fiscal Year 2026
Health and WellnessHouseholdLifestyleInternationalTotal
Net sales$2,697 $1,787 $1,123 $1,113 
Cost of products sold1,390 1,208 584 708 
Other segment items (1)
629 387 331 292 
Segment adjusted EBIT$678 $192 $208 $113 $1,191 
Corporate and Other(161)
Interest income
Interest expense(130)
Acquisition and integration costs (2)
(58)
Digital capabilities and productivity enhancements investment (3)
(59)
Earnings (losses) before income taxes$791 
(1)Other segment items includes selling, general and administrative expenses, advertising costs, research and development costs and other income and expenses. The charges defined in segment adjusted EBIT above are excluded from other segment items and Corporate and Other.
(2)Represents expenses related to the Company's acquisition and integration of GOJO corresponding to Health and Wellness and Corporate and Other. As a result of this transaction, various acquisition and integration-related costs related to the acquisition and efforts to integrate the recently acquired business to the Company’s systems and processes were and will be incurred. These costs include inventory step-up charges representing expense recognition of fair value adjustments in excess of the historical cost basis of inventory obtained through the acquisition, as well as direct acquisition transaction costs and legal-entity, operational, manufacturing, and information technology integration costs.
(3)Represents expenses related to the Company's digital capabilities and productivity enhancements investment corresponding to Corporate and Other.
Segment adjusted earnings (losses) before interest and income taxes
Fiscal Year 2025
Health and WellnessHouseholdLifestyleInternationalTotal
Net sales$2,697 $2,001 $1,303 $1,065 
Cost of products sold1,273 1,277 648 668 
Other segment items (1)
584 399 365 287 
Segment adjusted EBIT$840 $325 $290 $110 $1,565 
Corporate and Other(249)
Interest income
Interest expense(88)
Loss on divestiture (2)
(118)
Cyberattack costs, net of insurance recoveries (3)
70 
Digital capabilities and productivity enhancements investment (4)
(111)
Earnings (losses) before income taxes$1,078 
(1)Other segment items includes selling, general and administrative expenses, advertising costs, research and development costs and other income and expenses. The charges defined in segment adjusted EBIT above are excluded from other segment items and Corporate and Other.
(2)Represents the loss on divestiture of the Better Health VMS business corresponding to Corporate and Other. See Note 3 for further discussion.
(3)Represents insurance recoveries related to the cyberattack corresponding to Corporate and Other. See Note 4 for further discussion.
(4)Represents expenses related to the Company's digital capabilities and productivity enhancements investment corresponding to Corporate and Other.

Segment adjusted earnings (losses) before interest and income taxes
Fiscal Year 2024
Health and WellnessHouseholdLifestyleInternationalTotal
Net sales$2,485 $1,950 $1,275 $1,162 
Cost of products sold1,211 1,276 644 743 
Other segment items (1)
555 414 378 297 
Segment adjusted EBIT$719 $260 $253 $122 $1,354 
Corporate and Other(309)
Interest income23 
Interest expense(90)
Loss on divestiture (2)
(240)
Pension settlement charge (3)
(171)
Cyberattack costs, net of insurance recoveries (4)
(29)
Streamlined operating model (5)
(32)
Digital capabilities and productivity enhancements investment (6)
(108)
Earnings (losses) before income taxes$398 
(1)Other segment items includes selling, general and administrative expenses, advertising costs, research and development costs and other income and expenses. The charges defined in segment adjusted EBIT above are excluded from other segment items and Corporate and Other.
(2)Represents the loss on divestiture of the Argentina business corresponding to International. See Note 3 for further discussion.
(3)Represents costs related to the settlement of the domestic qualified pension plan corresponding to Corporate and Other. See Note 21 for further discussion.
(4)Represents incremental costs, net of insurance recoveries related to the cyberattack. All insurance recoveries are recorded in Corporate and Other. See Note 4 for additional details relating to the cyberattack. For informational purposes, the following table provides the approximate cyberattack costs, net of insurance recoveries, corresponding to the Company’s segments as a percentage of total net costs:
2024
Health and Wellness30 %
Household24 
Lifestyle23 
International
Corporate and Other15 
Total100 %
(5)Represents restructuring and related implementation costs, net for the streamlined operating model. For informational purposes the following table provides the approximate restructuring and related implementation costs, net corresponding to the Company's segments as a percent of the total costs:
Inception to date ended
20242024
Health and Wellness%%
Household%%
Lifestyle— %%
International%11 %
Corporate and Other91 %80 %
Total100 %100 %
(6)Represents expenses related to the Company's digital capabilities and productivity enhancements investment corresponding to Corporate and Other.

Certain other segment disclosures were as follows:
Fiscal
Year
Health and WellnessHouseholdLifestyleInternational
Corporate and Other
Total
Company
(Income) Loss from equity investees included in Other (income) expense, net
2026— — — (3)— (3)
2025— — — (4)— (4)
2024— — — (5)— (5)
Total assets20263,615 1,072 1,128 1,316 663 7,794 
20251,217 1,091 1,103 1,329 821 5,561 
Capital expenditures202660 75 33 30 207 
202566 78 37 26 13 220 
202447 84 36 21 24 212 
Depreciation and amortization202679 85 27 43 13 247 
202558 81 25 42 13 219 
202458 77 24 45 31 235 
Significant noncash charges included in earnings (losses) before interest and income taxes:
Stock-based compensation202616 11 48 
202516 12 39 81 
202414 11 35 74 
All intersegment sales are eliminated and are not included in the Company’s reportable net sales.
Net sales to the Company’s largest customer, Walmart Stores, Inc. and its affiliates, were 26%, 27% and 25% of consolidated net sales for each of the fiscal years ended June 30, 2026, 2025 and 2024, respectively, and occurred across all of the
Company’s reportable segments. No other customers accounted for 10% or more of the Company’s consolidated net sales in any of these fiscal years.
The following table provides Net sales as a percentage of the Company’s consolidated net sales, disaggregated by operating segment, for the fiscal years ended June 30:
202620252024
Cleaning32 %33 %30 %
Professional Products (1)
%%%
Health and Wellness40 %38 %35 %
Bags and Wraps11 %11 %11 %
Cat Litter%%%
Grilling%%%
Household26 %28 %28 %
Food10 %11 %11 %
Water Filtration%%%
Natural Personal Care%%%
Lifestyle17 %18 %18 %
International17 %15 %16 %
Corporate and Other %1 %3 %
Total100 %100 %100 %
(1) Professional Products includes GOJO results after the acquisition date.The GOJO acquisition was completed in the fourth quarter of fiscal year 2026. Refer to Note 2 for details.
The Company’s products are marketed and sold globally. The following table provides the Company’s global product lines, which were sold in the U.S. and International, that accounted for 10% or more of consolidated net sales for the fiscal years ended June 30:
202620252024
Cleaning products44 %44 %43 %
Bags and wraps15 %15 %15 %
Food products11 %12 %11 %
Cat litter products10 %10 %10 %
Net sales and property, plant and equipment, net, by geographic area for and as of the fiscal years ended June 30 were as follows:
Fiscal
Year
United
States
ForeignTotal
Company
Net sales2026$5,629 $1,091 $6,720 
20256,080 1,024 7,104 
20245,956 1,137 7,093 
Property, plant and equipment, net20261,368 144 1,512 
20251,132 135 1,267