DISCONTINUED OPERATIONS (Tables)

3 Months Ended

Sep. 30, 2014

DISCONTINUED OPERATIONS

Summary of net sales and breakdown of losses from discontinued operations

	Three Months Ended
	9/30/2014			9/30/2013
Net sales for Clorox Venezuela	$	11		$	23
Operating losses from Clorox Venezuela		(6	)		(5	)
Exit and other costs related to Clorox Venezuela		(73	)		-
Losses from other discontinued operations		-			(1	)
Losses from discontinued operations before income taxes		(79	)		(6	)
Income tax benefit		24			3
Losses from discontinued operations, net of tax	$	(55	)	$	(3	)

Summary of operating losses, asset charges and other costs

	Three Months Ended
	9/30/2014
Operating losses from Clorox Venezuela	$	(6	)
Asset charges:
Inventories, net		(11	)
Property, plant and equipment, net		(16	)
Trademark and other intangible assets		(6	)
Other assets		(4	)
Other exit and business termination costs:
Severance		(3	)
Recognition of deferred foreign currency translation loss		(30	)
Other		(3	)
Losses from discontinued operations before income taxes	$	(79	)
Income tax benefit		24
Losses from discontinued operations, net of tax	$	(55	)

Schedule of major classes of the remaining assets and liabilities of the discontinued operations

	9/30/2014		6/30/2014
Cash and cash equivalents	$	-	$	5
Receivables, net		-		21
Inventories, net		-		11
Other current assets		1		2
Property, plant and equipment, net		-		16
Trademarks and other intangible assets, net		-		6
Other assets		-		9
Accounts payable and accrued liabilities		(3)		(11)
Net (liability) asset position	$	(2)	$	59