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UNAUDITED QUARTERLY DATA (Tables) | 12 Months Ended
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Jun. 30, 2019
Quarterly Financial Data [Abstract] |
Unaudited Quarterly Data |
Dollars in millions, except per share data | Quarters Ended |  |
| September 30 |  | December 31 |  | March 31 |  | June 30 |  | Full Year
Fiscal year ended June 30, 2019 |  |  |  |  |  |  |  |  |
Net sales | $ | 1,563 |  |  | $ | 1,473 |  |  | $ | 1,551 |  |  | $ | 1,627 |  |  | $ | 6,214 |
Cost of products sold | $ | 885 |  |  | $ | 830 |  |  | $ | 878 |  |  | $ | 893 |  |  | $ | 3,486 |
Earnings from continuing operations | $ | 210 |  |  | $ | 182 |  |  | $ | 187 |  |  | $ | 241 |  |  | $ | 820 |
Earnings (losses) from discontinued operations, net of tax | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net earnings | $ | 210 |  |  | $ | 182 |  |  | $ | 187 |  |  | $ | 241 |  |  | $ | 820 |
Net earnings (losses) per share: |  |  |  |  |  |  |  |  |
Basic |  |  |  |  |  |  |  |  |
Continuing operations | $ | 1.65 |  |  | $ | 1.42 |  |  | $ | 1.46 |  |  | $ | 1.91 |  |  | $ | 6.42 |
Discontinued operations | — |  |  | — |  |  | — |  |  | — |  |  | — |
Basic net earnings per share | $ | 1.65 |  |  | $ | 1.42 |  |  | $ | 1.46 |  |  | $ | 1.91 |  |  | $ | 6.42 |
Diluted |  |  |  |  |  |  |  |  |
Continuing operations | $ | 1.62 |  |  | $ | 1.40 |  |  | $ | 1.44 |  |  | $ | 1.88 |  |  | $ | 6.32 |
Discontinued operations | — |  |  | — |  |  | — |  |  | — |  |  | — |
Diluted net earnings per share | $ | 1.62 |  |  | $ | 1.40 |  |  | $ | 1.44 |  |  | $ | 1.88 |  |  | $ | 6.32 |
Dividends declared per share | $ | 0.96 |  |  | $ | 0.96 |  |  | $ | 0.96 |  |  | $ | 1.06 |  |  | $ | 3.94 |
Fiscal year ended June 30, 2018 |  |  |  |  |  |  |  |  |
Net sales | $ | 1,500 |  |  | $ | 1,416 |  |  | $ | 1,517 |  |  | $ | 1,691 |  |  | $ | 6,124 |
Cost of products sold | $ | 827 |  |  | $ | 807 |  |  | $ | 868 |  |  | $ | 947 |  |  | $ | 3,449 |
Earnings from continuing operations | $ | 192 |  |  | $ | 233 |  |  | $ | 181 |  |  | $ | 217 |  |  | $ | 823 |
Earnings (losses) from discontinued operations, net of tax | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net earnings | $ | 192 |  |  | $ | 233 |  |  | $ | 181 |  |  | $ | 217 |  |  | $ | 823 |
Net earnings (losses) per share: |  |  |  |  |  |  |  |  |
Basic |  |  |  |  |  |  |  |  |
Continuing operations | $ | 1.49 |  |  | $ | 1.81 |  |  | $ | 1.39 |  |  | $ | 1.69 |  |  | $ | 6.37 |
Discontinued operations | — |  |  | — |  |  | — |  |  | — |  |  | — |
Basic net earnings per share | $ | 1.49 |  |  | $ | 1.81 |  |  | $ | 1.39 |  |  | $ | 1.69 |  |  | $ | 6.37 |
Diluted |  |  |  |  |  |  |  |  |
Continuing operations | $ | 1.46 |  |  | $ | 1.77 |  |  | $ | 1.37 |  |  | $ | 1.66 |  |  | $ | 6.26 |
Discontinued operations | — |  |  | — |  |  | — |  |  | — |  |  | — |
Diluted net earnings per share | $ | 1.46 |  |  | $ | 1.77 |  |  | $ | 1.37 |  |  | $ | 1.66 |  |  | $ | 6.26 |
Dividends declared per share | $ | 0.84 |  |  | $ | 0.84 |  |  | $ | 0.96 |  |  | $ | 0.96 |  |  | $ | 3.60 |
FIVE-YEAR FINANCIAL SUMMARY The Clorox Company
| Years ended June 30
Dollars in millions, except per share data | 2019 |  | 2018 |  | 2017 |  | 2016 |  | 2015
OPERATIONS |  |  |  |  |  |  |  |  |
Net sales | $ | 6,214 |  |  | $ | 6,124 |  |  | $ | 5,973 |  |  | $ | 5,761 |  |  | $ | 5,655 |
Gross profit | 2,728 |  |  | $ | 2,675 |  |  | $ | 2,671 |  |  | $ | 2,598 |  |  | $ | 2,465 |
Earnings from continuing operations | $ | 820 |  |  | $ | 823 |  |  | $ | 703 |  |  | $ | 648 |  |  | $ | 606 |
(Losses) earnings from discontinued operations, net of tax | — |  |  | — |  |  | (2 | ) |  | — |  |  | (26 | )
Net earnings | $ | 820 |  |  | $ | 823 |  |  | $ | 701 |  |  | $ | 648 |  |  | $ | 580 |
COMMON STOCK |  |  |  |  |  |  |  |  |
Earnings per share |  |  |  |  |  |  |  |  |
Continuing operations |  |  |  |  |  |  |  |  |
Basic | $ | 6.42 |  |  | $ | 6.37 |  |  | $ | 5.45 |  |  | $ | 5.01 |  |  | $ | 4.65 |
Diluted | 6.32 |  |  | 6.26 |  |  | 5.35 |  |  | 4.92 |  |  | 4.57 |
Dividends declared per share | 3.94 |  |  | 3.60 |  |  | 3.24 |  |  | 3.11 |  |  | 2.99 |
| As of June 30
Dollars in millions | 2019 |  | 2018 |  | 2017 |  | 2016 |  | 2015
OTHER DATA |  |  |  |  |  |  |  |  |
Total assets (1) | $ | 5,116 |  |  | $ | 5,060 |  |  | $ | 4,573 |  |  | $ | 4,510 |  |  | $ | 4,154 |
Long-term debt (1) | 2,287 |  |  | 2,284 |  |  | 1,391 |  |  | 1,789 |  |  | 1,786 |
(1) Amounts for the fiscal years ended June 30, 2016 and 2015 have been retrospectively adjusted to conform to the presentation of debt issuance costs required by ASU No. 2015-03, “Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.”

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109225645&loc=d3e1280-108306 + Details
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