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STOCKHOLDERS' EQUITY (Tables) | 3 Months Ended
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Sep. 30, 2021
Equity [Abstract] |
Schedule of 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 |  | Non-controlling interests |  | Total Stockholders’ Equity
Amount |  | Shares |  |  |  | Amount |  | Shares |  |  |
Balance as of June 30, 2020 | $ | 159 |  |  | 158,741 |  |  | $ | 1,137 |  |  | $ | 3,567 |  |  | $ | (3,315) |  |  | (32,543) |  |  | $ | (640) |  |  | $ | — |  |  | $ | 908 |
Net earnings | — |  |  | — |  |  | — |  |  | 415 |  |  | — |  |  | — |  |  | — |  |  | 2 |  |  | 417 |
Other comprehensive (loss) income | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 17 |  |  | — |  |  | 17 |
Dividends to Clorox stockholders ($1.11 per share declared) | — |  |  | — |  |  | — |  |  | (141) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (141) |
Dividends to non-controlling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (4) |  |  | (4) |
Business combinations including purchase accounting adjustments | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 198 |  |  | 198 |
Stock-based compensation | — |  |  | — |  |  | 13 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 13 |
Other employee stock plan activities | — |  |  | — |  |  | (4) |  |  | (1) |  |  | 8 |  |  | 283 |  |  | — |  |  | — |  |  | 3 |
Treasury stock purchased | — |  |  | — |  |  | — |  |  | — |  |  | (100) |  |  | (444) |  |  | — |  |  | — |  |  | (100) |
Balance as of September 30, 2020 | $ | 159 |  |  | 158,741 |  |  | $ | 1,146 |  |  | $ | 3,840 |  |  | $ | (3,407) |  |  | (32,704) |  |  | $ | (623) |  |  | $ | 196 |  |  | $ | 1,311 |
Balance as of June 30, 2021 | $ | 131 |  |  | 130,741 |  |  | $ | 1,186 |  |  | $ | 1,036 |  |  | $ | (1,396) |  |  | (7,961) |  |  | $ | (546) |  |  | $ | 181 |  |  | $ | 592 |
Net earnings | — |  |  | — |  |  | — |  |  | 142 |  |  | — |  |  | — |  |  | — |  |  | 1 |  |  | 143 |
Other comprehensive (loss) income | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (21) |  |  | — |  |  | (21) |
Dividends to Clorox stockholders ($1.16 per share declared) | — |  |  | — |  |  | — |  |  | (143) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (143) |
Dividends to non-controlling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (3) |  |  | (3) |
Stock-based compensation | — |  |  | — |  |  | 9 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 9 |
Other employee stock plan activities | — |  |  | — |  |  | (29) |  |  | (8) |  |  | 32 |  |  | 228 |  |  | — |  |  | — |  |  | (5) |
Treasury stock purchased | — |  |  | — |  |  | — |  |  | — |  |  | (25) |  |  | (152) |  |  | — |  |  | — |  |  | (25) |
Balance as of September 30, 2021 | $ | 131 |  |  | 130,741 |  |  | $ | 1,166 |  |  | $ | 1,027 |  |  | $ | (1,389) |  |  | (7,885) |  |  | $ | (567) |  |  | $ | 179 |  |  | $ | 547 |
Schedule of Changes in Accumulated Other Comprehensive Net (Losses) Income | 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, 2020 | $ | (450) |  |  | $ | (18) |  |  | $ | (172) |  |  | $ | (640) |
Other comprehensive (loss) income before reclassifications | 9 |  |  | 3 |  |  | — |  |  | 12 |
Amounts reclassified from Accumulated other comprehensive net (loss) income | — |  |  | 3 |  |  | 2 |  |  | 5 |
Income tax benefit (expense) | 1 |  |  | (1) |  |  | — |  |  | — |
Net current period other comprehensive (loss) income | 10 |  |  | 5 |  |  | 2 |  |  | 17 |
Balance as of September 30, 2020 | $ | (440) |  |  | $ | (13) |  |  | $ | (170) |  |  | $ | (623) |
Balance as of June 30, 2021 | $ | (403) |  |  | $ | 21 |  |  | $ | (164) |  |  | $ | (546) |
Other comprehensive (loss) income before reclassifications | (22) |  |  | 4 |  |  | — |  |  | (18) |
Amounts reclassified from Accumulated other comprehensive net (loss) income | — |  |  | (3) |  |  | 2 |  |  | (1) |
Income tax benefit (expense), and other | (1) |  |  | — |  |  | (1) |  |  | (2) |
Net current period other comprehensive (loss) income | (23) |  |  | 1 |  |  | 1 |  |  | (21) |
Balance as of September 30, 2021 | $ | (426) |  |  | $ | 22 |  |  | $ | (163) |  |  | $ | (567) |

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