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STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

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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Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
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-Name Accounting Standards Codification
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-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900

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Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
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