XML 22 R5.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating activities:    
Net earnings $ 143 $ 417
Adjustments to reconcile net earnings to net cash provided by operations:    
Depreciation and amortization 55 51
Stock-based compensation 9 13
Deferred income taxes 2 20
Other 8 (71)
Changes in:    
Receivables, net (53) (8)
Inventories, net (37) (70)
Prepaid expenses and other current assets (14) (18)
Accounts payable and accrued liabilities (96) 20
Operating lease right-of-use assets and liabilities, net 0 (1)
Income taxes payable / prepaid 24 30
Net cash provided by operations 41 383
Investing activities:    
Capital expenditures (52) (69)
Businesses acquired, net of cash acquired 0 (85)
Other (4) 3
Net cash used for investing activities (56) (151)
Financing activities:    
Notes and loans payable, net 86 0
Treasury stock purchased (25) (100)
Cash dividends paid to Clorox stockholders (142) (140)
Issuance of common stock for employee stock plans and other (11) (7)
Net cash used for financing activities (92) (247)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (3) 3
Net increase (decrease) in cash, cash equivalents, and restricted cash (110) (12)
Cash, cash equivalents, and restricted cash:    
Beginning of period 324 879
End of period $ 214 $ 867