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STOCKHOLDERS' EQUITY (Tables) | 3 Months Ended
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Sep. 30, 2022
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, 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 noncontrolling 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 |
Balance as of June 30, 2022 | $ | 131 |  |  | 130,741 |  |  | $ | 1,202 |  |  | $ | 1,048 |  |  | $ | (1,346) |  |  | (7,589) |  |  | $ | (479) |  |  | $ | 173 |  |  | $ | 729 |
Net earnings | — |  |  | — |  |  | — |  |  | 85 |  |  | — |  |  | — |  |  | — |  |  | 2 |  |  | 87 |
Other comprehensive (loss) income | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (36) |  |  | — |  |  | (36) |
Dividends to Clorox stockholders ($2.36 per share declared) | — |  |  | — |  |  | — |  |  | (293) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (293) |
Dividends to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (5) |  |  | (5) |
Stock-based compensation | — |  |  | — |  |  | 10 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 10 |
Other employee stock plan activities | — |  |  | — |  |  | (19) |  |  | (8) |  |  | 31 |  |  | 204 |  |  | — |  |  | — |  |  | 4 |
Balance as of September 30, 2022 | $ | 131 |  |  | 130,741 |  |  | $ | 1,193 |  |  | $ | 832 |  |  | $ | (1,315) |  |  | (7,385) |  |  | $ | (515) |  |  | $ | 170 |  |  | $ | 496 |
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, 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) | (1) |  |  | — |  |  | (1) |  |  | (2) |
Net current period other comprehensive (loss) income | (23) |  |  | 1 |  |  | 1 |  |  | (21) |
Balance as of September 30, 2021 | $ | (426) |  |  | $ | 22 |  |  | $ | (163) |  |  | $ | (567) |
Balance as of June 30, 2022 | $ | (448) |  |  | $ | 121 |  |  | $ | (152) |  |  | $ | (479) |
Other comprehensive (loss) income before reclassifications | (29) |  |  | (2) |  |  | — |  |  | (31) |
Amounts reclassified from Accumulated other comprehensive net (loss) income | — |  |  | (8) |  |  | 1 |  |  | (7) |
Income tax benefit (expense), and other | — |  |  | 2 |  |  | — |  |  | 2 |
Net current period other comprehensive (loss) income | (29) |  |  | (8) |  |  | 1 |  |  | (36) |
Balance as of September 30, 2022 | $ | (477) |  |  | $ | 113 |  |  | $ | (151) |  |  | $ | (515) |

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