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STOCKHOLDERS' EQUITY | 6 Months Ended
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Dec. 31, 2022
Equity [Abstract] |
STOCKHOLDERS' EQUITY | STOCKHOLDERS’ EQUITY Changes in the components of Stockholders’ equity were as follows for the periods indicated:
| Three Months Ended December 31
(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 September 30, 2021 | $ | 131 |  |  | 130,741 |  |  | $ | 1,166 |  |  | $ | 1,027 |  |  | $ | (1,389) |  |  | (7,885) |  |  | $ | (567) |  |  | $ | 179 |  |  | $ | 547 |
Net earnings | — |  |  | — |  |  | — |  |  | 69 |  |  | — |  |  | — |  |  | — |  |  | 3 |  |  | 72 |
Other comprehensive (loss) income | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (7) |  |  | — |  |  | (7) |
Dividends to Clorox stockholders ($1.16 per share declared) | — |  |  | — |  |  | — |  |  | (144) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (144) |
Dividends to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (4) |  |  | (4) |
Stock-based compensation | — |  |  | — |  |  | 16 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 16 |
Other employee stock plan activities | — |  |  | — |  |  | (2) |  |  | (3) |  |  | 16 |  |  | 108 |  |  | — |  |  | — |  |  | 11 |
Balance as of December 31, 2021 | $ | 131 |  |  | 130,741 |  |  | $ | 1,180 |  |  | $ | 949 |  |  | $ | (1,373) |  |  | (7,777) |  |  | $ | (574) |  |  | $ | 178 |  |  | $ | 491 |
Balance as of September 30, 2022 | $ | 131 |  |  | 130,741 |  |  | $ | 1,193 |  |  | $ | 832 |  |  | $ | (1,315) |  |  | (7,385) |  |  | $ | (515) |  |  | $ | 170 |  |  | $ | 496 |
Net earnings | — |  |  | — |  |  | — |  |  | 99 |  |  | — |  |  | — |  |  | — |  |  | 3 |  |  | 102 |
Other comprehensive (loss) income | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 13 |  |  | — |  |  | 13 |
Dividends to Clorox stockholders ($1.18 per share declared) | — |  |  | — |  |  | — |  |  | (147) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (147) |
Dividends to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (3) |  |  | (3) |
Stock-based compensation | — |  |  | — |  |  | 21 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 21 |
Other employee stock plan activities | — |  |  | — |  |  | (7) |  |  | (2) |  |  | 18 |  |  | 122 |  |  | — |  |  | — |  |  | 9 |
Balance as of December 31, 2022 | $ | 131 |  |  | 130,741 |  |  | $ | 1,207 |  |  | $ | 782 |  |  | $ | (1,297) |  |  | (7,263) |  |  | $ | (502) |  |  | $ | 170 |  |  | $ | 491 |
| Six Months Ended December 31
(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 | — |  |  | — |  |  | — |  |  | 211 |  |  | — |  |  | — |  |  | — |  |  | 4 |  |  | 215 |
Other comprehensive (loss) income | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (28) |  |  | — |  |  | (28) |
Dividends to Clorox stockholders ($2.32 per share declared) | — |  |  | — |  |  | — |  |  | (287) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (287) |
Dividends to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (7) |  |  | (7) |
Stock-based compensation | — |  |  | — |  |  | 25 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 25 |
Other employee stock plan activities | — |  |  | — |  |  | (31) |  |  | (11) |  |  | 48 |  |  | 336 |  |  | — |  |  | — |  |  | 6 |
Treasury stock purchased | — |  |  | — |  |  | — |  |  | — |  |  | (25) |  |  | (152) |  |  | — |  |  | — |  |  | (25) |
Balance as of December 30, 2021 | $ | 131 |  |  | 130,741 |  |  | $ | 1,180 |  |  | $ | 949 |  |  | $ | (1,373) |  |  | (7,777) |  |  | $ | (574) |  |  | $ | 178 |  |  | $ | 491 |
Balance as of June 30, 2022 | $ | 131 |  |  | 130,741 |  |  | $ | 1,202 |  |  | $ | 1,048 |  |  | $ | (1,346) |  |  | (7,589) |  |  | $ | (479) |  |  | $ | 173 |  |  | $ | 729 |
Net earnings | — |  |  | — |  |  | — |  |  | 184 |  |  | — |  |  | — |  |  | — |  |  | 5 |  |  | 189 |
Other comprehensive (loss) income | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (23) |  |  | — |  |  | (23) |
Dividends to Clorox stockholders ($3.54 per share declared) | — |  |  | — |  |  | — |  |  | (440) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (440) |
Dividends to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (8) |  |  | (8) |
Stock-based compensation | — |  |  | — |  |  | 31 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 31 |
Other employee stock plan activities | — |  |  | — |  |  | (26) |  |  | (10) |  |  | 49 |  |  | 326 |  |  | — |  |  | — |  |  | 13 |
Balance as of December 31, 2022 | $ | 131 |  |  | 130,741 |  |  | $ | 1,207 |  |  | $ | 782 |  |  | $ | (1,297) |  |  | (7,263) |  |  | $ | (502) |  |  | $ | 170 |  |  | $ | 491 |
Changes in Accumulated other comprehensive net (loss) income attributable to Clorox by component were as follows for the periods indicated:
| Three Months Ended December 31
| Foreign currency translation adjustments |  | Net unrealized gains (losses) on derivatives |  | Pension and postretirement benefit adjustments |  | Accumulated other comprehensive net (loss) income
Balance as of September 30, 2021 | $ | (426) |  |  | $ | 22 |  |  | $ | (163) |  |  | $ | (567) |
Other comprehensive (loss) income before reclassifications | (5) |  |  | (1) |  |  | — |  |  | (6) |
Amounts reclassified from Accumulated other comprehensive net (loss) income | — |  |  | (4) |  |  | 2 |  |  | (2) |
Income tax benefit (expense) | — |  |  | 1 |  |  | — |  |  | 1 |
Net current period other comprehensive (loss) income | (5) |  |  | (4) |  |  | 2 |  |  | (7) |
Balance as of December 31, 2021 | $ | (431) |  |  | $ | 18 |  |  | $ | (161) |  |  | $ | (574) |
Balance as of September 30, 2022 | $ | (477) |  |  | $ | 113 |  |  | $ | (151) |  |  | $ | (515) |
Other comprehensive (loss) income before reclassifications | 18 |  |  | — |  |  | — |  |  | 18 |
Amounts reclassified from Accumulated other comprehensive net (loss) income | — |  |  | (6) |  |  | 2 |  |  | (4) |
Income tax benefit (expense), and other | — |  |  | — |  |  | (1) |  |  | (1) |
Net current period other comprehensive (loss) income | 18 |  |  | (6) |  |  | 1 |  |  | 13 |
Balance as of December 31, 2022 | $ | (459) |  |  | $ | 107 |  |  | $ | (150) |  |  | $ | (502) |
| Six Months Ended December 31
| 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 | (28) |  |  | 3 |  |  | — |  |  | (25) |
Amounts reclassified from Accumulated other comprehensive net (loss) income | — |  |  | (7) |  |  | 4 |  |  | (3) |
Income tax benefit (expense) | — |  |  | 1 |  |  | (1) |  |  | — |
Net current period other comprehensive (loss) income | (28) |  |  | (3) |  |  | 3 |  |  | (28) |
Balance as of December 31, 2021 | $ | (431) |  |  | $ | 18 |  |  | $ | (161) |  |  | $ | (574) |
Balance as of June 30, 2022 | $ | (448) |  |  | $ | 121 |  |  | $ | (152) |  |  | $ | (479) |
Other comprehensive (loss) income before reclassifications | (11) |  |  | (2) |  |  | — |  |  | (13) |
Amounts reclassified from Accumulated other comprehensive net (loss) income | — |  |  | (14) |  |  | 3 |  |  | (11) |
Income tax benefit (expense), and other | — |  |  | 2 |  |  | (1) |  |  | 1 |
Net current period other comprehensive (loss) income | (11) |  |  | (14) |  |  | 2 |  |  | (23) |
Balance as of December 31, 2022 | $ | (459) |  |  | $ | 107 |  |  | $ | (150) |  |  | $ | (502) |
Included in foreign currency translation adjustments are remeasurement losses on long-term intercompany loans where settlement is not planned or anticipated in the foreseeable future. There were no amounts associated with these loans reclassified from Accumulated other comprehensive net (loss) income for the periods presented.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI https://asc.fasb.org/topic&trid=2208762 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (g) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (h) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 16 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496180-112644 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (i) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 40 -Section 50 -Paragraph 6 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126731327&loc=SL126733271-114008 + Details
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