XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.25.0.1

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables) | 6 Months Ended
--- | ---
Dec. 31, 2024
FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS [Abstract] |
Schedule of Effects of Derivative Instruments Designated as Hedging Instruments on OCI | The effects of derivative instruments designated as hedging instruments on Other comprehensive (loss) income and Net earnings (losses) were as follows:
| Gains (losses) recognized in Other comprehensive (loss) income
| Three months ended |  | Six months ended
| 12/31/2024 |  | 12/31/2023 |  | 12/31/2024 |  | 12/31/2023
Commodity purchase derivative contracts | $ | — |  |  | $ | (4) |  |  | $ | (3) |  |  | $ | (5) |
Foreign exchange derivative contracts | 3 |  |  | (2) |  |  | 2 |  |  | (1) |
Total | $ | 3 |  |  | $ | (6) |  |  | $ | (1) |  |  | $ | (6) |
Schedule of Effects of Derivative Instruments Designated as Hedging Instruments on Net Earnings |
| Location of gains (losses) reclassified from Accumulated other comprehensive net (loss) income into Net earnings | Gains (losses) reclassified from Accumulated other comprehensive net (loss) income and recognized in Net earnings
|  | Three months ended |  | Six months ended
|  | 12/31/2024 |  | 12/31/2023 |  | 12/31/2024 |  | 12/31/2023
Commodity purchase derivative contracts | Cost of products sold | $ | (2) |  |  | $ | — |  |  | $ | (3) |  |  | $ | (2) |
Interest rate derivative contracts | Interest expense | 3 |  |  | 3 |  |  | 6 |  |  | 6 |
Total |  | $ | 1 |  |  | $ | 3 |  |  | $ | 3 |  |  | $ | 4 |
Schedule of Assets and Liabilities for Fair Value of Derivative Instruments and Fair Value Disclosure | The following table provides information about the balance sheet classification and the fair values of the Company’s derivative instruments:
|  |  |  |  | 12/31/2024 |  | 6/30/2024
| Balance sheet classification |  | Fair value hierarchy level |  | Carrying Amount |  | Estimated Fair Value |  | Carrying Amount |  | Estimated Fair Value
Assets |  |  |  |  |  |  |  |  |  |  |
Commodity purchase swaps contracts | Prepaid expenses and other current assets |  | 2 |  | $ | — |  |  | $ | — |  |  | $ | 1 |  |  | $ | 1 |
Foreign exchange forward contracts | Prepaid expenses and other current assets |  | 2 |  | 2 |  |  | 2 |  |  | — |  |  | — |
|  |  |  |  | $ | 2 |  |  | $ | 2 |  |  | $ | 1 |  |  | $ | 1 |
Liabilities |  |  |  |  |  |  |  |  |  |  |
Commodity purchase futures contracts | Accounts payable and accrued liabilities |  | 1 |  | $ | 2 |  |  | $ | 2 |  |  | $ | 2 |  |  | $ | 2 |
Commodity purchase swaps contracts | Accounts payable and accrued liabilities |  | 2 |  | 1 |  |  | 1 |  |  | — |  |  | — |
|  |  |  |  | $ | 3 |  |  | $ | 3 |  |  | $ | 2 |  |  | $ | 2 |
The following table provides information about the balance sheet classification and the fair values of the Company’s other assets and liabilities for which disclosure of fair value is required:
|  |  |  |  | 12/31/2024 |  | 6/30/2024
| Balance sheet classification |  | Fair value hierarchy level |  | Carrying Amount |  | Estimated Fair Value |  | Carrying Amount |  | Estimated Fair Value
Assets |  |  |  |  |  |  |  |  |  |  |
Interest-bearing investments, including money market funds | Cash and cash equivalents (1) |  | 1 |  | $ | 158 |  |  | $ | 158 |  |  | $ | 95 |  |  | $ | 95 |
Time deposits | Cash and cash equivalents (1) |  | 2 |  | 8 |  |  | 8 |  |  | 9 |  |  | 9 |
Trust assets for nonqualified deferred compensation plans | Other assets |  | 1 |  | 170 |  |  | 170 |  |  | 154 |  |  | 154 |
|  |  |  |  | $ | 336 |  |  | $ | 336 |  |  | $ | 258 |  |  | $ | 258 |
Liabilities |  |  |  |  |  |  |  |  |  |  |
Notes and loans payable | Notes and loans payable (2) |  | 2 |  | $ | 189 |  |  | $ | 189 |  |  | $ | 4 |  |  | $ | 4 |
Long-term debt | Long-term debt (3) |  | 2 |  | 2,483 |  |  | 2,373 |  |  | 2,481 |  |  | 2,341 |
|  |  |  |  | $ | 2,672 |  |  | $ | 2,562 |  |  | $ | 2,485 |  |  | $ | 2,345 |
(1)Cash and cash equivalents are composed of time deposits and other interest-bearing investments, including money market funds with original maturity dates of 90 days or less. Cash and cash equivalents are recorded at cost, which approximates fair value. (2)Notes and loans payable are composed of outstanding U.S. commercial paper balances and/or amounts drawn on the Company’s credit agreements, all of which are recorded at cost, which approximates fair value. The weighted average effective interest rate on Notes and loan payable balances as of December 31, 2024 and June 30, 2024 were 4.67% and 5.60%, respectively. (3)Long-term debt is recorded at cost. The fair value of Long-term debt was determined using secondary market prices quoted by corporate bond dealers, and is classified as Level 2.

X
- Definition Financial Instruments and Fair Value Measurements [Abstract] + References No definition available. + Details
Name: | clx_FinancialInstrumentsAndFairValueMeasurementsAbstract
Namespace Prefix: | clx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of gain (loss) on derivative and nonderivative instruments designated and qualifying as cash flow hedge recorded in accumulated other comprehensive income (AOCI) and reclassified into earnings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C + Details
Name: | us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of derivative instruments (including nonderivative instruments that are designated and qualify as hedging instruments) of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
Name: | us-gaap_ScheduleOfDerivativesInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration