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STOCKHOLDERS' EQUITY (Tables) | 9 Months Ended
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Mar. 31, 2025
Equity [Abstract] |
Schedule of Changes in Components of Stockholders’ Equity | Changes in the components of Stockholders’ equity were as follows for the periods indicated:
| Three months ended March 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 |  | Noncontrolling interests |  | Total stockholders’ equity
Amount |  | Shares |  |  |  | Amount |  | Shares |  |  |
Balance as of December 31, 2023 | $ | 131 |  |  | 130,741 |  |  | $ | 1,245 |  |  | $ | 241 |  |  | $ | (1,205) |  |  | (6,661) |  |  | $ | (359) |  |  | $ | 165 |  |  | $ | 218 |
Net earnings (losses) | — |  |  | — |  |  | — |  |  | (51) |  |  | — |  |  | — |  |  | — |  |  | 1 |  |  | (50) |
Other comprehensive (loss) income | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 204 |  |  | — |  |  | 204 |
Dividends to Clorox stockholders ($1.20 per share declared) | — |  |  | — |  |  | — |  |  | (150) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (150) |
Dividends to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (2) |  |  | (2) |
Stock-based compensation | — |  |  | — |  |  | 26 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 26 |
Other employee stock plan activities | — |  |  | — |  |  | (1) |  |  | (6) |  |  | 16 |  |  | 106 |  |  | — |  |  | — |  |  | 9 |
Balance as of March 31, 2024 | $ | 131 |  |  | 130,741 |  |  | $ | 1,270 |  |  | $ | 34 |  |  | $ | (1,189) |  |  | (6,555) |  |  | $ | (155) |  |  | $ | 164 |  |  | $ | 255 |
Balance as of December 31, 2024 | $ | 131 |  |  | 130,741 |  |  | $ | 1,287 |  |  | $ | 68 |  |  | $ | (1,346) |  |  | (7,591) |  |  | $ | (181) |  |  | $ | 162 |  |  | $ | 121 |
Net earnings | — |  |  | — |  |  | — |  |  | 186 |  |  | — |  |  | — |  |  | — |  |  | 5 |  |  | 191 |
Other comprehensive (loss) income | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 5 |  |  | — |  |  | 5 |
Dividends to Clorox stockholders ($1.22 per share declared) | — |  |  | — |  |  | — |  |  | (152) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (152) |
Dividends to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (4) |  |  | (4) |
Stock-based compensation | — |  |  | — |  |  | 24 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 24 |
Other employee stock plan activities | — |  |  | — |  |  | (7) |  |  | (3) |  |  | 15 |  |  | 101 |  |  | — |  |  | — |  |  | 5 |
Treasury stock purchased | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Balance as of March 31, 2025 | $ | 131 |  |  | 130,741 |  |  | $ | 1,304 |  |  | $ | 99 |  |  | $ | (1,331) |  |  | (7,490) |  |  | $ | (176) |  |  | $ | 163 |  |  | $ | 190 |
| Nine months ended March 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 |  | Noncontrolling interests |  | Total stockholders’ equity
Amount |  | Shares |  |  |  | Amount |  | Shares |  |  |
Balance as of June 30, 2023 | $ | 131 |  |  | 130,741 |  |  | $ | 1,245 |  |  | $ | 583 |  |  | $ | (1,246) |  |  | (6,921) |  |  | $ | (493) |  |  | $ | 168 |  |  | $ | 388 |
Net earnings | — |  |  | — |  |  | — |  |  | 64 |  |  | — |  |  | — |  |  | — |  |  | 7 |  |  | 71 |
Other comprehensive (loss) income | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 338 |  |  | — |  |  | 338 |
Dividends to Clorox stockholders ($4.80 per share declared) | — |  |  | — |  |  | — |  |  | (600) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (600) |
Dividends to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (11) |  |  | (11) |
Stock-based compensation | — |  |  | — |  |  | 55 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 55 |
Other employee stock plan activities | — |  |  | — |  |  | (30) |  |  | (13) |  |  | 57 |  |  | 366 |  |  | — |  |  | — |  |  | 14 |
Balance as of March 31, 2024 | $ | 131 |  |  | 130,741 |  |  | $ | 1,270 |  |  | $ | 34 |  |  | $ | (1,189) |  |  | (6,555) |  |  | $ | (155) |  |  | $ | 164 |  |  | $ | 255 |
Balance as of June 30, 2024 | $ | 131 |  |  | 130,741 |  |  | $ | 1,288 |  |  | $ | 250 |  |  | $ | (1,186) |  |  | (6,540) |  |  | $ | (155) |  |  | $ | 164 |  |  | $ | 492 |
Net earnings | — |  |  | — |  |  | — |  |  | 478 |  |  | — |  |  | — |  |  | — |  |  | 10 |  |  | 488 |
Other comprehensive (loss) income | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (21) |  |  | — |  |  | (21) |
Dividends to Clorox stockholders ($4.88 per share declared) | — |  |  | — |  |  | — |  |  | (609) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (609) |
Dividends to noncontrolling interests | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (11) |  |  | (11) |
Stock-based compensation | — |  |  | — |  |  | 64 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 64 |
Other employee stock plan activities | — |  |  | — |  |  | (48) |  |  | (20) |  |  | 112 |  |  | 745 |  |  | — |  |  | — |  |  | 44 |
Treasury stock purchased | — |  |  | — |  |  | — |  |  | — |  |  | (257) |  |  | (1,695) |  |  | — |  |  | — |  |  | (257) |
Balance as of March 31, 2025 | $ | 131 |  |  | 130,741 |  |  | $ | 1,304 |  |  | $ | 99 |  |  | $ | (1,331) |  |  | (7,490) |  |  | $ | (176) |  |  | $ | 163 |  |  | $ | 190 |
Schedule of Changes in Accumulated Other Comprehensive Net (Loss) Income | Changes in Accumulated other comprehensive net (loss) income attributable to Clorox by component were as follows for the periods indicated:
| Three months ended March 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 December 31, 2023 | $ | (439) |  |  | $ | 90 |  |  | $ | (10) |  |  | $ | (359) |
Other comprehensive (loss) income before reclassifications | (16) |  |  | 2 |  |  | — |  |  | (14) |
Amounts reclassified from Accumulated other comprehensive net (loss) income (1) | 223 |  |  | (2) |  |  | — |  |  | 221 |
Income tax benefit (expense) | (1) |  |  | (1) |  |  | (1) |  |  | (3) |
Net current period other comprehensive (loss) income | 206 |  |  | (1) |  |  | (1) |  |  | 204 |
Balance as of March 31, 2024 | $ | (233) |  |  | $ | 89 |  |  | $ | (11) |  |  | $ | (155) |
Balance as of December 31, 2024 | $ | (259) |  |  | $ | 80 |  |  | $ | (2) |  |  | $ | (181) |
Other comprehensive (loss) income before reclassifications | 6 |  |  | — |  |  | — |  |  | 6 |
Amounts reclassified from Accumulated other comprehensive net (loss) income | — |  |  | (2) |  |  | — |  |  | (2) |
Income tax benefit (expense) | 1 |  |  | — |  |  | — |  |  | 1 |
Net current period other comprehensive (loss) income | 7 |  |  | (2) |  |  | — |  |  | 5 |
Balance as of March 31, 2025 | $ | (252) |  |  | $ | 78 |  |  | $ | (2) |  |  | $ | (176) |
| Nine months ended March 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, 2023 | $ | (445) |  |  | $ | 99 |  |  | $ | (147) |  |  | $ | (493) |
Other comprehensive (loss) income before reclassifications | (10) |  |  | (4) |  |  | 4 |  |  | (10) |
Amounts reclassified from Accumulated other comprehensive net (loss) income (1) (2) | 223 |  |  | (6) |  |  | 175 |  |  | 392 |
Income tax benefit (expense) | (1) |  |  | — |  |  | (43) |  |  | (44) |
Net current period other comprehensive (loss) income | 212 |  |  | (10) |  |  | 136 |  |  | 338 |
Balance as of March 31, 2024 | $ | (233) |  |  | $ | 89 |  |  | $ | (11) |  |  | $ | (155) |
Balance as of June 30, 2024 | $ | (239) |  |  | $ | 85 |  |  | $ | (1) |  |  | $ | (155) |
Other comprehensive (loss) income before reclassifications | (14) |  |  | (1) |  |  | — |  |  | (15) |
Amounts reclassified from Accumulated other comprehensive net (loss) income | — |  |  | (5) |  |  | (1) |  |  | (6) |
Income tax benefit (expense) | 1 |  |  | (1) |  |  | — |  |  | — |
Net current period other comprehensive (loss) income | (13) |  |  | (7) |  |  | (1) |  |  | (21) |
Balance as of March 31, 2025 | $ | (252) |  |  | $ | 78 |  |  | $ | (2) |  |  | $ | (176) |
(1)Includes the release of currency translation adjustment from the Argentina business divestiture. See Note 3 for additional details. (2)Includes recognition of pension settlement charge reclassified into Net earnings. See Note 15 for additional details.

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