Company: CLX
Filing Date: 2025-10-07
Form Type: DEF 14A
Source: 0001552781-25-000311
Chunk: 113

Company: CLOROX CO /DE/
Filing Date: 2025-10-07
Form: DEF 14A
Chunk 113
---
wards                |    $ 
  153 |          $ 
      (108) |             $ 
            45 |

| The                                              
 Clorox Company 2025 Proxy Statement > Appendix A | A-49 |

The Company files income tax returns in the U.S. federal and various state, local and foreign jurisdictions. The federal statute of limitations has expired for all tax years through June 30, 2015. Various income tax returns in state and foreign jurisdictions are currently in the process of examination. The Company recognizes interest and penalties related to uncertain tax positions as a component of income tax expense. As of June 30, 2025 and 2024, the total balance of accrued interest and penalties related to uncertain tax positions was $4 and $3, respectively. Interest and penalties related to uncertain tax positions included in income tax expense resulted in an expense of $1 in fiscal year 2025, an expense of $1 in fiscal year 2024, and a net benefit of $0 in fiscal year 2023. The following is a reconciliation of the beginning and ending amounts of the Company’s gross unrecognized tax benefits for the fiscal years ended June 30:

| 2025                                       |    | 2024 | 2023 |
| Unrecognized                               
 tax benefits at beginning of year          |  $ 
 22 |    $ 
   17 |    $ 
   17 |
| Gross                                      
 increases - tax positions in prior periods |  3 |    — |    1 |
| Gross                                      
 decreases - tax positions in prior periods | -1 |   -4 |   -3 |
| Gross                                      
 increases - current period tax positions   |  3 |    9 |    2 |
| Unrecognized                               
 tax benefits at end of year                |  $ 
 27 |    $ 
   22 |    $ 
   17 |

Included in the balance of unrecognized tax benefits as of June 30, 2025, 2024 and 2023, were potential benefits of $20, $15 and $14, respectively, which if recognized, would affect the effective tax rate. Unrecognized tax benefits are not expected to significantly increase or decrease within the next 12 months. NOTE 20. EMPLOYEE BENEFIT PLANS Retirement Income Plans The Company maintains various retirement income plans for eligible domestic and international employees. The remaining domestic retirement income plans are frozen. The Company contributed $13, $14 and $14 to its domestic