Company: CLX
Filing Date: 2025-02-03
Form Type: 10-Q
Source: 0000021076-25-000013
Chunk: 21

Company: CLOROX CO /DE/
Filing Date: 2025-02-03
Form: 10-Q
Item: Part I, Item 1
Chunk 21
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 658 632 International274 311 533 581 Reportable segment total$1,686 $1,936 $3,410 $3,264 Corporate and Other— 54 38 112 Total$1,686 $1,990 $3,448 $3,376 Segment adjusted EBITThree months endedSix months ended12/31/202412/31/202312/31/202412/31/2023Health and Wellness$193 $259 $428 $363 Household48 92 108 88 Lifestyle70 109 136 128 International21 32 56 66 Reportable segment total$332 $492 $728 $645 Corporate and Other(74)(106)(138)(168)Total$258 $386 $590 $477 Interest income2 7 5 17 Interest expense(22)(26)(43)(47)Loss on divestiture (1)— — (118)— Pension settlement charge (2)— (171)— (171)Cyberattack costs, net of insurance recoveries (3)25 (25)35 (49)Streamlined operating model (4)— (3)— (3)Digital capabilities and productivity enhancements investment (5)(26)(32)(55)(59)Earnings before income taxes$237 $136 $414 $165 (1)Represents loss on divestiture of the Better Health VMS business corresponding to Corporate and Other. See Note 2 for additional details related to the divestiture.(2)Represents costs related to the settlement of the domestic qualified pension plan corresponding to Corporate and Other. See Note 13 for additional details related to the pension settlement.(3)Represents insurance recoveries of $25 and $35 in the three and six months ended December 31, 2024, respectively, and incurred incremental expenses of approximately $25 and $49 in the three and six months ended December 31, 2023, respectively, as a result of the cyberattack. See Note 3 for additional details related to the August 2023 cyberattack. For informational purposes, the following table provides the approximate cyberattack costs and insurance recoveries corresponding to the Company’s reportable segments as a percentage of the total:Three months endedSix months ended12/31/202412/31/202312