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**UNITEDSTATES****SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

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**FORM8-K**

CURRENTREPORT PURSUANT TO SECTION 13 OR 15(d) OFTHE SECURITIES EXCHANGE ACT OF 1934

Date ofReport (Date of Earliest Event Reported): November 15,2004

THE CLOROXCOMPANY(Exact name of registrant as specified in itscharter)

| **Delaware**                          |
|---------------------------------------|
|  (State or other jurisdiction of |
| incorporation or organization)        |

****

| **1-07151**             | **31-0595760**                      |
|-------------------------|-------------------------------------|
| (CommissionFile Number) | (I.R.S.Employer Identification No.) |

**1221Broadway****,****Oakland, California****94612-1888******(Address of principal executiveoffices)    (Zip code)

**(510) 271-7000******(Registrant's telephone number, includingarea code)

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(Formername or former address, if changed since last report)

Check the appropriate boxbelow if the Form 8-K filing is intended to simultaneously satisfythe filing obligation of the registrant under any of the followingprovisions (see General Instruction A.2.)

[ ]  Writtencommunications pursuant to Rule 425 Under the Securities Act (17CFR 230.425)

[ ]  Solicitingmaterial pursuant to Rule 14a-12 under the Exchange Act (17 CFR240.14a-12)

[ ]  Pre-commencementcommunications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))

[ ]  Pre-commencementcommunications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c))

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ITEM 1.01 ENTRY INTO AMATERIAL DEFINITIVE AGREEMENT

On November 15, 2004, TheClorox Company (the “Company”) entered into a creditagreement (the “Agreement”) with JPMorgan Chase Bank,N.A. as Administrative Agent and Bank, Citicorp North America, Inc.as Administrative Agent, Servicing Agent and Bank and Goldman SachsCredit Partners L.P as Syndication Agent and Bank relating to arevolving credit facility (the “Bridge”) to back up acommercial paper program being established to provide the initialfinancing for the previously announced transaction in which HenkelKGaA (“Henkel”) will acquire a subsidiary of theCompany in exchange for all of the Company common stock owned by aHenkel subsidiary.

All of the principalsnamed above, directly or through affiliates, have pre-existingrelationships with the Company, including participation in theCompany’s revolving credit lines and the commercial paperprogram referred to above. In addition, Citigroup has acted as aforeign exchange trader, provided international cash managementservices, participated in prior share repurchase programs, acted asan underwriter of a prior bond offering and participated inderivative transactions. J.P. Morgan has provided commercial papersafekeeping services, been an underwriter of a prior bond offering,participated in derivative transactions, participated in priorshare repurchase programs and provided investment banking advisoryservices. Goldman Sachs has provided investment banking advisoryservices.

The Agreement provides theterms under which the signatories will lend funds to the Companyand contain customary representations, warranties and covenants.Loans made under the Agreement will mature on May 15, 2005. Theprincipal amount of loans outstanding under the Bridge may notexceed $2,100,000,000. Loans under the Bridge are in addition tocommercial paper and other borrowings issued in the ordinary courseof business as necessary to finance working capital. The loans willbear interest at a variable rate dependent on market conditions.The Company does not expect to  borrow under theBridge.

A copy of the Agreement isattached as Exhibit 10.1.

ITEM 2.03 CREATION OF ADIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCESHEET ARRANGEMENT

See Item 1.01.

ITEM9.01  FINANCIAL  STATEMENTS AND EXHIBITS
| ExhibitNumber | Title                                                                                                                                                                                                                                                                                                |
|---------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10-1          | CreditAgreement, dated as of November 15, 2004 among The Clorox Company,The Banks Listed Herein, Citicorp North America, Inc. and JPMorganChase Bank, N. A., as Administrative Agents, Citicorp NorthAmerica, Inc., as Servicing Agent, and Goldman Sachs CreditPartners L. P., as Syndication Agent |
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SIGNATURES

Pursuant to therequirements of the Securities Exchange Act of 1934, the registranthas duly caused this report to be signed on its behalf by theundersigned, thereunto duly authorized.

                                                                       THE CLOROX COMPANY

Date:  November 19,2004                              By: /s/ PETER D. BEWLEY

                                                                                   Peter D. Bewley

                                                                                   Senior Vice President –

                                                                                   General Counsel

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