2018 Q2 Form 10-K Financial Statement

#000002107619000012 Filed on August 14, 2019

View on sec.gov

Income Statement

Concept 2018 Q2 2018 Q1 2017 Q4
Revenue $1.691B $1.517B $1.416B
YoY Change 2.67% 2.71% 0.71%
Cost Of Revenue $947.0M $868.0M $807.0M
YoY Change 5.81% 4.96% 3.86%
Gross Profit $744.0M $649.0M $609.0M
YoY Change -1.06% -0.15% -3.18%
Gross Profit Margin 44.0% 42.78% 43.01%
Selling, General & Admin $374.0M $208.0M $197.0M
YoY Change -5.08% 3.48% 0.0%
% of Gross Profit 50.27% 32.05% 32.35%
Research & Development $37.00M $32.00M $31.00M
YoY Change 0.0% -8.57% -3.13%
% of Gross Profit 4.97% 4.93% 5.09%
Depreciation & Amortization $45.00M $40.00M $41.00M
YoY Change 7.14% 2.56% 0.0%
% of Gross Profit 6.05% 6.16% 6.73%
Operating Expenses $414.0M $240.0M $228.0M
YoY Change -4.83% 1.69% -0.44%
Operating Profit $330.0M $409.0M $381.0M
YoY Change 4.1% -1.21% -4.75%
Interest Expense -$24.00M $20.00M $20.00M
YoY Change 9.09% -9.09% -9.09%
% of Operating Profit -7.27% 4.89% 5.25%
Other Income/Expense, Net
YoY Change
Pretax Income $306.0M $242.0M $227.0M
YoY Change 3.73% -2.02% 0.0%
Income Tax $89.00M $61.00M -$6.000M
% Of Pretax Income 29.08% 25.21% -2.64%
Net Earnings $217.0M $181.0M $233.0M
YoY Change 7.96% 5.23% 56.38%
Net Earnings / Revenue 12.83% 11.93% 16.45%
Basic Earnings Per Share $1.69 $1.39 $1.81
Diluted Earnings Per Share $1.66 $1.37 $1.77
COMMON SHARES
Basic Shares Outstanding 129.5M shares 129.7M shares 129.4M shares
Diluted Shares Outstanding 131.9M shares 131.7M shares

Balance Sheet

Concept 2018 Q2 2018 Q1 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $131.0M $1.174B $489.0M
YoY Change -68.66% 172.39% 18.12%
Cash & Equivalents $131.0M $1.174B $489.0M
Short-Term Investments
Other Short-Term Assets $74.00M $96.00M $161.0M
YoY Change 2.78% 2.13% 34.17%
Inventory $506.0M $508.0M $494.0M
Prepaid Expenses
Receivables $600.0M $595.0M $536.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.311B $2.373B $1.680B
YoY Change -13.41% 48.03% 8.46%
LONG-TERM ASSETS
Property, Plant & Equipment $996.0M $933.0M $935.0M
YoY Change 6.98% 3.32% 3.43%
Goodwill $1.602B $1.200B $1.202B
YoY Change 33.95% 0.59% 1.01%
Intangibles $929.0M
YoY Change
Long-Term Investments $55.00M
YoY Change -5.17%
Other Assets $222.0M $220.0M $221.0M
YoY Change 5.71% 7.32% 11.62%
Total Long-Term Assets $3.749B $3.071B $3.078B
YoY Change 22.56% 1.49% 1.95%
TOTAL ASSETS
Total Short-Term Assets $1.311B $2.373B $1.680B
Total Long-Term Assets $3.749B $3.071B $3.078B
Total Assets $5.060B $5.444B $4.758B
YoY Change 10.65% 17.61% 4.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $507.0M $947.0M $884.0M
YoY Change 1.2% 0.0% 0.8%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $199.0M $1.066B $495.0M
YoY Change -50.74% 64.0% -34.78%
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Total Short-Term Liabilities $1.200B $2.013B $1.380B
YoY Change -33.67% 0.75% -32.25%
LONG-TERM LIABILITIES
Long-Term Debt $2.284B $1.789B $1.788B
YoY Change 64.2% 28.71% 28.63%
Other Long-Term Liabilities $102.0M $104.0M $110.0M
YoY Change -9.73% -86.8% -86.15%
Total Long-Term Liabilities $2.386B $1.893B $1.898B
YoY Change 58.64% 36.19% 36.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.200B $2.013B $1.380B
Total Long-Term Liabilities $2.386B $1.893B $1.898B
Total Liabilities $4.334B $4.607B $3.998B
YoY Change 7.52% 9.04% -6.98%
SHAREHOLDERS EQUITY
Retained Earnings $2.797B $2.704B $2.649B
YoY Change 14.63% 15.01% 15.98%
Common Stock $1.134B $1.115B $1.100B
YoY Change 4.32% 4.11% 4.36%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.658B $2.457B $2.465B
YoY Change 8.85% 0.16% -0.96%
Treasury Stock Shares 30.76M shares 29.25M shares 29.39M shares
Shareholders Equity $726.0M $837.0M $760.0M
YoY Change
Total Liabilities & Shareholders Equity $5.060B $5.444B $4.758B
YoY Change 10.65% 17.61% 4.16%

Cashflow Statement

Concept 2018 Q2 2018 Q1 2017 Q4
OPERATING ACTIVITIES
Net Income $217.0M $181.0M $233.0M
YoY Change 7.96% 5.23% 56.38%
Depreciation, Depletion And Amortization $45.00M $40.00M $41.00M
YoY Change 7.14% 2.56% 0.0%
Cash From Operating Activities $400.0M $252.0M $64.00M
YoY Change 3.63% 18.87% -36.0%
INVESTING ACTIVITIES
Capital Expenditures -$68.00M -$37.00M -$40.00M
YoY Change -2.86% -15.91% -31.03%
Acquisitions $681.0M
YoY Change
Other Investing Activities -$679.0M -$1.000M $2.000M
YoY Change -68000.0% -104.55% 0.0%
Cash From Investing Activities -$747.0M -$38.00M -$38.00M
YoY Change 982.61% 72.73% -32.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -691.0M 469.0M -1.000M
YoY Change 108.76% -368.0% -97.14%
NET CHANGE
Cash From Operating Activities 400.0M 252.0M 64.00M
Cash From Investing Activities -747.0M -38.00M -38.00M
Cash From Financing Activities -691.0M 469.0M -1.000M
Net Change In Cash -1.038B 683.0M 25.00M
YoY Change 7314.29% 4453.33% 177.78%
FREE CASH FLOW
Cash From Operating Activities $400.0M $252.0M $64.00M
Capital Expenditures -$68.00M -$37.00M -$40.00M
Free Cash Flow $468.0M $289.0M $104.0M
YoY Change 2.63% 12.89% -34.18%

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<div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of these consolidated financial statements in conformity with generally accepted accounting principles in the United States of America (U.S. GAAP) requires management to reach opinions as to estimates and assumptions that affect reported amounts and related disclosures. Specific areas requiring the application of management’s estimates and judgments include, among others, assumptions pertaining to accruals for consumer and trade-promotion programs, stock-based compensation, retirement income plans, future cash flows associated with impairment testing of goodwill and other long-lived assets and the valuation of the venture agreement terminal obligation, the valuation of assets acquired and liabilities assumed in connection with a business combination, the credit worthiness of customers, uncertain tax positions, tax valuation allowances and legal, environmental and insurance matters. Actual results could materially differ from estimates and assumptions made.</span></div>
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0.38
CY2019Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3184000000 USD
CY2018Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3057000000 USD
CY2019Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2150000000 USD
CY2018Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2061000000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1034000000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
996000000 USD
CY2019 clx Non Cash Capital Expenditures
NonCashCapitalExpenditures
2000000 USD
CY2017Q2 us-gaap Goodwill
Goodwill
1196000000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
411000000 USD
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-5000000 USD
CY2018Q2 us-gaap Goodwill
Goodwill
1602000000 USD
CY2019 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
1000000 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-12000000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
1591000000 USD
CY2019Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1247000000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
335000000 USD
CY2019Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
912000000 USD
CY2018Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1249000000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
320000000 USD
CY2018Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
929000000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15000000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10000000 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10000000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
14000000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
12000000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
12000000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
12000000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
10000000 USD
CY2019Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
507000000 USD
CY2018Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
507000000 USD
CY2019Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
158000000 USD
CY2018Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
154000000 USD
CY2019Q2 clx Tradeand Sales Promotion
TradeandSalesPromotion
115000000 USD
CY2018Q2 clx Tradeand Sales Promotion
TradeandSalesPromotion
91000000 USD
CY2019Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
139000000 USD
CY2018Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
129000000 USD
CY2019Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
116000000 USD
CY2018Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
120000000 USD
CY2019Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1035000000 USD
CY2018Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1001000000 USD
CY2019Q2 us-gaap Commercial Paper
CommercialPaper
396000000 USD
CY2018Q2 us-gaap Commercial Paper
CommercialPaper
199000000 USD
CY2019 clx Short Term Debt Weighted Average Interest Rate During Period
ShortTermDebtWeightedAverageInterestRateDuringPeriod
0.0298
CY2018 clx Short Term Debt Weighted Average Interest Rate During Period
ShortTermDebtWeightedAverageInterestRateDuringPeriod
0.0210
CY2017 clx Short Term Debt Weighted Average Interest Rate During Period
ShortTermDebtWeightedAverageInterestRateDuringPeriod
0.0121
CY2019Q2 us-gaap Long Term Debt
LongTermDebt
2287000000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
600000000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1400000000 USD
CY2018Q2 us-gaap Long Term Debt
LongTermDebt
2284000000 USD
CY2019Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2018Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2019Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2287000000 USD
CY2018Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2284000000 USD
CY2019 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0381
CY2018 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0394
CY2017 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0441
CY2019Q2 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0381
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
300000000 USD
CY2019Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1139000000 USD
CY2018Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1137000000 USD
CY2019Q2 clx Venture Agreement Terminal Obligation Net
VentureAgreementTerminalObligationNet
370000000 USD
CY2018Q2 clx Venture Agreement Terminal Obligation Net
VentureAgreementTerminalObligationNet
341000000 USD
CY2019Q2 clx Employee Benefit Obligations Noncurrent
EmployeeBenefitObligationsNoncurrent
280000000 USD
CY2018Q2 clx Employee Benefit Obligations Noncurrent
EmployeeBenefitObligationsNoncurrent
283000000 USD
CY2019Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
34000000 USD
CY2018Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
52000000 USD
CY2019Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
96000000 USD
CY2018Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
102000000 USD
CY2019Q2 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
780000000 USD
CY2018Q2 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
778000000 USD
CY2019 clx Venture Agreement Optionto Extend Agreement Term Period
VentureAgreementOptiontoExtendAgreementTermPeriod
P7Y
CY2019Q2 clx Venture Agreement.Terminal Obligation
VentureAgreement.TerminalObligation
619000000 USD
CY2019Q2 clx Venture Agreement Terminal Obligation Net
VentureAgreementTerminalObligationNet
370000000 USD
CY2012Q4 us-gaap Sale Leaseback Transaction Net Proceeds Investing Activities
SaleLeasebackTransactionNetProceedsInvestingActivities
108000000 USD
CY2012Q4 clx Sale Leaseback Transaction Lease Term
SaleLeasebackTransactionLeaseTerm
P15Y
CY2019Q2 clx Sale Leaseback Transaction Noncurrent Portion Of Deferred Gain
SaleLeasebackTransactionNoncurrentPortionOfDeferredGain
22000000 USD
CY2018Q2 clx Sale Leaseback Transaction Noncurrent Portion Of Deferred Gain
SaleLeasebackTransactionNoncurrentPortionOfDeferredGain
29000000 USD
CY2019 us-gaap Maximum Length Of Time Foreign Currency Cash Flow Hedge
MaximumLengthOfTimeForeignCurrencyCashFlowHedge
P2Y
CY2019 us-gaap Maximum Length Of Time Hedged In Interest Rate Cash Flow Hedge1
MaximumLengthOfTimeHedgedInInterestRateCashFlowHedge1
P12M
CY2019Q2 us-gaap Number Of Interest Rate Derivatives Held
NumberOfInterestRateDerivativesHeld
0 instrument
CY2019 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-5000000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
8000000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-4000000 USD
CY2019 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-6000000 USD
CY2018 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-6000000 USD
CY2017 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-11000000 USD
CY2019 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-8000000 USD
CY2019Q2 clx Derivative Instruments Subject To Contractually Defined Counterparty Liability Position Limits
DerivativeInstrumentsSubjectToContractuallyDefinedCounterpartyLiabilityPositionLimits
1000000 USD
CY2018Q2 clx Derivative Instruments Subject To Contractually Defined Counterparty Liability Position Limits
DerivativeInstrumentsSubjectToContractuallyDefinedCounterpartyLiabilityPositionLimits
0 USD
CY2019Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
27000000 USD
CY2018Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
28000000 USD
CY2019Q2 clx Letter Of Credit Borrowing Capacity
LetterOfCreditBorrowingCapacity
9000000 USD
CY2019Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 USD
CY2019 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
72000000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
86000000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
84000000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
71000000 USD
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
2000000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
65000000 USD
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
2000000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
50000000 USD
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
1000000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
42000000 USD
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
1000000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
37000000 USD
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
1000000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
124000000 USD
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
2000000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
389000000 USD
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
9000000 USD
CY2019Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
77000000 USD
CY2019Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
36000000 USD
CY2019Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
26000000 USD
CY2019Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
14000000 USD
CY2019Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fifth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFifthAnniversary
11000000 USD
CY2019Q2 us-gaap Unrecorded Unconditional Purchase Obligation Due After Five Years
UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears
0 USD
CY2019Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
164000000 USD
CY2019Q2 clx Number Of Repurchase Programs
NumberOfRepurchasePrograms
2 repurchase_program
CY2019Q2 clx Number Of Repurchase Programs
NumberOfRepurchasePrograms
2 repurchase_program
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
660000000 USD
CY2019 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
4474000 shares
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
272000000 USD
CY2018 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2171000 shares
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
189000000 USD
CY2017 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1505000 shares
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
3.84
CY2018 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
3.48
CY2017 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
3.20
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
127734000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129293000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128953000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2058000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2288000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2613000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129792000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
131581000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
131566000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
800000 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1192000 shares
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11000 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
3000000 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
7000000 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
8000000 shares
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
43000000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
53000000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
51000000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
10000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
16000000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
19000000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
166000000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
70000000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
81000000 USD
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
240000000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
863000 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
152
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7080000 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
101
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1951000 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
88
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
248000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
132
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5744000 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
112
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
235000000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3533000 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
97
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
198000000 USD
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1000000 USD
CY2017 us-gaap Asset Impairment Charges
AssetImpairmentCharges
23000000 USD
CY2019 clx Amortization Of Trademarks And Other Intangible Assets
AmortizationOfTrademarksAndOtherIntangibleAssets
17000000 USD
CY2018 clx Amortization Of Trademarks And Other Intangible Assets
AmortizationOfTrademarksAndOtherIntangibleAssets
11000000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
15000000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
12000000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
19000000 USD
CY2019 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
14000000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-4000000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
11000000 USD
CY2019 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
3000000 USD
CY2018 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
6000000 USD
CY2017 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
4000000 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2017 clx Amortization Of Trademarks And Other Intangible Assets
AmortizationOfTrademarksAndOtherIntangibleAssets
10000000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-7000000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3000000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1000000 USD
CY2019 clx Miscellaneous Other Expense Income
MiscellaneousOtherExpenseIncome
-17000000 USD
CY2018 clx Miscellaneous Other Expense Income
MiscellaneousOtherExpenseIncome
-4000000 USD
CY2017 clx Miscellaneous Other Expense Income
MiscellaneousOtherExpenseIncome
8000000 USD
CY2019 clx Other Expense Income Net
OtherExpenseIncomeNet
3000000 USD
CY2018 clx Other Expense Income Net
OtherExpenseIncomeNet
-3000000 USD
CY2017 clx Other Expense Income Net
OtherExpenseIncomeNet
6000000 USD
CY2017Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
23000000 USD
CY2017Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
10000000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
166000000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
177000000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
291000000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
24000000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
34000000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
36000000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1000000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
34000000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
43000000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
38000000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
224000000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
254000000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
365000000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-22000000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-24000000 USD
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CY2018 us-gaap Deferred Income Tax Expense Benefit
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CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
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CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
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CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
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CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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CY2019 us-gaap Number Of Reportable Segments
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CY2018Q2 us-gaap Assets
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CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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CY2019 us-gaap Depreciation Depletion And Amortization
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180000000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
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CY2019 us-gaap Share Based Compensation
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CY2019Q1 us-gaap Cost Of Goods And Services Sold
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CY2019Q2 us-gaap Income Loss From Continuing Operations
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CY2019 us-gaap Income Loss From Continuing Operations
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CY2018Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2018Q3 us-gaap Net Income Loss
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CY2018Q4 us-gaap Net Income Loss
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CY2019Q2 us-gaap Net Income Loss
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CY2019 us-gaap Net Income Loss
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CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2019 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2019 us-gaap Earnings Per Share Basic
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CY2019Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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1.88
CY2019 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2019Q1 us-gaap Earnings Per Share Diluted
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CY2019Q2 us-gaap Earnings Per Share Diluted
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