The Clorox Company (CLX) 8-K Other Events

Exhibit 12.1

RATIO OF EARNINGS TO FIXED CHARGES

The following table sets forth Clorox's ratio of earnings to fixed charges for the periods indicated:

	Year Ended June 30
(In millions, except ratios, which are rounded)	2012			2011			2010			2009			2008
Earnings from continuing operations before income taxes	$	791		$	563		$	805		$	709		$	571
Deductions:
Income from equity investees		(14	)		(12	)		(12	)		(9	)		(9	)
Additions:
Amortization of capitalized interest		-			-			1			1			1
Distributed income from equity investees		11			10			9			10			7
Total fixed charges		135			131			145			166			173
Earnings available to cover fixed charges	$	923		$	692		$	948		$	877		$	743
Fixed charges:
Interest expense	$	125		$	123		$	139		$	161		$	168
Amortization of debt issuance costs		5			3			1			-			-
Estimated portion of rental expense attributable to interest		5			5			5			5			5
Total fixed charges	$	135		$	131		$	145		$	166		$	173
Ratio of earnings to fixedcharges		7			5			7			5			4