The Clorox Company (CLX) 8-K Clorox Reports Q4 and Fiscal Year 2020 Results, Provides Fiscal Year 2021 Outlook

The Clorox Company

Supplemental Schedule of recast Net Sales and Earnings (Losses) before Income Taxes of the Company’s reportable segments for the fiscal years 2020, 2019 and 2018

Fiscal Year 2020
Net sales (2)
($ millions)	Q1						Q2						Q3						Q4			Fiscal Year
Segment	As Reported			As Recast			As Reported			As Recast			As Reported			As Recast			As Reported			As Reported
Health and Wellness (Formerly Cleaning)(1)	$	562		$	633		$	501		$	575		$	671		$	736		$	805		$	2,749
Household (1)		381			361			360			342			500			480			612			1,795
Lifestyle (1)		322			271			347			291			339			294			298			1,154
International		241			241			241			241			273			273			268			1,023
Total Company	$	1,506		$	1,506		$	1,449		$	1,449		$	1,783		$	1,783		$	1,983		$	6,721
Earnings (Losses) Before Income Taxes (2)
($ millions)	Q1						Q2						Q3						Q4			Fiscal Year
Segment	As Reported			As Recast			As Reported			As Recast			As Reported			As Recast			As Reported			As Reported
Health and Wellness (Formerly Cleaning)(1)	$	178		$	170		$	147		$	134		$	231		$	210		$	252		$	766
Household (1)		25			32			37			44			107			114			157			347
Lifestyle (1)		70			71			85			91			66			80			78			320
International		39			39			31			31			36			36			10			116
Corporate		(54	)		(54	)		(65	)		(65	)		(143	)		(143	)		(102	)		(364	)
Total Company	$	258		$	258		$	235		$	235		$	297		$	297		$	395		$	1,185

⁽¹⁾ In the fourth quarter of fiscal year 2020, the Digestive Health and Dietary Supplements business units were combined into a new Vitamins, Minerals and Supplements business unit, and the Laundry and Home Care business units were combined to create the Cleaning business unit. These newly established business units, along with the Professional Products business unit, now make up the new Health and Wellness reportable segment. Historical segment financial information presented has been recast to reflect this change.

⁽²⁾ Unaudited.

The Clorox Company

Fiscal Year 2019
Net sales (4)
($ millions)	Q1						Q2						Q3						Q4						Fiscal Year
Segment	As Reported			As Recast			As Reported			As Recast			As Reported			As Recast			As Reported			As Recast			As Reported			As Recast
Health and Wellness (Formerly Cleaning) (3)	$	571		$	649		$	500		$	583		$	508		$	584		$	530		$	606		$	2,109		$	2,422
Household (3)		442			416			393			368			489			465			546			525			1,870			1,774
Lifestyle (3)		309			257			335			277			309			257			312			257			1,265			1,048
International		241			241			245			245			245			245			239			239			970			970
Total Company	$	1,563		$	1,563		$	1,473		$	1,473		$	1,551		$	1,551		$	1,627		$	1,627		$	6,214		$	6,214
Earnings (Losses) Before Income Taxes (4)
($ millions)	Q1						Q2						Q3						Q4						Fiscal Year
Segment	As Reported			As Recast			As Reported			As Recast			As Reported			As Recast			As Reported			As Recast			As Reported			As Recast
Health and Wellness (Formerly Cleaning) (3)	$	180		$	173		$	135		$	132		$	135		$	128		$	150		$	137		$	600		$	570
Household (3)		59			64			46			49			93			97			118			127			316			337
Lifestyle (3)		62			64			78			78			51			54			64			68			255			264
International		28			28			25			25			24			24			19			19			96			96
Corporate		(61	)		(61	)		(60	)		(60	)		(63	)		(63	)		(59	)		(59	)		(243	)		(243	)
Total Company	$	268		$	268		$	224		$	224		$	240		$	240		$	292		$	292		$	1,024		$	1,024

⁽³⁾ In the fourth quarter of fiscal year 2020, the Digestive Health and Dietary Supplements business units were combined into a new Vitamins, Minerals and Supplements business unit, and the Laundry and Home Care business units were combined to create the Cleaning business unit. These newly established business units, along with the Professional Products business unit, now make up the new Health and Wellness reportable segment. Historical segment financial information presented has been recast to reflect this change.

⁽⁴⁾ Unaudited, with the exception of the fiscal year as reported amounts.

The Clorox Company

Fiscal Year 2018
Net sales (6)
($ millions)	Q1						Q2						Q3						Q4						Fiscal Year
Segment	As Reported			As Recast			As Reported			As Recast			As Reported			As Recast			As Reported			As Recast			As Reported			As Recast
Health and Wellness (Formerly Cleaning) (5)	$	559		$	586		$	472		$	502		$	513		$	538		$	516		$	597		$	2,060		$	2,223
Household (5)		441			414			410			380			493			468			615			587			1,959			1,849
Lifestyle (5)		246			246			268			268			252			252			311			258			1,077			1,024
International		254			254			266			266			259			259			249			249			1,028			1,028
Total Company	$	1,500		$	1,500		$	1,416		$	1,416		$	1,517		$	1,517		$	1,691		$	1,691		$	6,124		$	6,124
Earnings (Losses) Before Income Taxes (6)
($ millions)	Q1						Q2						Q3						Q4						Fiscal Year
Segment	As Reported			As Recast			As Reported			As Recast			As Reported			As Recast			As Reported			As Recast			As Reported			As Recast
Health and Wellness (Formerly Cleaning) (5)	$	172		$	170		$	121		$	119		$	135		$	129		$	146		$	132		$	574		$	550
Household (5)		73			75			54			56			88			94			155			159			370			384
Lifestyle (5)		64			64			69			69			55			55			55			65			243			253
International		23			23			23			23			23			23			15			15			84			84
Corporate		(53	)		(53	)		(40	)		(40	)		(59	)		(59	)		(65	)		(65	)		(217	)		(217	)
Total Company	$	279		$	279		$	227		$	227		$	242		$	242		$	306		$	306		$	1,054		$	1,054

⁽⁵⁾ In the fourth quarter of fiscal year 2020, the Digestive Health and Dietary Supplements business units were combined into a new Vitamins, Minerals and Supplements business unit, and the Laundry and Home Care business units were combined to create the Cleaning business unit. These newly established business units, along with the Professional Products business unit, now make up the new Health and Wellness reportable segment. Historical segment financial information presented has been recast to reflect this change.

⁽⁶⁾ Unaudited, with the exception of the fiscal year as reported amounts.