CLOROX CO /DE/ - FORM 8-K - EX-99.3 - SCHEDULE OF RECAST NET SALES AND EARNINGS FROM CONTINUING OPERATIONS

Attached files

file	filename
8-K - CURRENT REPORT - CLOROX CO /DE/	clorox_8k.htm
EX-99.2 - SUPPLEMENTAL INFORMATION - CLOROX CO /DE/	exhibit99-2.htm
EX-99.1 - PRESS RELEASE DATED AUGUST 2, 2012 OF THE CLOROX COMPANY - CLOROX CO /DE/	exhibit99-1.htm

The Clorox Company

Supplemental Schedule of recast Net Sales and Earnings from Continuing Operations before Income Taxes of the Company’s reportable segments for the fiscal years 2012, 2011 and 2010

Fiscal Year 2012

Net Sales⁽²⁾

($ millions)	Q1						Q2						Q3						Q4			Fiscal Year
	As						As						As						As			As
Segment	Reported			As Recast			Reported			As Recast			Reported			As Recast			Reported			Reported
Cleaning	$	439		$	439		$	370		$	370		$	447		$	447		$	436		$	1,692
Household		366			366			334			334			417			417			559			1,676
Lifestyle⁽¹⁾		214			206			230			219			250			241			235			901
International⁽¹⁾		286			294			287			298			287			296			311			1,199

Total Company	$	1,305		$	1,305		$	1,221		$	1,221		$	1,401		$	1,401		$	1,541		$	5,468


Earnings (Losses) from Continuing Operations before Income Taxes⁽²⁾

($ millions)	Q1						Q2						Q3						Q4			Fiscal Year
	As						As						As						As			As
Segment	Reported			As Recast			Reported			As Recast			Reported			As Recast			Reported			Reported
Cleaning	$	108		$	108		$	78		$	78		$	101		$	101		$	94		$	381
Household		42			42			34			34			77			77			145			298
Lifestyle⁽¹⁾		54			55			70			69			77			76			65			265
International⁽¹⁾		41			40			32			33			20			21			25			119

Corporate		(58	)		(58	)		(59	)		(59	)		(77	)		(77	)		(78	)		(272	)

Total Company	$	187		$	187		$	155		$	155		$	198		$	198		$	251		$	791

⁽¹⁾ Beginning in the fourth quarter of fiscal year 2012, Natural Personal Care financial results outside the U.S. are being reported in the International segment rather than in the Lifestyle segment for all periods presented. Historical segment financial information presented has been recast to reflect this change.

⁽²⁾ Unaudited.

Fiscal Year 2011

Net Sales⁽⁴⁾

($ millions)	Q1						Q2						Q3						Q4						Fiscal Year
	As						As						As						As						As
Segment	Reported			As Recast			Reported			As Recast			Reported			As Recast			Reported			As Recast			Reported			As Recast
Cleaning	$	449		$	449		$	354		$	354		$	407		$	407		$	409		$	409		$	1,619		$	1,619
Household		354			354			320			320			394			394			543			543			1,611			1,611
Lifestyle⁽³⁾		201			195			218			207			227			219			237			228			883			849
International⁽³⁾		262			268			287			298			276			284			293			302			1,118			1,152

Total Company	$	1,266		$	1,266		$	1,179		$	1,179		$	1,304		$	1,304		$	1,482		$	1,482		$	5,231		$	5,231


Earnings (Losses) from Continuing Operations before Income Taxes ⁽⁴⁾

($ millions)	Q1						Q2						Q3						Q4						Fiscal Year
	As						As						As						As						As
Segment	Reported			As Recast			Reported			As Recast			Reported			As Recast			Reported			As Recast			Reported			As Recast
Cleaning	$	121		$	121		$	64		$	64		$	89		$	89		$	82		$	82		$	356		$	356
Household		53			53			25			25			73			73			127			127			278			278
Lifestyle⁽³⁾		58			59			(192	)		(99	)		68			68			65			63			(1	)		91
International⁽³⁾		40			39			41			(52	)		39			39			27			29			147			55

Corporate		(70	)		(70	)		(50	)		(50	)		(50	)		(50	)		(47	)		(47	)		(217	)		(217	)

Total Company	$	202		$	202		$	(112	)	$	(112	)	$	219		$	219		$	254		$	254		$	563		$	563

⁽³⁾ Beginning in the fourth quarter of fiscal year 2012, Natural Personal Care financial results outside the U.S. are being reported in the International segment rather than in the Lifestyle segment for all periods presented. Historical segment financial information presented has been recast to reflect this change. Fiscal year 2011 full year earnings from continuing operations before income taxes for the international segment have been recast to include $94 of the $258 non-cash goodwill impairment charge recorded for the Burt's Bees^® business

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

Fiscal Year 2010

Net Sales ⁽⁶⁾⁽⁷⁾

($ millions)	Q1						Q2						Q3						Q4						Fiscal Year
	As						As						As						As						As
Segment	Reported			As Recast			Reported			As Recast			Reported			As Recast			Reported			As Recast			Reported			As Recast
Cleaning	$	454		$	454		$	378		$	378		$	397		$	397		$	395		$	395		$	1,624		$	1,624
Household		381			381			334			334			408			408			540			540			1,663			1,663
Lifestyle⁽⁵⁾		200			194			212			204			226			219			226			218			864			835
International⁽⁵⁾		268			274			291			299			256			263			268			276			1,083			1,112

Total Company	$	1,303		$	1,303		$	1,215		$	1,215		$	1,287		$	1,287		$	1,429		$	1,429		$	5,234		$	5,234


Earnings (Losses) from Continuing Operations before Income Taxes ⁽⁶⁾⁽⁷⁾

($ millions)	Q1						Q2						Q3						Q4						Fiscal Year
	As						As						As						As						As
Segment	Reported			As Recast			Reported			As Recast			Reported			As Recast			Reported			As Recast			Reported			As Recast
Cleaning	$	119		$	119		$	70		$	70		$	94		$	94		$	85		$	85		$	368		$	368
Household		55			55			27			27			72			72			136			136			290			290
Lifestyle⁽⁵⁾		66			68			78			77			82			82			77			77			303			304
International⁽⁵⁾		43			41			32			33			38			38			31			31			144			143

Corporate		(66	)		(66	)		(70	)		(70	)		(77	)		(77	)		(87	)		(87	)		(300	)		(300	)

Total Company	$	217		$	217		$	137		$	137		$	209		$	209		$	242		$	242		$	805		$	805

⁽⁵⁾ Beginning in the fourth quarter of fiscal year 2012, Natural Personal Care financial results outside the U.S. are being reported in the International segment rather than in the Lifestyle segment for all periods presented. Historical segment financial information presented has been recast to reflect this change.

⁽⁶⁾ Fiscal year 2010 results reflect the reclassification of the Auto Business to discontinued operations in Q1 fiscal year 2011.

⁽⁷⁾Unaudited, with the exception of the fiscal year as reported amounts.

CLOROX CO /DE/ - FORM 8-K - EX-99.3 - SCHEDULE OF RECAST NET SALES AND EARNINGS FROM CONTINUING OPERATIONS - August 2, 2012

Attached files

CLOROX CO /DE/ Reports