Refer to the Company's Consolidated Statement of Cash Flows. What was the dollar amount in...

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Accounting

Refer to the Company's Consolidated Statement of Cash Flows. What was the dollar amount in rounded millions of Dividends Paid to Clorox Stockholders in the year ended June 30, 2022? Reconstruct a single journal entry to record the payment of dividends for the year.

image CONSOLIDATED STATEMENTS OF CASH FLOWS The Clorox Company Years ended June 30 Dollars in millions \begin{tabular}{|c|c|c|c|} \hline Dollars in millions & 2022 & 2021 & 2020 \\ \hline \multicolumn{4}{|l|}{ Operating activities: } \\ \hline Net earnings & 471 & 719 & 939 \\ \hline \multicolumn{4}{|l|}{ Adjustments to reconcile net earnings to net cash provided by operations: } \\ \hline Depreciation and amortization & 224 & 211 & 180 \\ \hline Stock-based compensation & 52 & 50 & 50 \\ \hline Deferred income taxes & 5 & (32) & (2) \\ \hline Goodwill, trademark and other asset impairments & - & 329 & - \\ \hline Settlement of interest rate derivative contracts & 114 & - & - \\ \hline Other & 19 & 10 & 30 \\ \hline \multicolumn{4}{|l|}{ Changes in: } \\ \hline Receivables, net & (84) & 82 & (27) \\ \hline Inventories, net & (18) & (282) & 50 \\ \hline Prepaid expenses and other current assets & 16 & (30) & 2 \\ \hline Accounts payable and accrued liabilities & (47) & 311 & 291 \\ \hline Operating lease right-of-use assets and liabilities, net & (1) & (2) & 19 \\ \hline Income taxes payable/prepaid & 35 & (90) & 14 \\ \hline Net cash provided by operations & 786 & 1,276 & 1,546 \\ \hline \multicolumn{4}{|l|}{ Investing activities: } \\ \hline Capital expenditures & (251) & (331) & (254) \\ \hline Businesses acquired, net of cash acquired & - & (85) & - \\ \hline Other & 22 & (36) & 2 \\ \hline Net cash used for investing activities & (229) & (452) & (252) \\ \hline \multicolumn{4}{|l|}{ Financing activities: } \\ \hline Notes and loans payable, net & 237 & - & (396) \\ \hline Long-term debt repayments & (1,405) & - & - \\ \hline Long-term debt borrowings, net of issuance costs paid & 1,085 & - & 492 \\ \hline Treasury stock purchased & (25) & (905) & (248) \\ \hline Cash dividends paid to Clorox stockholders & (571) & (558) & (533) \\ \hline Cash dividends paid to noncontrolling interests & (15) & (31) & - \\ \hline Issuance of common stock for employee stock plans and other & 5 & 103 & 162 \\ \hline Net cash used for financing activities & (689) & (1,391) & (523) \\ \hline Effect of exchange rate changes on cash, cash equivalents and restricted cash & (6) & 12 & (5) \\ \hline Net increase (decrease) in cash, cash equivalents and restricted cash & (138) & (555) & 766 \\ \hline \multicolumn{4}{|l|}{ Cash, cash equivalents and restricted cash: } \\ \hline Beginning of year & 324 & 879 & 113 \\ \hline End of year & 186 & 324 & 879 \\ \hline \multicolumn{4}{|l|}{ Supplemental cash flow information: } \\ \hline Interest paid & 89 & 89 & 89 \\ \hline Income taxes paid, net of refunds & 100 & 303 & 241 \\ \hline \multicolumn{4}{|l|}{ Non-cash financing activities: } \\ \hline Cash dividends declared and accrued, but not paid & 14 & 156 & 140 \\ \hline \end{tabular}

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