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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash Flows from Operating Activities    
Net earnings $ 759.2 $ 666.9
Adjustments to reconcile net earnings to net cash flows from operating activities:    
Depreciation and amortization 201.6 198.6
Deferred income taxes (32.0) (32.8)
Non-cash stock-based compensation 111.2 100.9
Excess tax benefits from stock-based compensation arrangements (12.7) (14.1)
Loss on disposal of property, plant and equipment 6.2 8.0
Non-cash restructuring and other charges 13.4  
Pension and post-retirement benefit expense 35.2 33.7
Pension and post-retirement benefit contributions (12.0) (11.9)
Change in fair value of contingent consideration 7.8  
Other non-cash items (0.5) (4.3)
Changes in operating assets and liabilities:    
Increase in accounts receivable, net (276.8) (109.8)
Decrease in inventory and promotional merchandise, net 101.8 107.1
Decrease (increase) in other assets, net (32.5) 2.9
Decrease in accounts payable (80.9) (1.1)
Increase in other accrued and noncurrent liabilities 173.3 49.6
Net cash flows provided by operating activities 962.3 993.7
Cash Flows from Investing Activities    
Capital expenditures (223.4) (187.4)
Payments for acquired businesses, net of cash acquired (19.3) (104.2)
Proceeds from disposition of investments 558.5 61.2
Purchases of investments (960.0) (560.5)
Net cash flows used for investing activities (644.2) (790.9)
Cash Flows from Financing Activities    
Proceeds (repayments) of current debt, net 347.0 50.5
Debt issuance costs (0.1) (1.0)
Repayments and redemptions of long-term debt (4.1) (4.9)
Net proceeds from stock-based compensation transactions 22.4 23.8
Excess tax benefits from stock-based compensation arrangements 12.7 14.1
Payments to acquire treasury stock (627.8) (478.6)
Dividends paid to stockholders (201.2) (168.9)
Payments to noncontrolling interest holders for dividends (2.2) (3.1)
Net cash flows used for financing activities (453.3) (568.1)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (18.1) (22.6)
Net Decrease in Cash and Cash Equivalents (153.3) (387.9)
Cash and Cash Equivalents at Beginning of Period 1,021.4 1,629.1
Cash and Cash Equivalents at End of Period $ 868.1 $ 1,241.2