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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (3,769.6) $ (127.8) $ (398.5)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 736.0 737.0 555.1
Asset impairment charges 3,851.9 0.0 0.0
Deferred income taxes (175.7) (101.7) (390.0)
Provision for bad debts 11.6 24.0 23.4
Provision for pension and other post-employment benefits 29.5 32.4 53.6
Share-based compensation 14.8 30.6 24.6
Loss on assets under restructuring programs 27.8 15.6 6.7
Loss (gain) on sale of brand assets 0.0 28.6 (3.1)
Loss on early extinguishment of debt 0.0 10.7 0.0
Other 43.1 (16.9) 19.2
Change in operating assets and liabilities, net of effects from purchase of acquired companies:      
Trade receivables 344.9 (79.6) (279.8)
Inventories (21.9) (60.0) 162.3
Prepaid expenses and other current assets 11.5 (107.6) (105.7)
Accounts payable (127.3) 159.5 540.9
Accrued expenses and other current liabilities (378.1) (22.5) 479.2
Income and other taxes payable 66.4 (83.2) 85.0
Other noncurrent assets 24.5 (17.9) 23.4
Other noncurrent liabilities (49.8) (7.5) (38.8)
Net cash provided by operating activities 639.6 413.7 757.5
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (426.6) (446.4) (432.3)
Payments for business combinations, net of cash acquired (40.8) (278.0) (742.6)
Proceeds from sale of long term assets, including assets under restructuring programs 13.4 36.8 11.3
Net cash used in investing activities (454.0) (687.6) (1,163.6)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from short-term debt, original maturity more than three months 0.0 0.0 9.5
Repayments of short-term debt, original maturity more than three months 0.0 0.0 (10.2)
Net proceeds from (repayments of) short-term debt, original maturity less than three months (21.3) 21.0 (49.2)
Proceeds from revolving loan facilities 2,183.3 3,185.5 2,244.4
Repayments of revolving loan facilities (1,729.1) (3,643.2) (2,074.4)
Proceeds from term loans and other long term debt 0.0 7,467.2 1,075.0
Repayments of term loans and other long term debt (189.8) (6,492.6) (136.1)
Dividend payments (346.2) (375.8) (372.6)
Net proceeds from issuance of Class A Common Stock and Series A Preferred Stock 5.9 22.6 22.8
Payments for purchases of Class A Common Stock held as Treasury Stock 0.0 0.0 (36.3)
Net (payments) proceeds for foreign currency contracts (0.4) 12.4 (1.2)
Distributions to mandatorily redeemable financial interests, redeemable noncontrolling interests and noncontrolling interests (38.1) (66.4) (42.3)
Purchase of additional mandatorily redeemable financial interests, redeemable noncontrolling interests and noncontrolling interests 0.0 0.0 (9.8)
Payment of debt issuance costs (17.4) (55.1) (24.4)
All other (7.2) (6.3) 0.0
Net cash (used in) provided by financing activities (160.3) 69.3 595.2
EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH (7.1) (3.9) 9.2
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 18.2 (208.5) 198.3
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of period 362.2 570.7 372.4
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—End of period 380.4 362.2 570.7
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:      
Cash paid during the year for interest 290.7 242.8 190.2
Cash received during the period for settlement of interest rate swaps (See Note 19) 43.2 0.0 0.0
Cash paid during the year for income taxes, net of refunds received 110.3 124.6 90.1
SUPPLEMENTAL DISCLOSURE OF NONCASH FINANCING AND INVESTING ACTIVITIES:      
Accrued capital expenditure additions 109.2 158.8 106.7
Non-cash stock issued for business combination 0.0 0.0 9,628.6
Non-cash reclassification from noncontrolling interest to mandatorily redeemable financial interest 0.0 0.0 49.9
Non-cash contingent consideration for business combination (See Note 3) 0.0 8.3 0.0
Non-cash Common Stock dividend 30.6 0.0 0.0
Non-cash debt assumed for business combination      
SUPPLEMENTAL DISCLOSURE OF NONCASH FINANCING AND INVESTING ACTIVITIES:      
Non-cash acquisition of additional redeemable noncontrolling interests 0.0 0.0 1,943.0
Non-cash acquisition of additional redeemable noncontrolling interests      
SUPPLEMENTAL DISCLOSURE OF NONCASH FINANCING AND INVESTING ACTIVITIES:      
Non-cash acquisition of additional redeemable noncontrolling interests $ 0.0 $ 0.0 $ 415.9