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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Operating activities:    
Net income $ 271 $ 251
Less: Income (loss) from discontinued operations, net of tax 22 (40)
Income from continuing operations: 249 291
Adjustments to reconcile income from continuing operations to cash provided by operating activities:    
Depreciation and amortization 244 251
Equity earnings of affiliates (23) (41)
Cash distributions received from affiliates 30 68
Other, net 1 (58)
Deferred income taxes and taxes payable (98) 66
Change in operating assets and liabilities, net of acquisitions:    
Receivables and other assets (97) (56)
Inventories, net 72 65
Accounts payable and other liabilities (15) (30)
Pension and postretirement benefit plans (17) (12)
Net cash provided by operating activities from continuing operations 346 544
Investing activities:    
Capital expenditures (120) (150)
Acquisitions, net of cash acquired (101) (1,183)
Investments in equity affiliates and other (36) (246)
Proceeds from dispositions 2 114
Other 5 0
Net cash used in investing activities from continuing operations (250) (1,465)
Financing activities:    
Repayment of borrowings acquired in the Move acquisition 0 (129)
Repurchase of shares (18) 0
Dividends paid (74) (17)
Other, net (7) (10)
Net cash used in financing activities from continuing operations (99) (156)
Net decrease in cash and cash equivalents from continuing operations (3) (1,077)
Net decrease in cash and cash equivalents from discontinued operations (40) (85)
Cash and cash equivalents, beginning of period 1,951 3,145
Exchange movement on opening cash balance (25) (65)
Cash and cash equivalents, end of period $ 1,883 $ 1,918