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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2017
Operating activities:      
Net income (loss) $ 228 $ (1,444) $ (643)
Less: Income from discontinued operations, net of tax 0 0 0
Income (loss) from continuing operations 228 (1,444) (643)
Adjustments to reconcile income (loss) from continuing operations to cash provided by operating activities:      
Depreciation and amortization 659 472 449
Equity losses of affiliates 17 1,006 295
Cash distributions received from affiliates 32 5 4
Impairment charges 96 280 785
Other, net (33) 324 (135)
Deferred income taxes and taxes payable 0 202 (95)
Change in operating assets and liabilities, net of acquisitions:      
Receivables and other assets 134 (128) (58)
Inventories, net (58) (14) 15
Accounts payable and other liabilities (147) 54 140
NAM Group settlement 0 0 (258)
Net cash provided by operating activities from continuing operations 928 757 499
Net cash used in operating activities from discontinued operations 0 0 (5)
Net cash provided by operating activities 928 757 494
Investing activities:      
Capital expenditures (572) (364) (256)
Acquisitions, net of cash acquired (188) (77) (347)
Investments in equity affiliates and other (4) (18) (59)
Other investments (34) (33) (39)
Proceeds from property, plant and equipment and other asset dispositions 103 138 271
Other 18 33 10
Net cash used in investing activities from continuing operations (677) (321) (420)
Net cash used in investing activities from discontinued operations 0 0 0
Net cash used in investing activities (677) (321) (420)
Financing activities:      
Borrowings 681 95 0
Repayment of borrowings (1,116) (213) (23)
Dividends paid (161) (158) (152)
Other, net (14) (122) (42)
Net cash used in financing activities from continuing operations (610) (398) (217)
Net cash used in financing activities from discontinued operations 0 0 0
Net cash used in financing activities (610) (398) (217)
Net change in cash, cash equivalents and restricted cash (359) 38 (143)
Cash, cash equivalents and restricted cash, beginning of year 2,034 2,016 2,147
Exchange movement on opening cash balance (32) (20) 12
Cash, cash equivalents and restricted cash, end of year $ 1,643 $ 2,034 $ 2,016