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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities:    
Net income $ 633 $ 404
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 505 504
Operating lease expense 95 96
Equity losses of affiliates 10 9
Cash distributions received from affiliates 20 14
Impairment charges 15 0
Other, net (143) (132)
Deferred income taxes and taxes payable 69 33
Change in operating assets and liabilities, net of acquisitions:    
Receivables and other assets (62) (67)
Inventories, net (82) (21)
Accounts payable and other liabilities (30) 220
Net cash provided by operating activities 1,030 1,060
Investing activities:    
Capital expenditures (315) (253)
Acquisitions, net of cash acquired (1,167) (91)
Investments in equity affiliates and other (99) (25)
Proceeds from property, plant and equipment and other asset dispositions (2) 24
Other, net 29 (1)
Net cash used in investing activities (1,554) (346)
Financing activities:    
Borrowings 1,157 165
Repayment of borrowings (662) (326)
Repurchase of shares (125) 0
Dividends paid (114) (104)
Other, net (82) (64)
Net cash provided by (used in) financing activities 174 (329)
Net change in cash and cash equivalents (350) 385
Cash and cash equivalents, beginning of period 2,236 1,517
Exchange movement on opening cash balance (21) 72
Cash and cash equivalents, end of period $ 1,865 $ 1,974