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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating activities:    
Net income $ 219 $ 633
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 536 505
Operating lease expense 82 95
Equity losses of affiliates 43 10
Cash distributions received from affiliates 7 20
Impairment charges 0 15
Other, net 10 (143)
Deferred income taxes and taxes payable 27 69
Change in operating assets and liabilities, net of acquisitions:    
Receivables and other assets (236) (62)
Inventories, net (55) (82)
Accounts payable and other liabilities 37 (30)
Net cash provided by operating activities 670 1,030
Investing activities:    
Capital expenditures (350) (315)
Acquisitions, net of cash acquired (15) (1,167)
Investments in equity affiliates and other (105) (99)
Proceeds from property, plant and equipment and other asset dispositions 51 (2)
Other, net (21) 29
Net cash used in investing activities (440) (1,554)
Financing activities:    
Borrowings 434 1,157
Repayment of borrowings (506) (662)
Repurchase of shares (196) (125)
Dividends paid (116) (114)
Other, net 2 (82)
Net cash (used in) provided by financing activities (382) 174
Net change in cash and cash equivalents (152) (350)
Cash and cash equivalents, beginning of period 1,822 2,236
Exchange movement on opening cash balance (11) (21)
Cash and cash equivalents, end of period $ 1,659 $ 1,865