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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
OPERATING ACTIVITIES    
Net income $ 1,234 $ 884
Adjustments to reconcile net income to cash provided by operating activities    
Depreciation and amortization 291 308
Amortization of cable distribution investments 12 12
Equity-based compensation 69 55
Restructuring, impairment and other corporate matters 24 1,015
Non-operating other, net (39) (293)
Deferred income taxes 152 234
Change in operating assets and liabilities, net of acquisitions and dispositions    
Receivables and other assets (317) (692)
Inventories net of programming payable (220) 222
Accounts payable and accrued expenses (178) (200)
Other changes, net (87) (238)
Net cash provided by operating activities 941 1,307
INVESTING ACTIVITIES    
Property, plant and equipment (233) (237)
Purchase of investments (99) (55)
Other investing activities, net 8 (26)
Net cash used in investing activities (324) (318)
FINANCING ACTIVITIES    
Repayment of borrowings (1,250) 0
Borrowings 1,232 0
Repurchase of shares (750) (1,750)
Dividends paid and distributions (272) (291)
Sale of subsidiary noncontrolling interest 0 25
Other financing activities, net (58) (27)
Net cash used in financing activities (1,098) (2,043)
Net decrease in cash and cash equivalents (481) (1,054)
Cash and cash equivalents, beginning of year 4,272 5,200
Cash and cash equivalents, end of period $ 3,791 $ 4,146