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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
OPERATING ACTIVITIES      
Net income $ 1,554 $ 1,253 $ 1,233
Adjustments to reconcile net income to cash provided by operating activities      
Depreciation and amortization 389 411 363
Amortization of cable distribution investments 16 16 18
Restructuring, impairment and other corporate matters 67 367 157
Equity-based compensation 90 74 102
Equity losses (earnings) of affiliates 44 (4) (4)
Non-operating other, net 47 (368) 356
Deferred income taxes 203 321 342
Change in operating assets and liabilities, net of acquisitions and dispositions      
Receivables and other assets (172) (104) (79)
Inventories net of programming payable (303) 145 (301)
Accounts payable and accrued expenses (1) (68) (54)
Other changes, net (94) (243) (249)
Net cash provided by operating activities 1,840 1,800 1,884
INVESTING ACTIVITIES      
Property, plant and equipment (345) (357) (307)
Purchase of investments (103) (54) (28)
Acquisitions, net of cash acquired 0 0 (243)
Proceeds from dispositions, net 0 0 83
Other investing activities, net (4) (27) (18)
Net cash used in investing activities (452) (438) (513)
FINANCING ACTIVITIES      
Repayment of borrowings (1,250) 0 (750)
Borrowings 1,232 0 0
Repurchase of shares (1,000) (2,000) (1,000)
Dividends paid and distributions (281) (299) (307)
Sale of subsidiary noncontrolling interest 0 35 25
Other financing activities, net (42) (26) (25)
Net cash used in financing activities (1,341) (2,290) (2,057)
Net increase (decrease) in cash and cash equivalents 47 (928) (686)
Cash and cash equivalents, beginning of year 4,272 5,200 5,886
Cash and cash equivalents, end of year $ 4,319 $ 4,272 $ 5,200