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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
OPERATING ACTIVITIES      
Net income $ 1,727 $ 2,293 $ 1,554
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation and amortization 410 385 389
Restructuring, impairment and other corporate matters 151 267 67
Equity-based compensation 132 135 90
Equity losses of affiliates 20 29 44
Cash distributions received from affiliates 32 13 0
Non-operating other, net 773 (438) 47
Deferred income taxes 271 164 203
Change in operating assets and liabilities, net of acquisitions and dispositions      
Receivables and other assets (1,055) (85) (156)
Inventories net of programming payable (493) 521 (303)
Accounts payable and accrued expenses 66 89 (1)
Other changes, net (64) (49) (94)
Net cash provided by operating activities 1,970 3,324 1,840
INVESTING ACTIVITIES      
Property and equipment (502) (331) (345)
Purchase of investments (178) (79) (103)
Acquisitions, net of cash acquired (8) (97) 0
Other investing activities, net (17) (30) (4)
Net cash used in investing activities (705) (537) (452)
FINANCING ACTIVITIES      
Repurchase of shares (2,000) (1,000) (1,000)
Dividends paid and distributions (287) (277) (281)
Purchase of noncontrolling interest (208) 0 0
Repayment of borrowings 0 (600) (1,250)
Borrowings 0 0 1,232
Other financing activities, net 84 122 (42)
Net cash used in financing activities (2,411) (1,755) (1,341)
Net (decrease) increase in cash and cash equivalents (1,146) 1,032 47
Cash and cash equivalents, beginning of year 5,351 4,319 4,272
Cash and cash equivalents, end of year $ 4,205 $ 5,351 $ 4,319