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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Jun. 30, 2019
Sep. 30, 2018
Jun. 30, 2018
Sep. 30, 2017
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
Operating activities:                
Net earnings $ 241 $ 210 $ 217 $ 192 $ 820 $ 823 $ 701 $ 648
Deduct: Losses from discontinued operations, net of tax 0 0 0 0 0 0 (2) 0
Earnings from continuing operations 241 210 217 192 820 823 703 648
Adjustments to reconcile earnings from continuing operations to net cash provided by continuing operations:                
Depreciation and amortization         180 166 163  
Stock-based compensation         43 53 51  
Deferred income taxes         (20) (23) (35)  
Other         (29) 44 33  
Changes in:                
Receivables, net         (32) (24) (1)  
Inventories, net         (7) (21) (19)  
Prepaid expenses and other current assets         (6) 4 (5)  
Accounts payable and accrued liabilities         17 (47) (34)  
Income taxes payable/receivable, net         26 1 12  
Net cash provided by continuing operations         992 976 868  
Net cash used for discontinued operations         0 0 (3)  
Net cash provided by operations         992 976 865  
Investing activities:                
Capital expenditures         (206) (194) (231)  
Businesses acquired, net of cash acquired         0 (681) 0  
Other         10 16 26  
Net cash used for investing activities         (196) (859) (205)  
Financing activities:                
Notes and loans payable, net         189 (214) (125)  
Long-term debt borrowings, net of issuance costs         0 891 0  
Long-term debt repayments         0 (400) 0  
Treasury stock purchased         (661) (271) (183)  
Cash dividends paid         (490) (450) (412)  
Issuance of common stock for employee stock plans and other         147 45 75  
Net cash used for financing activities         (815) (399) (645)  
Effect of exchange rate changes on cash, cash equivalents, and restricted cash         (2) (3) (1)  
Net increase (decrease) in cash, cash equivalents and restricted cash         (21) (285) 14  
Cash, cash equivalents and restricted cash:                
Beginning of year   $ 134   $ 419 134 419 405  
End of year 113   134   113 134 419 $ 405
Supplemental cash flow information:                
Interest paid         87 75 78  
Income taxes paid, net of refunds         207 245 347  
Non-cash financing activities:                
Cash dividends declared and accrued, but not paid $ 133   $ 123   $ 133 $ 123 $ 108