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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2016
Jun. 30, 2015
Current assets    
Cash and cash equivalents $ 401 $ 382
Receivables, net 569 519
Inventories, net 443 385
Other current assets 72 143
Total current assets 1,485 1,429
Property, plant and equipment, net 906 918
Goodwill 1,197 1,067
Trademarks, net 657 535
Other intangible assets, net 78 50
Other assets 195 165
Total assets 4,518 4,164
Current liabilities    
Notes and loans payable 523 95
Current maturities of long-term debt 0 300
Accounts payable and accrued liabilities [1] 1,035 979
Income taxes payable 0 31
Total current liabilities 1,558 1,405
Long-term debt 1,797 1,796
Other liabilities 784 750
Deferred income taxes 82 95
Total liabilities 4,221 4,046
Commitments and contingencies
Stockholders' equity    
Preferred stock: $1.00 par value; 5,000,000 shares authorized; none issued or outstanding 0 0
Common stock: $1.00 par value; 750,000,000 shares authorized; 158,741,461 shares issued as of June 30, 2016 and 2015; and 129,355,263 and 128,614,310 shares outstanding as of June 30, 2016 and 2015, respectively 159 159
Additional paid-in capital 868 775
Retained earnings 2,163 1,923
Treasury shares, at cost: 29,386,198 and 30,127,151 shares as of June 30, 2016 and 2015, respectively (2,323) (2,237)
Accumulated other comprehensive net (losses) income (570) (502)
Stockholders' equity 297 118
Total liabilities and stockholders' equity $ 4,518 $ 4,164
[1] Accounts payable and accrued liabilities were combined into one financial statement line as of June 30, 2016. The change has been retrospectively applied to all periods presented.