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Consolidated Statements of Cash Flows (USD $)
In Millions
12 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2009
Operating Activities      
Net earnings including noncontrolling interests $ 2,018 $ 1,919 $ 1,688
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities      
Depreciation and amortization 877 912 780
Deferred income taxes 521 30 20
Gain on Golden Peanut revaluation (71)    
Equity in (earnings) losses of affiliates, net of dividends (397) (326) 54
Stock compensation expense 47 45 65
Pension and postretirement accruals (contributions), net 4 (110) (161)
Charges on early extinguishment of debt 15 75  
Deferred cash flow hedges (1) 49 (235)
Other - net (121) 84 48
Changes in operating assets and liabilities      
Segregated cash and investments (1,035) 74 (426)
Receivables (2,882) 740 3,680
Inventories (3,412) (404) 1,899
Other assets (257) (211) 152
Accounts payable and accrued expenses 2,354 (193) (2,223)
Total Operating Activities (2,340) 2,684 5,341
Investing Activities      
Purchases of property, plant, and equipment (1,247) (1,607) (1,898)
Proceeds from sales of property, plant, and equipment 72 35 65
Proceeds from sale of businesses     258
Net assets of businesses acquired (218) (62) (198)
Investments in and advances to affiliates (31) (146) (15)
Purchases of marketable securities (2,379) (1,387) (2,402)
Proceeds from sales of marketable securities 2,094 1,454 2,312
Other - net 34 48 7
Total Investing Activities (1,675) (1,665) (1,871)
Financing Activities      
Long-term debt borrowings 1,564 27 125
Long-term debt payments (417) (552) (24)
Debt repurchase premium and costs (21) (71)  
Net borrowings (payments) under line of credit agreements 1,381 29 (2,890)
Shares issued related to equity unit conversion 1,750    
Purchases of treasury stock (301) (100) (100)
Cash dividends (395) (372) (347)
Other - net 23 11 11
Total Financing Activities 3,584 (1,028) (3,225)
Increase (decrease) in cash and cash equivalents (431) (9) 245
Cash and cash equivalents - beginning of year 1,046 1,055 810
Cash and cash equivalents - end of year 615 1,046 1,055
Cash paid for interest and income taxes were as follows:      
Interest 418 453 522
Income taxes $ 513 $ 604 $ 1,011