XML 34 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net earnings $ 310 $ 384
Adjustments to reconcile net earnings to net cash provided by/(used in) operating activities:    
Depreciation and amortization 173 137
Impairments and (gain)/loss on disposal of assets, net 3 0
Share-based compensation 23 30
Provision for bad debts 7 17
Change in fair value of contingent consideration obligation 0 (1)
Change in operating assets and liabilities, net of effects from acquisitions:    
Increase in trade receivables (306) (348)
Increase in inventories (298) (495)
Increase in accounts payable 279 425
Other accrued liabilities and operating items, net (87) (201)
Net cash provided by/(used in) operating activities 104 (52)
Cash flows from investing activities:    
Acquisition of subsidiaries, net of cash acquired (9) (1,399)
Additions to property and equipment (100) (83)
Purchase of available for sale securities and other investments (52) (26)
Proceeds from sale of available-for-sale securities and other investments 34 25
Proceeds from maturities of available-for-sale securities 17 5
Net cash used in investing activities (110) (1,478)
Cash flows from financing activities:    
Payment of contingent consideration obligation 0 23
Net change in short-term borrowings 25 36
Net purchase of noncontrolling interests (10) 0
Reduction of long-term obligations (1) (4)
Proceeds from interest rate swap terminations 14 0
Net tax withholdings from share-based compensation (9) (21)
Excess tax benefits from share-based compensation 30 31
Dividends on common shares (149) (131)
Payments for Repurchase of Common Stock (250)  
Treasury Stock, Value, Acquired, Cost Method   0
Net cash used in financing activities (350) (112)
Effect of exchange rates changes on cash and equivalents 1 0
Net decrease in cash and equivalents (355) (1,642)
Cash and equivalents at beginning of period 2,356 4,616
Cash and equivalents at end of period $ 2,001 $ 2,974