Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2016	Jun. 30, 2016
Current assets:
Cash and equivalents	$ 1,881	$ 2,356
Trade receivables, net	7,533	7,405
Inventories, net	11,915	10,615
Prepaid expenses and other	1,824	1,580
Total current assets	23,153	21,956
Property and equipment, net	1,856	1,796
Goodwill and other intangibles, net	9,276	9,426
Other assets	736	944
Total assets	35,021	34,122
Current liabilities:
Accounts payable	18,857	17,306
Current portion of long-term obligations and other short-term borrowings	603	587
Other accrued liabilities	1,554	1,808
Total current liabilities	21,014	19,701
Long-term obligations, less current portion	4,859	4,952
Deferred income taxes and other liabilities	2,692	2,781
Redeemable noncontrolling interests	115	117
Preferred shares, without par value:
Authorized—500 thousand shares, Issued—none	0	0
Common shares, without par value:
Authorized—755 million shares, Issued—327 million shares and 364 million shares at December 31, 2016 and June 30, 2016, respectively	2,672	3,010
Retained earnings	4,604	6,419
Common Shares in treasury, at cost: 11 million shares and 42 million shares at December 31, 2016 and June 30 2016, respectively	(783)	(2,759)
Accumulated other comprehensive loss	(170)	(116)
Total Cardinal Health, Inc. shareholders' equity	6,323	6,554
Noncontrolling interests	18	17
Total shareholders’ equity	6,341	6,571
Total liabilities, redeemable noncontrolling interests and shareholders’ equity	$ 35,021	$ 34,122