XML 34 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:      
Net earnings $ 259 $ 1,294 $ 1,431
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 1,032 717 641
Loss on extinguishment of debt 2 0 0
Loss on Sale of Investments 6 4 0
Impairments and (gain)/loss on disposal of assets, net 1,417 18 21
Share-based compensation 85 96 111
Provision for/(benefit from) deferred income taxes (1,012) 291 87
Provision for bad debts 111 63 73
Change in fair value of contingent consideration obligation (2) (5) (16)
Change in operating assets and liabilities, net of effects from acquisitions and divestitures:      
Increase in trade receivables (871) (665) (866)
Increase in inventories (1,211) (673) (1,179)
Increase in accounts payable 2,574 564 2,815
Other accrued liabilities and operating items, net 378 (520) (147)
Net cash provided by operating activities 2,768 1,184 2,971
Cash flows from investing activities:      
Acquisition of subsidiaries, net of cash acquired (6,142) (132) (3,614)
Additions to property and equipment (384) (387) (465)
Purchase of available-for-sale securities and other investments (9) (194) (200)
Proceeds from sale of available-for-sale securities and other investments 65 228 136
Proceeds from maturities of available-for-sale securities 0 77 50
Proceeds from divestitures, net of cash sold, and disposal of property and equipment 862 3 13
Net cash used in investing activities (5,608) (405) (4,080)
Cash flows from financing activities:      
Payment of contingent consideration obligation (35) (3) (25)
Net change in short-term borrowings (50) 3 26
Purchase of noncontrolling interests (106) (12) (10)
Reduction of long-term obligations (954) (310) (6)
Proceeds from interest rate swap terminations 0 14 0
Proceeds from long-term obligations, net of issuance costs 3 5,171 0
Net tax proceeds/(withholding) from share-based compensation (3) 26 6
Excess tax benefits from share-based compensation 0 34 33
Dividends on common shares (581) (577) (512)
Purchase of treasury shares (550) (600) (651)
Net cash provided by/(used in) financing activities (2,276) 3,746 (1,139)
Effect of exchange rates changes on cash and equivalents 4 (2) (12)
CashReclassifiedtoAssetsHeldforSale (4) 0 0
Net increase/(decrease) in cash and equivalents (5,116) 4,523 (2,260)
Cash and equivalents at beginning of period 6,879 2,356 4,616
Cash and equivalents at end of period 1,763 6,879 2,356
Supplemental Information:      
Cash payments for interest 320 200 174
Cash payments for income taxes $ 425 $ 686 $ 635