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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2017
Cash Flows From Operating Activities      
Net Income $ 1,512,931 $ 1,061,315 $ 983,844
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 225,675 237,806 202,868
Amortization 210,514 228,279 152,361
Stock incentive plan compensation 104,078 118,831 80,339
Deferred income taxes 32,537 (41,412) 37,024
Foreign currency transaction loss 5,888 7,284 8,060
Loss (gain) on sale of plant and equipment 5,091 (24,422) 1,494
Loss (gain) on sale of businesses 5,854 19,666 (41,285)
(Gain) loss on sale and impairment of investments (16,749) 41,219 0
Loss (gain) on sale of marketable securities 7,563 (2) (1,032)
Changes in assets and liabilities, net of effects from acquisitions:      
Accounts receivable 2,452 (301,978) (95,347)
Inventories (51,817) (92,209) (73,673)
Prepaid expenses (33,335) (16,206) 2,410
Other assets 2,677 (16,880) (5,795)
Accounts payable, trade (12,397) 125,907 174,761
Accrued payrolls and other compensation 2,088 (4,614) 5,922
Accrued domestic and foreign taxes (30,593) 44,019 18,165
Other accrued liabilities 16,698 (5,567) (59,738)
Pensions and other postretirement benefits (168,368) 31,239 (103,866)
Other liabilities (90,647) 184,425 14,051
Net cash provided by operating activities 1,730,140 1,596,700 1,300,563
Cash Flows From Investing Activities      
Acquisitions (net of cash acquired of $690 in 2019 and $157,426 in 2017) (2,042) 0 (4,069,197)
Capital expenditures (195,089) (247,667) (203,748)
Proceeds from sale of plant and equipment 46,592 81,881 14,648
Proceeds from sale of businesses 19,678 177,741 85,610
Purchase of marketable securities and other investments (181,780) (80,607) (465,666)
Maturities and sales of marketable securities and other investments 74,908 83,905 1,279,318
Other 19,223 8,424 (4,205)
Net cash (used in) provided by investing activities (218,510) 23,677 (3,363,240)
Cash Flows From Financing Activities      
Proceeds from exercise of stock options 2,475 3,682 2,202
Payments for common shares (860,052) (381,041) (338,078)
Proceeds from notes payable, net 48,828 4,115 230,499
Proceeds from long-term borrowings 2,336,749 1,189 2,614,463
Payments for long-term borrowings (213,226) (944,629) (381,078)
Dividends paid (412,468) (365,288) (345,380)
Net cash provided by (used in) financing activities 902,306 (1,681,972) 1,782,628
Effect of exchange rate changes on cash (16,306) (1,154) (56,718)
Net increase (decrease) in cash and cash equivalents 2,397,630 (62,749) (336,767)
Cash and cash equivalents at beginning of year 822,137 884,886 1,221,653
Cash and cash equivalents at end of year 3,219,767 822,137 884,886
Cash paid during the year for:      
Interest 169,378 200,860 131,937
Income taxes $ 454,699 $ 408,765 $ 268,127