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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 321,717 $ 339,041
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 66,739 54,856
Amortization 81,703 54,215
Share incentive plan compensation 58,461 52,633
Deferred income taxes 11,558 (15,548)
Foreign currency transaction gain (4,855) (1,232)
Gain on plant and equipment (498) (10,269)
(Gain) loss on marketable securities (340) 201
Gain on investments (970) (498)
Other 5,302 0
Changes in assets and liabilities, net of effects from acquisitions:    
Accounts receivable, net 15,532 213,203
Inventories 39,918 (24,108)
Prepaid expenses and other 53,129 15,617
Other assets (9,693) (10,902)
Accounts payable, trade 138,900 (135,569)
Accrued payrolls and other compensation (98,186) (118,326)
Accrued domestic and foreign taxes (2,209) 23,233
Other accrued liabilities 34,457 19,939
Pensions and other postretirement benefits 17,652 9,738
Other liabilities 9,057 (17,093)
Net cash provided by operating activities 737,374 449,131
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisitions (net of cash of $8,179 in 2019) 0 (1,696,456)
Capital expenditures (42,117) (50,345)
Proceeds from sale of plant and equipment 6,590 19,284
Purchases of marketable securities and other investments (10,726) (159,984)
Maturities and sales of marketable securities and other investments 49,107 26,477
Other 1,054 8,070
Net cash provided by (used in) investing activities 3,908 (1,852,954)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of stock options 989 912
Payments for common shares (22,739) (72,897)
Proceeds from notes payable, net 114,400 1,104,246
Proceeds from long-term borrowings 0 922,934
Payments for long-term borrowings (671,842) (3,466)
Dividends paid (113,542) (113,352)
Net cash (used in) provided by financing activities (692,734) 1,838,377
Effect of exchange rate changes on cash 8,332 (26,928)
Net increase in cash and cash equivalents 56,880 407,626
Cash and cash equivalents at beginning of year 685,514 3,219,767
Cash and cash equivalents at end of period $ 742,394 $ 3,627,393