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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
[1],[2],[3],[4],[5],[6],[7]
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 1,187,280 $ 1,241,892
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 194,945 204,615
Amortization 237,377 244,193
Share incentive plan compensation 109,781 101,907
Deferred income taxes (174,270) (11,824)
Foreign currency transaction gain (26,970) (8,239)
Gain on disposal of property, plant and equipment (6,782) (108,449)
Gain on sale of business (1,472) 0
Loss (gain) on marketable securities 2,280 (8,489)
Gain on investments (2,024) (6,008)
Other 66,386 11,149
Changes in assets and liabilities:    
Accounts receivable, net (163,900) (238,882)
Inventories (274,717) (52,398)
Prepaid expenses and other 24,061 24,757
Other assets (17,317) (22,191)
Accounts payable, trade 91,531 417,196
Accrued payrolls and other compensation (80,483) (2,645)
Accrued domestic and foreign taxes 44,266 4,768
Other accrued liabilities 372,491 17,396
Pensions and other postretirement benefits (20,460) 32,418
Other liabilities (13,565) 40,239
Net cash provided by operating activities 1,548,438 1,881,405
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (158,864) (136,064)
Proceeds from sale of property, plant and equipment 29,320 132,740
Proceeds from sale of businesses 3,366 0
Purchases of marketable securities and other investments (20,012) (30,608)
Maturities and sales of marketable securities and other investments 17,662 71,225
Other 2,766 14,120
Net cash (used in) provided by investing activities (125,762) 51,413
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of stock options 2,566 4,012
Payments for common shares (374,996) (129,531)
Proceeds from (payments for) notes payable, net 1,621,483 (539,500)
Proceeds from long-term borrowings 10,667 2,016
Payments for long-term borrowings (9,708) (1,211,334)
Financing fees paid (52,655) 0
Dividends paid (398,099) (341,333)
Net cash provided by (used in) financing activities 799,258 (2,215,670)
Effect of exchange rate changes on cash 106 86,938
Net increase (decrease) in cash, cash equivalents and restricted cash 2,222,040 (195,914)
Cash, cash equivalents and restricted cash at beginning of year 733,117 685,514
Cash, cash equivalents and restricted cash at end of period $ 2,955,157 $ 489,600
[1] *Prior period has been adjusted to reflect the change in inventory accounting method, as described in the Company's fiscal 2021 Annual Report on Form 10-K.
[2] *Prior period has been adjusted to reflect the change in inventory accounting method, as described in the Company's fiscal 2021 Annual Report on Form 10-K.
[3] *Prior period has been adjusted to reflect the change in inventory accounting method, as described in the Company's fiscal 2021 Annual Report on Form 10-K.
[4] *Prior period has been adjusted to reflect the change in inventory accounting method, as described in the Company's fiscal 2021 Annual Report on Form 10-K.
[5] *Prior period has been adjusted to reflect the change in inventory accounting method, as described in the Company's fiscal 2021 Annual Report on Form 10-K.
[6] *Prior period has been adjusted to reflect the change in inventory accounting method, as described in the Company's fiscal 2021 Annual Report on Form 10-K.
[7] *Prior period has been adjusted to reflect the change in inventory accounting method, as described in the Company's fiscal 2021 Annual Report on Form 10-K.