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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 783,498 $ 839,192 [1],[2]
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 154,455 131,113
Amortization 229,270 158,512
Share incentive plan compensation 89,709 79,385
Deferred income taxes 131,479 (60,928)
Foreign currency transaction loss (gain) 59,083 (17,487)
Gain on disposal of property, plant and equipment (2,551) (7,880)
Gain on sale of businesses (377,251) (1,520)
Gain on marketable securities (1,354) (4,948)
Gain on investments (2,929) (1,487)
Other 12,575 55,496
Changes in assets and liabilities, net of effect of acquisitions and divestitures:    
Accounts receivable, net 159,576 149,155
Inventories (56,464) (243,309)
Prepaid expenses and other (150,547) (21,509)
Other assets (166,192) (22,934)
Accounts payable, trade 9,104 (53,327)
Accrued payrolls and other compensation (112,899) (165,581)
Accrued domestic and foreign taxes 3,214 62,905
Other accrued liabilities 247,574 139,773
Pensions and other postretirement benefits 74,654 (8,759)
Other liabilities (7,870) (393)
Net cash provided by operating activities 1,076,134 1,005,469
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisitions (net of cash of $89,704 in 2022) (7,146,110) 0
Capital expenditures (185,704) (105,606)
Proceeds from sale of property, plant and equipment 11,632 22,392
Proceeds from sale of businesses 447,300 2,466
Purchases of marketable securities and other investments (25,198) (10,150)
Maturities and sales of marketable securities and other investments 30,594 13,742
Payments of deal-contingent forward contracts (1,405,418) 0
Other 251,174 2,789
Net cash used in investing activities (8,021,730) (74,367)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of stock options 1,124 2,201
Payments for common shares (121,068) (319,713)
Proceeds from notes payable, net 235,052 1,899,247
Proceeds from long-term borrowings 2,011,948 10,666
Payments for long-term borrowings (710,789) (9,069)
Financing fees paid (8,911) (52,108)
Dividends paid (342,360) (265,556)
Net cash provided by financing activities 1,064,996 1,265,668
Effect of exchange rate changes on cash (11,221) 6,978
Net (decrease) increase in cash, cash equivalents and restricted cash (5,891,821) 2,203,748
Cash, cash equivalents and restricted cash at beginning of year 6,647,876 733,117
Cash, cash equivalents and restricted cash at end of period $ 756,055 $ 2,936,865
[1] *Prior period amounts have been reclassified to reflect the income statement reclassification as described in Note 1.
[2] *Prior period amounts have been reclassified to reflect the income statement reclassification as described in Note 1.