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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities    
Net income $ 1,653 $ 1,647
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 177 177
Amortization 288 278
Stock-based compensation expense 108 106
Deferred income taxes (9) 50
Gain on property, plant and equipment (8) (7)
Gain on sale of businesses (1) (250)
Other, net (19) 12
Changes in assets and liabilities, net of effect of acquisitions and divestitures:    
Accounts receivable, net 230 362
Inventories (236) (138)
Prepaid expenses (99) 3
Other current assets (29) (5)
Other long-term assets (36) (53)
Accounts payable, trade (103) (153)
Accrued payrolls and other compensation (112) (145)
Other current liabilities (161) (147)
Pensions and other postretirement benefits (25) (17)
Other long-term liabilities 26 (41)
Net cash provided by operating activities 1,644 1,679
Cash flows from investing activities    
Acquisitions, net of cash acquired (1,013) 0
Capital expenditures (183) (216)
Proceeds from sale of property, plant and equipment 32 13
Proceeds from sale of businesses 1 622
Other, net 17 (7)
Net cash (used in) provided by investing activities (1,146) 412
Cash flows from financing activities    
Payments for common shares (667) (192)
Proceeds from (payments for) notes payable, net 595 (505)
Proceeds from long-term borrowings 12 12
Payments for long-term borrowings (12) (1,001)
Dividends paid (456) (420)
Other, net (1) 2
Net cash used in financing activities (529) (2,104)
Effect of exchange rate changes on cash (9) (13)
Net decrease in cash and cash equivalents (40) (26)
Cash and cash equivalents at beginning of year 467 422
Cash and cash equivalents at end of period $ 427 $ 396