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CASH FLOWS STATEMENTS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Operations        
Net income $ 18,299 $ 16,728 $ 52,280 $ 55,998
Adjustments to reconcile net income to net cash from operations:        
Depreciation, amortization, and other 3,549 3,773 9,987 10,481
Stock-based compensation expense 2,465 1,906 7,195 5,505
Net recognized losses (gains) on investments and derivatives (40) 105 152 (566)
Deferred income taxes (1,675) (198) (4,171) (5,985)
Changes in operating assets and liabilities:        
Accounts receivable (1,408) 857 7,157 5,800
Inventories 106 (279) 868 (662)
Other current assets 1,152 91 428 1,861
Other long-term assets (554) (724) (1,285) (2,230)
Accounts payable (407) 520 (4,032) 284
Unearned revenue (181) (209) (8,689) (7,437)
Income taxes 1,414 1,091 (1,039) 1,687
Other current liabilities 1,715 1,287 (490) (1,111)
Other long-term liabilities 6 438 451 781
Net cash from operations 24,441 25,386 58,812 64,406
Financing        
Repayments of debt 0 (4,197) (1,750) (9,023)
Common stock issued 536 477 1,354 1,380
Common stock repurchased (5,509) (8,822) (16,541) (23,939)
Common stock cash dividends paid (5,059) (4,645) (14,746) (13,503)
Other, net (258) (158) (839) (522)
Net cash used in financing (10,290) (17,345) (32,522) (45,607)
Investing        
Additions to property and equipment (6,607) (5,340) (19,164) (17,015)
Acquisition of companies, net of cash acquired, and purchases of intangible and other assets (301) (18,719) (1,329) (20,775)
Purchases of investments (9,063) (8,723) (25,675) (21,537)
Maturities of investments 13,154 1,099 26,744 15,214
Sales of investments 1,239 16,693 8,725 25,218
Other, net (1,686) (1,181) (2,847) (1,687)
Net cash used in investing (3,264) (16,171) (13,546) (20,582)
Effect of foreign exchange rates on cash and cash equivalents 29 24 (113) 57
Net change in cash and cash equivalents 10,916 (8,106) 12,631 (1,726)
Cash and cash equivalents, beginning of period 15,646 20,604 13,931 14,224
Cash and cash equivalents, end of period $ 26,562 $ 12,498 $ 26,562 $ 12,498