CASH FLOWS STATEMENTS - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Operations
Net income	$ 10,678	$ 8,824
Adjustments to reconcile net income to net cash from operations:
Depreciation, amortization, and other	2,971	2,837
Stock-based compensation expense	1,262	1,107
Net recognized losses (gains) on investments and derivatives	11	(240)
Deferred income taxes	(177)	(247)
Changes in operating assets and liabilities:
Accounts receivable	10,090	9,194
Inventories	(561)	(956)
Other current assets	(438)	(677)
Other long-term assets	(333)	21
Accounts payable	(547)	(395)
Unearned revenue	(2,892)	(2,441)
Income taxes	(3,336)	(1,091)
Other current liabilities	(3,320)	(2,322)
Other long-term liabilities	410	43
Net cash from operations	13,818	13,657
Financing
Repayments of debt	(2,500)	0
Common stock issued	427	360
Common stock repurchased	(4,912)	(3,744)
Common stock cash dividends paid	(3,510)	(3,220)
Other, net	286	(780)
Net cash used in financing	(10,209)	(7,384)
Investing
Additions to property and equipment	(3,385)	(3,602)
Acquisition of companies, net of cash acquired, and purchases of intangible and other assets	(462)	(245)
Purchases of investments	(23,390)	(19,551)
Maturities of investments	19,082	5,214
Sales of investments	6,379	15,231
Net cash used in investing	(1,776)	(2,953)
Effect of foreign exchange rates on cash and cash equivalents	(72)	(129)
Net change in cash and cash equivalents	1,761	3,191
Cash and cash equivalents, beginning of period	11,356	11,946
Cash and cash equivalents, end of period	$ 13,117	$ 15,137