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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions
3 Months Ended
Sep. 30, 2011
Sep. 30, 2010
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD$ 2,768$ 2,879
OPERATING ACTIVITIES  
Net earnings3,0243,081
Depreciation and amortization743689
Share-based compensation expense8087
Deferred income taxes12648
(Gain)/loss on sale of businesses(2)2
Changes in:  
Accounts receivable(639)(434)
Inventories(927)(604)
Accounts payable, accrued and other liabilities(479)(303)
Other operating assets and liabilities19919
Other42(133)
TOTAL OPERATING ACTIVITIES2,1672,452
INVESTING ACTIVITIES  
Capital expenditures(833)(519)
Proceeds from asset sales514
Acquisitions, net of cash acquired(6)(398)
Change in investments(25)(25)
TOTAL INVESTING ACTIVITIES(859)(928)
FINANCING ACTIVITIES  
Dividends to shareholders(1,503)(1,422)
Change in short-term debt1,2172,412
Additions to long-term debt1,9881
Reductions of long-term debt(1,013)(18)
Treasury stock purchases(1,261)(3,010)
Impact of stock options and other153136
TOTAL FINANCING ACTIVITIES(419)(1,901)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS(75)101
CHANGE IN CASH AND CASH EQUIVALENTS814(276)
CASH AND CASH EQUIVALENTS, END OF PERIOD$ 3,582$ 2,603