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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR $ 5,947 $ 4,436 $ 2,768
OPERATING ACTIVITIES      
Net earnings 11,785 11,402 10,904
Depreciation and amortization 3,141 2,982 3,204
Share-based compensation expense 360 346 377
Deferred income taxes (44) (307) (65)
Gain on sale of businesses (154) (916) (2,106)
Goodwill and Indefinite-lived Intangibles Impairment Charges 0 308 1,576
Change in accounts receivable 87 (415) (427)
Change in inventories 8 (225) 77
Change in accounts payable, accrued and other liabilities 1 1,253 (22)
Change in other operating assets and liabilities (1,557) 68 (444)
Other 331 377 210
TOTAL OPERATING ACTIVITIES 13,958 14,873 13,284
INVESTING ACTIVITIES      
Capital expenditures (3,848) (4,008) (3,964)
Proceeds from asset sales 570 584 2,893
Acquisitions, net of cash acquired (24) (1,145) (134)
Purchases of available-for-sale investment securities (568) (1,605) 0
Proceeds from sales of available-for-sale investment securities 24 0 0
Change in investments (261) (121) 112
TOTAL INVESTING ACTIVITIES (4,107) (6,295) (1,093)
FINANCING ACTIVITIES      
Dividends to shareholders (6,911) (6,519) (6,139)
Change in short-term debt 3,304 3,406 (3,412)
Additions to long-term debt 4,334 2,331 3,985
Reductions of long-term debt (4,095) (3,752) (2,549)
Treasury stock purchases (6,005) (5,986) (4,024)
Impact of stock options and other 2,094 3,449 1,729
TOTAL FINANCING ACTIVITIES (7,279) (7,071) (10,410)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 39 4 (113)
CHANGE IN CASH AND CASH EQUIVALENTS 2,611 1,511 1,668
CASH AND CASH EQUIVALENTS, END OF YEAR 8,558 5,947 4,436
Cash payments for:      
Interest 686 683 740
Income Taxes $ 3,320 $ 3,780 $ 4,348