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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR $ 8,548 $ 5,930 $ 4,436
OPERATING ACTIVITIES      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 7,144 11,785 11,402
Depreciation and amortization 3,134 3,141 2,982
Share-based compensation expense 337 360 346
Deferred income taxes 803 44 307
Gain on sale of businesses (766) (154) (916)
Venezuela Deconsolidation Charge 2,028 0 0
Goodwill and Indefinite-lived Intangibles Impairment Charges Including Disc Ops 2,174 0 308
Change in accounts receivable 349 87 (415)
Change in inventories 313 8 (225)
Change in accounts payable, accrued and other liabilities 928 1 1,253
Change in other operating assets and liabilities (976) (1,557) 68
Other 746 331 377
TOTAL OPERATING ACTIVITIES 14,608 13,958 14,873
INVESTING ACTIVITIES      
Capital expenditures (3,736) (3,848) (4,008)
Proceeds from asset sales 4,498 577 567
Cash related to Venezuela deconsolidation (908) 0 0
Acquisitions, net of cash acquired (137) (24) (1,145)
Payments to Acquire Short-term Investments (3,647) (568) (1,605)
Proceeds from sales of available-for-sale investment securities 1,203 24 0
Change in investments (163) (261) (121)
TOTAL INVESTING ACTIVITIES (2,890) (4,100) (6,312)
FINANCING ACTIVITIES      
Dividends to shareholders (7,287) (6,911) (6,519)
Change in short-term debt (2,580) 3,304 3,406
Additions to long-term debt 2,138 4,334 2,331
Reductions of long-term debt (3,512) (4,095) (3,752)
Treasury stock purchases (4,604) (6,005) (5,986)
Impact of stock options and other 2,826 2,094 3,449
TOTAL FINANCING ACTIVITIES (13,019) (7,279) (7,071)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (411) 39 4
CHANGE IN CASH AND CASH EQUIVALENTS (1,712) 2,618 1,494
CASH AND CASH EQUIVALENTS, END OF YEAR 6,836 8,548 5,930
SUPPLEMENTAL DISCLOSURE      
Interest 678 686 683
Income Taxes $ 4,558 $ 3,320 $ 3,780