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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2015
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR $ 7,102 $ 6,836 $ 8,548
OPERATING ACTIVITIES      
Net Earnings 15,411 10,604 7,144
Depreciation, Depletion and Amortization 2,820 3,078 3,134
Gain (Loss) on Extinguishment of Debt 543 0 0
Share-based Compensation 351 335 337
Deferred Income Tax Expense (Benefit) (601) (815) (803)
Gain (Loss) on Disposition of Business (5,490) (41) (766)
Venezuela Deconsolidation Charge 0 0 2,028
Goodwill and Indefinite-lived Intangibles Impairment Charges Including Disc Ops 0 450 2,174
Increase (Decrease) in Accounts Receivable (322) 35 349
Increase (Decrease) in Inventories 71 116 313
Increase (Decrease) in Accounts Payable and Accrued Liabilities (149) 1,285 928
Increase (Decrease) in Other Operating Assets and Liabilities, Net (43) 204 (976)
Other Noncash Expense 162 184 746
Net Cash Provided by (Used in) Operating Activities 12,753 15,435 14,608
INVESTING ACTIVITIES      
Payments to Acquire Property, Plant, and Equipment (3,384) (3,314) (3,736)
Proceeds from Sale of Productive Assets 571 432 4,498
Cash Related to Venezuela Deconsolidation 0 0 (908)
Payments to Acquire Businesses, Net of Cash Acquired (16) (186) (137)
Payments to Acquire Short-term Investments (4,843) (2,815) (3,647)
Proceeds from Sale of Short-term Investments 1,488 1,354 1,203
Increase (Decrease) in Restricted Cash (874) (996) 0
Cash Provided by (Used in) Investing Activities, Discontinued Operations (475) 0 0
Decrease in Restricted Cash 1,870 0 0
Cash Divested from Divested Businesses, Investing Activities 0 (143) 0
Payments for (Proceeds from) Investments (26) 93 (163)
Net Cash Provided by (Used in) Investing Activities (5,689) (5,575) (2,890)
FINANCING ACTIVITIES      
Payments of Dividends (7,236) (7,436) (7,287)
Proceeds from (Repayments of) Short-term Debt 2,727 (418) (2,580)
Proceeds from Issuance of Long-term Debt 3,603 3,916 2,138
Repayments of Long-term Debt (4,931) [1] (2,213) (3,512)
Payments for Repurchase of Common Stock (5,204) (4,004) (4,604)
Cash Divested from Divested Businesses, Financing Activities 0 (1,730) 0
Proceeds From Stock Options Exercised And Other Financing Activities 2,473 2,672 2,826
Net Cash Provided by (Used in) Financing Activities (8,568) (9,213) (13,019)
Effect of Exchange Rate on Cash and Cash Equivalents (29) (381) (411)
Cash and Cash Equivalents, Period Increase (Decrease) (1,533) 266 (1,712)
CASH AND CASH EQUIVALENTS, END OF YEAR 5,569 7,102 6,836
SUPPLEMENTAL DISCLOSURE      
Interest Paid 518 569 678
Income Taxes Paid $ 3,714 $ 3,730 $ 4,558
[1] Includes $543 of costs related to early extinguishment of debt.