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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR $ 5,569 $ 7,102 $ 6,836
OPERATING ACTIVITIES      
Net Earnings 9,861 15,411 10,604
Depreciation, Depletion and Amortization 2,834 2,820 3,078
Gain (Loss) on Extinguishment of Debt 346 543 0
Share-based Compensation 395 351 335
Deferred Income Tax Expense (Benefit) (1,844) (601) (815)
Gain (Loss) on Disposition of Business (176) (5,490) (41)
Goodwill and Indefinite-lived Intangibles Impairment Charges Including Disc Ops 0 0 450
Increase (Decrease) in Accounts Receivable (177) (322) 35
Increase (Decrease) in Inventories (188) 71 116
Increase (Decrease) in Accounts Payable and Accrued Liabilities 1,385 (149) 1,285
Increase (Decrease) in Other Operating Assets and Liabilities, Net 2,000 (43) 204
Other Noncash Expense 431 162 184
Net Cash Provided by (Used in) Operating Activities 14,867 12,753 15,435
INVESTING ACTIVITIES      
Payments to Acquire Property, Plant, and Equipment (3,717) (3,384) (3,314)
Proceeds from Sale of Productive Assets 269 571 432
Payments to Acquire Businesses, Net of Cash Acquired (109) (16) (186)
Payments to Acquire Short-term Investments (3,909) (4,843) (2,815)
Proceeds from Sale of Short-term Investments 3,928 1,488 1,354
Increase (Decrease) in Restricted Cash 0 (874) (996)
Cash Provided by (Used in) Investing Activities, Discontinued Operations 0 (475) 0
Decrease in Restricted Cash 0 1,870 0
Cash Divested from Divested Businesses, Investing Activities 0 0 (143)
Payments for (Proceeds from) Investments 27 (26) 93
Net Cash Provided by (Used in) Investing Activities (3,511) (5,689) (5,575)
FINANCING ACTIVITIES      
Payments of Dividends (7,310) (7,236) (7,436)
Proceeds from (Repayments of) Short-term Debt (3,437) 2,727 (418)
Proceeds from Issuance of Long-term Debt 5,072 3,603 3,916
Repayments of Long-term Debt (2,873) [1] (4,931) [1] (2,213)
Payments for Repurchase of Common Stock (7,004) (5,204) (4,004)
Cash Divested from Divested Businesses, Financing Activities 0 0 (1,730)
Proceeds From Stock Options Exercised And Other Financing Activities 1,177 2,473 2,672
Net Cash Provided by (Used in) Financing Activities (14,375) (8,568) (9,213)
Effect of Exchange Rate on Cash and Cash Equivalents 19 (29) (381)
Cash and Cash Equivalents, Period Increase (Decrease) (3,000) (1,533) 266
CASH AND CASH EQUIVALENTS, END OF YEAR 2,569 5,569 7,102
SUPPLEMENTAL DISCLOSURE      
Interest Paid 529 518 569
Income Taxes Paid $ 2,830 $ 3,714 $ 3,730
[1] Includes early extinguishment of debt costs of $346 and $543 in 2018 and 2017, respectively.