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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning Balance $ 4,239 $ 2,569 $ 5,569
OPERATING ACTIVITIES      
Net Earnings 13,103 3,966 9,861
Depreciation, Depletion and Amortization 3,013 2,824 2,834
Gain (Loss) on Extinguishment of Debt 0 0 346
Share-based Payment Arrangement, Noncash Expense 558 515 395
Deferred Income Tax Expense (Benefit) (596) (411) (1,844)
Gain (Loss) on Disposition of Business 7 (678) (176)
Goodwill and Indefinite-lived Intangibles Impairment Charges Including Disc Ops 0 8,345 0
Increase (Decrease) in Accounts Receivable 634 (276) (177)
Increase (Decrease) in Inventories (637) (239) (188)
Increase (Decrease) in Accounts Payable and Accrued Liabilities 1,923 1,856 1,385
Increase (Decrease) in Other Operating Assets and Liabilities, Net (710) (973) 2,000
Other Noncash Expense 108 313 431
Net Cash Provided by (Used in) Operating Activities 17,403 15,242 14,867
INVESTING ACTIVITIES      
Payments to Acquire Property, Plant, and Equipment (3,073) (3,347) (3,717)
Proceeds from Sale of Productive Assets 30 394 269
Payments to Acquire Businesses, Net of Cash Acquired (58) (3,945) (109)
Payments to Acquire Short-term Investments 0 (158) (3,909)
Proceeds from Sale of Short-term Investments 6,151 3,628 3,928
Payments for (Proceeds from) Investments (5) (62) 27
Net Cash Provided by (Used in) Investing Activities 3,045 (3,490) (3,511)
FINANCING ACTIVITIES      
Payments of Dividends (7,789) (7,498) (7,310)
Proceeds from (Repayments of) Short-term Debt 2,345 (2,215) (3,437)
Proceeds from Issuance of Long-term Debt 4,951 2,367 5,072
Repayments of Long-term Debt [1] (2,447) (969) (2,873)
Payments for Repurchase of Common Stock (7,405) (5,003) (7,004)
Proceeds From Stock Options Exercised And Other Financing Activities 1,978 3,324 1,177
Net Cash Provided by (Used in) Financing Activities (8,367) (9,994) (14,375)
SUPPLEMENTAL DISCLOSURE      
Interest Paid, Including Capitalized Interest, Operating and Investing Activities 434 497 529
Income Taxes Paid 3,550 3,064 2,830
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (139) (88) 19
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 11,942 1,670 (3,000)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Ending Balance $ 16,181 $ 4,239 $ 2,569
[1] Includes early extinguishment of debt costs of $346 in 2018.