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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning Balance $ 7,214 $ 10,288 $ 16,181
OPERATING ACTIVITIES      
Net Earnings 14,738 14,793 14,352
Depreciation, Depletion and Amortization 2,714 2,807 2,735
Gain (Loss) on Extinguishment of Debt 0 0 512
Share-based Payment Arrangement, Noncash Expense 545 528 540
Deferred Income Tax Expense (Benefit) (453) (402) (258)
Gain (Loss) on Disposition of Assets 40 85 16
Increase (Decrease) in Accounts Receivable (307) (694) (342)
Increase (Decrease) in Inventories (119) (1,247) (309)
Increase (Decrease) in Accounts Payable and Accrued Liabilities 313 1,429 1,391
Increase (Decrease) in Other Operating Assets and Liabilities, Net (1,107) (635) (369)
Other Noncash Expense 564 229 135
Net Cash Provided by (Used in) Operating Activities 16,848 16,723 18,371
INVESTING ACTIVITIES      
Payments to Acquire Property, Plant, and Equipment (3,062) (3,156) (2,787)
Proceeds from Sale of Productive Assets 46 110 42
Payments to Acquire Businesses, Net of Cash Acquired (765) (1,381) (34)
Payments for (Proceeds from) Investments 281 3 (55)
Net Cash Provided by (Used in) Investing Activities (3,500) (4,424) (2,834)
FINANCING ACTIVITIES      
Payments of Dividends (8,999) (8,770) (8,263)
Proceeds from Short-term Debt, Maturing in More than Three Months 17,168 10,411 7,675
Repayments of Short-term Debt, Maturing in More than Three Months (13,031) (11,478) (7,577)
Proceeds from (Repayments of) Short-term Debt, Maturing in Three Months or Less (3,319) 917 (3,431)
Proceeds from Issuance of Long-term Debt 3,997 4,385 4,417
Repayments of Long-term Debt [1] (1,878) (2,343) (4,987)
Payments for Repurchase of Common Stock (7,353) (10,003) (11,009)
Proceeds From Stock Options Exercised And Other Financing Activities 1,269 2,005 1,644
Net Cash Provided by (Used in) Financing Activities (12,146) (14,876) (21,531)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (170) (497) 101
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1,032 (3,074) (5,893)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Ending Balance 8,246 7,214 10,288
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]      
Interest Paid, Including Capitalized Interest, Operating and Investing Activities 721 451 531
Income Taxes Paid $ 4,278 $ 3,818 $ 3,822
[1] Includes early extinguishment of debt costs of $512 in 2021.