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Consolidated Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Jul. 03, 2010
Cash flows from operating activities:      
Net earnings $ 1,121,585 $ 1,152,030 $ 1,179,983
Adjustments to reconcile net earnings to cash provided by operating activities:      
Share-based compensation expense 70,319 59,235 66,358
Depreciation and amortization 416,943 402,588 389,976
Deferred income taxes (177,906) (165,239) (121,865)
Provision for losses on receivables 33,359 42,623 34,931
Other non-cash items (958) (9,454) 2,550
Additional investment in certain assets and liabilities, net of effect of businesses acquired:      
(Increase) in receivables (106,834) (252,641) (166,426)
(Increase) in inventories (99,218) (254,738) (106,172)
(Increase) decrease in prepaid expenses and other current assets (6,478) 341 (6,271)
Increase in accounts payable 30,335 187,410 154,811
Increase (decrease) in accrued expenses 41,429 (43,348) 58,002
Increase (decrease) in accrued income taxes 71,251 (44,202) (296,475)
Decrease (increase) in other assets 57,138 (26,966) (31,514)
(Decrease) increase in other long-term liabilities (46,770) 44,308 (271,692)
Excess tax benefits from share-based compensation arrangements (15) (429) (768)
Net cash provided by operating activities 1,404,180 1,091,518 885,428
Cash flows from investing activities:      
Additions to plant and equipment (784,501) (636,442) (594,604)
Proceeds from sales of plant and equipment 8,185 19,069 21,710
Acquisition of businesses, net of cash acquired (110,601) (101,148) (29,293)
Purchases of short-term investments 0 0 (85,071)
Maturities of short-term investments 0 24,993 61,568
(Increase) decrease in restricted cash (16,712) 13,972 (30,630)
Net cash used for investing activities (903,629) (679,556) (656,320)
Cash flows from financing activities:      
Bank and commercial paper borrowings (repayments), net (181,975) 181,975 0
Other debt borrowings 744,597 4,411 7,091
Other debt repayments (205,638) (8,732) (10,695)
Debt issuance costs (4,641) (7) (7)
Cash received from settlement of cash flow hedge 722 0 0
Proceeds from common stock reissued from treasury for share-based compensation awards 99,439 332,688 94,750
Treasury stock purchases (272,299) (291,600) (179,174)
Dividends paid (622,869) (597,071) (579,763)
Excess tax benefits from share-based compensation arrangements 15 429 768
Net cash used for financing activities (442,649) (377,907) (667,030)
Effect of exchange rates on cash (8,800) 20,267 4,714
Net increase (decrease) in cash and cash equivalents 49,102 54,322 (433,208)
Cash and cash equivalents at beginning of period 639,765 585,443 1,018,651
Cash and cash equivalents at end of period 688,867 639,765 585,443
Supplemental disclosures of cash flow information:      
Interest 114,067 119,050 127,411
Income taxes $ 772,493 $ 907,720 $ 1,141,963