XML 41 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Mar. 31, 2012
Apr. 02, 2011
Cash flows from operating activities:    
Net earnings $ 812,316 $ 815,720
Adjustments to reconcile net earnings to cash provided by operating activities:    
Share-based compensation expense 54,328 48,518
Depreciation and amortization 304,966 298,307
Deferred income taxes (276,947) (244,658)
Provision for losses on receivables 29,663 35,624
Other non-cash items (1,267) (7,286)
Additional investment in certain assets and liabilities, net of effect of businesses acquired:    
(Increase) in receivables (225,668) (301,932)
(Increase) in inventories (167,964) (244,636)
(Increase) in prepaid expenses and other current assets (10,380) (7,486)
Increase in accounts payable 104,239 158,488
Increase (decrease) in accrued expenses 4,117 (83,826)
Increase in accrued income taxes 141,784 83,580
Decrease (increase) in other assets 67,443 (26,622)
Increase in other long-term liabilities 71,674 142,253
Excess tax benefits from share-based compensation arrangements (15) (285)
Net cash provided by operating activities 908,289 665,759
Cash flows from investing activities:    
Additions to plant and equipment (633,196) (454,054)
Proceeds from sales of plant and equipment 5,852 15,286
Acquisition of businesses, net of cash acquired (83,354) (35,486)
Maturities of short-term investments 0 24,713
(Increase) decrease in restricted cash (29,771) 14,000
Net cash used for investing activities (740,469) (435,541)
Cash flows from financing activities:    
Bank and commercial paper borrowings (repayments), net 211,267 188,249
Other debt borrowings 3,090 2,592
Other debt repayments (6,424) (6,516)
Debt issuance costs (977) (7)
Proceeds from common stock reissued from treasury for share-based compensation awards 82,545 103,328
Treasury stock purchases (272,299) (291,600)
Dividends paid (464,809) (445,406)
Excess tax benefits from share-based compensation arrangements 15 285
Net cash used for financing activities (447,592) (449,075)
Effect of exchange rates on cash (9,529) 19,082
Net (decrease) in cash and cash equivalents (289,301) (199,775)
Cash and cash equivalents at beginning of period 639,765 585,443
Cash and cash equivalents at end of period 350,464 385,668
Supplemental disclosures of cash flow information:    
Interest 109,618 111,924
Income taxes $ 617,640 $ 657,961