XML 57 R7.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities:    
Net (loss) income $ (1,144) $ 270
Adjustments to reconcile net (loss) income to cash provided by operating activities:    
Depreciation and amortization 484 494
Operating lease expense 128 0
Equity losses of affiliates 12 13
Cash distributions received from affiliates 7 30
Impairment charges 1,398 9
Other, net (19) (30)
Deferred income taxes and taxes payable (67) 22
Change in operating assets and liabilities, net of acquisitions:    
Receivables and other assets (1,593) 37
Inventories, net (47) (74)
Accounts payable and other liabilities 1,303 (110)
Net cash provided by operating activities 462 661
Investing activities:    
Capital expenditures (335) (417)
Acquisitions, net of cash acquired (2) (187)
Investments in equity affiliates and other 4 (36)
Proceeds from business dispositions (7) 50
Proceeds from property, plant and equipment and other asset dispositions 10 49
Other, net 3 18
Net cash used in investing activities (327) (523)
Financing activities:    
Borrowings 925 450
Repayment of borrowings (1,161) (801)
Dividends paid (100) (102)
Other, net (5) (48)
Net cash used in financing activities (341) (501)
Net change in cash and cash equivalents, including cash classified within current assets held for sale (206) (363)
Less: Net change in cash classified within current assets held for sale (10) 0
Cash and cash equivalents, beginning of period 1,643 2,034
Exchange movement on opening cash balance (39) (23)
Cash and cash equivalents, end of period $ 1,388 $ 1,648