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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2018
Jun. 30, 2017
Current assets    
Cash and cash equivalents $ 1,174 $ 418
Receivables, net 595 565
Inventories, net 508 459
Prepaid expenses and other current assets 96 72
Total current assets 2,373 1,514
Property, plant and equipment, net of accumulated depreciation and amortization of $2,055 and $2,001, respectively 933 931
Goodwill 1,200 1,196
Trademarks, net 655 654
Other intangible assets, net 63 68
Other assets 220 210
Total assets 5,444 4,573
Current liabilities    
Notes and loans payable 1,066 404
Current maturities of long-term debt 0 400
Accounts payable and accrued liabilities 947 1,005
Income taxes payable 0 0
Total current liabilities 2,013 1,809
Long-term debt 1,789 1,391
Other liabilities 778 770
Deferred income taxes 27 61
Total liabilities 4,607 4,031
Commitments and contingencies
Stockholders’ equity    
Preferred stock: $1.00 par value; 5,000,000 shares authorized; none issued or outstanding 0 0
Common stock: $1.00 par value; 750,000,000 shares authorized; 158,741,461 shares issued as of March 31, 2018 and June 30, 2017; and 129,489,382 and 129,014,172 shares outstanding as of March 31, 2018 and June 30, 2017, respectively 159 159
Additional paid-in capital 956 928
Retained earnings 2,704 2,440
Treasury shares, at cost: 29,252,079 and 29,727,289 shares as of March 31, 2018 and June 30, 2017, respectively (2,457) (2,442)
Accumulated other comprehensive net (losses) income (525) (543)
Stockholders’ equity 837 542
Total liabilities and stockholders’ equity $ 5,444 $ 4,573