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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended 36 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2023
Cash flows from operating activities:        
Net earnings $ 262 $ (932) $ 612  
Adjustments to reconcile net earnings/(loss) to net cash provided by operating activities:        
Depreciation and amortization 692 692 783  
Impairments and loss on sale of other investments 7 24 0  
Impairments and (gain)/loss on disposal of assets, net 1,250 2,050 79  
(Gain)/Loss on sale of equity interest in naviHealth 0 2 (2)  
Loss on early extinguishment of debt 0 10 14  
Share-based compensation 96 81 89  
Provision for/(benefit from) deferred income taxes (31) 7 496  
Provision for bad debts 99 68 65  
Change in operating assets and liabilities, net of effects from acquisitions and divestitures:        
Increase in trade receivables (947) (1,526) (904)  
Increase in inventories (340) (1,071) (1,584)  
Increase in accounts payable 2,718 3,428 2,325  
Other accrued liabilities and operating items, net (967) 293 452  
Net cash provided by operating activities 2,839 3,122 2,429  
Cash flows from investing activities:        
Additions to property and equipment (481) (387) (400)  
Proceeds from divestitures, net of cash sold 0 923 0  
Acquisition of subsidiaries, net of cash acquired (10) (22) (3)  
Proceeds from disposal of property and equipment 12 31 0  
Purchase of other investments (7) (78) (22)  
Proceeds from sale of investments 3 29 47  
Proceeds from net investment hedge terminations 29 71 0  
Net cash provided by/(used in) investing activities (454) 567 (378)  
Cash flows from financing activities:        
Purchase of noncontrolling interests 3 0 0  
Proceeds from interest rate swap terminations 0 0 18  
Reduction of long-term obligations (579) (885) (570)  
Net tax proceeds/(withholding) from share-based compensation 56 (19) 8  
Dividends on common shares (525) (559) (573)  
Purchase of treasury shares (2,000) (1,000) (200)  
Net cash used in financing activities (3,051) (2,463) (1,317)  
Effect of exchange rates changes on cash and equivalents (8) (25) 11  
Cash reclassified from/(to) assets held for sale 0 109 (109)  
Net increase/(decrease) in cash and equivalents (674) 1,310 636  
Cash and equivalents at beginning of period 4,717 3,407 2,771 $ 2,771
Cash and equivalents at end of period 4,043 4,717 3,407 $ 4,043
Supplemental Information:        
Cash payments for interest 203 153 182  
Net cash payments/(refunds) for income taxes $ 156 $ (766) $ 273