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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Statement of Cash Flows [Abstract]    
Cash and Cash Equivalents, Beginning of Period $ 7,102 $ 6,836
Operating Activities    
Net Earnings 2,757 2,635
Depreciation and Amortization 728 731
Share-based Compensation Expense 44 67
Deferred Income Taxes (177) 89
Gain on Sale of Businesses (75) (7)
Goodwill and Intangible Asset Impairment Charges 0 402
Changes In:    
Accounts Receivable (424) (368)
Inventories (287) (519)
Accounts Payable, Accrued and Other Liabilities 298 298
Other Operating Assets and Liabilities 135 141
Other Noncash Expense 26 69
Total Operating Activities 3,025 3,538
Investing Activities    
Capital Expenditures (684) (532)
Proceeds from Asset Sales 183 38
Acquisitions, Net of Cash Acquired (14) 0
Purchases of Short-term Investments (631) (494)
Proceeds from Sales of Short-term Investments 243 418
Cash Transferred to Discontinued Beauty Business (348) 0
Restricted Cash Related to Beauty Brands Divestiture (874) 0
Change in Other Investments 4 24
Total Investing Activites (2,121) (546)
Financing Activities    
Dividends to Shareholders (1,851) (1,865)
Change in Short-term Debt 1,519 450
Additions to Long-term Debt 891 0
Reductions of Long-term Debt (1,001) (537)
Treasury Stock Purchases (1,002) (502)
Impact of Stock Options and Other 937 483
Total Financing Activities (507) (1,971)
Effect of Exchange Rate on Cash and Cash Equivalents (43) (152)
Change in Cash and Cash Equivalents 354 869
Cash and Cash Equivalents, End of Period $ 7,456 $ 7,705