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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Statement of Cash Flows [Abstract]    
Cash and Cash Equivalents, Beginning of Period $ 5,569 $ 7,102
Operating Activities    
Net Earnings 2,870 2,757
Depreciation and Amortization 692 728
Share-based Compensation Expense 84 44
Deferred Income Taxes 426 (177)
Gain (Loss) on Disposition of Assets (81) (75)
Changes In:    
Accounts Receivable (304) (424)
Inventories (357) (287)
Accounts Payable, Accrued and Other Liabilities 235 298
Other Operating Assets and Liabilities (30) 135
Other Noncash Expense 96 26
Total Operating Activities 3,631 3,025
Investing Activities    
Capital Expenditures (1,132) (684)
Proceeds from Asset Sales 120 183
Acquisitions, Net of Cash Acquired 0 (14)
Purchases of Short-term Investments (1,942) (631)
Proceeds from Sales of Short-term Investments 388 243
Cash Transferred to Discontinued Beauty Business 0 (348)
Increase (Decrease) in Restricted Cash 0 (874)
Change in Other Investments 32 4
Total Investing Activites (2,534) (2,121)
Financing Activities    
Dividends to Shareholders (1,823) (1,851)
Change in Short-term Debt 48 1,519
Additions to Long-term Debt 2,124 891
Reductions of Long-term Debt (151) (1,001)
Treasury Stock Purchases (2,502) (1,002)
Impact of Stock Options and Other 580 937
Total Financing Activities (1,724) (507)
Effect of Exchange Rate on Cash and Cash Equivalents 82 (43)
Change in Cash and Cash Equivalents (545) 354
Cash and Cash Equivalents, End of Period $ 5,024 $ 7,456