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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Statement of Cash Flows [Abstract]    
Cash and Cash Equivalents, Beginning of Period $ 5,569 $ 7,102
Operating Activities    
Net Earnings 7,971 13,209
Depreciation and Amortization 2,084 2,100
Gain (Loss) on Extinguishment of Debt 0 543
Share-based Compensation Expense 249 197
Deferred Income Taxes (1,826) (382)
Gain (Loss) on Disposition of Assets (187) (5,452)
Changes In:    
Accounts Receivable (450) (159)
Inventories (457) (145)
Accounts Payable, Accrued and Other Liabilities 752 (1,113)
Other Operating Assets and Liabilities 2,331 219
Other Noncash Expense 201 48
Total Operating Activities 10,668 9,065
Investing Activities    
Capital Expenditures (2,810) (2,230)
Proceeds from Asset Sales 246 411
Acquisitions, Net of Cash Acquired (108) (16)
Purchases of Short-term Investments (3,770) (3,369)
Proceeds from Sales of Short-term Investments 2,790 834
Increase (Decrease) in Restricted Cash 0 (874)
Cash Transferred to Discontinued Beauty Business 0 (475)
Decrease in Restricted Cash 0 1,870
Change in Other Investments 44 26
Total Investing Activites (3,608) (3,823)
Financing Activities    
Dividends to Shareholders (5,449) (5,410)
Change in Short-term Debt (1,259) 3,556
Additions to Long-term Debt 5,072 2,641
Reductions of Long-term Debt (1,402) (5,020) [1]
Treasury Stock Purchases (5,634) (4,504)
Impact of Stock Options and Other 1,158 2,398
Total Financing Activities (7,514) (6,339)
Effect of Exchange Rate on Cash and Cash Equivalents 211 (188)
Change in Cash and Cash Equivalents (243) (1,285)
Cash and Cash Equivalents, End of Period $ 5,326 $ 5,817
[1] Includes $543 of costs related to early extinguishment of debt.