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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating Activities    
Net income $ 884 $ 1,219
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 459 451
Goodwill impairment charge 290 0
Deferred taxes (90) 23
Share-based compensation expense 79 78
Charges associated with last-in-first-out inventory method 4 182
Loss (gain) from sale of businesses 113 (102)
Other non-cash items 5 7
Changes in operating assets and liabilities, net of acquisitions:    
Receivables (657) (1,037)
Inventories 162 (1,469)
Drafts and accounts payable 2,172 1,960
Deferred revenue (254) (258)
Taxes 151 203
Other (390) (6)
Net cash provided by operating activities 2,928 1,251
Investing Activities    
Payments for property, plant and equipment (151) (178)
Capitalized software expenditures (89) (96)
Acquisitions, net of cash and cash equivalents acquired (2,041) (11)
Proceeds from/(payment for) sale of businesses, net (98) 204
Restricted cash for acquisitions 935 0
Other 98 12
Net cash used in investing activities (1,346) (69)
Financing Activities    
Proceeds from short-term borrowings 10 1,501
Repayments of short-term borrowings (17) (1,501)
Repayments of long-term debt (6) (498)
Common stock transactions:    
Issuances 75 72
Share repurchases, including shares surrendered for tax withholding (58) (605)
Dividends paid (129) (114)
Other 11 (45)
Net cash used in financing activities (114) (1,190)
Effect of exchange rate changes on cash and cash equivalents (52) 26
Net increase in cash and cash equivalents 1,416 18
Cash and cash equivalents at beginning of period 4,048 5,341
Cash and cash equivalents at end of period $ 5,464 $ 5,359