XML 17 R6.htm IDEA: XBRL DOCUMENT v3.24.1.u1Close
Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 2,059,863 $ 1,374,458
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 257,700 234,649
Amortization 438,763 374,417
Stock incentive plan compensation 128,682 117,536
Deferred income taxes (37,682) 89,805
Foreign currency transaction (gain) loss (27,034) 54,927
Loss (gain) on property, plant and equipment and intangible assets 5,847 (1,270)
Gain on sale of businesses (23,667) (366,345)
Gain on marketable securities (55) (1,391)
Gain on investments (2,555) (4,341)
Other 18,992 18,890
Changes in assets and liabilities, net of effect of acquisitions and divestitures:    
Accounts receivable, net (96,390) (110,317)
Inventories (69,426) (27,491)
Prepaid expenses and other (10,698) (64,350)
Other assets (67,354) (194,069)
Accounts payable, trade (78,452) 118,756
Accrued payrolls and other compensation (134,459) (19,357)
Accrued domestic and foreign taxes (13,123) 36,208
Other accrued liabilities 23,380 141,891
Pensions and other postretirement benefits (87,911) 46,681
Other liabilities (137,344) (24,393)
Net cash provided by operating activities 2,147,077 1,794,894 Close
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisitions (net of cash of $89,704 in 2023) 0 (7,146,110)
Capital expenditures (283,328) (272,603)
Proceeds from sale of property, plant and equipment 8,905 11,821
Proceeds from sale of businesses 75,561 471,720
Purchases of marketable securities and other investments (10,091) (31,275)
Maturities and sales of marketable securities and other investments 8,664 35,075
Payments of deal-contingent forward contracts 0 (1,405,418)
Other 5,988 251,875
Net cash used in investing activities (194,301) (8,084,915) Close
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of stock options 3,196 2,820
Payments for common shares (240,885) (202,731)
Acquisition of noncontrolling interests (2,883) 0
(Payments for) proceeds from notes payable, net (941,135) 258,458
Proceeds from long-term borrowings 12,173 2,011,949
Payments for long-term borrowings (264,411) (1,363,596)
Financing fees paid 0 (8,911)
Dividends paid (571,583) (513,232)
Net cash (used in) provided by financing activities (2,005,528) 184,757 Close
Effect of exchange rate changes on cash (16,946) (7,781) Close
Net decrease in cash, cash equivalents and restricted cash (69,698) (6,113,045) Close
Cash, cash equivalents and restricted cash at beginning of year 475,182 6,647,876
Cash and cash equivalents at end of period $ 405,484 $ 534,831