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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities    
Net earnings $ 1,159 $ 1,079
Adjustments to reconcile net earnings to net cash flows from operating activities:    
Depreciation and amortization 287 269
Deferred income taxes 7 (46)
Non-cash stock-based compensation 139 131
Net loss on disposal of property, plant and equipment 5 5
Pension and post-retirement benefit expense 41 35
Pension and post-retirement benefit contributions (33) (12)
Goodwill and other intangible asset impairments 777 38
Changes in fair value of contingent consideration (7) (9)
Gain on previously held equity method investment (553)  
Other non-cash items (10) (13)
Changes in operating assets and liabilities:    
Increase in accounts receivable, net (347) (343)
Decrease (increase) in inventory and promotional merchandise 31 (21)
Increase in other assets, net (120) (53)
Decrease in accounts payable (375) (174)
Increase in other accrued and noncurrent liabilities 252 387
Increase in operating lease assets and liabilities, net 2  
Net cash flows provided by operating activities 1,255 1,273
Cash flows from investing activities    
Capital expenditures (291) (292)
Payments for acquired businesses, net of cash acquired (1,040)  
Proceeds from the disposition of investments   271
Purchases of investments (5) (14)
Settlement of net investment hedges (14)  
Net cash flows used for investing activities (1,350) (35)
Cash flows from financing activities    
Proceeds (repayments) of current debt, net 8 (169)
Proceeds from issuance of long-term debt, net 1,783  
Debt issuance costs (14)  
Repayments and redemptions of long-term debt (8)  
Net proceeds from stock-based compensation transactions 71 59
Payments to acquire treasury stock (813) (1,126)
Payments of contingent consideration (3)  
Dividends paid to stockholders (330) (297)
Payments to noncontrolling interest holders for dividends (7) (3)
Net cash flows provided by (used for) financing activities 687 (1,536)
Effect of exchange rate changes on Cash and cash equivalents 17 (7)
Net increase (decrease) in Cash and cash equivalents 609 (305)
Cash and cash equivalents at beginning of period 2,987 2,181
Cash and cash equivalents at end of period $ 3,596 $ 1,876