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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities    
Net earnings $ 525 $ 598
Adjustments to reconcile net earnings to net cash flows from operating activities:    
Depreciation and amortization 156 143
Deferred income taxes (39) 11
Non-cash stock-based compensation 64 56
Net loss on disposal of property, plant and equipment 2 2
Pension and post-retirement benefit expense 23 21
Pension and post-retirement benefit contributions (7) (9)
Other non-cash items (10) (2)
Changes in operating assets and liabilities:    
Increase in accounts receivable, net (607) (487)
Increase in inventory and promotional merchandise (94) (83)
Decrease (increase) in other assets, net 39 (48)
Decrease in accounts payable (21) (400)
Increase in other accrued and noncurrent liabilities 316 31
Increase (decrease) in operating lease assets and liabilities, net 11 (3)
Net cash flows provided by (used for) operating activities 358 (170)
Cash flows from investing activities    
Capital expenditures (116) (125)
Proceeds from purchase price refund 32 0
Payment for acquired business (6) 0
Purchases of investments (40) (5)
Settlement of net investment hedges (112) 2
Net cash flows used for investing activities (242) (128)
Cash flows from financing activities    
Proceeds (repayments) of current debt, net (747) 5
Repayments and redemptions of long-term debt (2) (5)
Net proceeds from stock-based compensation transactions 58 55
Payments to acquire treasury stock (25) (313)
Dividends paid to stockholders (174) (156)
Payments to noncontrolling interest holders for dividends 0 (2)
Net cash flows used for financing activities (890) (416)
Effect of exchange rate changes on Cash and cash equivalents 19 (14)
Net decrease in Cash and cash equivalents (755) (728)
Cash and cash equivalents at beginning of period 5,022 2,987
Cash and cash equivalents at end of period $ 4,267 $ 2,259