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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities    
Net earnings $ 695 $ 525
Adjustments to reconcile net earnings to net cash flows from operating activities:    
Depreciation and amortization 183 156
Deferred income taxes (57) (39)
Non-cash stock-based compensation 79 64
Net loss on disposal of property, plant and equipment 1 2
Non-cash restructuring and other charges 2 0
Pension and post-retirement benefit expense 21 23
Pension and post-retirement benefit contributions (11) (7)
Gain on previously held equity method investment (1) 0
Other non-cash items 3 (10)
Changes in operating assets and liabilities:    
Increase in accounts receivable, net (583) (607)
Increase in inventory and promotional merchandise (178) (94)
Decrease (increase) in other assets, net (19) 39
Decrease in accounts payable (191) (21)
Increase (decrease) in other accrued and noncurrent liabilities (15) 316
Increase (decrease) in operating lease assets and liabilities, net (10) 11
Net cash flows provided by (used for) operating activities (81) 358
Cash flows from investing activities    
Capital expenditures (205) (116)
Proceeds from purchase price refund 0 32
Payment for acquired business 0 (6)
Purchases of investments (6) (40)
Settlement of net investment hedges 58 (112)
Net cash flows used for investing activities (153) (242)
Cash flows from financing activities    
Proceeds (repayments) of current debt, net 3 (747)
Repayments and redemptions of long-term debt (4) (2)
Net proceeds from stock-based compensation transactions 36 58
Payments to acquire treasury stock (557) (25)
Dividends paid to stockholders (192) (174)
Net cash flows used for financing activities (714) (890)
Effect of exchange rate changes on Cash and cash equivalents (15) 19
Net decrease in Cash and cash equivalents (963) (755)
Cash and cash equivalents at beginning of period 4,958 5,022
Cash and cash equivalents at end of period $ 3,995 $ 4,267