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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net earnings $ 2,358 $ 1,860
Adjustments to reconcile net earnings to net cash flows from operating activities:    
Depreciation and amortization 546 475
Deferred income taxes (90) (103)
Non-cash stock-based compensation 283 255
Net loss on disposal of property, plant and equipment 6 19
Non-cash restructuring and other charges 2 97
Pension and post-retirement benefit expense 59 75
Pension and post-retirement benefit contributions (30) (35)
Goodwill, other intangible and long-lived asset impairments 216 114
Changes in fair value of contingent consideration 0 (2)
Gain on previously held equity method investment (1) 0
Other non-cash items (4) (17)
Changes in operating assets and liabilities:    
Increase in accounts receivable, net (548) (506)
Decrease (increase) in inventory and promotional merchandise (398) 13
Increase in other assets, net (61) (122)
Increase (decrease) in accounts payable (199) 55
Increase (decrease) in other accrued and noncurrent liabilities (132) 629
Decrease in operating lease assets and liabilities, net (38) (30)
Net cash flows provided by operating activities 1,969 2,777
Cash flows from investing activities    
Capital expenditures (658) (386)
Proceeds from purchase price refund 0 32
Payments for acquired businesses (3) (8)
Purchases of investments (10) (40)
Settlement of net investment hedges 108 (175)
Net cash flows used for investing activities (563) (577)
Cash flows from financing activities    
Repayments of current debt, net (4) (746)
Proceeds from issuance of long-term debt, net 0 596
Debt issuance costs (1) (4)
Repayments and redemptions of long-term debt (16) (6)
Net proceeds from stock-based compensation transactions 127 180
Payments to acquire treasury stock (1,998) (316)
Dividends paid to stockholders (624) (561)
Payments to noncontrolling interest holders for dividends 0 (5)
Net cash flows used for financing activities (2,516) (862)
Effect of exchange rate changes on Cash and cash equivalents (12) 39
Net increase (decrease) in Cash and cash equivalents (1,122) 1,377
Cash and cash equivalents at beginning of period 4,958 5,022
Cash and cash equivalents at end of period $ 3,836 $ 6,399