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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 439.4 $ 354.5
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and impairment 499.3 269.6
Net periodic benefit cost 4.8 8.1
Amortization of debt discount and deferred financing costs 4.4 3.9
Amortization of deferred gain on sale and leasebacks 0.0 (4.9)
Net gain on disposal of property, plant and equipment (0.5) (10.4)
Equity in (income) loss of affiliated companies (8.1) 1.3
Net foreign exchange (gain) loss 1.2 1.0
Share-based compensation 23.6 11.9
Other, net 38.3 2.3
Loss from hyperinflationary accounting for Argentine subsidiaries 32.2 29.5
Deferred income taxes, net (130.2) (2.0)
Dividends received from affiliated companies 6.8 4.7
Changes in operating assets and liabilities, excluding effect of acquisitions, divestitures, and currency (440.9) (548.1)
Net cash provided by operating activities 470.3 121.4
Net cash provided by operating activities    
(Issuance) of loans to affiliated companies (0.2) (0.4)
Investments in affiliated companies 0.0 (1.2)
Purchase of property, plant and equipment and other intangible assets (312.7) (250.9)
Proceeds from divestiture 424.9 0.0
Proceeds from sales of property, plant and equipment and other intangible assets 4.4 68.7
Net cash (used in) provided by investing activities 116.4 (183.8)
Net cash (used in) provided by investing activities    
Proceeds from issuance of shares 0.9 16.5
Settlement of forward contracts 0.0 (28.2)
Purchase of treasury shares (11.3) (32.2)
Proceeds from issuance of treasury shares under dividend reinvestment plan 0.0 13.0
Proceeds from (purchase of) non-controlling interest 4.6 3.5
Proceeds from issuance of long-term debt 1,201.6 1,210.2
Repayment of long-term debt (2,094.2) (1,292.8)
Net borrowing/(repayment) of commercial paper 1,816.3 177.5
Net borrowing/(repayment) of short-term debt (455.1) 228.0
Repayment of lease liabilities (0.7) (1.6)
Share buyback/cancellations (478.2) 0.0
Dividends paid (573.8) (291.5)
Net cash used in financing activities (589.9) 2.4
Effect of exchange rates on cash and cash equivalents (60.6) (12.1)
Net increase (decrease) in cash and cash equivalents (63.8) (72.1)
Cash and cash equivalents balance at beginning of year 601.6 620.8
Cash and cash equivalents balance at end of period 537.8 548.7
Interest paid, net of amounts capitalized 134.3 128.0
Income taxes paid 225.7 99.5
Supplemental non-cash disclosures relating to investing and financing activities:    
Purchase of property and equipment, accrued but unpaid $ 59.8 $ 53.9