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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Operating activities:    
Net earnings $ 321 $ 215
Deduct: Losses from discontinued operations, net of tax (3) (58)
Earnings from continuing operations 324 273
Adjustments to reconcile earnings from continuing operations to net cash provided by continuing operations:    
Depreciation and amortization 82 85
Share-based compensation 22 9
Deferred income taxes (10) (16)
Settlement of interest rate forward contracts 0 (25)
Other (7) 5
Changes in:    
Receivables, net 28 60
Inventories, net (77) (78)
Other current assets (8) (4)
Accounts payable and accrued liabilities (99) (19)
Income taxes payable (77) (23)
Net cash provided by continuing operations 178 267
Net cash provided by discontinued operations 7 10
Net cash provided by operations 185 277
Investing activities:    
Capital expenditures (68) (60)
Other 12 3
Net cash used for investing activities (56) (57)
Financing activities:    
Notes and loans payable, net 405 (141)
Long-term debt borrowing, net of issuance costs 0 496
Long-term debt repayments (300) 0
Treasury stock purchased (144) (8)
Cash dividends paid (198) (191)
Issuance of common stock for employee stock plans and other 133 125
Net cash (used for) provided by financing activities (104) 281
Effect of exchange rate changes on cash and cash equivalents (17) (11)
Net increase in cash and cash equivalents 8 490
Cash and cash equivalents:    
Beginning of period 382 329
End of period $ 390 $ 819