v3.25.2
Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2025
Jun. 30, 2024
Current Assets    
Cash and cash equivalents $ 467 $ 422
Trade accounts receivable, net 2,910 2,866
Non-trade and notes receivable 318 331
Inventories 2,839 2,787
Prepaid expenses 263 253
Other current assets 153 140
Total Current Assets 6,950 6,799
Property, plant and equipment 7,417 7,075
Less: Accumulated depreciation 4,480 4,199
Property, plant and equipment, net 2,937 2,876
Deferred income taxes 270 93
Other assets 1,269 1,207
Intangible assets, net 7,374 7,816
Goodwill 10,694 10,507
Total Assets 29,494 29,298
Current Liabilities    
Notes payable and long-term debt payable within one year 1,791 3,403
Accounts payable, trade 2,126 1,992
Accrued payrolls and other compensation 587 581
Accrued domestic and foreign taxes 382 355
Other accrued liabilities 933 982
Total Current Liabilities 5,819 7,313
Long-term debt 7,494 7,157
Pensions and other postretirement benefits 267 437
Deferred income taxes 1,490 1,584
Other liabilities 733 726
Total Liabilities 15,803 17,217
Shareholders' Equity    
Serial preferred stock, $.50 par value, authorized 3.0 shares; none issued 0 0
Common stock, $.50 par value, authorized 600.0 shares; issued 181.0 shares in 2025 and 2024 91 91
Additional paid-in capital 194 264
Retained earnings 21,775 19,105
Accumulated other comprehensive loss (883) (1,438)
Treasury shares at cost: 54.4 shares in 2025 and 52.4 shares in 2024 (7,495) (5,950)
Total Shareholders' Equity 13,682 12,072
Noncontrolling interests 9 9
Total Equity 13,691 12,081
Total Liabilities and Equity $ 29,494 $ 29,298

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