v3.24.0.1
Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 1,333,129 $ 783,498
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 170,618 154,455
Amortization 297,547 229,270
Stock incentive plan compensation 108,061 89,709
Deferred income taxes (81,592) 131,479
Foreign currency transaction (gain) loss (15,932) 59,083
Loss (gain) on disposal of property, plant and equipment 5,097 (2,551)
Gain on sale of businesses (25,964) (377,251)
Gain on marketable securities (96) (1,354)
Gain on investments (1,384) (2,929)
Other 12,673 12,575
Changes in assets and liabilities, net of effect of acquisitions and divestitures:    
Accounts receivable, net 213,436 159,576
Inventories (170,032) (56,464)
Prepaid expenses and other 17,644 (150,547)
Other assets (65,395) (166,192)
Accounts payable, trade (86,208) 9,104
Accrued payrolls and other compensation (180,888) (112,899)
Accrued domestic and foreign taxes (76,294) 3,214
Other accrued liabilities 3,132 247,574
Pensions and other postretirement benefits (64,493) 74,654
Other liabilities (41,072) (7,870)
Net cash provided by operating activities 1,351,987 1,076,134
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisitions (net of cash of $89,704 in 2022) 0 (7,146,110)
Capital expenditures (204,117) (185,704)
Proceeds from sale of property, plant and equipment 1,360 11,632
Proceeds from sale of businesses 74,595 447,300
Purchases of marketable securities and other investments (9,396) (25,198)
Maturities and sales of marketable securities and other investments 6,880 30,594
Payments of deal-contingent forward contracts 0 (1,405,418)
Other (438) 251,174
Net cash used in investing activities (131,116) (8,021,730)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of stock options 1,928 1,124
Payments for common shares (138,322) (121,068)
Acquisition of noncontrolling interests (2,883) 0
(Payments for) proceeds from notes payable, net (584,207)  
(Payments for) proceeds from notes payable, net   235,052
Proceeds from long-term borrowings 11,839 2,011,948
Payments for long-term borrowings (212,479) (710,789)
Financing fees paid 0 (8,911)
Dividends paid (381,115) (342,360)
Net cash (used in) provided by financing activities (1,305,239) 1,064,996
Effect of exchange rate changes on cash (7,999) (11,221)
Net decrease in cash, cash equivalents and restricted cash (92,367) (5,891,821)
Cash, cash equivalents and restricted cash at beginning of year 475,182 6,647,876
Cash and cash equivalents at end of period $ 382,815 $ 756,055

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