| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 | Jun'09 | Jun'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | |||||||||||
Net income | |||||||||||
1,512,931 | 1,061,315 | 983,844 | 807,216 | 1,012,553 | 1,041,418 | 948,784 | 1,155,492 | 1,057,150 | 556,365 | 510,144 | 957,513 |
Adjustments to reconcile net income to net cash provided by operations: | |||||||||||
Depreciation | |||||||||||
225,675 | 237,806 | 202,868 | 190,308 | 202,776 | 214,965 | 213,722 | 210,508 | 229,238 | 245,295 | 252,599 | 257,570 |
Amortization | |||||||||||
210,514 | 228,279 | 152,361 | 116,535 | 114,715 | 121,737 | 121,902 | 111,421 | 110,562 | 117,214 | 105,138 | 69,154 |
Goodwill and Intangible Asset Impairment | |||||||||||
- | - | - | - | - | 188,870 | 0 | 0 | - | - | - | - |
Share incentive plan compensation | |||||||||||
104,078 | 118,831 | 80,339 | 71,293 | 96,093 | 103,161 | 84,996 | 80,935 | 73,238 | 59,318 | 47,215 | 44,947 |
Deferred income taxes | |||||||||||
32,537 | -41,412 | 37,024 | -65,686 | 18,865 | -74,139 | -1,368 | -56,452 | 20,715 | -17,353 | -13,048 | -33,933 |
Foreign currency transaction (gain) loss | |||||||||||
-5,888 | -7,284 | -8,060 | -22,750 | 77,784 | -5,398 | -19,497 | -4,300 | -10,470 | 1,249 | -1,786 | 6,293 |
(Gain) loss on plant and equipment and intangible assets | |||||||||||
-5,091 | 24,422 | -1,494 | -414 | -14,953 | -2,997 | -2,746 | 2,494 | 7,710 | -10,292 | 336 | 3,396 |
Loss on sale of businesses | |||||||||||
-5,854 | -19,666 | 41,285 | 10,666 | 6,420 | 0 | -14,637 | 0 | 0 | - | - | - |
Loss on marketable securities | |||||||||||
-7,563 | 2 | 1,032 | 723 | -3,817 | 0 | 0 | - | - | - | - | - |
(Gain) loss on sale and impairment of investments | |||||||||||
16,749 | -41,219 | 0 | 0 | - | - | - | - | - | - | - | - |
Net gain on deconsolidation | |||||||||||
- | - | - | - | - | 412,612 | 0 | 0 | - | - | - | - |
Changes in assets and liabilities, net of effect of acquisitions: | |||||||||||
Accounts receivable, net | |||||||||||
-2,452 | 301,978 | 95,347 | -17,549 | -143,179 | 99,144 | 21,206 | 91,091 | 259,752 | 220,349 | -598,065 | 114,578 |
Inventories | |||||||||||
51,817 | 92,209 | 73,673 | -120,243 | 70,377 | 3,816 | -98,518 | 28,333 | 139,062 | -53,862 | -218,595 | 53,556 |
Prepaid expenses | |||||||||||
33,335 | 16,206 | -2,410 | -136,034 | 116,561 | -58,117 | 47,451 | 26,981 | -6,477 | -29,581 | 61,646 | 4,034 |
Other assets | |||||||||||
-2,677 | 16,880 | 5,795 | 5,033 | -20,976 | 79,158 | 16,007 | 6,578 | 39,118 | -42,031 | -63,998 | 3,964 |
Accounts payable, trade | |||||||||||
-12,397 | 125,907 | 174,761 | -52,378 | -86,750 | 92,927 | -66,082 | 59,692 | 228,164 | 259,436 | -304,863 | 74,998 |
Accrued payrolls and other compensation | |||||||||||
2,088 | -4,614 | 5,922 | -22,865 | -12,657 | 20,840 | -45,771 | 16,003 | 75,405 | 26,014 | -67,654 | 55,591 |
Accrued domestic and foreign taxes | |||||||||||
-30,593 | 44,019 | 18,165 | -6,285 | -43,441 | 86,745 | -17,054 | -70,302 | 53,424 | 63,119 | -40,598 | 12,666 |
Other accrued liabilities | |||||||||||
16,698 | -5,567 | -59,738 | -31,633 | -8,770 | -23,480 | -62,728 | 33,512 | -27,726 | 36,137 | -159,642 | -26,623 |
Pensions and other postretirement benefits | |||||||||||
-168,368 | 31,239 | -103,866 | -45,796 | 156,859 | 99,569 | -16,691 | 123,944 | -281,285 | -9,879 | 28,522 | 58,548 |
Other liabilities | |||||||||||
-90,647 | 184,425 | 14,051 | -30,499 | 1,207 | 43,498 | 9,765 | 16,809 | 56,743 | -31,012 | -49,083 | 32,000 |
Net cash provided by operating activities | |||||||||||
1,730,140 | 1,596,700 | 1,300,563 | 1,210,778 | 1,363,233 | 1,387,893 | 1,190,935 | 1,530,385 | 1,166,933 | 1,218,822 | 1,129,192 | 1,316,610 |
CASH FLOWS FROM INVESTING ACTIVITIES | |||||||||||
Acquisitions (net of cash of $82,192 in 2020 and $690 in 2019) | |||||||||||
2,042 | 0 | 4,069,197 | 67,552 | 18,618 | 17,593 | 621,144 | 156,256 | 60,227 | 5,451 | 722,635 | 921,014 |
Capital expenditures | |||||||||||
195,089 | 247,667 | 203,748 | 149,407 | 215,527 | 216,340 | 265,896 | 218,817 | 207,294 | 129,222 | 270,733 | 280,327 |
Proceeds from sale of plant and equipment | |||||||||||
46,592 | 81,881 | 14,648 | 18,821 | 19,655 | 14,368 | 25,047 | 20,404 | 32,289 | 11,929 | 28,986 | 29,997 |
Proceeds from sale of businesses | |||||||||||
19,678 | 177,741 | 85,610 | 24,325 | 37,265 | 0 | 73,515 | 0 | 0 | - | - | - |
Net proceeds from deconsolidation | |||||||||||
- | - | - | - | - | 202,498 | 0 | 0 | - | - | - | - |
Purchases of marketable securities and other investments | |||||||||||
181,780 | 80,607 | 465,666 | 1,351,464 | 1,747,333 | 624,880 | 0 | 0 | - | - | - | - |
Maturities and sales of marketable securities and other investments | |||||||||||
74,908 | 83,905 | 1,279,318 | 1,300,633 | 1,391,396 | 0 | 0 | - | - | - | - | - |
Other | |||||||||||
-19,223 | -8,424 | 4,205 | 39,995 | 46,001 | 4,454 | 21,367 | 21,099 | 9,706 | 23,429 | -3,551 | -544 |
Net cash used in investing activities | |||||||||||
-218,510 | 23,677 | -3,363,240 | -264,639 | -579,163 | -646,401 | -809,845 | -375,768 | -244,938 | -146,173 | -960,831 | -1,170,800 |
CASH FLOWS FROM FINANCING ACTIVITIES | |||||||||||
Proceeds from exercise of stock options | |||||||||||
2,475 | 3,682 | 2,202 | 126 | 3,355 | 8,013 | 32,204 | 10,599 | 25,862 | 10,307 | 3,557 | 33,406 |
Payments for common shares | |||||||||||
860,052 | 381,041 | 338,078 | 587,365 | 1,436,309 | 204,043 | 258,007 | 456,969 | 693,096 | 24,999 | 447,800 | 584,603 |
Proceeds from notes payable, net | |||||||||||
48,828 | 4,115 | 230,499 | 303,624 | -815,171 | -515,387 | 1,319,524 | -1,961 | -18,908 | -421,974 | 346,081 | -48,320 |
Tax benefit from stock incentive plan compensation | |||||||||||
- | - | - | - | - | 33,732 | 66,030 | 16,107 | 42,823 | 13,698 | 3,692 | 27,640 |
Acquisition of noncontrolling interests | |||||||||||
- | - | - | - | - | - | 1,091 | 147,441 | 0 | 0 | - | - |
Proceeds from long-term borrowings | |||||||||||
2,336,749 | 1,189 | 2,614,463 | 2,287 | 1,483,015 | 748 | 3,768 | 73,556 | 291,683 | 3,293 | 2,368 | 778,934 |
Payments for long-term borrowings | |||||||||||
213,226 | 944,629 | 381,078 | 220,068 | 537 | 2,934 | 331,245 | 76,757 | 358,058 | 67,582 | 20,671 | 63,575 |
Dividends paid | |||||||||||
412,468 | 365,288 | 345,380 | 341,962 | 340,389 | 278,244 | 255,009 | 240,654 | 206,084 | 162,739 | 161,575 | 142,260 |
Net cash provided by (used in) financing activities | |||||||||||
902,306 | -1,681,972 | 1,782,628 | -843,358 | -1,106,036 | -958,115 | 576,174 | -823,520 | -915,778 | -649,996 | -274,348 | 1,222 |
Effect of exchange rate changes on cash | |||||||||||
-16,306 | -1,154 | -56,718 | -61,712 | -111,005 | 48,766 | -14,169 | -150,246 | 75,723 | -34,738 | -32,450 | 6,310 |
Net (decrease) increase in cash and cash equivalents | |||||||||||
2,397,630 | -62,749 | -336,767 | 41,069 | -432,971 | -167,857 | 943,095 | 180,851 | 81,940 | 387,915 | -138,437 | 153,342 |
Supplemental Data: | |||||||||||
Interest | |||||||||||
169,378 | 200,860 | 131,937 | 133,999 | 105,202 | 77,144 | 88,084 | 91,677 | 99,227 | 104,812 | 111,648 | 90,176 |
Income taxes | |||||||||||
454,699 | 408,765 | 268,127 | 250,155 | 515,350 | 472,369 | 311,988 | 494,378 | 203,539 | 127,320 | 211,281 | 329,666 |