v3.5.0.2
CASH FLOWS STATEMENTS - USD ($)
$ in Millions
 3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operations    
Net income $ 4,690 $ 4,902
Adjustments to reconcile net income to net cash from operations:    
Depreciation, amortization, and other 1,816 1,461
Stock-based compensation expense 703 674
Net recognized losses (gains) on investments and derivatives (311) 101
Deferred income taxes 15 73
Deferral of unearned revenue 12,583 10,423
Recognition of unearned revenue (12,904) (11,355)
Changes in operating assets and liabilities:    
Accounts receivable 7,174 6,376
Inventories (867) (937)
Other current assets (966) (562)
Other long-term assets (29) (5)
Accounts payable (443) (135)
Other current liabilities (361) (2,024)
Other long-term liabilities 449 (116)
Net cash from operations 11,549 8,876
Financing    
Proceeds from issuance (repayments) of short-term debt, maturities of 90 days or less, net (3,390) 4,890
Proceeds from issuance of debt 24,977 121
Repayments of debt (225) (1,750)
Common stock issued 241 219
Common stock repurchased (4,362) (4,757)
Common stock cash dividends paid (2,800) (2,475)
Other (112) (178)
Net cash from (used in) financing 14,329 (3,930)
Investing    
Additions to property and equipment (2,163) (1,356)
Acquisition of companies, net of cash acquired, and purchases of intangible and other assets (24) (390)
Purchases of investments (57,181) (37,570)
Maturities of investments 8,659 5,686
Sales of investments 32,323 28,502
Securities lending payable (84) 62
Net cash used in investing (18,470) (5,066)
Effect of foreign exchange rates on cash and cash equivalents 10 (44)
Net change in cash and cash equivalents 7,418 (164)
Cash and cash equivalents, beginning of period 6,510 5,595
Cash and cash equivalents, end of period $ 13,928 $ 5,431