v3.21.2
CASH FLOWS STATEMENTS - USD ($)
$ in Millions
 3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operations    
Net income $ 20,505 $ 13,893
Adjustments to reconcile net income to net cash from operations:    
Depreciation, amortization, and other 3,212 2,645
Stock-based compensation expense 1,702 1,456
Net recognized gains on investments and derivatives (364) (128)
Deferred income taxes (5,970) (11)
Changes in operating assets and liabilities:    
Accounts receivable 10,486 8,843
Inventories (777) (808)
Other current assets 940 (54)
Other long-term assets (598) (62)
Accounts payable (471) 315
Unearned revenue (2,885) (3,064)
Income taxes 2,653 (983)
Other current liabilities (4,143) (2,951)
Other long-term liabilities 250 244
Net cash from operations 24,540 19,335
Financing    
Repayments of debt (4,826) 0
Common stock issued 612 545
Common stock repurchased (7,684) (6,743)
Common stock cash dividends paid (4,206) (3,856)
Other, net (172) (235)
Net cash used in financing (16,276) (10,289)
Investing    
Additions to property and equipment (5,810) (4,907)
Acquisition of companies, net of cash acquired, and purchases of intangible and other assets (1,206) (481)
Purchases of investments (10,309) (14,580)
Maturities of investments 8,862 14,266
Sales of investments 5,630 2,414
Other, net (417) (2,083)
Net cash used in investing (3,250) (5,371)
Effect of foreign exchange rates on cash and cash equivalents (73) (46)
Net change in cash and cash equivalents 4,941 3,629
Cash and cash equivalents, beginning of period 14,224 13,576
Cash and cash equivalents, end of period $ 19,165 $ 17,205