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What were the capital expenditures for property, plant, and equipment made by P&G in 2017, 2016, and 2015? (Enter answers in millions.) 2017 2016 2015 x Capital expenditures X (3384) million (3314) million (3736) millionConsolidated Statements of Earnings Amounts in millions except per share amounts; Years ended June 30 NET SALES Cost of products sold Selling, general and administrative expense Venezuela deconsolidation charge OPERATING INCOME Interest expense Interest income Other non-operating income/(expense), net EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES Income taxes on continuing operations NET EARNINGS FROM CONTINUING OPERATIONS NET EARNINGS/(LOSS) FROM DISCONTINUED OPERATIONS NET EARNINGS Less: Net earnings attributable to nonccntrolling interests NET EARNINGS ATI'RIBUTABLE TO PROCTER 8: GAMBLE BASIC NET EARNINGS PER COMMON SHARE: (1) Earnings from continuing operations Earnings/(loss) from discontinued operations BASIC NET EARNINGS PER COMMON SHARE DILUTED NET EARNINGS PER COMMON SHARE: \"I Earnings from continuing operations Earningsl(loss) from discontinued operations DILUTED NET EARNINGS PER COMMON SHARE DIVIDENDS PER COMMON SHARE M M E $ 65,058 $ 65,299 $ 70,749 32,535 32,909 37,056 18,568 18,949 20,616 : : m 13,955 13,441 11,049 465 579 626 171 1 82 149 404 g m 13,257 13,369 11,012 3,063 3,342 E 10,194 10,027 m 5,217 E m 15,411 10,604 M E E m $15,326 $10,508 $ 7.036 $ 3.79 $ 3.59 $ 2.92 2.01 0.21 10.42! $ 5.80 $ 3.80 $ 2.50 $ 3.69 $ 3.49 $ 2.84 m m m $ 5.59 $ 3.69 $ 2.44 $ 2.70 $ 2.66 $ 2.59 Consolidated Statements of Comprehensive Income Amounts in millions; Years ended June 30 M w w NET EARNINGS $ 15,411 $ 10,604 $ 7,144 OTHER COMPREHENSIVE INCOME/(LOSS), NET OF TAX Financial statement translation 239 (1,679) (7,220) Unrealized gains/(losses) on hedges (net of $(186), $5 and $739 tax, respectively) (306) 1 1,234 Unrealized gains/(losses) on investment securities (net of $(6), $7 and $0 tax, respectively) (59) 28 24 Unrealized gains/(losses) on defined benefit retirement plans (net of $551, $(621) and $328 tax, respectively) w (M) w TOTAL OTHER COMPREHENSIVE INCOME/(LOSS), NET OF TAx 1,275 M (m TOTAL COMPREHENSIVE INCOME 16,686 7,477 2,026 Less: Total comprehensive income attributable to noncontrolling interests g g m TOTAL COMPREHENSIVE INCOME A'ITRIBUTABLE TO PROCTER & GAMBLE $ 16,601 $ 7,381 $ 1,918 Consolidated Balance Sheets Amounts in millions; As of June 30 M M Assets CURRENT ASSETS Cash and cash equivalents $ 5,569 $ 7,102 Available-torsale investment securities 9,568 6,246 Accounts receivable 4,594 4,373 INVENTORIES Materials and supplies 1,308 1,188 Work in process 529 563 Finished goods 2,787 2,965 Total inventories 4,624 4,716 Deferred income taxes 1,507 Prepaid expenses and other current assets 2,139 2,653 Current assets held for sale : w TOTAL CURRENT ASSETS 26,494 33,782 PROPERTY, PLANT AND EQUIPMENT, NET 19,893 19,385 GOODWILL 44,699 44,350 TRADEMARKS AND OTHER INTANGIBLE ASSETS, NET 24,187 24,527 OTHER NONCURRENT ASSETS w w TOTAL ASSETS $ 120,406 $ 127,136 edugen.wileyplus.com/edugen/player/references/index.uni?mode=help&xlinkobject=kieso9781119503682a02-sec-0002&itemid=nopolice References TOTAL ASSETS $ 120,406 $ 127,136 Liabilities and Shareholders' Equity CURRENT LIABILITIES Accounts payable $ 9,632 $ 9,325 Accrued and other liabilities 7,024 7,449 Current liabilities held for sale 2,343 Debt due within one year 13,554 11,653 TOTAL CURRENT LIABILITIES 30,210 30,770 LONG-TERM DEBT 18,038 18,945 DEFERRED INCOME TAXES 8, 126 9, 113 OTHER NONCURRENT LIABILITIES 8,254 10,325 TOTAL LIABILITIES 64,628 69, 153 SHAREHOLDERS' EQUITY Convertible Class A preferred stock, stated value $1 per share (600 shares authorized) 1,006 1,038 Non-Voting Class B preferred stock, stated value $1 per share (200 shares authorized) Common stock, stated value $1 per share (10,000 shares authorized; shares issued: 2017 - 4,009.2, 2016 - 4,009.2) 4,009 4,009 Additional paid-in capital 63,641 63,714 Reserve for ESOP debt retirement (1,249) (1,290) Accumulated other comprehensive income/(loss) (14,632) (15,907) Treasury stock, at cost (shares held: 2017 - 1,455.9, 2016 - 1,341.2) (93,715) (82, 176) Retained earnings 96, 124 87,953 Noncontrolling interest 594 642 TOTAL SHAREHOLDERS' EQUITY 55,778 57,983 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 120,406 $ 127,136 See accompanying Notes to Consolidated Financial Statements. Consolidated Statements of Shareholders' Equity WE CONCURRENT ASSETS Accumulated Total Common Additional Reserve for Other Non- CLOSELiabilities and Shareholders' Eguig CURRENT LIABILITIES Accounts payable $ 9,632 $ 9,325 Accrued and other liabilities 7,024 7,449 Current liabilities held for sale 2,343 Debt due within one year 13,554 11,653 TOTAL CURRENT LIABILITIES 30,210 30,770 LONG-TERM DEBT 18,038 18,945 DEFERRED INCOME TAXES 8,126 9,113 OTHER NONCURRENT LIABILITIES 8,254 10,325 TOTAL LIABILITIES 64,628 69,153 SHAREHOLDERS' EQUITY Convertible Class A preferred stock, stated value $1 per share (600 shares authorized) 1,006 1,038 Non-Voting Class B preferred stock, stated value $1 per share (200 shares authorized) Common stock, stated value $1 per share (10,000 shares authorized; shares issued: 2017 - 4,009.2, 2016 - 4,009.2) 4,009 4,009 Additional paid-in capital 63,641 63,714 Reserve for ESOP debt retirement (1,249) (1,290) Accumulated other comprehensive income/(loss) (1 4,632) (15,907) Treasury stock, at cost (shares held: 2017 - 1,455.9, 2016 1,341.2) (93,715) (82,176) Retained earnings 96,124 87,953 Noncontrolling interest m TOTAL SHAREHOLDERSl EQUITY 55,778 57,983 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 120,406 $ 127,136 Consolidated Statements of Shareholders' Equity Accumulated Total Common Additional Reserve for Other Non- Dollars in millions; Common Preferred Treasury Retained Share- Shares Paid-In ESOP Debt Comprehensive controlling Shares in thousands Stock Stock Stock Earnings holders' Outstanding Capital Retirement Income/ Interest Equity (Loss) BALANCE JUNE 30, 2014 2,710,806 $4,009 $1, 111 $63,911 ($1,340) ($7,662) ($75,805) $84,990 $762 $69,976 Net earnings 7,036 108 7,144 Other comprehensive loss (5, 118) (5, 118) Dividends to shareholders: Common (7,028) (7,028) Preferred, net of tax benefits (259) (259) Treasury purchases (54,670) (4,604) (4,604) Employee plan issuances 54, 100 156 3,153 3,309 Preferred stock conversions 4,335 (34) 4 30 ESOP debt impacts 20 68 88 Noncontrolling interest, net (219) (239) (458) BALANCE JUNE 30, 2015 2,714,571 $4,009 $1,077 $63,852 ($1,320) ($12,780) ($77,226) $84,807 $631 $63,050Net earnings 10,508 96 10,604 Other comprehensive loss (3,127) (3,127) Dividends to shareholders: Common (7, 181) (7, 181) Preferred, net of tax benefits (255) (255) Treasury purchases(1) (103,449) (8,217) (8,217) Employee plan issuances 52,089 (144) 3,234 3,090 Preferred stock conversions 4,863 (39) 6 33 ESOP debt impacts 30 74 104 Noncontrolling interest, net (85) (85) BALANCE JUNE 30, 2016 2,668,074 $4,009 $1,038 $63,714 ($1,290) ($15,907) ($82, 176) $87,953 $642 $57,983 Net earnings 15,326 15,411 Other comprehensive loss 1,275 1,275 Dividends to shareholders: Common (6,989) (6,989) Preferred, net of tax benefits (247) (247) Treasury purchases (2) (164,866) (14,625) (14,625) Employee plan issuances 45,848 (77) 3,058 2,981 Preferred stock conversions 4,241 (32) 4 28 ESOP debt impacts 41 81 122 Noncontrolling interest, net (133) (133) BALANCE JUNE 30, 2017 2,553,297 $4,009 $1,006 $63,641 ($1,249) ($14,632) ($93,715) $96,124 $594 $55,778Consolidated Statements of Cash Flows Amounts in millions; Years ended June 30 M w w CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR $ 7,102 $ 6,836 $ 8,548 OPERATING ACTIVITIES Net earnings 15,411 10,604 7,144 Depreciation and amortization 2,820 3,078 3,134 Loss on early extinguishment of debt 543 Share-based compensation expense 351 335 337 Deferred income taxes (601) (815) (803) Gain on sale of assets (5,490) (41) (766) Venezuela deconsolidation charge 2,028 Goodwill and intangible asset impairment charges 450 2,174 Change in accounts receivable (322) 35 349 Change in inventories 71 116 313 Change in accounts payable, accrued and other liabilities (149) 1,285 928 Change in other operating assets and liabilities (43) 204 (976) Other E m m TOTAL OPERATING ACTIVITIES 12,753 15,435 14,608 INVESTING ACTIVITIES Capital expenditures (3,384) (3,314) (3,736) Proceeds from asset sales 571 432 4,498 Cash related to deconsolidated Venezuela operations (908) Acquisitions, net of cash acquired (16) (186) (137) Purchases of short-term investments (4,843) (2,815) (3,647) Proceeds from sales and maturities of short-term investments 1,488 1,354 1,203 Pre-divestitu re addition 01 restricted cash related to the Beauty Brands divestiture (874) (996) Cash transferred at closing related to the Beauty Brands divestiture (475) Release of restricted cash upon closing of the Beauty Brands divestiture 1,870 Cash transferred in Batteries divestiture (143) Change in other investments (E) g 163 TOTAL INVESTING ACTIVITIES (m m (m FINANCING ACTIVITIES Dividends to shareholders (7,236) (7,436) (7,287) Change in shod-term debt 2,727 (418) (2,580) Additions to long-term debt 3,603 3,916 2,138 Reductions of long-term debt (4,931) (1) (2,213) (3,512) Treasury stock purchases (5,204) (4,004) (4,604) Treasury stock from cash infused in Batteries divestiture (1,730) Impact of stock options and other 2,473 2,672 2 826 TOTAL FINANCING ACTIVITIES (8,568) (9,213) (13,019) EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (g) 1% gm CHANGE IN CASH AND CASH EQUIVALENTS (M g m CASH AND CASH EQUIVALENTS, END OF YEAR $ 5,569 $ 7,102 $ 6,336 SUPPLEMENTAL DISCLOSURE Cash payments for interest $ 518 $ 569 $ 678 Cash payment for income taxes 3,714 3,730 4,558 Divestiture of Batteries business in exchange for shares of P&G stocklz) 4,213 Divestiture of Beauty business in exchange for shares of P&G stock and assumption of debt 11,360 Assets acquired through non-cash capital leases are immaterial for all periods