1. P&Gs Consolidated Statements of Cash Flows is shown on page 41. Are the statements presented using the Direct or Indirect Method and what was the increase in Cash, Cash Equivalents, and Restricted Cash in 2020?
   1. Direct or Indirect? _____________ Method. Cash increased by $_____________ million.

346 Consolidated Statements of Cash Flows Amounts in millions; Years ended June 30 2020 2019 2018 CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF YEAR S 4,239 $ 2,569 $ 5.569 OPERATING ACTIVITIES Net earnings 13,103 3.966 9.861 Depreciation and amortization 3,013 2.824 2.834 Loss on early extinguishment of debt Share-based compensation expense 558 515 395 Deferred income taxes (596) (411 (1.844) Loss/gain) on sale of assets 7 (678) (176) Goodwill and indefinite-lived intangible impairment charges 8.345 Change in accounts receivable 634 (276) (177) Change in inventories (637) (239) (188) Change in accounts payable, accrued and other liabilities 1.923 1,856 1.385 Change in other operating assets and liabilities (710) (973) 2.000 Other 108 313 431 TOTAL OPERATING ACTIVITIES 17,403 15.242 14.867 INVESTING ACTIVITIES Capital expenditures (3,073) (3.347) (3.717) Proceeds from asset sales 30 394 269 Acquisitions, net of cash acquired (58) (3.945) (109) Purchases of short-term investments (158) (3.909) Proceeds from sales and maturities of investment securities 6,151 3,628 3.928 Change in other investments (5) (62) 27 TOTAL INVESTING ACTIVITIES 3,045 (3,490) (3.511) FINANCING ACTIVITIES Dividends to shareholders (7,789) (7.498) (7.310) Increases/(reductions) in short-term debt 2,345 (2.215) (3.437) Additions to long-term debt 4,951 2,367 5.072 Reductions of long-term debt () (2,447) (969) (2.873) Treasury stock purchases (7,405) (5.003) (7.004) Impact of stock options and other 1,978 3.324 1.177 TOTAL FINANCING ACTIVITIES (8,367) (9.994) (14.375) EFFECT OF EXCHANGE RATE CHANGES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH (139) (88) 19 CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 11,942 1,670 (3.000) CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF YEAR $ 16,181 $ 4.239 $ 2.569 S $ $ SUPPLEMENTAL DISCLOSURE Cash payments for interest Cash payment for income taxes Assets acquired through non-cash finance leases are immaterial for all periods. (1) Includes early extinguishment of debt costs of $346 in 2018. 434 3,550 497 3,064 529 2.830