Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Prepare the following schedule: Amounts in millions, years ending June 30, 2019 2018 2017 Cash, cash equivalents, and restricted cash, beginning of the year Add/(Less):
- Prepare the following schedule:
Amounts in millions, years ending June 30, | 2019 | 2018 | 2017 |
Cash, cash equivalents, and restricted cash, beginning of the year | |||
Add/(Less): | |||
Total Operating Activities | |||
Total Investing Activities | |||
Total Financing Activities | |||
Effect of Exchange Rate Changes on cash, cash equivalents, and restricted cash | |||
Change in Cash, cash equivalents, and restricted cash | |||
Cash, cash equivalents, and restricted cash, end of year |
- For the following 3 sections, provide a brief comment on the 3-year trend for each:
(1) Total Operating Activities, (2) Total Investing Activities, and (3) Total Financing Activities.
Consolidated Statements of Cash Flows 2017 2019 2,569 2018 5.569 $ $ $ 8.098 3,966 2.824 9,861 2.834 346 395 (1,844) (176) 1 5,411 2.820 543 351 (601) (5.490) (177) 515 (411) (678) 8.345 (276) (239) 1,856 (973) 313 15.242 1,385 2,000 431 (322) 71 (149) (43) 162 12.753 14,867 Amounts in millions: Years ended June 30 CASH, CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF YEAR OPERATING ACTIVITIES Net earnings Depreciation and amortization Loss on early extinguishment of debt Share-based compensation expense Deferred income taxes Gain on sale of assets Goodwill and indefinite-lived intangible impairment charges Change in accounts receivable Change in inventories Change in accounts payable, accrued and other liabilities Change in other operating assets and liabilities Other TOTAL OPERATING ACTIVITIES INVESTING ACTIVITIES Capital expenditures Proceeds from asset sales Acquisitions, net of cash acquired Purchases of short-term investments Proceeds from sales and matunities of short-term investments Cash transferred at closing related to the Beauty Brands divestiture Change in other investments TOTAL INVESTING ACTIVITIES FINANCING ACTIVITIES Dividends to shareholders Change in short-term debt Additions to long-term debt Reductions of long-term debt (1) Treasury stock purchases Impact of stock options and other TOTAL FINANCING ACTIVITIES EFFECT OF EXCHANGE RATE CHANGES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF YEAR (3.347) 394 (3.945) (158) 3.628 (3,717) 269 (109) (3.909) 3.928 (3384) 571 (16) (4.843) 1.488 (475) (26) 6.685) 27 (62) (3.490) (3.511) (7.498) (2,215) 2.367 (969) (5,003) 3,324 19.994) (7,310) (3.437) 5,072 (2.873) 7.000) (7.236) 2,727 3,603 (4.931) (9.2014) 2.473 (8568) (14375) 1.670 4.239 19 (3.000) 2,569 (2.529) 5.569 $ $Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started