Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net income $ 408,379 $ 508,138
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 67,109 68,851
Asset impairment charges 1,327 1,378
Net gain on sale of assets (1,160) 0
Non-cash stock-based compensation expense 52,478 61,056
Excess tax benefit from equity awards (13,965) 0
Net gain on sale of marketable securities and other investments (2,069) (652)
Changes in assets and liabilities:    
Decrease (increase) in accounts receivable, net 232,347 (52,290)
Decrease (increase) in inventories 671 (86,535)
Decrease in other assets 3,367 19,629
Decrease in accounts payable (30,866) (3,497)
Decrease in deferred system profit (10,402) (8,641)
Increase in other liabilities 30,403 160,874
Net cash provided by operating activities 737,619 668,311
Cash flows from investing activities:    
Capital expenditures, net (55,663) (41,324)
Proceeds from sale of assets 1,838 2,228
Purchase of available-for-sale securities (1,178,157) (1,114,703)
Proceeds from sale and maturity of available-for-sale securities 1,006,368 823,423
Purchase of trading securities (33,917) (44,872)
Proceeds from sale of trading securities 34,492 45,468
Net cash used in investing activities (225,039) (329,780)
Cash flows from financing activities:    
Issuance of common stock 95,542 123,738
Tax withholding payments related to vested and released restricted stock units (29,160) (29,838)
Common stock repurchases (204,943) (196,906)
Payment of dividends to stockholders (199,712) (175,085)
Excess tax benefit from equity awards 13,965 0
Net cash used in financing activities (324,308) (278,091)
Effect of exchange rate changes on cash and cash equivalents (5,365) (7,856)
Net increase in cash and cash equivalents 182,907 52,584
Cash and cash equivalents at beginning of period 751,294 711,329
Cash and cash equivalents at end of period 934,201 763,913
Supplemental cash flow disclosures:    
Income taxes paid, net 87,245 17,369
Interest paid $ 27,119 $ 27,763