Proctor and Gamble 2008 Annual Report Download - page 61
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SeeaccompanyingNotestoConsolidatedFinancialStatements.
Amountsinmillions;YearsendedJune30 2007 2006
$ 6,693 $ 6,389
Netearnings 10,340 8,684
Depreciationandamortization 3,130 2,627
Share-basedcompensationexpense 668 585
Deferredincometaxes 253 (112)
Changeinaccountsreceivable (729) (524)
Changeininventories (389) 383
Changeinaccountspayable,accruedandotherliabilities (273) 230
Changeinotheroperatingassetsandliabilities (157) (508)
Other
592 10
13,435 11,375
Capitalexpenditures (2,945) (2,667)
Proceedsfromassetsales 281 882
Acquisitions,netofcashacquired (492) 171
Changeininvestmentsecurities 673 884
(2,483) (730)
Dividendstoshareholders (4,209) (3,703)
Changeinshort-termdebt 8,981 (8,627)
Additionstolong-termdebt 4,758 22,545
Reductionsoflong-termdebt (17,929) (5,282)
Impactofstockoptionsandother 1,499 1,319
Treasurystockpurchases (5,578) (16,830)
(12,478) (10,578)
187 237
(1,339) 304
$ 5,354 $6,693
Cashpaymentsfor:
Interest $ 1,330 $ 1,045
Incometaxes 4,116 2,869
Assetsacquiredthroughnon-cashcapitalleases 41 363
Gilletteacquisitionfundedbyshareissuance — 53,371