Note B - Acquisitions (Tables)

12 Months Ended

Jun. 30, 2025

Notes Tables

Business Combination [Table Text Block]

Cash purchase price	$	17,102
Earnout		374
Total consideration	$	17,476
Assets acquired:
Cash	$	240
Trade accounts receivable		1,881
Inventories		5,984
Other current assets		290
Property, plant and equipment		5,031
Intangible assets		2,847
Total assets acquired	$	16,273
Liabilities assumed :
Accounts payable	$	924
Accrued liabilities		520
Deferred tax liability		159
Total liabilities assumed	$	1,603
Total identified net assets acquired:	$	14,670
Goodwill		2,806
Purchase price consideration	$	17,476

Cash purchase price	$	25,145
Final working capital adjustment		739
Total consideration	$	25,884
Assets acquired (in millions):
Cash	$	2,706
Trade accounts receivable, net		7,400
Inventories, net		10,694
Prepaid expenses		312
Other		786
Property, plant and equipment, net		13,853
Right-of-use operating lease assets		507
Intangible assets, net		3,377
Total assets acquired	$	39,635
Liabilities assumed (in millions):
Accounts payable	$	1,822
Accrued liabilities		5,360
Lease obligations		410
Deferred income taxes		2,435
Total liabilities assumed	$	10,027
Total identified net assets acquired (in millions):	$	29,608
Gain on bargain purchase		3,724
Purchase price consideration	$	25,884

Business Combination, Recognized Asset Acquired and Liability Assumed [Table Text Block]

Assets acquired and liabilities assumed:
Cash	$	240
Trade accounts receivable		1,881	(a)
Inventories, net		5,984	(b)
Other current assets		290
Property, plant and equipment		5,031	(c)
Intangible assets, net		2,847	(d)
Accounts payable		(924	)
Accrued liabilities		(520	)(e)
Deferred tax liability		(159	)
Total identified net assets acquired:		14,670
Goodwill		2,806	(f)
Purchase price consideration	$	17,476

Assets acquired (in millions):
Cash	$	2,706
Trade accounts receivable, net		7,400	(a)
Inventories, net		10,694	(b)
Prepaid expenses		312
Other		786
Property, plant and equipment, net		13,853	(c)
Right-of-use operating lease assets		507
Intangible assets, net		3,377	(d)
Accounts payable		1,822
Accrued liabilities		5,360	(e)
Lease obligations		410
Deferred income taxes		2,435
Total identified net assets acquired (in millions):	$	29,608
Gain on bargain purchase		3,724	(f)
Purchase price consideration	$	25,884

Schedule of Inventory Acquired, Measured at Fair Value [Table Text Block]

Raw materials	$	4,622
Work in progress at fair value		520
Finished goods at fair value		842
Inventories at fair value	$	5,984
Inventories at book value		5,558
Step-up	$	426

Raw materials	$	4,524
Work in progress at fair value		2,802
Finished goods at fair value		3,368
Inventories at fair value	$	10,694
Inventories at book value		9,858
Step-up	$	836

Schedule of Property, Plant and Equipment Acquired, Measured at Fair Value [Table Text Block]

Dies, tools and fixtures	$	2,976
Machinery and equipment		1,718
Other		337
Property, plant and equipment at fair value	$	5,031
Property, plant and equipment at book value		2,156
Step-up	$	2,875

Buildings	$	7,560
Land		894
Equipment		5,399
Property, plant and equipment at fair value	$	13,853
Property, plant and equipment at book value		5,333
Step-up	$	8,520

Business Combination, Intangible Asset, Acquired, Finite-Lived [Table Text Block]

	Estimated fair value		Estimated average useful lives
Tradename		636		20
Backlog		21	<1
Customer relationship		1,201		15
Computer Software - External		71		5
Developed technology		918		20
	$	2,847

	Estimated fair value		Estimated average useful lives
Customer relationships	$	1,525		12
Tradename		872		10
Technology know-how		980		7
Total	$	3,377