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Retirement Benefits (Tables)
12 Months Ended
Jun. 30, 2013
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Defined Benefit Plans Disclosures
A summary of the Company's other postretirement benefit plans follows:

 
2013

 
2012

 
2011

Benefit cost
 
 
 
 
 
Service cost
$
825

 
$
728

 
$
675

Interest cost
2,826

 
3,482

 
3,579

Net amortization and deferral
1,279

 
480

 
524

Net periodic benefit cost
$
4,930

 
$
4,690

 
$
4,778


 
2013

 
2012

Change in benefit obligation
 
 
 
Benefit obligation at beginning of year
$
83,654

 
$
73,139

Service cost
825

 
728

Interest cost
2,826

 
3,482

Actuarial (gain) loss
(6,752
)
 
11,447

Benefits paid
(5,009
)
 
(5,142
)
Benefit obligation at end of year
$
75,544

 
$
83,654

Funded status
$
(75,544
)
 
$
(83,654
)
Amounts recognized on the Consolidated Balance Sheet
 
 
 
Other accrued liabilities
$
(6,068
)
 
$
(5,041
)
Pensions and other postretirement benefits
(69,476
)
 
(78,613
)
Net amount recognized
$
(75,544
)
 
$
(83,654
)
 
 
 
 
Amounts recognized in Accumulated Other Comprehensive (Loss)
 
 
 
Net actuarial loss
$
13,115

 
$
21,246

Prior service (credit)
(920
)
 
(1,023
)
Net amount recognized
$
12,195

 
$
20,223

Schedule of Assumptions Used
The assumptions used to measure the net periodic benefit cost for postretirement benefit obligations are:

 
2013

 
2012

 
2011

Discount rate
3.62
%
 
5.00
%
 
5.01
%
Current medical cost trend rate
8.0
%
 
8.0
%
 
8.0
%
Ultimate medical cost trend rate
5.0
%
 
5.0
%
 
5.0
%
Medical cost trend rate decreases to ultimate in year
2019

 
2019

 
2018

Schedule of Allocation of Plan Assets
The weighted-average allocation of the majority of the assets related to defined benefit plans is as follows:

 
2013

 
2012

Equity securities
57
%
 
54
%
Debt securities
30
%
 
34
%
Other
13
%
 
12
%
 
100
%
 
100
%
Schedule of Changes in Fair Value of Plan Assets
 
Total
 
Quoted Prices In
 Active Markets
 (Level 1)
 
Significant Other
 Observable Inputs
 (Level 2)
 
Significant
 Unobservable
 Inputs
 (Level 3)
Cash and cash equivalents
$
65,170

 
$
64,208

 
$
962

 
$
—

Equity securities
 
 
 
 
 
 
 
U.S. based companies
366,692

 
366,692

 
—

 
—

Non-U.S. based companies
223,764

 
223,764

 
—

 
—

Fixed income securities
 
 
 
 
 
 
 
Corporate bonds
191,266

 
80,959

 
110,307

 
—

Government issued securities
108,212

 
57,278

 
50,934

 
—

Mutual funds
 
 
 
 
 
 
 
Equity funds
334,370

 
333,695

 
675

 
—

Fixed income funds
57,109

 
32,926

 
24,183

 
—

Common/Collective trusts
 
 
 
 
 
 
 
Equity funds
826,654

 
2,743

 
823,911

 
—

Fixed income funds
587,023

 
2,979

 
584,044

 
—

Limited Partnerships
302,913

 
—

 
302,913

 
—

Miscellaneous
33,443

 
772

 
32,671

 
—

Total at June 30, 2013
$
3,096,616

 
$
1,166,016

 
$
1,930,600

 
$
—


 
Total
 
Quoted Prices In
 Active Markets
 (Level 1)
 
Significant Other
 Observable Inputs
 (Level 2)
 
Significant
 Unobservable
 Inputs
 (Level 3)
Cash and cash equivalents
$
92,718

 
$
92,718

 
$
—

 
$
—

Equity securities

 
 
 
 
 
 
U.S. based companies
336,676

 
336,676

 
—

 
—

Non-U.S. based companies
245,460

 
245,460

 
—

 
—

Fixed income securities
 
 
 
 
 
 
 
Corporate bonds
188,859

 
58,038

 
130,821

 
—

Government issued securities
120,103

 
64,681

 
55,422

 
—

Mutual funds
 
 
 
 
 
 
 
Equity funds
337,374

 
336,747

 
627

 
—

Fixed income funds
222,147

 
218,208

 
3,939

 
—

Common/Collective trusts
 
 
 
 
 
 
 
Equity funds
661,622

 
—

 
661,622

 
—

Fixed income funds
392,398

 
—

 
392,398

 
—

Limited Partnerships
126,837

 
—

 
126,837

 
—

Miscellaneous
(24,144
)
 
664

 
(24,808
)
 
—

Total at June 30, 2012
$
2,700,050

 
$
1,353,192

 
$
1,346,858

 
$
—

Schedule of Employee Stock Ownership Plan (ESOP) Disclosures
 
2013

 
2012

 
2011

Shares held by ESOP
9,686,238

 
10,216,738

 
10,308,032

Company contributions to ESOP
$
61,067

 
$
58,067

 
$
52,627

Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates
A one percentage point change in assumed health care cost trend rates would have the following effects:

 
1% Increase

 
1% Decrease

Effect on total of service and interest cost components
$
158

 
$
(135
)
Effect on postretirement benefit obligation
2,437

 
(2,136
)
Pension Plans, Defined Benefit
 
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Defined Benefit Plans Disclosures
A summary of the Company's defined benefit pension plans follows:

 
2013

 
2012

 
2011

Benefit cost
 
 
 
 
 
Service cost
$
107,519

 
$
84,663

 
$
87,676

Interest cost
174,152

 
185,550

 
176,081

Expected return on plan assets
(211,694
)
 
(201,845
)
 
(200,303
)
Amortization of prior service cost
14,472

 
14,016

 
12,636

Amortization of unrecognized actuarial loss
200,849

 
105,788

 
109,436

Amortization of initial net obligation (asset)
22

 
(60
)
 
(63
)
Net periodic benefit cost
$
285,320

 
$
188,112

 
$
185,463


 
2013

 
2012

Change in benefit obligation
 
 
 
Benefit obligation at beginning of year
$
4,506,521

 
$
3,569,560

Service cost
107,519

 
84,663

Interest cost
174,152

 
185,550

Actuarial (gain) loss
(241,674
)
 
847,628

Benefits paid
(157,838
)
 
(152,417
)
Plan amendments
11,236

 
3,475

Acquisitions
1,283

 
40,324

Foreign currency translation and other
(18,636
)
 
(72,262
)
Benefit obligation at end of year
$
4,382,563

 
$
4,506,521

 
 
 
 
Change in plan assets
 
 
 
Fair value of plan assets at beginning of year
$
2,700,050

 
$
2,798,417

Actual gain on plan assets
278,862

 
4,515

Employer contributions
291,018

 
68,799

Benefits paid
(157,838
)
 
(152,417
)
Acquisitions
285

 
28,928

Foreign currency translation and other
(15,761
)
 
(48,192
)
Fair value of plan assets at end of year
$
3,096,616

 
$
2,700,050

Funded status
$
(1,285,947
)
 
$
(1,806,471
)
Amounts recognized on the Consolidated Balance Sheet
 
 
 
Other accrued liabilities
$
(20,643
)
 
$
(11,448
)
Pensions and other postretirement benefits
(1,265,304
)
 
(1,795,023
)
Net amount recognized
$
(1,285,947
)
 
$
(1,806,471
)
 
 
 
 
Amounts recognized in Accumulated Other Comprehensive (Loss)
 
 
 
Net actuarial loss
$
1,537,549

 
$
2,051,178

Prior service cost
54,630

 
57,756

Transition obligation
166

 
230

Net amount recognized
$
1,592,345

 
$
2,109,164

Benefit Obligations
 
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Assumptions Used
The assumptions used to measure net periodic benefit cost for the Company's significant defined benefit plans are:

 
2013

 
2012

 
2011

U.S. defined benefit plans
 
 
 
 
 
Discount rate
3.91
%
 
5.45
%
 
5.30
%
Average increase in compensation
5.21
%
 
5.21
%
 
5.21
%
Expected return on plan assets
8.0
%
 
8.0
%
 
8.5
%
Non-U.S. defined benefit plans
 
 
 
 
 
Discount rate
1.75 to 4.7%

 
2.0 to 5.87%

 
1.75 to 6.0%

Average increase in compensation
2.0 to 6.0%

 
2.0 to 5.0%

 
2.0 to 4.5%

Expected return on plan assets
1.0 to 6.4%

 
1.0 to 7.5%

 
1.0 to 8.0%

Benefit Costs
 
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Assumptions Used

The assumptions used to measure the benefit obligation for the Company's significant defined benefit plans are:

 
2013

 
2012

U.S. defined benefit plans
 
 
 
Discount rate
4.52
%
 
3.91
%
Average increase in compensation
5.13
%
 
5.21
%
Non-U.S. defined benefit plans
 
 
 
Discount rate
1.5 to 4.59%

 
1.75 to 4.7%

Average increase in compensation
2.0 to 6.0%

 
2.0 to 6.0%