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Equity
 9 Months Ended
Mar. 31, 2014
Equity [Abstract]  
Equity
Equity
Changes in equity for the three months ended March 31, 2014 and 2013 are as follows:
 
 
Shareholders’
Equity
 
Noncontrolling
Interests
 
Total Equity
Balance at December 31, 2013
$
6,295,226

 
$
3,060

 
$
6,298,286

Net income
242,406

 
112

 
242,518

Other comprehensive income
26,077

 
86

 
26,163

Dividends paid
(71,777
)
 
(21
)
 
(71,798
)
Stock incentive plan activity
9,064

 
—

 
9,064

Shares purchased at cost
(50,000
)
 
—

 
(50,000
)
Balance at March 31, 2014
$
6,450,996

 
$
3,237

 
$
6,454,233

 
 
 
 
 
 
 
Shareholders’
Equity
 
Noncontrolling
Interests
 
Total Equity
Balance at December 31, 2012
$
5,325,717

 
$
3,272

 
$
5,328,989

Net income
256,560

 
32

 
256,592

Other comprehensive income (loss)
(88,696
)
 
46

 
(88,650
)
Dividends paid
(64,377
)
 
—

 
(64,377
)
Stock incentive plan activity
28,996

 
—

 
28,996

Shares purchased at cost
(49,142
)
 
—

 
(49,142
)
Balance at March 31, 2013
$
5,409,058

 
$
3,350

 
$
5,412,408



7. Equity, cont'd

Changes in equity for the nine months ended March 31, 2014 and 2013 are as follows:
 
Shareholders’
Equity
 
Noncontrolling
Interests
 
Total Equity
Balance at June 30, 2013
$
5,738,426

 
$
3,055

 
$
5,741,481

Net income
740,010

 
232

 
740,242

Other comprehensive income (loss)
260,756

 
(29
)
 
260,727

Dividends paid
(206,495
)
 
(21
)
 
(206,516
)
Stock incentive plan activity
68,299

 
—

 
68,299

Shares purchased at cost
(150,000
)
 
—

 
(150,000
)
Balance at March 31, 2014
$
6,450,996

 
$
3,237

 
$
6,454,233

 
 
 
 
 
 
 
Shareholders’
Equity
 
Noncontrolling
Interests
 
Total Equity
Balance at June 30, 2012
$
4,896,515

 
$
9,215

 
$
4,905,730

Net income
677,263

 
391

 
677,654

Other comprehensive income (loss)
140,064

 
(1,478
)
 
138,586

Dividends paid
(186,978
)
 
(727
)
 
(187,705
)
Stock incentive plan activity
85,282

 
—

 
85,282

Acquisition activity
3,231

 
(4,051
)
 
(820
)
Shares purchased at cost
(206,319
)
 
—

 
(206,319
)
Balance at March 31, 2013
$
5,409,058

 
$
3,350

 
$
5,412,408


As of July 1, 2013, the Company adopted the provisions of FASB Accounting Standards Update No. 2013-02, "Reporting Amounts Reclassified Out of Accumulated Other Comprehensive Income." As a result of this adoption, the Company has presented the significant items reclassified to net income in their entirety during the period in the table below.

Changes in accumulated other comprehensive (loss) in shareholder's equity by component:
 
Foreign Currency Translation Adjustment
 
Retirement Benefit Plans
 
Other
 
Total
Balance at June 30, 2013
$
(68,328
)
 
$
(1,039,072
)
 
$
(433
)
 
$
(1,107,833
)
Other comprehensive income before reclassifications
178,802

 
—

 
—

 
178,802

Amounts reclassified from accumulated other comprehensive (loss)
—

 
81,801

 
153

 
81,954

Balance at March 31, 2014
$
110,474

 
$
(957,271
)
 
$
(280
)
 
$
(847,077
)


7. Equity, cont'd

Reclassifications out of accumulated other comprehensive (loss) in shareholder's equity:
Details about Accumulated Other Comprehensive (Loss) Components
 
Income (Expense) Reclassified from Accumulated Other Comprehensive (Loss)
 
Consolidated Statement of Income Classification
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
 
March 31, 2014
 
March 31, 2014
 
 
Retirement benefit plans
 
 
 
 
 
 
Amortization of prior service cost and initial net obligation
 
$
(2,913
)
 
$
(8,765
)
 
See Note 9
Recognized actuarial loss
 
(39,970
)
 
(120,349
)
 
See Note 9
Total before tax
 
(42,883
)
 
(129,114
)
 

Tax benefit
 
15,704

 
47,313

 
Income taxes
Net of tax
 
$
(27,179
)
 
$
(81,801
)
 

 
 
 
 
 
 
 
Other
 
 
 
 
 
 
   Realized loss on cash flow hedges
 
$
(76
)
 
$
(228
)
 
Interest expense
   Tax benefit
 
25

 
75

 
Income taxes
   Net of tax
 
$
(51
)
 
$
(153
)