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Retirement Benefits (Tables)
12 Months Ended
Jun. 30, 2014
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:

 
2014

 
2013

 
2012

Benefit cost
 
 
 
 
 
Service cost
$
623

 
$
825

 
$
728

Interest cost
2,971

 
2,826

 
3,482

Net amortization and deferral
884

 
1,279

 
480

Net periodic benefit cost
$
4,478

 
$
4,930

 
$
4,690


 
2014

 
2013

Change in benefit obligation
 
 
 
Benefit obligation at beginning of year
$
75,544

 
$
83,654

Service cost
623

 
825

Interest cost
2,971

 
2,826

Actuarial loss (gain)
1,963

 
(6,752
)
Benefits paid
(4,894
)
 
(5,009
)
Benefit obligation at end of year
$
76,207

 
$
75,544

Funded status
$
(76,207
)
 
$
(75,544
)
Amounts recognized on the Consolidated Balance Sheet
 
 
 
Other accrued liabilities
$
(5,874
)
 
$
(6,068
)
Pensions and other postretirement benefits
(70,333
)
 
(69,476
)
Net amount recognized
$
(76,207
)
 
$
(75,544
)
 
 
 
 
Amounts recognized in Accumulated Other Comprehensive (Loss)
 
 
 
Net actuarial loss
$
14,074

 
$
13,115

Prior service (credit)
(797
)
 
(920
)
Net amount recognized
$
13,277

 
$
12,195

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

 
2014

 
2013

 
2012

Discount rate
4.1
%
 
3.62
%
 
5.0
%
Current medical cost trend rate
7.75
%
 
8.0
%
 
8.0
%
Ultimate medical cost trend rate
5.0
%
 
5.0
%
 
5.0
%
Medical cost trend rate decreases to ultimate in year
2021

 
2019

 
2019

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

 
2014

 
2013

Equity securities
42
%
 
57
%
Debt securities
48
%
 
30
%
Other
10
%
 
13
%
 
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
$
46,297

 
$
45,976

 
$
321

 
$

Equity securities
 
 
 
 
 
 
 
U.S. based companies
346,145

 
346,145

 

 

Non-U.S. based companies
220,911

 
220,911

 

 

Fixed income securities
 
 
 
 
 
 
 
Corporate bonds
234,719

 
101,227

 
133,492

 

Government issued securities
161,131

 
101,083

 
60,048

 

Mutual funds
 
 
 
 
 
 
 
Equity funds
192,293

 
191,301

 
992

 

Fixed income funds
223,662

 
189,375

 
34,287

 

Common/Collective trusts
 
 
 
 
 
 
 
Equity funds
695,195

 
85,461

 
609,734

 

Fixed income funds
1,069,207

 
48,649

 
1,020,558

 

Limited Partnerships
289,013

 
777

 
288,236

 

Miscellaneous
20,701

 

 
20,701

 

Total at June 30, 2014
$
3,499,274

 
$
1,330,905

 
$
2,168,369

 
$


 
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

 
$

Schedule of Employee Stock Ownership Plan (ESOP) Disclosures
 
2014

 
2013

 
2012

Shares held by ESOP
8,944,697

 
9,686,238

 
10,216,738

Company contributions to ESOP
$
63,441

 
$
61,067

 
$
58,067

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
$
83

 
$
(72
)
Effect on postretirement benefit obligation
2,011

 
(1,753
)
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:

 
2014

 
2013

 
2012

Benefit cost
 
 
 
 
 
Service cost
$
99,929

 
$
107,519

 
$
84,663

Interest cost
190,999

 
174,152

 
185,550

Expected return on plan assets
(226,884
)
 
(211,694
)
 
(201,845
)
Amortization of prior service cost
14,644

 
14,472

 
14,016

Amortization of unrecognized actuarial loss
159,584

 
200,849

 
105,788

Amortization of initial net obligation (asset)
19

 
22

 
(60
)
Net periodic benefit cost
$
238,291

 
$
285,320

 
$
188,112


 
2014

 
2013

Change in benefit obligation
 
 
 
Benefit obligation at beginning of year
$
4,382,563

 
$
4,506,521

Service cost
99,929

 
107,519

Interest cost
190,999

 
174,152

Actuarial loss (gain)
277,098

 
(241,674
)
Benefits paid
(286,066
)
 
(157,838
)
Plan amendments
(3,503
)
 
11,236

Acquisitions

 
1,283

Foreign currency translation and other
88,427

 
(18,636
)
Benefit obligation at end of year
$
4,749,447

 
$
4,382,563

 
 
 
 
Change in plan assets
 
 
 
Fair value of plan assets at beginning of year
$
3,096,616

 
$
2,700,050

Actual gain on plan assets
469,984

 
278,862

Employer contributions
146,237

 
291,018

Benefits paid
(286,066
)
 
(157,838
)
Acquisitions

 
285

Foreign currency translation and other
72,503

 
(15,761
)
Fair value of plan assets at end of year
$
3,499,274

 
$
3,096,616

Funded status
$
(1,250,173
)
 
$
(1,285,947
)
Amounts recognized on the Consolidated Balance Sheet
 
 
 
Other accrued liabilities
$
(11,333
)
 
$
(20,643
)
Pensions and other postretirement benefits
(1,238,840
)
 
(1,265,304
)
Net amount recognized
$
(1,250,173
)
 
$
(1,285,947
)
 
 
 
 
Amounts recognized in Accumulated Other Comprehensive (Loss)
 
 
 
Net actuarial loss
$
1,434,645

 
$
1,537,549

Prior service cost
37,137

 
54,630

Transition obligation
143

 
166

Net amount recognized
$
1,471,925

 
$
1,592,345

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:
 
2014

 
2013

 
2012

U.S. defined benefit plans
 
 
 
 
 
Discount rate
4.52
%
 
3.91
%
 
5.45
%
Average increase in compensation
5.13
%
 
5.21
%
 
5.21
%
Expected return on plan assets
8.0
%
 
8.0
%
 
8.0
%
Non-U.S. defined benefit plans
 
 
 
 
 
Discount rate
1.5 to 4.59%

 
1.75 to 4.7%

 
2.0 to 5.87%

Average increase in compensation
2.0 to 6.0%

 
2.0 to 6.0%

 
2.0 to 5.0%

Expected return on plan assets
1.0 to 6.25%

 
1.0 to 6.4%

 
1.0 to 7.5%

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:
 
2014

 
2013

U.S. defined benefit plans
 
 
 
Discount rate
4.05
%
 
4.52
%
Average increase in compensation
5.12
%
 
5.13
%
Non-U.S. defined benefit plans
 
 
 
Discount rate
0.9 to 4.2%

 
1.5 to 4.59%

Average increase in compensation
2.0 to 5.0%

 
2.0 to 6.0%