XML 41 R37.htm IDEA: XBRL DOCUMENT v2.4.0.8
Financial Instruments (Tables)
12 Months Ended
Jun. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]
The carrying value of long-term debt (excluding capital leases) and estimated fair value of long-term debt (excluding capital leases) at June 30 are as follows:
 
 
2014

 
2013

Carrying value of long-term debt (excluding capital leases)
 
$
1,508,420

 
$
1,498,025

Estimated fair value of long-term debt (excluding capital leases)
 
1,708,723

 
1,654,886

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The location and fair value of derivative financial instruments reported in the Consolidated Balance Sheet are as follows:

 
Balance Sheet Caption
 
2014

 
2013

Net investment hedges
 
 
 
 
 
Cross-currency swap contracts
Other liabilities
 
$
45,790

 
$
22,438

Cash flow hedges
 
 
 
 
 
Costless collar contracts
Non-trade and notes receivable
 
3,508

 
1,422

Forward exchange contracts
Non-trade and notes receivable
 
(41
)
 
41

Costless collar contracts
Other accrued liabilities
 
378

 
953

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
Gains (losses) on derivative financial instruments that were recorded in the Consolidated Statement of Income are as follows:
        
 
2014

 
2013

 
2012

Forward exchange contracts
$
(81
)
 
$
(1,821
)
 
$
(4,156
)
Costless collar contracts
7,052

 
502

 
5,111


Gains (losses) on derivative and non-derivative financial instruments that were recorded in accumulated other comprehensive (loss) in the Consolidated Balance Sheet are as follows:
            
 
2014

 
2013

Cross-currency swap contracts
$
(14,426
)
 
$
(12,622
)
Foreign denominated debt
7,611

 
4,743