Financial Instruments (Tables)

6 Months Ended

Dec. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

The carrying value of long-term debt (excluding capital leases) and estimated fair value of long-term debt (excluding capital leases) are as follows:

	December 31, 2014		June 30, 2014
Carrying value of long-term debt (excluding capital leases)	$	2,967,468	$	1,508,420
Estimated fair value of long-term debt (excluding capital leases)	3,242,988		1,708,723

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following summarizes the location and fair value of derivative financial instruments reported in the Consolidated Balance Sheet as of December 31, 2014 and June 30, 2014:

	Balance Sheet Caption	December 31, 2014		June 30, 2014
Net investment hedges
Cross-currency swap contracts	Other liabilities	$	9,971	$	45,790
Cash flow hedges
Costless collar contracts	Non-trade and notes receivable	4,408		3,508
Forward exchange contracts	Non-trade and notes receivable	432		(41		)
Costless collar contracts	Other accrued liabilities	4,772		378

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:

	Three Months Ended						Six Months Ended
	December 31,						December 31,
	2014			2013			2014			2013
Forward exchange contracts	$	462		$	(595	)	$	479		$	(624	)
Costless collar contracts	(24		)	3,729			(1,364		)	6,720

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:

	Three Months Ended					Six Months Ended
	December 31,					December 31,
	2014		2013			2014		2013
Cross-currency swap contracts	$	10,233	$	(4,852	)	$	22,128	$	(11,488	)
Foreign denominated debt	9,255		(296		)	25,145		(6,882		)

Schedule of Financial Assets & Liabilities Measured at Fair Value

A summary of financial assets and liabilities that were measured at fair value on a recurring basis at December 31, 2014 and June 30, 2014 are as follows:

			Quoted Prices		Significant Other		Significant
	Total		In Active		Observable		Unobservable
	Value at		Markets		Inputs		Inputs
	December 31, 2014		(Level 1)		(Level 2)		(Level 3)
Assets:
Fixed income mutual funds	$	118,417	$	62,378	$	56,039	$	—
Derivatives	4,840		—		4,840		—
Liabilities:
Derivatives	14,743		—		14,743		—

			Quoted Prices		Significant Other		Significant
	Total		In Active		Observable		Unobservable
	Value at		Markets		Inputs		Inputs
	June 30, 2014		(Level 1)		(Level 2)		(Level 3)
Assets:
Derivatives	$	3,508	$	—	$	3,508	$	—
Liabilities:
Derivatives	46,209		—		46,209		—