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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flows From Operating Activities    
Net income $ 195,026 $ 280,171
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 48,534 52,773
Amortization 29,688 28,995
Share incentive plan compensation 35,381 40,559
Deferred income taxes 2,970 47,166
Foreign currency transaction gain (5,254) (12,725)
(Gain) loss on sale of plant and equipment (1,071) 7,262
Gain on Sale of Businesses 0 (5,782)
Gain on sale of marketable securities (54) 0
Changes in assets and liabilities, net of effects from acquisitions:    
Accounts receivable, net 66,355 77,908
Inventories (25,696) (112,962)
Prepaid expenses 44,517 10,130
Other assets 18,301 (471)
Accounts payable, trade (75,822) (24,964)
Accrued payrolls and other compensation (113,071) (107,459)
Accrued domestic and foreign taxes (11,264) (60,241)
Other accrued liabilities (10,765) 439
Pensions and other postretirement benefits (167,457) 45,815
Other liabilities (25,350) (5,740)
Net cash provided by operating activities 4,968 260,874
Cash Flows From Investing Activities    
Acquisitions (net of cash of $3,814 in 2015) (67,552) 0
Capital expenditures (38,681) (54,709)
Proceeds from sale of plant and equipment 3,847 2,736
Proceeds from Sale of Businesses 0 22,770
Purchase of marketable securities and other investments (430,533) (497,192)
Maturities of marketable securities and other investments 371,766 50,528
Other (40,273) (5,060)
Net cash (used in) investing activities (201,426) (480,927)
Cash Flows From Financing Activities    
Proceeds from exercise of stock options 56 987
Payments for common shares (310,000) (54,793)
Tax benefit from stock incentive plan compensation 5,480 9,312
Proceeds from (payments for) notes payable, net 406,799 (113,272)
Proceeds from long-term borrowings 395 1
Payments for long-term borrowings (2,407) (294)
Dividends (85,987) (71,607)
Net cash provided by (used in) financing activities 14,336 (229,666)
Effect of exchange rate changes on cash (24,194) (71,699)
Net (decrease) in cash and cash equivalents (206,316) (521,418)
Cash and cash equivalents at beginning of year 1,180,584 1,613,555
Cash and cash equivalents at end of period $ 974,268 $ 1,092,137