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Equity (Notes)
9 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Equity
Equity

Changes in equity for the three months ended March 31, 2017 and 2016 are as follows:

 
Shareholders’
Equity
 
Noncontrolling
Interests
 
Total Equity
Balance at December 31, 2016
$
4,527,709

 
$
3,269

 
$
4,530,978

Net income
238,673

 
174

 
238,847

Other comprehensive income
118,311

 
301

 
118,612

Dividends paid
(88,171
)
 

 
(88,171
)
Stock incentive plan activity
(4,383
)
 

 
(4,383
)
Acquisition activity

 
1,843

 
1,843

Shares purchased at cost
(50,000
)
 

 
(50,000
)
Balance at March 31, 2017
$
4,742,139

 
$
5,587

 
$
4,747,726

 
 
 
 
 
 
 
Shareholders’
Equity
 
Noncontrolling
Interests
 
Total Equity
Balance at December 31, 2015
$
4,799,406

 
$
3,315

 
$
4,802,721

Net income
187,084

 
58

 
187,142

Other comprehensive income (loss)
159,190

 
(2
)
 
159,188

Dividends paid
(85,182
)
 

 
(85,182
)
Stock incentive plan activity
13,114

 

 
13,114

Shares purchased at cost
(50,000
)
 

 
(50,000
)
Balance at March 31, 2016
$
5,023,612

 
$
3,371

 
$
5,026,983

 
 
 
 
 
 


10. Equity, cont'd

Changes in equity for the nine months ended March 31, 2017 and 2016 are as follows:
 
Shareholders’
Equity
 
Noncontrolling
Interests
 
Total Equity
Balance at June 30, 2016
$
4,575,255

 
$
3,423

 
$
4,578,678

Net income
690,107

 
378

 
690,485

Other comprehensive income (loss)
(65,068
)
 
281

 
(64,787
)
Dividends paid
(256,823
)
 
(338
)
 
(257,161
)
Stock incentive plan activity
13,360

 

 
13,360

Acquisition activity

 
1,843

 
1,843

Shares purchased at cost
(214,692
)
 

 
(214,692
)
Balance at March 31, 2017
$
4,742,139

 
$
5,587

 
$
4,747,726

 
 
 
 
 
 
 
Shareholders’
Equity
 
Noncontrolling
Interests
 
Total Equity
Balance at June 30, 2015
$
5,104,287

 
$
3,282

 
$
5,107,569

Net income
565,044

 
261

 
565,305

Other comprehensive income (loss)
13,080

 
(133
)
 
12,947

Dividends paid
(256,851
)
 
(39
)
 
(256,890
)
Stock incentive plan activity
48,052

 

 
48,052

Shares purchased at cost
(450,000
)
 

 
(450,000
)
Balance at March 31, 2016
$
5,023,612

 
$
3,371

 
$
5,026,983



Changes in accumulated other comprehensive (loss) in shareholders' equity by component for the nine months ended March 31, 2017 and 2016 are as follows:

 
Foreign Currency Translation Adjustment and Other
 
Retirement Benefit Plans
 
Total
Balance at June 30, 2016
$
(844,121
)
 
$
(1,383,644
)
 
$
(2,227,765
)
Other comprehensive (loss) before reclassifications
(169,883
)
 

 
(169,883
)
Amounts reclassified from accumulated other comprehensive (loss)
(1,032
)
 
105,847

 
104,815

Balance at March 31, 2017
$
(1,015,036
)
 
$
(1,277,797
)
 
$
(2,292,833
)

 
Foreign Currency Translation Adjustment and Other
 
Retirement Benefit Plans
 
Total
Balance at June 30, 2015
$
(641,018
)
 
$
(1,097,600
)
 
$
(1,738,618
)
Other comprehensive (loss) before reclassifications
(71,989
)
 

 
(71,989
)
Amounts reclassified from accumulated other comprehensive (loss)
(470
)
 
85,539

 
85,069

Balance at March 31, 2016
$
(713,477
)
 
$
(1,012,061
)
 
$
(1,725,538
)



10. Equity, cont'd

Significant reclassifications out of accumulated other comprehensive (loss) in shareholders' equity for the three and nine months ended March 31, 2017 and 2016 are as follows:
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, 2017
 
March 31, 2017
 
 
Retirement benefit plans
 
 
 
 
 
 
Amortization of prior service cost and initial net obligation
 
$
(1,735
)
 
$
(5,202
)
 
See Note 12
Recognized actuarial loss
 
(53,727
)
 
(159,946
)
 
See Note 12
Total before tax
 
(55,462
)
 
(165,148
)
 

Tax benefit
 
19,950

 
59,301

 
Income taxes
Net of tax
 
$
(35,512
)
 
$
(105,847
)
 



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, 2016
 
March 31, 2016
 
 
Retirement benefit plans
 
 
 
 
 
 
Amortization of prior service cost and initial net obligation
 
$
(1,842
)
 
$
(5,528
)
 
See Note 12
Recognized actuarial loss
 
(42,714
)
 
(128,538
)
 
See Note 12
Total before tax
 
(44,556
)
 
(134,066
)
 
 
Tax benefit
 
16,134

 
48,527

 
Income taxes
Net of tax
 
$
(28,422
)
 
$
(85,539
)