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Equity
 12 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Equity
Equity
Changes in accumulated other comprehensive (loss) in shareholders' equity by component:

 
Foreign Currency Translation Adjustment and Other
 
Retirement Benefit Plans
 
Total
Balance June 30, 2015
$
(641,018
)
 
$
(1,097,600
)
 
$
(1,738,618
)
Other comprehensive (loss) before reclassifications
(202,444
)
 
(400,053
)
 
(602,497
)
Amounts reclassified from accumulated other comprehensive (loss)
(659
)
 
114,009

 
113,350

Balance June 30, 2016
$
(844,121
)
 
$
(1,383,644
)
 
$
(2,227,765
)
Other comprehensive (loss) before reclassifications
(80,189
)
 
242,414

 
162,225

Amounts reclassified from accumulated other comprehensive (loss)
(1,032
)
 
142,368

 
141,336

Balance June 30, 2017
$
(925,342
)
 
$
(998,862
)
 
$
(1,924,204
)


Significant reclassifications out of accumulated other comprehensive (loss) in shareholders' equity during 2017:
Details about Accumulated Other Comprehensive (Loss) Components
 
Income (Expense) Reclassified from Accumulated Other Comprehensive (Loss)
 
Consolidated Statement of Income Classification
Retirement benefit plans
 
 
 
 
Amortization of prior service cost and initial net obligation
 
$
(8,014
)
 
See Note 10
Recognized actuarial loss
 
(214,284
)
 
See Note 10
Total before tax
 
(222,298
)
 
 
Tax benefit
 
79,930

 
Income taxes
Net of tax
 
$
(142,368
)
 
 

Significant reclassifications out of accumulated other comprehensive (loss) in shareholders' equity during 2016:
Details about Accumulated Other Comprehensive (Loss) Components
 
Income (Expense) Reclassified from Accumulated Other Comprehensive (Loss)
 
Consolidated Statement of Income Classification
Retirement benefit plans
 
 
 
 
Amortization of prior service cost and initial net obligation
 
$
(7,366
)
 
See Note 10
Recognized actuarial loss
 
(171,337
)
 
See Note 10
Total before tax
 
(178,703
)
 
 
Tax benefit
 
64,694

 
Income taxes
Net of tax
 
$
(114,009
)
 
 




Share Repurchases - The Company has a program to repurchase its common shares. On October 22, 2014, the Board of Directors of the Company approved an increase in the overall number of shares authorized to repurchase under the program so that, beginning on such date, the aggregate number of shares authorized for repurchase was 35 million. There is no limitation on the number of shares that can be repurchased in a year. Repurchases may be funded primarily from operating cash flows and commercial paper borrowings and the shares are initially held as treasury shares. The number of common shares repurchased at the average purchase price follows:

 
2017

 
2016

 
2015

Shares repurchased
1,976,778

 
5,121,051

 
11,091,759

Average price per share
$
133.90

 
$
108.87

 
$
125.64