Financial Instruments (Tables)

12 Months Ended

Jun. 30, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Carrying value of long-term debt and estimated fair value of long-term debt

The carrying value of long-term debt and estimated fair value of long-term debt at June 30 are as follows:

	2018		2017
Carrying value of long-term debt	$	4,460,402	$	5,383,343
Estimated fair value of long-term debt	4,548,796		5,645,529

Location and fair value of derivative financial instruments reported in the consolidated balance sheet

The location and fair value of derivative financial instruments reported in the Consolidated Balance Sheet are as follows:

	Balance Sheet Caption	2018		2017
Net investment hedges
Cross-currency swap contracts	Other assets	$	7,614	$	15,135
Cash flow hedges
Costless collar contracts	Non-trade and notes receivable	932		430
Costless collar contracts	Other accrued liabilities	236		2,027

Gains (losses) on derivative and non-derivative financial instruments that were recorded in accumulated other comprehensive (loss)

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

	2018			2017
Cross-currency swap contracts	$	(9,209	)	$	(6,003	)
Foreign denominated debt	(9,543		)	(16,175		)

Summary of financial assets and liabilities that were measured at fair value on a recurring basis

A summary of financial assets and liabilities that were measured at fair value on a recurring basis at June 30, 2018 and 2017 are as follows:

	June 30, 2018		Quoted Prices In  Active Markets  (Level 1)		Significant Other  Observable Inputs  (Level 2)		Significant  Unobservable  Inputs  (Level 3)
Assets:
Equity securities	$	2,956	$	2,956	$	—	$	—
Corporate bonds	5,331		5,331		—		—
Asset-backed and mortgage-backed securities	3,911		—		3,911		—
Derivatives	14,110		—		14,110		—
Investments measured at net asset value	7,208
Liabilities:
Derivatives	5,315		—		5,315		—

	June 30, 2017		Quoted Prices In  Active Markets  (Level 1)		Significant Other  Observable Inputs  (Level 2)		Significant  Unobservable  Inputs  (Level 3)
Assets:
Equity securities	$	3,008	$	3,008	$	—	$	—
Corporate bonds	5,968		5,968		—		—
Asset-backed and mortgage-backed securities	4,762		—		4,762		—
Derivatives	16,496		—		16,496		—
Investments measured at net asset value	7,073
Liabilities:
Derivatives	16,064		—		16,064		—