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Consolidated Balance Sheet - USD ($)
$ in Thousands
Jun. 30, 2018
Jun. 30, 2017
Current Assets    
Cash and cash equivalents (Note 1) $ 822,137 $ 884,886
Marketable securities and other investments (Note 1) 32,995 39,318
Trade accounts receivable, net (Note 1) 2,145,517 1,930,751
Non-trade and notes receivable (Note 1) 328,399 254,987
Inventories (Note 6) 1,621,304 1,549,494
Prepaid expenses 134,886 120,282
Total Current Assets 5,085,238 4,779,718
Plant and equipment (Note 1) 5,215,253 5,186,748
Less: Accumulated depreciation 3,359,016 3,249,456
Plant and equipment, net 1,856,237 1,937,292
Deferred income taxes (Notes 1 and 4) 57,623 36,057
Investments and other assets (Note 1) 801,049 842,475
Intangible assets, net (Notes 1 and 7) 2,015,520 2,307,484
Goodwill (Notes 1 and 7) 5,504,420 5,586,878
Total Assets 15,320,087 15,489,904
Current Liabilities    
Notes payable and long-term debt payable within one year (Notes 8 and 9) 638,466 1,008,465
Accounts payable, trade 1,430,306 1,300,496
Accrued payrolls and other compensation 427,500 435,911
Accrued domestic and foreign taxes 198,878 153,137
Other accrued liabilities 502,333 497,851
Total Current Liabilities 3,197,483 3,395,860
Long-term debt (Note 9) 4,318,559 4,861,895
Pensions and other postretirement benefits (Note 10) 1,177,605 1,406,082
Deferred income taxes (Notes 1 and 4) 234,858 221,790
Other liabilities 526,089 336,931
Total Liabilities 9,454,594 10,222,558
Shareholders' Equity    
Serial preferred stock, $.50 par value, authorized 3,000,000 shares; none issued 0 0
Common stock, $.50 par value, authorized 600,000,000 shares; issued 181,046,128 shares in 2018 and 2017 90,523 90,523
Additional capital 496,592 543,879
Retained earnings 11,625,975 10,930,348
Accumulated other comprehensive (loss) (1,763,086) (1,924,204)
Treasury shares at cost: 48,632,105 in 2018 and 47,854,475 in 2017 (4,590,138) (4,378,897)
Total Shareholders' Equity 5,859,866 5,261,649
Noncontrolling interests 5,627 5,697
Total Equity 5,865,493 5,267,346
Total Liabilities and Equity $ 15,320,087 $ 15,489,904