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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
Cash Flows From Operating Activities      
Net Income $ 1,061,315 $ 983,844 $ 807,216
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 237,806 202,868 190,308
Amortization 228,279 152,361 116,535
Stock incentive plan compensation 118,831 80,339 71,293
Deferred income taxes (41,412) 37,024 (65,686)
Foreign currency transaction loss 7,284 8,060 22,750
(Gain) loss on sale of plant and equipment (24,422) 1,494 414
Loss (gain) on sale of businesses 19,666 (41,285) (10,666)
Loss on sale and impairment of investments 41,219 0 0
(Gain) on sale of marketable securities (2) (1,032) (723)
Changes in assets and liabilities, net of effects from acquisitions:      
Accounts receivable (301,978) (95,347) 17,549
Inventories (92,209) (73,673) 120,243
Prepaid expenses (16,206) 2,410 136,034
Other assets (13,293) (3,887) (5,033)
Accounts payable, trade 125,907 174,761 (52,378)
Accrued payrolls and other compensation (4,614) 5,922 (22,865)
Accrued domestic and foreign taxes 44,019 18,165 (6,285)
Other accrued liabilities (5,567) (59,738) (31,633)
Pensions and other postretirement benefits 31,239 (103,866) (45,796)
Other liabilities 184,425 14,051 (30,499)
Net cash provided by operating activities 1,600,287 1,302,471 1,210,778
Cash Flows From Investing Activities      
Acquisitions (less cash acquired of $157,426 in 2017 and $3,814 in 2016) 0 (4,069,197) (67,552)
Capital expenditures (247,667) (203,748) (149,407)
Proceeds from sale of plant and equipment 81,881 14,648 18,821
Proceeds from sale of businesses 177,741 85,610 24,325
Purchase of marketable securities and other investments (80,607) (465,666) (1,351,464)
Maturities and sales of marketable securities and other investments 83,905 1,279,318 1,300,633
Other 4,837 (6,113) (39,995)
Net cash provided by (used in) investing activities 20,090 (3,365,148) (264,639)
Cash Flows From Financing Activities      
Net cash proceeds 3,682 2,202 126
Payments for common shares (381,041) (338,078) (587,365)
Proceeds from notes payable, net 4,115 230,499 303,624
Proceeds from long-term borrowings 1,189 2,614,463 2,287
Payments for long-term borrowings (944,629) (381,078) (220,068)
Dividends paid (365,288) (345,380) (341,962)
Net cash (used in) provided by financing activities (1,681,972) 1,782,628 (843,358)
Effect of exchange rate changes on cash (1,154) (56,718) (61,712)
Net (decrease) increase in cash and cash equivalents (62,749) (336,767) 41,069
Cash and cash equivalents at beginning of year 884,886 1,221,653 1,180,584
Cash and cash equivalents at end of year 822,137 884,886 1,221,653
Cash paid during the year for:      
Interest 200,860 131,937 133,999
Income taxes $ 408,765 $ 268,127 $ 250,155