XML 37 R18.htm IDEA: XBRL DOCUMENT v3.10.0.1
Equity
 6 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Equity
Equity

Changes in equity for the three months ended December 31, 2018 and 2017 are as follows:
 
Common Stock
 
Additional Capital
 
Retained Earnings
 
Accumulated Other Comprehensive (Loss)
 
Treasury Shares
 
Noncontrolling
Interests
 
Total Equity
Balance at September 30, 2018
$
90,523

 
$
503,052

 
$
11,902,300

 
$
(1,775,983
)
 
$
(4,618,512
)
 
$
5,726

 
$
6,107,106

Net income


 


 
311,737

 


 


 
176

 
311,913

Other comprehensive income (loss)


 


 


 
(19,514
)
 


 
55

 
(19,459
)
Dividends paid ($0.76 per share)


 


 
(99,589
)
 


 


 

 
(99,589
)
Stock incentive plan activity


 
18,802

 


 


 
2,393

 


 
21,195

Shares purchased at cost


 


 


 


 
(500,000
)
 


 
(500,000
)
Balance at December 31, 2018
$
90,523

 
$
521,854

 
$
12,114,448

 
$
(1,795,497
)
 
$
(5,116,119
)
 
$
5,957

 
$
5,821,166



 
Common Stock
 
Additional Capital
 
Retained Earnings
 
Accumulated Other Comprehensive (Loss)
 
Treasury Shares
 
Noncontrolling
Interests
 
Total Equity
Balance at September 30, 2017
$
90,523

 
$
528,956

 
$
11,127,641

 
$
(1,824,503
)
 
$
(4,397,677
)
 
$
5,719

 
$
5,530,659

Net income


 


 
56,159

 


 


 
163

 
56,322

Other comprehensive income (loss)


 


 


 
56,775

 


 
(73
)
 
56,702

Dividends paid ($0.66 per share)


 


 
(88,083
)
 


 


 


 
(88,083
)
Stock incentive plan activity


 
5,047

 


 


 
8,563

 

 
13,610

Shares purchased at cost


 


 


 


 
(50,000
)
 

 
(50,000
)
Balance at December 31, 2017
$
90,523

 
$
534,003

 
$
11,095,717

 
$
(1,767,728
)
 
$
(4,439,114
)
 
$
5,809

 
$
5,519,210


Changes in equity for the six months ended December 31, 2018 and 2017 are as follows:
 
Common Stock
 
Additional Capital
 
Retained Earnings
 
Accumulated Other Comprehensive (Loss)
 
Treasury Shares
 
Noncontrolling
Interests
 
Total Equity
Balance at June 30, 2018
$
90,523

 
$
496,592

 
$
11,625,975

 
$
(1,763,086
)
 
$
(4,590,138
)
 
$
5,627

 
$
5,865,493

Impact of adoption of accounting standards


 


 
1,483

 
(1,734
)
 


 


 
(251
)
Net income


 


 
687,448

 


 


 
364

 
687,812

Other comprehensive (loss)


 


 


 
(30,677
)
 


 
(34
)
 
(30,711
)
Dividends paid ($1.52 per share)


 


 
(200,458
)
 


 


 

 
(200,458
)
Stock incentive plan activity


 
25,262

 


 


 
24,019

 


 
49,281

Shares purchased at cost


 


 


 


 
(550,000
)
 


 
(550,000
)
Balance at December 31, 2018
$
90,523

 
$
521,854

 
$
12,114,448

 
$
(1,795,497
)
 
$
(5,116,119
)
 
$
5,957

 
$
5,821,166


 
Common Stock
 
Additional Capital
 
Retained Earnings
 
Accumulated Other Comprehensive (Loss)
 
Treasury Shares
 
Noncontrolling
Interests
 
Total Equity
Balance at June 30, 2017
$
90,523

 
$
543,879

 
$
10,930,348

 
$
(1,924,204
)
 
$
(4,378,897
)
 
$
5,697

 
$
5,267,346

Net income


 


 
341,556

 


 


 
301

 
341,857

Other comprehensive income (loss)


 


 


 
156,476

 


 
(160
)
 
156,316

Dividends paid ($1.32 per share)


 


 
(176,187
)
 


 


 


 
(176,187
)
Stock incentive plan activity


 
(9,876
)
 


 


 
39,783

 

 
29,907

Acquisition activity


 


 


 


 


 
(29
)
 
(29
)
Shares purchased at cost


 


 


 


 
(100,000
)
 

 
(100,000
)
Balance at December 31, 2017
$
90,523

 
$
534,003

 
$
11,095,717

 
$
(1,767,728
)
 
$
(4,439,114
)
 
$
5,809

 
$
5,519,210


Changes in accumulated other comprehensive (loss) in shareholders' equity by component for the six months ended December 31, 2018 and 2017 are as follows:
 
Foreign Currency Translation Adjustment and Other
 
Retirement Benefit Plans
 
Total
Balance at June 30, 2018
$
(943,477
)
 
$
(819,609
)
 
$
(1,763,086
)
Impact of adoption of ASU 2016-01
(1,734
)
 
—

 
(1,734
)
Other comprehensive loss before reclassifications
(82,655
)
 
—

 
(82,655
)
Amounts reclassified from accumulated other comprehensive (loss)
3,578

 
48,400

 
51,978

Balance at December 31, 2018
$
(1,024,288
)
 
$
(771,209
)
 
$
(1,795,497
)


 
Foreign Currency Translation Adjustment and Other
 
Retirement Benefit Plans
 
Total
Balance at June 30, 2017
$
(925,342
)
 
$
(998,862
)
 
$
(1,924,204
)
Other comprehensive income before reclassifications
101,429

 
—

 
101,429

Amounts reclassified from accumulated other comprehensive (loss)
—

 
55,047

 
55,047

Balance at December 31, 2017
$
(823,913
)
 
$
(943,815
)
 
$
(1,767,728
)



Significant reclassifications out of accumulated other comprehensive (loss) in shareholders' equity for the three and six months ended December 31, 2018 and 2017 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
 
Six Months Ended
 
 
 
 
December 31, 2018
 
December 31, 2018
 
 
Retirement benefit plans
 
 
 
 
 
 
Amortization of prior service cost and initial net obligation
 
$
(1,652
)
 
$
(3,293
)
 
Other (income) expense, net
Recognized actuarial loss
 
(30,696
)
 
(59,993
)
 
Other (income) expense, net
Total before tax
 
(32,348
)
 
(63,286
)
 

Tax benefit
 
7,821

 
14,886

 
 
Net of tax
 
$
(24,527
)
 
$
(48,400
)
 


Details about Accumulated Other Comprehensive (Loss) Components
 
Income (Expense) Reclassified from Accumulated Other Comprehensive (Loss)
 
Consolidated Statement of Income Classification
 
 
Three Months Ended
 
Six Months Ended
 
 
 
 
December 31, 2017
 
December 31, 2017
 
 
Retirement benefit plans
 
 
 
 
 
 
Amortization of prior service cost and initial net obligation
 
$
(1,545
)
 
$
(3,683
)
 
Other (income) expense, net
Recognized actuarial loss
 
(35,929
)
 
(74,960
)
 
Other (income) expense, net
Total before tax
 
(37,474
)
 
(78,643
)
 
 
Tax benefit
 
9,162

 
23,596

 
 
Net of tax
 
$
(28,312
)
 
$
(55,047
)