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Equity
 9 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Equity
Equity

Changes in equity for the three months ended March 31, 2019 and 2018 are as follows:
 
Common Stock
 
Additional Capital
 
Retained Earnings
 
Accumulated Other Comprehensive (Loss)
 
Treasury Shares
 
Noncontrolling
Interests
 
Total Equity
Balance at December 31, 2018
$
90,523

 
$
521,854

 
$
12,114,448

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

 
$
5,821,166

Net income


 


 
411,248

 


 


 
133

 
411,381

Other comprehensive income


 


 


 
66,582

 


 
44

 
66,626

Dividends paid ($0.76 per share)


 


 
(98,484
)
 


 


 
(64
)
 
(98,548
)
Stock incentive plan activity


 
7,289

 


 


 
8,134

 


 
15,423

Shares purchased at cost


 


 


 


 
(200,000
)
 


 
(200,000
)
Balance at March 31, 2019
$
90,523

 
$
529,143

 
$
12,427,212

 
$
(1,728,915
)
 
$
(5,307,985
)
 
$
6,070

 
$
6,016,048



 
Common Stock
 
Additional Capital
 
Retained Earnings
 
Accumulated Other Comprehensive (Loss)
 
Treasury Shares
 
Noncontrolling
Interests
 
Total Equity
Balance at December 31, 2017
$
90,523

 
$
534,003

 
$
11,095,717

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

 
$
5,519,210

Net income


 


 
365,989

 


 


 
141

 
366,130

Other comprehensive income


 


 


 
118,690

 


 
95

 
118,785

Dividends paid ($0.66 per share)


 


 
(88,030
)
 


 


 
(115
)
 
(88,145
)
Stock incentive plan activity


 
(5,806
)
 


 


 
16,109

 

 
10,303

Shares purchased at cost


 


 


 


 
(50,000
)
 

 
(50,000
)
Balance at March 31, 2018
$
90,523

 
$
528,197

 
$
11,373,676

 
$
(1,649,038
)
 
$
(4,473,005
)
 
$
5,930

 
$
5,876,283


Changes in equity for the nine months ended March 31, 2019 and 2018 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


 


 
1,098,696

 


 


 
497

 
1,099,193

Other comprehensive income


 


 


 
35,905

 


 
10

 
35,915

Dividends paid ($2.28 per share)


 


 
(298,942
)
 


 


 
(64
)
 
(299,006
)
Stock incentive plan activity


 
32,551

 


 


 
32,153

 


 
64,704

Shares purchased at cost


 


 


 


 
(750,000
)
 


 
(750,000
)
Balance at March 31, 2019
$
90,523

 
$
529,143

 
$
12,427,212

 
$
(1,728,915
)
 
$
(5,307,985
)
 
$
6,070

 
$
6,016,048


 
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


 


 
707,545

 


 


 
442

 
707,987

Other comprehensive income (loss)


 


 


 
275,166

 


 
(64
)
 
275,102

Dividends paid ($1.98 per share)


 


 
(264,217
)
 


 


 
(115
)
 
(264,332
)
Stock incentive plan activity


 
(15,682
)
 


 


 
55,892

 

 
40,210

Acquisition activity


 


 


 


 


 
(30
)
 
(30
)
Shares purchased at cost


 


 


 


 
(150,000
)
 

 
(150,000
)
Balance at March 31, 2018
$
90,523

 
$
528,197

 
$
11,373,676

 
$
(1,649,038
)
 
$
(4,473,005
)
 
$
5,930

 
$
5,876,283


Changes in accumulated other comprehensive (loss) in shareholders' equity by component for the nine months ended March 31, 2019 and 2018 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
(39,887
)
 
—

 
(39,887
)
Amounts reclassified from accumulated other comprehensive (loss)
3,578

 
72,214

 
75,792

Balance at March 31, 2019
$
(981,520
)
 
$
(747,395
)
 
$
(1,728,915
)


 
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
194,900

 
—

 
194,900

Amounts reclassified from accumulated other comprehensive (loss)
—

 
80,266

 
80,266

Balance at March 31, 2018
$
(730,442
)
 
$
(918,596
)
 
$
(1,649,038
)



Significant reclassifications out of accumulated other comprehensive (loss) in shareholders' equity for the three and nine months ended March 31, 2019 and 2018 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
 
Nine Months Ended
 
 
 
 
March 31, 2019
 
March 31, 2019
 
 
Retirement benefit plans
 
 
 
 
 
 
Amortization of prior service cost and initial net obligation
 
$
(1,639
)
 
$
(4,932
)
 
Other (income), net
Recognized actuarial loss
 
(29,763
)
 
(89,756
)
 
Other (income), net
Total before tax
 
(31,402
)
 
(94,688
)
 

Tax benefit
 
7,588

 
22,474

 
 
Net of tax
 
$
(23,814
)
 
$
(72,214
)
 


Details about Accumulated Other Comprehensive (Loss) Components
 
Income (Expense) Reclassified from Accumulated Other Comprehensive (Loss)
 
Consolidated Statement of Income Classification
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
 
March 31, 2018
 
March 31, 2018
 
 
Retirement benefit plans
 
 
 
 
 
 
Amortization of prior service cost and initial net obligation
 
$
(1,608
)
 
$
(5,291
)
 
Other (income), net
Recognized actuarial loss
 
(35,606
)
 
(110,566
)
 
Other (income), net
Total before tax
 
(37,214
)
 
(115,857
)
 
 
Tax benefit
 
11,996

 
35,591

 
 
Net of tax
 
$
(25,218
)
 
$
(80,266
)