Revenue recognition (Tables)

9 Months Ended

Mar. 31, 2019

Revenue from Contract with Customer [Abstract]

Aerospace Systems Segment revenues by product platform:



	Three Months Ended		Nine Months Ended
	March 31, 2019		March 31, 2019
Flight Control Actuation	$	191,664	$	544,270
Fuel and Inerting	165,642		466,950
Hydraulics	123,416		334,806
Engines	71,779		207,812
Fluid Conveyance	79,299		218,371
Other	20,298		60,680
Total	$	652,098	$	1,832,889

Total Company revenues by geographic region based on the Company's selling operation's location:



	Three Months Ended		Nine Months Ended
	March 31, 2019		March 31, 2019
North America	$	2,398,975	$	6,893,872
Europe	786,123		2,226,983
Asia Pacific	458,122		1,385,736
Latin America	44,298		132,266
Total	$	3,687,518	$	10,638,857

Diversified Industrial Segment revenues by technology platform:



	Three Months Ended		Nine Months Ended
	March 31, 2019		March 31, 2019
Motion Systems	$	899,948	$	2,615,878
Flow and Process Control	1,105,176		3,181,440
Filtration and Engineered Materials	1,030,296		3,008,650
Total	$	3,035,420	$	8,805,968

Contract assets and liabilities

Total contract assets and contract liabilities are as follows:



	March 31, 2019
Contract assets, current (included within Prepaid expenses and other)	$	25,529
Contract assets, noncurrent (included within Investments and other assets)	2,946
Total contract assets	28,475
Contract liabilities, current (included within Other accrued liabilities)	(72,159		)
Contract liabilities, noncurrent (included within Other liabilities)	(417		)
Total contract liabilities	(72,576		)
Net contract (liabilities)	$	(44,101	)

Cumulative effect of changes

The cumulative effect of the changes made to the Company’s Consolidated Balance Sheet as of July 1, 2018 related to the adoption of ASU 2014-09 is as follows:



	Balance as of		Cumulative Effect			Balance as of
	June 30, 2018		of Adjustments			July 1, 2018
Assets:
Trade accounts receivable, net	$	2,145,517	$	(11	)	$	2,145,506
Inventories	1,621,304		23,205			1,644,509
Prepaid expenses and other	134,886		14,575			149,461
Investments and other assets	801,049		2,020			803,069
Liabilities:
Other accrued liabilities	$	502,333	$	28,288		$	530,621
Other liabilities	526,089		5,160			531,249
Deferred income taxes	234,858		1,560			236,418
Equity:
Retained earnings	$	11,625,975	$	4,781		$	11,630,756