XML 19 R9.htm IDEA: XBRL DOCUMENT

Management representation	9 Months Ended
Management representation	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Management representation	Management representation In the opinion of the management of the Company, the accompanying unaudited consolidated financial statements contain all adjustments (consisting of only normal recurring adjustments) necessary to present fairly the Company's financial position as of March 31, 2019, the results of operations for the three and nine months ended March 31, 2019 and 2018 and cash flows for the nine months then ended. These financial statements should be read in conjunction with the consolidated financial statements and related notes included in the Company’s 2018 Annual Report on Form 10-K. Interim period results are not necessarily indicative of the results to be expected for the full fiscal year. Certain prior-year amounts have been reclassified to conform to current-year presentation. The Company has evaluated subsequent events that have occurred through the date these financial statements were issued. On April 29, 2019, the Company announced that it had entered into a definitive agreement under which the Company will acquire LORD Corporation ("Lord") for approximately $3.7 billion in cash. The acquisition remains subject to certain closing conditions. The Company intends to pay for the Lord acquisition with new debt.