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Equity
 3 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Equity Equity

Changes in equity for the three months ended September 30, 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, 2019
$
90,523

 
$
462,086

 
$
12,777,538

 
$
(2,059,048
)
 
$
(5,309,130
)
 
$
6,183

 
$
5,968,152

Net income


 


 
338,898

 


 


 
143

 
339,041

Other comprehensive loss


 


 


 
(71,546
)
 


 
(150
)
 
(71,696
)
Dividends paid ($0.88 per share)


 


 
(113,352
)
 


 


 

 
(113,352
)
Stock incentive plan activity


 
2,354

 


 


 
28,293

 


 
30,647

Shares purchased at cost


 


 


 


 
(50,000
)
 


 
(50,000
)
Balance at September 30, 2019
$
90,523

 
$
464,440

 
$
13,003,084

 
$
(2,130,594
)
 
$
(5,330,837
)
 
$
6,176

 
$
6,102,792



 
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


 


 
375,711

 


 


 
188

 
375,899

Other comprehensive loss


 


 


 
(11,163
)
 


 
(89
)
 
(11,252
)
Dividends paid ($0.76 per share)


 


 
(100,869
)
 


 


 


 
(100,869
)
Stock incentive plan activity


 
6,460

 


 


 
21,626

 

 
28,086

Shares purchased at cost


 


 


 


 
(50,000
)
 

 
(50,000
)
Balance at September 30, 2018
$
90,523

 
$
503,052

 
$
11,902,300

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

 
$
6,107,106



Changes in accumulated other comprehensive (loss) in shareholders' equity by component for the three months ended September 30, 2019 and 2018 are as follows:
 
Foreign Currency Translation Adjustment and Other
 
Retirement Benefit Plans
 
Total
Balance at June 30, 2019
$
(1,011,656
)
 
$
(1,047,392
)
 
$
(2,059,048
)
Other comprehensive loss before reclassifications
(102,572
)
 
—

 
(102,572
)
Amounts reclassified from accumulated other comprehensive (loss)
—

 
31,026

 
31,026

Balance at September 30, 2019
$
(1,114,228
)
 
$
(1,016,366
)
 
$
(2,130,594
)


 
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
(38,614
)
 
—

 
(38,614
)
Amounts reclassified from accumulated other comprehensive (loss)
3,578

 
23,873

 
27,451

Balance at September 30, 2018
$
(980,247
)
 
$
(795,736
)
 
$
(1,775,983
)



Significant reclassifications out of accumulated other comprehensive (loss) in shareholders' equity for the three months ended September 30, 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
 
 
 
 
September 30, 2019
 
 
Retirement benefit plans
 
 
 
 
Amortization of prior service cost and initial net obligation
 
$
(1,483
)
 
Other (income), net
Recognized actuarial loss
 
(39,485
)
 
Other (income), net
Total before tax
 
(40,968
)
 

Tax benefit
 
9,942

 
 
Net of tax
 
$
(31,026
)
 


Details about Accumulated Other Comprehensive (Loss) Components
 
Income (Expense) Reclassified from Accumulated Other Comprehensive (Loss)
 
Consolidated Statement of Income Classification
 
 
Three Months Ended
 
 
 
 
September 30, 2018
 
 
Retirement benefit plans
 
 
 
 
Amortization of prior service cost and initial net obligation
 
$
(1,641
)
 
Other (income), net
Recognized actuarial loss
 
(29,297
)
 
Other (income), net
Total before tax
 
(30,938
)
 
 
Tax benefit
 
7,065

 
 
Net of tax
 
$
(23,873
)