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Financial instruments (Tables)
3 Months Ended
Sep. 30, 2019
Fair Value Disclosures [Abstract]  
Schedule of carrying values and estimated fair values of long-term debt
The carrying value of long-term debt and estimated fair value of long-term debt are as follows:
 
 
September 30,
2019
 
June 30,
2019
Carrying value of long-term debt
 
$
7,488,226

 
$
6,596,380

Estimated fair value of long-term debt
 
8,031,347

 
7,012,641


Schedule of fair value derivative instruments reported in consolidated balance sheet
The location and fair value of derivative financial instruments reported in the Consolidated Balance Sheet are as follows:
 
 
Balance Sheet Caption
 
September 30,
2019
 
June 30,
2019
Net investment hedges
 
 
 
 
 
 
Cross-currency swap contracts
 
Other assets
 
$
37,547

 
$
24,545

Cash flow hedges
 
 
 
 
 
 
Forward exchange contracts
 
Non-trade and notes receivable
 
15,481

 
13,242

Forward exchange contracts
 
Other accrued liabilities
 
4,990

 
2,578

Costless collar contracts
 
Non-trade and notes receivable
 
352

 
457

Costless collar contracts
 
Other accrued liabilities
 
1,292

 
1,934


Schedule of derivative and non-derivative financial instruments, gain (losses) recorded in accumulated other comprehensive (loss)
Gains (losses) on derivative and non-derivative financial instruments that were recorded in accumulated other comprehensive (loss) in the Consolidated Balance Sheet are as follows:
 
Three Months Ended
 
September 30,

2019
 
2018
Cross-currency swap contracts
$
10,384

 
$
1,920

Foreign denominated debt
24,925

 
4,127


Schedule of financial assets and liabilities measured at fair value on a recurring basis
A summary of financial assets and liabilities that were measured at fair value on a recurring basis at September 30, 2019 and June 30, 2019 are as follows:
 
 
 
 
Quoted Prices

 
Significant Other

 
Significant

 
 
Fair

 
In Active

 
Observable

 
Unobservable

 
 
Value at

 
Markets

 
Inputs

 
Inputs

 
 
September 30, 2019

 
(Level 1)

 
(Level 2)

 
(Level 3)

Assets:
 
 
 
 
 
 
 
 
Equity securities
 
$
7,133

 
$
7,133

 
$

 
$

Derivatives
 
53,380

 

 
53,380

 

Investments measured at net asset value
 
2,612

 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
Derivatives
 
6,282

 

 
6,282

 


 
 
 
 
Quoted Prices

 
Significant Other

 
Significant

 
 
Fair

 
In Active

 
Observable

 
Unobservable

 
 
Value at

 
Markets

 
Inputs

 
Inputs

 
 
June 30, 2019

 
(Level 1)

 
(Level 2)

 
(Level 3)

Assets:
 
 
 
 
 
 
 
 
Equity securities
 
$
7,533

 
$
7,533

 
$

 
$

Derivatives
 
38,244

 

 
38,244

 

Investments measured at net asset value
 
9,728

 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
Derivatives
 
4,512

 

 
4,512