Financial instruments (Tables)

9 Months Ended

Mar. 31, 2020

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:

	March 31, 2020		June 30, 2019
Carrying value of long-term debt	$	8,257,273	$	6,596,380
Estimated fair value of long-term debt	8,417,616		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	March 31, 2020		June 30, 2019
Net investment hedges
Cross-currency swap contracts	Non-trade and notes receivable	$	39,497	$	—
Cross-currency swap contracts	Investments and other assets	—		24,545
Cash flow hedges
Forward exchange contracts	Non-trade and notes receivable	13,160		13,242
Forward exchange contracts	Other accrued liabilities	50,271		2,578
Costless collar contracts	Non-trade and notes receivable	6,559		457
Costless collar contracts	Other accrued liabilities	1,839		1,934

Schedule of derivative and non-derivative financial instruments, gain recorded in accumulated other comprehensive (loss)

Gains 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				Nine Months Ended
	March 31,				March 31,
	2020		2019		2020		2019
Cross-currency swap contracts	$	5,821	$	6,748	$	12,372	$	14,367
Foreign denominated debt	9,574		13,287		17,898		24,558

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 March 31, 2020 and June 30, 2019 are as follows:

			Quoted Prices		Significant Other		Significant
	Fair		In Active		Observable		Unobservable
	Value at		Markets		Inputs		Inputs
	March 31, 2020		(Level 1)		(Level 2)		(Level 3)
Assets:
Equity securities	$	7,771	$	7,771	$	—	$	—
Derivatives	59,216		—		59,216		—
Liabilities:
Derivatives	52,110		—		52,110		—

			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		—