Acquisitions and Divestitures (Tables)

12 Months Ended

Jun. 30, 2020

The purchase price allocation for acquisitions in 2020 is as follows:



	Lord		Exotic
	October 29, 2019		September 16, 2019
Assets:
Cash and cash equivalents	$	74,013	$	8,179
Accounts receivable	153,765		81,336
Inventories	248,600		114,661
Prepaid expenses	24,131		1,343
Plant and equipment	409,163		178,393
Deferred income taxes	—		2,057
Other assets	42,220		1,226
Intangible assets	1,446,660		874,470
Goodwill	1,966,865		503,725
Total assets acquired	4,365,417		1,765,390
Liabilities:
Notes payable and long-term debt payable within one year	404		—
Accounts payable, trade	56,186		23,176
Accrued payrolls and other compensation	57,571		8,863
Accrued domestic and foreign taxes	2,898		2,123
Other accrued liabilities	87,810		25,662
Long-term debt	221,161		—
Pensions and other postretirement benefits	115,265		—
Deferred income taxes	303,958		—
Other liabilities	53,455		—
Noncontrolling interests	11,266		—
Total liabilities and noncontrolling interests assumed	909,974		59,824
Net assets acquired	$	3,455,443	$	1,705,566