Financial instruments (Tables)

3 Months Ended

Sep. 30, 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:

	September 30, 2020		June 30, 2020
Carrying value of long-term debt	$	7,171,976	$	7,809,541
Estimated fair value of long-term debt	8,139,320		8,574,401

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, 2020		June 30, 2020
Net investment hedges
Cross-currency swap contracts	Other liabilities	$	52,257	$	30,860
Cash flow hedges
Forward exchange contracts	Non-trade and notes receivable	12,873		5,311
Forward exchange contracts	Other accrued liabilities	1,491		3,474
Costless collar contracts	Non-trade and notes receivable	2,107		2,250
Costless collar contracts	Other accrued liabilities	4,721		661

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

(Losses) gains on derivative and non-derivative financial instruments that were recorded in accumulated other comprehensive (loss) on the Consolidated Balance Sheet are as follows:

	Three Months Ended
	September 30,
	2020			2019
Cross-currency swap contracts	$	(17,134	)	$	10,384
Foreign denominated debt	(25,727		)	24,925

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, 2020 and June 30, 2020 are as follows:

			Quoted Prices		Significant Other		Significant
	Fair		In Active		Observable		Unobservable
	Value at		Markets		Inputs		Inputs
	September 30, 2020		(Level 1)		(Level 2)		(Level 3)
Assets:
Equity securities	$	8,547	$	8,547	$	—	$	—
Derivatives	14,980		—		14,980		—
Liabilities:
Derivatives	58,469		—		58,469		—

			Quoted Prices		Significant Other		Significant
	Fair		In Active		Observable		Unobservable
	Value at		Markets		Inputs		Inputs
	June 30, 2020		(Level 1)		(Level 2)		(Level 3)
Assets:
Equity securities	$	7,901	$	7,901	$	—	$	—
Derivatives	7,561		—		7,561		—
Liabilities:
Derivatives	34,995		—		34,995		—