Equity

9 Months Ended

Mar. 31, 2021

Changes in equity for the three months ended March 31, 2021 and 2020 are as follows:


	Common Stock		Additional Capital		Retained Earnings		Accumulated Other Comprehensive (Loss)		Treasury Shares		Noncontrolling Interests		Total Equity
Balance at December 31, 2020	$	90,523	$	385,049	$	14,072,152	$	(2,130,506)	$	(5,311,236)	$	16,322	$	7,122,304
Net income					471,647						86		471,733

Other comprehensive (loss)							(25,784)				(463)		(26,247)
Dividends paid ($0.88 per share)					(113,887)						(218)		(114,105)
Stock incentive plan activity			(10,552)						14,796				4,244

Shares purchased at cost									(50,000)				(50,000)
Balance at March 31, 2021	$	90,523	$	374,497	$	14,429,912	$	(2,156,290)	$	(5,346,440)	$	15,727	$	7,407,929


	Common Stock		Additional Capital		Retained Earnings		Accumulated Other Comprehensive (Loss)		Treasury Shares		Noncontrolling Interests		Total Equity
Balance at December 31, 2019	$	90,523	$	455,862	$	13,094,252	$	(1,945,732)	$	(5,364,730)	$	12,326	$	6,342,501
Net income					367,253						116		367,369
Other comprehensive (loss)							(249,730)				(960)		(250,690)
Dividends paid ($0.88 per share)					(113,214)						(52)		(113,266)
Stock incentive plan activity			(3,705)						11,978				8,273
Acquisition activity											7		7
Shares purchased at cost									(46,767)				(46,767)
Balance at March 31, 2020	$	90,523	$	452,157	$	13,348,291	$	(2,195,462)	$	(5,399,519)	$	11,437	$	6,307,427

Changes in equity for the nine months ended March 31, 2021 and 2020 are as follows:


	Common Stock		Additional Capital		Retained Earnings		Accumulated Other Comprehensive (Loss)		Treasury Shares		Noncontrolling Interests		Total Equity
Balance at June 30, 2020	$	90,523	$	416,585	$	13,530,666	$	(2,558,875)	$	(5,364,916)	$	14,546	$	6,128,529

Net income					1,240,362						585		1,240,947
Other comprehensive income							402,585				813		403,398
Dividends paid ($2.64 per share)					(341,116)						(217)		(341,333)
Stock incentive plan activity			(42,088)						68,476				26,388

Shares purchased at cost									(50,000)				(50,000)
Balance at March 31, 2021	$	90,523	$	374,497	$	14,429,912	$	(2,156,290)	$	(5,346,440)	$	15,727	$	7,407,929


	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					910,625						383		911,008
Other comprehensive (loss)							(136,414)				(972)		(137,386)
Dividends paid ($2.64 per share)					(339,872)						(419)		(340,291)
Stock incentive plan activity			(9,929)						56,378				46,449
Acquisition activity											6,262		6,262
Shares purchased at cost									(146,767)				(146,767)
Balance at March 31, 2020	$	90,523	$	452,157	$	13,348,291	$	(2,195,462)	$	(5,399,519)	$	11,437	$	6,307,427

Changes in accumulated other comprehensive (loss) in shareholders' equity by component for the nine months ended March 31, 2021 and 2020 are as follows:


	Foreign Currency Translation Adjustment		Retirement Benefit Plans		Total
Balance at June 30, 2020	$	(1,193,937)	$	(1,364,938)	$	(2,558,875)
Other comprehensive income before reclassifications	281,726		—		281,726
Amounts reclassified from accumulated other comprehensive (loss)	—		120,859		120,859
Balance at March 31, 2021	$	(912,211)	$	(1,244,079)	$	(2,156,290)


	Foreign Currency Translation Adjustment		Retirement Benefit Plans		Total
Balance at June 30, 2019	$	(1,011,656)	$	(1,047,392)	$	(2,059,048)

Other comprehensive (loss) before reclassifications	(232,981)		—		(232,981)
Amounts reclassified from accumulated other comprehensive (loss)	—		96,567		96,567
Balance at March 31, 2020	$	(1,244,637)	$	(950,825)	$	(2,195,462)

Significant reclassifications out of accumulated other comprehensive (loss) in shareholders' equity for the three and nine months ended March 31, 2021 and 2020 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		Nine Months Ended
	March 31, 2021		March 31, 2021
Retirement benefit plans
Amortization of prior service cost and initial net obligation	$	(1,304)	$	(3,542)	Other (income), net
Recognized actuarial loss	(51,212)		(156,240)		Other (income), net
Total before tax	(52,516)		(159,782)
Tax benefit	12,793		38,923
Net of tax	$	(39,723)	$	(120,859)


Details about Accumulated Other Comprehensive (Loss) Components	Income (Expense) Reclassified from Accumulated Other Comprehensive (Loss)				Consolidated Statement of Income Classification
	Three Months Ended		Nine Months Ended
	March 31, 2020		March 31, 2020
Retirement benefit plans
Amortization of prior service cost and initial net obligation	$	(1,385)	$	(4,152)	Other (income), net
Recognized actuarial loss	(41,154)		(123,342)		Other (income), net
Total before tax	(42,539)		(127,494)
Tax benefit	10,414		30,927
Net of tax	$	(32,125)	$	(96,567)