Financial instruments (Tables)

9 Months Ended

Mar. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of carrying values and estimated fair values of long-term debt

The carrying value of long-term debt, which excludes the impact of net unamortized debt issuance costs, and estimated fair value of long-term debt are as follows:

	March 31, 2021		June 30, 2020
Carrying value of long-term debt	$	6,637,164	$	7,809,541
Estimated fair value of long-term debt	7,307,181		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	March 31, 2021		June 30, 2020
Net investment hedges
Cross-currency swap contracts	Other liabilities	$	73,144	$	30,860
Cash flow hedges
Forward exchange contracts	Non-trade and notes receivable	8,042		5,311
Forward exchange contracts	Other accrued liabilities	4,364		3,474
Costless collar contracts	Non-trade and notes receivable	490		2,250
Costless collar contracts	Other accrued liabilities	1,916		661

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) on the Consolidated Balance Sheet are as follows:

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2021		2020		2021		2020
Cross-currency swap contracts	$	5,188	$	5,821	$	(33,675)	$	12,372
Foreign denominated debt	25,636		9,574		(26,200)		17,898

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, 2021 and June 30, 2020 are as follows:

			Quoted Prices		Significant Other		Significant
	Fair		In Active		Observable		Unobservable
	Value at		Markets		Inputs		Inputs
	March 31, 2021		(Level 1)		(Level 2)		(Level 3)
Assets:
Equity securities	$	17,358	$	17,358	$	—	$	—
Derivatives	8,532		—		8,532		—
Liabilities:
Derivatives	79,424		—		79,424		—

			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		—