Financial instruments (Tables)

9 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

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, 2022		June 30, 2021
Carrying value of long-term debt	$	6,588,048	$	6,646,029
Estimated fair value of long-term debt	6,680,555		7,527,268

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, 2022	June 30, 2021
Net investment hedges
Cross-currency swap contracts	Other liabilities	29,299	71,798
Cash flow hedges
Forward exchange contracts	Non-trade and notes receivable	30,355	5,376
Forward exchange contracts	Other accrued liabilities	9,540	9,435
Deal-contingent forward contracts	Other accrued liabilities	396,365	—
Costless collar contracts	Non-trade and notes receivable	279	110
Costless collar contracts	Other accrued liabilities	3,662	901

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,
	2022		2021		2022		2021
Cross-currency swap contracts	$	887	$	5,188	$	30,205	$	(33,675)
Foreign denominated debt	16,194		25,636		41,843		(26,200)

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, 2022 and June 30, 2021 are as follows:

			Quoted Prices		Significant Other		Significant
	Fair		In Active		Observable		Unobservable
	Value at		Markets		Inputs		Inputs
	March 31, 2022		(Level 1)		(Level 2)		(Level 3)
Assets:
Equity securities	$	17,057	$	17,057	$	—	$	—
Derivatives	30,634		—		30,634		—
Liabilities:
Derivatives	438,866		—		438,866		—

			Quoted Prices		Significant Other		Significant
	Fair		In Active		Observable		Unobservable
	Value at		Markets		Inputs		Inputs
	June 30, 2021		(Level 1)		(Level 2)		(Level 3)
Assets:
Equity securities	$	20,517	$	20,517	$	—	$	—
Derivatives	5,486		—		5,486		—
Liabilities:
Derivatives	82,134		—		82,134		—