Financial Instruments (Tables)

12 Months Ended

Jun. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Carrying value of long-term debt and estimated fair value 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 at June 30 are as follows:

	2022		2021
Carrying value of long-term debt	$	10,145,077	$	6,646,029
Estimated fair value of long-term debt	9,709,407		7,527,268

Location and fair value of derivative financial instruments reported in the consolidated balance sheet

The location and fair value of derivative financial instruments reported on the Consolidated Balance Sheet are as follows:

	Balance Sheet Caption	2022		2021
Net investment hedges
Cross-currency swap contracts	Investments and other assets	$	21,444	$	—
Cross-currency swap contracts	Other liabilities	—		71,798
Other derivative contracts
Forward exchange contracts	Non-trade and notes receivable	20,976		5,376
Forward exchange contracts	Other accrued liabilities	5,651		9,435
Deal-contingent forward contracts	Other accrued liabilities	1,015,426		—
Costless collar contracts	Non-trade and notes receivable	351		110
Costless collar contracts	Other accrued liabilities	1,578		901

(Losses) gains on derivative and non-derivative financial instruments that were recorded in accumulated other comprehensive (loss)

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

	2022		2021
Cross-currency swap contracts	$	69,992	$	(31,988)
Foreign currency denominated debt	72,670		(32,882)

Summary of financial assets and liabilities that were 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 June 30, 2022 and 2021 are as follows:

	June 30, 2022		Quoted Prices In  Active Markets  (Level 1)		Significant Other  Observable Inputs  (Level 2)		Significant  Unobservable  Inputs  (Level 3)
Assets:
Equity securities	$	13,038	$	13,038	$	—	$	—
Derivatives	42,771		—		42,771		—
Liabilities:
Derivatives	1,022,655		—		1,022,655		—

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