Equity (Tables)

9 Months Ended

Mar. 31, 2023

Changes in equity for the three months ended March 31, 2023 and 2022 are as follows:


	Common Stock		Additional Capital		Retained Earnings		Accumulated Other Comprehensive (Loss)		Treasury Shares		Noncontrolling Interests		Total Equity
Balance at December 31, 2022	$	90,523	$	377,871	$	16,102,883	$	(1,479,669)	$	(5,769,228)	$	12,096	$	9,334,476
Net income					590,889						71		590,960

Other comprehensive income (loss)							91,041				(299)		90,742
Dividends paid ($1.33 per share)					(170,872)								(170,872)
Stock incentive plan activity			(22,117)						19,976				(2,141)

Shares purchased at cost									(50,000)				(50,000)
Balance at March 31, 2023	$	90,523	$	355,754	$	16,522,900	$	(1,388,628)	$	(5,799,252)	$	11,868	$	9,793,165


	Common Stock		Additional Capital		Retained Earnings		Accumulated Other Comprehensive (Loss)		Treasury Shares		Noncontrolling Interests		Total Equity
Balance at December 31, 2021	$	90,523	$	344,312	$	15,488,764	$	(1,545,093)	$	(5,623,424)	$	13,198	$	8,768,280
Net income					348,017						71		348,088
Other comprehensive income (loss)							13,833				(276)		13,557
Dividends paid ($1.03 per share)					(132,543)								(132,543)
Stock incentive plan activity			19,055						6,422				25,477

Shares purchased at cost									(50,000)				(50,000)
Balance at March 31, 2022	$	90,523	$	363,367	$	15,704,238	$	(1,531,260)	$	(5,667,002)	$	12,993	$	8,972,859

Changes in equity for the nine months ended March 31, 2023 and 2022 are as follows:


	Common Stock		Additional Capital		Retained Earnings		Accumulated Other Comprehensive (Loss)		Treasury Shares		Noncontrolling Interests		Total Equity
Balance at June 30, 2022	$	90,523	$	327,307	$	15,661,808	$	(1,543,198)	$	(5,688,429)	$	11,909	$	8,859,920

Net income					1,373,980						478		1,374,458
Other comprehensive income (loss)							154,570				(176)		154,394
Dividends paid ($3.99 per share)					(512,888)						(343)		(513,231)
Stock incentive plan activity			28,447						39,177				67,624

Shares purchased at cost									(150,000)				(150,000)
Balance at March 31, 2023	$	90,523	$	355,754	$	16,522,900	$	(1,388,628)	$	(5,799,252)	$	11,868	$	9,793,165


	Common Stock		Additional Capital		Retained Earnings		Accumulated Other Comprehensive (Loss)		Treasury Shares		Noncontrolling Interests		Total Equity
Balance at June 30, 2021	$	90,523	$	329,619	$	14,915,497	$	(1,566,727)	$	(5,370,605)	$	15,363	$	8,413,670

Net income					1,186,774						506		1,187,280
Other comprehensive income (loss)							35,467				(862)		34,605
Dividends paid ($3.09 per share)					(398,033)						(66)		(398,099)
Stock incentive plan activity			33,748						33,937				67,685
Liquidation activity											(1,948)		(1,948)
Shares purchased at cost									(330,334)				(330,334)
Balance at March 31, 2022	$	90,523	$	363,367	$	15,704,238	$	(1,531,260)	$	(5,667,002)	$	12,993	$	8,972,859

Changes in accumulated other comprehensive income (loss) in shareholders' equity by component

Changes in accumulated other comprehensive (loss) in shareholders' equity by component for the nine months ended March 31, 2023 and 2022 are as follows:


	Foreign Currency Translation Adjustment		Retirement Benefit Plans		Total
Balance at June 30, 2022	$	(1,149,071)	$	(394,127)	$	(1,543,198)
Other comprehensive income before reclassifications	146,173		—		146,173
Amounts reclassified from accumulated other comprehensive (loss)	—		8,397		8,397
Balance at March 31, 2023	$	(1,002,898)	$	(385,730)	$	(1,388,628)


	Foreign Currency Translation Adjustment		Retirement Benefit Plans		Total
Balance at June 30, 2021	$	(865,865)	$	(700,862)	$	(1,566,727)

Other comprehensive (loss) before reclassifications	(63,515)		—		(63,515)
Amounts reclassified from accumulated other comprehensive (loss)	7,647		91,335		98,982
Balance at March 31, 2022	$	(921,733)	$	(609,527)	$	(1,531,260)

Reclassifications out of accumulated other comprehensive income (loss) in shareholders' equity

Significant reclassifications out of accumulated other comprehensive (loss) in shareholders' equity for the three and nine months ended March 31, 2023 and 2022 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, 2023		March 31, 2023
Retirement benefit plans
Amortization of prior service cost and initial net obligation	$	(227)	$	(679)	Other (income) expense, net
Recognized actuarial gain (loss)	1,057		(11,422)		Other (income) expense, net
Divestiture activity	587		587		Other (income) expense, net
Total before tax	1,417		(11,514)
Tax benefit	(53)		3,117
Net of tax	$	1,364	$	(8,397)


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, 2022		March 31, 2022
Retirement benefit plans
Amortization of prior service cost and initial net obligation	$	(1,030)	$	(3,090)	Other (income) expense, net
Recognized actuarial loss	(39,292)		(117,852)		Other (income) expense, net
Total before tax	(40,322)		(120,942)
Tax benefit	9,867		29,607
Net of tax	$	(30,455)	$	(91,335)