Revenue Recognition (Tables)

12 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

Diversified Industrial Segment revenues by technology platform:

	2023		2022		2021
Motion Systems	$	3,830,062	$	3,489,431	$	3,081,366
Flow and Process Control	4,939,356		4,616,270		4,108,080
Filtration and Engineered Materials	5,936,275		5,236,345		4,770,713
Total	$	14,705,693	$	13,342,046	$	11,960,159

Aerospace Systems Segment revenues by product platform:

	2023		2022		2021
Commercial original equipment manufacturer ("OEM")	$	1,461,279	$	889,649	$	761,679
Commercial aftermarket	1,363,965		514,727		379,438
Military OEM	905,328		705,988		791,245
Military aftermarket	628,929		409,198		455,119
Total	$	4,359,501	$	2,519,562	$	2,387,481

Upon completing the Acquisition, we reviewed the disaggregation of revenue disclosure for the Aerospace Systems Segment and believe that disaggregation by primary market provides more meaningful information than disaggregation by product platform.

Total revenues by geographic region based on the Company's selling operation's location:

	2023		2022		2021
North America	$	12,689,719	$	10,216,292	$	9,046,162
Europe	3,777,507		3,156,024		2,919,025
Asia Pacific	2,379,791		2,290,557		2,215,686
Latin America	218,177		198,735		166,767
Total	$	19,065,194	$	15,861,608	$	14,347,640

Contract assets and liabilities

Total contract assets and contract liabilities are as follows:

	2023		2022
Contract assets, current (included within Prepaid expenses and other)	$	123,705	$	28,546
Contract assets, noncurrent (included within Investments and other assets)	23,708		794
Total contract assets	147,413		29,340
Contract liabilities, current (included within Other accrued liabilities)	(244,799)		(60,472)
Contract liabilities, noncurrent (included within Other liabilities)	(78,239)		(2,225)
Total contract liabilities	(323,038)		(62,697)
Net contract liabilities	$	(175,625)	$	(33,357)