Leases (Tables)

12 Months Ended

Jun. 30, 2023

The components of lease expense are as follows:


	2023		2022		2021
Operating lease expense	$	60,411	$	46,026	$	48,171
Finance lease cost:
Amortization of lease assets	5,604		1,861		1,576
Interest on lease liabilities	4,383		390		455
Short-term lease cost	7,577		7,041		7,674
Variable lease cost	5,747		5,849		5,835
Total lease cost	$	83,722	$	61,167	$	63,711

Supplemental cash flow information related to leases is as follows:


	2023		2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows - payments on operating leases	$	57,717	$	45,371	$	47,080
Operating cash outflows - interest payments on finance leases	4,383		390		455
Financing cash outflows - payments on finance lease obligations	5,141		1,992		1,713
Right-of-use assets obtained in exchange for operating lease obligations	45,365		50,925		41,637
Right-of-use assets obtained in exchange for finance lease obligations	1,340		—		3,834

Supplemental balance sheet information related to operating leases is as follows:


	2023			2022
Operating Leases
Operating lease right-of-use assets (included within Investments and other assets)	$	232,733		$	133,412

Current operating lease liabilities (included within Other accrued liabilities)	$	50,523		$	36,023
Long-term operating lease liabilities (included within Other liabilities)	187,445			100,337
Total operating lease liabilities	$	237,968		$	136,360

Finance Leases
Land and buildings	$	107,910		$	9,223
Machinery and equipment	5,113			5,066
Accumulated depreciation	(8,196)			(3,836)
Net property, plant and equipment	$	104,827		$	10,453

Current portion of long-term debt (included within Other accrued liabilities)	$	4,198		$	1,691
Long-term debt (included within Other liabilities)	100,889			8,575
Total finance lease liabilities	$	105,087		$	10,266

Weighted-average remaining lease term
Operating leases	6.9 years			5.6 years
Finance leases	20.8 years			15.7 years

Weighted-average discount rate
Operating leases	3.9		%	1.6		%
Finance leases	5.2		%	3.3		%

Maturities of lease liabilities at June 30, 2023 are as follows:

Maturities of lease liabilities at June 30, 2023 are as follows: