Equity (Tables)

9 Months Ended

Mar. 31, 2024

Equity [Abstract]

Changes in equity

Changes in equity for the three months ended March 31, 2024 and 2023 are as follows:

	Common Stock		Additional Capital		Retained Earnings		Accumulated Other Comprehensive (Loss)		Treasury Shares		Noncontrolling Interests		Total Equity
Balance at December 31, 2023	$	90,523	$	352,817	$	17,993,453	$	(1,241,216)	$	(5,892,999)	$	9,801	$	11,312,379
Net income					726,574						160		726,734
Other comprehensive (loss)							(167,158)				(392)		(167,550)
Dividends paid ($1.48 per share)					(190,468)								(190,468)
Stock incentive plan activity			(57,087)						25,579				(31,508)
Shares purchased at cost									(49,166)				(49,166)
Balance at March 31, 2024	$	90,523	$	295,730	$	18,529,559	$	(1,408,374)	$	(5,916,586)	$	9,569	$	11,600,421

	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

Changes in equity for the nine months ended March 31, 2024 and 2023 are as follows:

	Common Stock		Additional Capital		Retained Earnings		Accumulated Other Comprehensive (Loss)		Treasury Shares		Noncontrolling Interests		Total Equity
Balance at June 30, 2023	$	90,523	$	305,522	$	17,041,502	$	(1,292,872)	$	(5,817,787)	$	11,391	$	10,338,279
Net income					2,059,252						611		2,059,863
Other comprehensive (loss) income							(115,502)				384		(115,118)
Dividends paid ($4.44 per share)					(571,195)						(388)		(571,583)
Stock incentive plan activity			(10,207)						50,368				40,161
Acquisition activity			415								(2,429)		(2,014)
Shares purchased at cost									(149,167)				(149,167)
Balance at March 31, 2024	$	90,523	$	295,730	$	18,529,559	$	(1,408,374)	$	(5,916,586)	$	9,569	$	11,600,421

	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

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, 2024 and 2023 are as follows:

	Foreign Currency Translation Adjustment		Retirement Benefit Plans		Total
Balance at June 30, 2023	$	(962,044)	$	(330,828)	$	(1,292,872)
Other comprehensive income before reclassifications	(119,600)		—		(119,600)
Amounts reclassified from accumulated other comprehensive (loss)	—		4,098		4,098
Balance at March 31, 2024	$	(1,081,644)	$	(326,730)	$	(1,408,374)

	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)

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, 2024 and 2023 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, 2024		March 31, 2024
Retirement benefit plans
Amortization of prior service cost and initial net obligation	$	(319)	$	(955)	Other income, net
Recognized actuarial loss	(1,555)		(4,656)		Other income, net
Total before tax	(1,874)		(5,611)
Tax benefit	505		1,513
Net of tax	$	(1,369)	$	(4,098)

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, net
Recognized actuarial gain (loss)	1,057		(11,422)		Other income, net
Divestiture activity	587		587		Other income, net
Total before tax	1,417		(11,514)
Tax benefit	(53)		3,117
Net of tax	$	1,364	$	(8,397)