Financial instruments (Tables)

9 Months Ended

Mar. 31, 2024

Fair Value Disclosures [Abstract]

Carrying values and estimated fair values 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 are as follows:

	March 31, 2024		June 30, 2023
Carrying value of long-term debt	$	10,585,086	$	10,845,359
Estimated fair value of long-term debt	10,086,962		10,221,563

Fair value derivative instruments reported in consolidated balance sheet

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

	Balance Sheet Caption	March 31, 2024		June 30, 2023
Net investment hedges
Cross-currency swap contracts	Investments and other assets	$	8,005	$	21,578
Cross-currency swap contracts	Other liabilities	1,584		—
Other derivative contracts
Forward exchange contracts	Non-trade and notes receivable	6,269		—
Forward exchange contracts	Other accrued liabilities	24		—

Gain (losses) on derivative financial instruments recorded in consolidated statement if income

Gains (losses) on derivative financial instruments that were recorded in the Consolidated Statement of Income are as follows:

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2024		2023		2024		2023
Deal-contingent forward contracts	$	—	$	—	$	—	$	(389,992)
Forward exchange contracts	9,192		7,378		7,379		(7,425)
Costless collar contracts	—		4,308		—		9,632
Cross-currency swap contracts	—		(2,976)		—		(18,739)

Derivative and non-derivative financial instruments, gain (losses) recorded in accumulated other comprehensive (loss)

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

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2024		2023		2024		2023
Cross-currency swap contracts	$	2,519	$	16,085	$	(12,798)	$	17,196
Foreign currency denominated debt	13,237		(7,391)		6,536		(18,880)

Financial assets and liabilities 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 March 31, 2024 and June 30, 2023 are as follows:

			Quoted Prices		Significant Other		Significant
	Fair		In Active		Observable		Unobservable
	Value at		Markets		Inputs		Inputs
	March 31, 2024		(Level 1)		(Level 2)		(Level 3)
Assets:
Derivatives	$	14,274	$	—	$	14,274	$	—
Liabilities:
Derivatives	1,608		—		1,608		—

			Quoted Prices		Significant Other		Significant
	Fair		In Active		Observable		Unobservable
	Value at		Markets		Inputs		Inputs
	June 30, 2023		(Level 1)		(Level 2)		(Level 3)
Assets:
Derivatives	$	21,578	$	—	$	21,578	$	—