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Retirement Benefits (Tables)
 12 Months Ended
Jun. 30, 2024
Retirement Benefits [Abstract]  
Schedule of net benefit costs
A summary of the Company's defined benefit pension plans follows:
U.S. Pension BenefitsNon-U.S. Pension Benefits
202420232022202420232022
Benefit cost
Service cost$29,303 $34,705 $48,382 $22,033 $22,713 $28,256 
Interest cost189,505 165,074 92,475 79,489 60,394 17,775 
Expected return on plan assets(257,531)(237,704)(227,302)(95,147)(73,441)(40,586)
Amortization of prior service cost907 536 3,500 369 395 603 
Amortization of unrecognized actuarial loss1,605 8,316 140,735 6,389 8,862 16,553 
Amortization of transition obligation— — — — — 8 
One-time charges related to divestitures— — — — (2,480)— 
Net periodic benefit cost$(36,211)$(29,073)$57,790 $13,133 $16,443 $22,609 
Schedule of defined benefit plans
U.S. Pension BenefitsNon-U.S. Pension Benefits
2024202320242023
Change in benefit obligation
Benefit obligation at beginning of year$4,007,740 $3,939,482 $1,827,951 $1,019,837 
Service cost29,303 34,705 22,033 22,713 
Interest cost189,505 165,074 79,489 60,394 
Acquisition— 320,401 — 860,738 
Plan amendments16,656 2,521 — — 
Divestiture— — — (1,779)
Actuarial gain(105,971)(210,414)(5,863)(139,062)
Benefits paid(414,054)(244,029)(81,028)(68,729)
Foreign currency translation and other— — (26,060)73,839 
Benefit obligation at end of year$3,723,179 $4,007,740 $1,816,522 $1,827,951 
Change in plan assets
Fair value of plan assets at beginning of year$3,548,112 $3,353,420 1,907,183 1,008,733 
Actual gain (loss) on plan assets179,145 161,568 97,737 (130,169)
Acquisition— 263,927 — 876,780 
Employer contributions49,888 13,226 105,273 139,812 
Benefits paid(414,054)(244,029)(81,028)(68,729)
Foreign currency translation and other— — (26,149)80,756 
Fair value of plan assets at end of year$3,363,091 $3,548,112 $2,003,016 $1,907,183 
Funded status$(360,088)$(459,628)$186,494 $79,232 
U.S. Pension BenefitsNon-U.S. Pension Benefits
2024202320242023
Amounts recognized on the Consolidated Balance Sheet1
Investments and other assets$— $— $243,783 $145,809 
Other accrued liabilities(62,967)(57,023)(832)(760)
Pensions and other postretirement benefits(297,121)(402,605)(56,457)(65,817)
Net amount recognized$(360,088)$(459,628)$186,494 $79,232 
Amounts recognized in Accumulated Other Comprehensive (Loss)1
Net actuarial loss$315,206 $344,395 $232,967 $249,542 
Prior service cost20,259 4,511 1,619 1,978 
Net amount recognized$335,465 $348,906 $234,586 $251,520 
The following benefit payments are expected to be paid during each respective year:
Estimated U.S.
Benefit Payments		Estimated Non-U.S.
Benefit Payments
2025$320,196 $90,611 
2026271,372 94,139 
2027275,091 96,586 
2028275,915 98,000 
2029285,845 101,622 
2030 - 20341,401,115 531,742 
20242023
Change in benefit obligation
Benefit obligation at beginning of year$78,567 $48,876 
Service cost279 330 
Interest cost3,571 3,004 
Acquisition— 39,112 
Actuarial gain(3,952)(4,403)
Benefits paid(7,057)(8,352)
Benefit obligation at end of year$71,408 $78,567 
Funded status$(71,408)$(78,567)
Amounts recognized on the Consolidated Balance Sheet1
Other accrued liabilities$(7,173)$(7,831)
Pensions and other postretirement benefits(64,235)(70,736)
Net amount recognized$(71,408)$(78,567)
Amounts recognized in Accumulated Other Comprehensive (Loss)1
Net actuarial gain$(20,155)$(17,952)
Estimated future benefit payments for other postretirement benefits are as follows:
2025$7,173 
20266,942 
20276,740 
20286,495 
20296,223 
2030 - 203427,418 
Plan with accumulated benefit obligation in excess of plan assets
Information for pension plans with accumulated benefit obligations in excess of plan assets:
20242023
Accumulated benefit obligation
$3,778,330 $4,352,952 
Fair value of plan assets
3,502,313 3,955,284 
Plan with projected benefit obligation in excess of plan assets
Information for pension plans with projected benefit obligations in excess of plan assets:
20242023
Projected benefit obligation
$4,211,478 $4,545,650 
Fair value of plan assets
3,794,100 4,019,445 
Assumptions used to measure periodic benefit cost/benefit obligation
The assumptions used to measure net periodic benefit cost for the Company's defined benefit plans are:
202420232022
U.S. defined benefit plan
Discount rate4.88 %4.36 %2.55 %
Average increase in compensation3.81 %3.35 %3.05 %
Expected return on plan assets7.00 %6.50 %6.50 %
Non-U.S. defined benefit plans
Discount rate
0.90% to 5.20%
0.60% to 5.06%
0.25% to 2.95%
Average increase in compensation
2.00% to 4.40%
1.75% to 4.00%
1.75% to 4.50%
Expected return on plan assets
0.30% to 6.80%
1.00% to 5.10%
1.00% to 4.50%
The assumptions used to measure the benefit obligation for the Company's defined benefit plans are:
20242023
U.S. defined benefit plan
Discount rate5.27 %4.88 %
Average increase in compensation3.76 %3.81 %
Non-U.S. defined benefit plans
Discount rate
1.46% to 5.23%
0.90% to 5.20%
Average increase in compensation
2.00% to 4.50%
2.00% to 4.40%
The assumptions used to measure the net periodic benefit cost for postretirement benefit obligations are:
202420232022
Discount rate4.86 %4.26 %2.36 %
Current medical cost trend rate (Pre-65 participants)7.85 %6.73 %6.45 %
Current medical cost trend rate (Post-65 participants)8.18 %6.81 %6.72 %
Ultimate medical cost trend rate 4.50 %4.50 %4.50 %
Medical cost trend rate decreases to ultimate in year203320312029
Allocation and fair values of plan assets
The weighted-average allocation of the majority of the assets related to the defined benefit plans is as follows:
20242023
Equity securities26 %30 %
Debt securities49 %45 %
Other investments25 %25 %
100 %100 %
The fair values of pension plan assets at June 30, 2024 and at June 30, 2023, by asset class, are as follows:
June 30, 2024Quoted Prices In
 Active Markets
 (Level 1)		Significant Other
 Observable Inputs
 (Level 2)		Significant
 Unobservable
 Inputs
 (Level 3)
Cash and cash equivalents$454,659 $448,510 $6,149 $— 
Equity securities
U.S. based companies679,972 679,972 — — 
Non-U.S. based companies144,760 85,692 59,068 — 
Fixed income securities
Corporate debt securities933,191 28,790 904,401 — 
Government issued securities809,892 556,599 253,293 — 
Mutual funds
Equity funds12,494 12,494 — — 
Mutual funds measured at net asset value331,215 
Common/Collective trusts measured at net asset value1,561,752 
Limited Partnerships measured at net asset value125,695 
Other financial instruments312,477 12,717 299,760 — 
Total at June 30, 2024$5,366,107 $1,824,774 $1,522,671 $— 
June 30, 2023Quoted Prices In
 Active Markets
 (Level 1)		Significant Other
 Observable Inputs
 (Level 2)		Significant
 Unobservable
 Inputs
 (Level 3)
Cash and cash equivalents$341,812 $333,978 $7,834 $— 
Equity securities
U.S. based companies538,118 523,649 14,469 — 
Non-U.S. based companies152,354 76,173 76,181 — 
Fixed income securities
Corporate debt securities464,056 118,536 345,520 — 
Government issued securities610,326 570,368 39,958 — 
Mutual funds
Equity funds11,406 11,406 — — 
Fixed income funds357 357 — — 
Mutual funds measured at net asset value264,346 
Common/Collective trusts measured at net asset value2,626,832 
Limited Partnerships measured at net asset value137,077 
Other financial instruments308,610 — 308,610 — 
Total at June 30, 2023$5,455,294 $1,634,467 $792,572 $— 
Schedule of employee stock ownership plan (ESOP)
202420232022
Shares held by ESOP3,422,781 3,779,985 4,125,214 
Company matching contributions$116,867 $104,237 $87,554