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Equity
3 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Equity Equity
Changes in equity for the three months ended September 30, 2024 and 2023 are as follows:
Common StockAdditional Paid-in CapitalRetained EarningsAccumulated Other Comprehensive (Loss)Treasury SharesNoncontrolling
Interests
Total Equity
Balance at June 30, 2024$90,523 $264,508 $19,104,599 $(1,438,012)$(5,949,646)$8,921 $12,080,893 
Net income698,420 108 698,528 
Other comprehensive income347,577 420 347,997 
Dividends paid ($1.63 per share)
(209,937)(209,937)
Stock incentive plan activity10,511 23,357 33,868 
Shares purchased at cost(50,000)(50,000)
Balance at September 30, 2024$90,523 $275,019 $19,593,082 $(1,090,435)$(5,976,289)$9,449 $12,901,349 

Common StockAdditional Paid-in CapitalRetained EarningsAccumulated Other Comprehensive (Loss)Treasury SharesNoncontrolling
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 income650,827 245 651,072 
Other comprehensive (loss) income(222,075)361 (221,714)
Dividends paid ($1.48 per share)
(190,420)(190,420)
Stock incentive plan activity31,225 18,522 49,747 
Acquisition activity415 (2,429)(2,014)
Shares purchased at cost(50,000)(50,000)
Balance at September 30, 2023$90,523 $337,162 $17,501,909 $(1,514,947)$(5,849,265)$9,568 $10,574,950 


Changes in accumulated other comprehensive (loss) in shareholders' equity by component for the three months ended September 30, 2024 and 2023 are as follows:
 Foreign Currency Translation AdjustmentRetirement Benefit PlansTotal
Balance at June 30, 2024$(1,129,997)$(308,015)$(1,438,012)
Other comprehensive income before reclassifications344,126 — 344,126 
Amounts reclassified from accumulated other comprehensive (loss)— 3,451 3,451 
Balance at September 30, 2024$(785,871)$(304,564)$(1,090,435)


 Foreign Currency Translation AdjustmentRetirement Benefit PlansTotal
Balance at June 30, 2023$(962,044)$(330,828)$(1,292,872)
Other comprehensive (loss) before reclassifications(222,893)— (222,893)
Amounts reclassified from accumulated other comprehensive (loss)— 818 818 
Balance at September 30, 2023$(1,184,937)$(330,010)$(1,514,947)

Significant reclassifications out of accumulated other comprehensive (loss) in shareholders' equity for the three months ended September 30, 2024 and 2023 are as follows:
Details about Accumulated Other Comprehensive (Loss) ComponentsIncome (Expense) Reclassified from Accumulated Other Comprehensive (Loss)Consolidated Statement of Income Classification
Three Months Ended
September 30, 2024
Retirement benefit plans
Amortization of prior service cost and initial net obligation
$(827)Other income, net
Recognized actuarial loss(3,804)Other income, net
Total before tax(4,631)
Tax benefit1,180 
Net of tax$(3,451)

Details about Accumulated Other Comprehensive (Loss) ComponentsIncome (Expense) Reclassified from Accumulated Other Comprehensive (Loss)Consolidated Statement of Income Classification
Three Months Ended
September 30, 2023
Retirement benefit plans
Amortization of prior service cost and initial net obligation$(302)Other income, net
Recognized actuarial loss(792)Other income, net
Total before tax(1,094)
Tax benefit276 
Net of tax$(818)