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Business realignment and acquisition integration charges
 6 Months Ended
Dec. 31, 2024
Restructuring and Related Activities [Abstract]  
Business realignment and acquisition integration charges Business realignment and acquisition integration charges
We incurred business realignment and acquisition integration charges in the first six months of fiscal 2025 and 2024, which included severance costs related to actions taken under the Company's simplification initiative aimed at reducing organizational and process complexity, as well as plant closures. In both fiscal 2025 and 2024, a majority of the business realignment charges were incurred in Europe. We believe the realignment actions will positively impact future results of operations, but will not have a material effect on liquidity and sources and uses of capital.
Business realignment charges by business segment are as follows:
Three Months EndedSix Months Ended
 December 31,December 31,
 2024202320242023
Diversified Industrial$19,343 $13,285 $28,243 $25,924 
Aerospace Systems386 (123)394 330 
Corporate general and administrative expenses575 — 575 — 
Other expense, net551 1,192 1,149 1,192 
Reductions to our workforce made in connection with such business realignment charges by business segment are as follows:
Three Months EndedSix Months Ended
 December 31,December 31,
 2024202320242023
Diversified Industrial393 190 720 515 
Aerospace Systems16 — 16 2 
Corporate general and administrative expenses14 — 14 — 
The business realignment charges are presented in the Consolidated Statement of Income as follows:
Three Months EndedSix Months Ended
 December 31,December 31,
 2024202320242023
Cost of sales$10,590 $8,467 $16,030 $15,451 
Selling, general and administrative expenses9,714 4,695 13,182 10,803 
Other income, net551 1,192 1,149 1,192 
During the first six months of fiscal 2025, approximately $22 million in payments were made relating to business realignment charges. Remaining payments related to business realignment actions of approximately $21 million, a majority of which are expected to be paid by September 30, 2025, are primarily reflected within the accrued payrolls and other compensation and other accrued liabilities captions in the Consolidated Balance Sheet. Additional charges may be recognized in future periods related to the business realignment actions described above, the timing and amount of which are not known at this time.
We also incurred the following acquisition integration charges:
Three Months EndedSix Months Ended
 December 31,December 31,
 2024202320242023
Diversified Industrial$627 $871 $1,405 $2,010 
Aerospace Systems6,266 9,143 11,899 14,410 
Charges incurred in fiscal 2025 and 2024 relate to the acquisition of Meggitt. In both fiscal 2025 and 2024, these charges were primarily included in selling, general and administrative expenses ("SG&A") within the Consolidated Statement of Income.