XML 30 R20.htm IDEA: XBRL DOCUMENT v3.24.4
Retirement benefits
 6 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
Retirement benefits Retirement benefits
Net pension (benefit) expense recognized included the following components:
U.S. Pension BenefitsNon-U.S. Pension Benefits
Three Months EndedThree Months Ended
 December 31,December 31,
 2024202320242023
Service cost$6,973 $6,747 $5,440 $5,673 
Interest cost46,013 47,726 18,604 19,826 
Expected return on plan assets(61,244)(64,383)(21,250)(23,850)
Amortization of prior service cost762 243 64 91 
Amortization of net actuarial loss2,578 1,207 1,614 1,586 
Net pension (benefit) expense$(4,918)$(8,460)$4,472 $3,326 
We recognized $0.5 million and $0.4 million in expense related to other postretirement benefits during the three months ended December 31, 2024 and 2023, respectively.
U.S. Pension BenefitsNon-U.S. Pension Benefits
Six Months EndedSix Months Ended
 December 31,December 31,
 2024202320242023
Service cost$13,946 $14,651 $11,081 $11,296 
Interest cost92,026 94,752 37,806 39,681 
Expected return on plan assets(122,487)(128,765)(43,179)(47,716)
Amortization of prior service cost1,525 454 128 182 
Amortization of net actuarial loss5,155 803 3,286 3,172 
Net pension (benefit) expense$(9,835)$(18,105)$9,122 $6,615 

During the six months ended December 31, 2024 and 2023, we recognized $1.0 million and $1.1 million, respectively, in expense related to other postretirement benefits.
Components of retirement benefits expense, other than service cost, are included in other income, net in the Consolidated Statement of Income.