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Business segment information
 6 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Business segment information Business segment information
The Company operates in two reportable business segments: Diversified Industrial and Aerospace Systems. Both segments utilize eight core technologies, including hydraulics, pneumatics, electromechanical, filtration, fluid and gas handling, process control, engineered materials and climate control, to drive superior customer problem solving and value creation.
Diversified Industrial - This segment is an aggregation of several business units that design, manufacture, and provide aftermarket support for highly engineered solutions that create value for customers primarily in aerospace and defense, in-plant and industrial equipment, transportation, off-highway, energy, and HVAC and refrigeration markets around the world. Diversified Industrial Segment products are marketed direct to OEMs and independent distributors through field sales employees.
Aerospace Systems - This segment designs, manufactures, and provides aftermarket support for highly engineered airframe and engine solutions for both OEMs and end users. Our components and systems are utilized across commercial transport, defense fixed wing, business jets, regional transport, helicopter and energy applications. Aerospace Systems Segment products are marketed by field sales employees and are sold directly to manufacturers and end users.
The Company’s Chief Operating Decision Maker (“CODM”) is the Chief Executive Officer.  The CODM uses Segment Operating Income as a measure to assess performance, drive decisions and allocate human and financial capital to our reportable segments.  Annual plan, monthly forecasts and prior year results are continually compared to this measure when evaluating performance.  Other segment items are managed on a consolidated basis for the CODM’s review.
Three Months EndedSix Months Ended
 December 31,December 31,
 2025202420252024
Net sales
Diversified Industrial$3,468 $3,253 $6,911 $6,709 
Aerospace Systems1,706 1,490 3,347 2,938 
Total net sales$5,174 $4,743 $10,258 $9,647 
Other Segment Items:(1)
Diversified Industrial$2,676 $2,543 $5,298 $5,215 
Aerospace Systems1,263 1,152 2,493 2,277 
$3,939 $3,695 $7,791 $7,492 
Segment operating income
Diversified Industrial$792 $710 $1,613 $1,494 
Aerospace Systems443 338 854 661 
Total segment operating income1,235 1,048 2,467 2,155 
Corporate general and administrative expenses53 56 102 105 
Income before interest expense and other expense (income), net1,182 992 2,365 2,050 
Interest expense106 101 207 214 
Other expense (income), net12 (275)54 (205)
Income before income taxes$1,064 $1,166 $2,104 $2,041 
(1) Other segment items are primarily comprised of cost of sales; selling, general and administrative expenses; and income related to equity method investments.
Assets
December 31,
2025		June 30,
2025
Diversified Industrial$16,881 $15,953 
Aerospace Systems(1)
12,204 12,218 
Corporate 1,426 1,323 
Total$30,511 $29,494 
(1) Assets include an investment in a joint venture in which ownership is 50 percent or less and in which the Company does not have operating control ($222 million as of December 31, 2025 and $226 million as of June 30, 2025).
Property AdditionsDepreciationAmortization
Three Months Ended December 31,
202520242025202420252024
Diversified Industrial$69 $99 $59 $56 $73 $63 
Aerospace Systems22 21 23 28 75 75 
Corporate3 1 3 4 — — 
Total$94 $121 $85 $88 $148 $138 
Property AdditionsDepreciationAmortization
Six Months Ended December 31,
202520242025202420252024
Diversified Industrial$143 $174 $118 $115 $137 $128 
Aerospace Systems34 35 53 56 151 150 
Corporate6 7 6 6 — — 
Total$183 $216 $177 $177 $288 $278