Equity (Tables)

9 Months Ended

Mar. 31, 2026

Changes in equity for the three months ended March 31, 2026 and 2025 are as follows:


	Common Stock		Additional Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Treasury Shares		Noncontrolling Interests		Total Equity
Balance at December 31, 2025	$	91	$	822	$	22,972	$	(903)	$	(8,671)	$	9	$	14,320
Net income	—		—		904		—		—		—		904

Other comprehensive income	—		—		—		(77)		—		—		(77)
Dividends paid ($1.80 per share)	—		—		(227)		—		—		—		(227)
Stock incentive plan activity	—		2		—		—		(29)		—		(27)

Other	—		—		—		—		—		(1)		(1)
Shares purchased at cost, including excise tax	—		—		—		—		(275)		—		(275)
Balance at March 31, 2026	$	91	$	824	$	23,649	$	(980)	$	(8,975)	$	8	$	14,617


	Common Stock		Additional Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Treasury Shares		Noncontrolling Interests		Total Equity
Balance at December 31, 2024	$	91	$	244	$	20,332	$	(1,535)	$	(6,013)	$	8	$	13,127
Net income	—		—		961		—		—		1		962
Other comprehensive income	—		—		—		171		—		—		171
Dividends paid ($1.63 per share)	—		—		(210)		—		—		—		(210)
Stock incentive plan activity	—		(1)		—		—		6		—		5

Shares purchased at cost, including excise tax	—		—		—		—		(655)		—		(655)
Balance at March 31, 2025	$	91	$	243	$	21,083	$	(1,364)	$	(6,662)	$	9	$	13,400

Changes in equity for the nine months ended March 31, 2026 and 2025 are as follows:


	Common Stock		Additional Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Treasury Shares		Noncontrolling Interests		Total Equity
Balance at June 30, 2025	$	91	$	194	$	21,775	$	(883)	$	(7,495)	$	9	$	13,691

Net income	—		—		2,557		—		—		—		2,557
Other comprehensive loss	—		—		—		(97)		—		—		(97)
Dividends paid ($5.40 per share)	—		—		(683)		—		—		—		(683)
Stock incentive plan activity(1)	—		630		—		—		(651)		—		(21)

Other	—		—		—		—		—		(1)		(1)
Shares purchased at cost, including excise tax	—		—		—		—		(829)		—		(829)
Balance at March 31, 2026	$	91	$	824	$	23,649	$	(980)	$	(8,975)	$	8	$	14,617

(1) During the nine months ended March 31, 2026, the Company recorded a $578 million reclassification between Treasury Shares and Additional Paid-in Capital to correct the historical accounting for shares withheld for taxes related to equity compensation issuances. The Company concluded the out-of-period adjustment was not material to the current period or any prior periods.


	Common Stock		Additional Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Treasury Shares		Noncontrolling Interests		Total Equity
Balance at June 30, 2024	$	91	$	264	$	19,105	$	(1,438)	$	(5,950)	$	9	$	12,081

Net income	—		—		2,608		—		—		1		2,609
Other comprehensive income (loss)	—		—		—		74		—		(1)		73
Dividends paid ($4.89 per share)	—		—		(630)		—		—		—		(630)
Stock incentive plan activity	—		(21)		—		—		43		—		22

Shares purchased at cost, including excise tax	—		—		—		—		(755)		—		(755)
Balance at March 31, 2025	$	91	$	243	$	21,083	$	(1,364)	$	(6,662)	$	9	$	13,400

Changes in accumulated other comprehensive loss within Parker's shareholders' equity by component are as follows:


	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2026		2025		2026		2025
Foreign Currency Translation Adjustment and Other
Beginning balance	$	(743)	$	(1,234)	$	(717)	$	(1,130)
Other comprehensive income (loss) before reclassifications	(78)		167		(107)		65
Income tax	(4)		1		(1)		(1)
Other comprehensive income (loss), net of tax	(82)		168		(108)		64
Ending balance	$	(825)	$	(1,066)	$	(825)	$	(1,066)
Retirement Benefit Plans
Beginning balance	$	(160)	$	(301)	$	(166)	$	(308)
Other comprehensive income (loss) before reclassifications	4		(1)		6		(1)
Income tax	(1)		—		(1)		—
Reclassified from accumulated other comprehensive loss:
Amortization of net actuarial loss and other(1)	3		6		9		15
Tax benefit	(1)		(2)		(3)		(4)
Other comprehensive income (loss), net of tax	5		3		11		10
Ending balance	$	(155)	$	(298)	$	(155)	$	(298)
Total accumulated other comprehensive loss ending balance	$	(980)	$	(1,364)	$	(980)	$	(1,364)

(1) The amounts reclassified include the amortization of net actuarial loss and amortization of prior service cost. These costs are included in the computation of net periodic benefit cost (income) which is recorded in other expense (income), net. Refer to Note 12 for additional information.