Financial instruments and fair value measurement (Tables)

6 Months Ended

Dec. 31, 2011

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following summarizes the location and fair value of derivative financial instruments reported in the Consolidated Balance Sheet as of December 31, 2011 and June 30, 2011:

	Balance Sheet Caption		December 31, 2011		June 30, 2011
Net investment hedges
Cross-currency swap contracts		Other liabilities		$8,556	$	36,582
Cash flow hedges
Costless collar contracts		Accounts receivable		6,472		638
Costless collar contracts		Other accrued liabilities		1,952		2,979
Forward exchange contracts		Other accrued liabilities		7,992

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

Gains (losses) on derivative financial instruments that were recorded in the Consolidated Statement of Income are as follows:

	Three Months Ended December 31,						Six Months Ended December 31,
	2011			2010			2011			2010
Forward exchange contracts	$	16,804		$	3,245		$	(14,588	)	$	19,048
Costless collar contracts		(1,765	)		(1,018	)		5,850			(4,554	)

Gains (losses) on derivative and non-derivative financial instruments that were recorded in accumulated other comprehensive income (loss) in the Consolidated Balance Sheet are as follows:

	Three Months Ended December 31,				Six Months Ended December 31,
	2011		2010		2011		2010
Cross-currency swap contracts	$	1,674	$	3,244	$	17,315	$	(11,577	)
Foreign denominated debt		5,287		226		16,665		(36,334	)