XML 38 R20.htm IDEA: XBRL DOCUMENT v3.5.0.2
Reclassification out of Accumulated Other Comprehensive Income (Notes)
 12 Months Ended
Jun. 30, 2016
Reclassification out of Accumulated Other Comprehensive Income [Abstract]  
Disclosure of Reclassification Amount
NOTE 12. RECLASSIFICATION OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME

Comprehensive income is a measure of income that includes both net earnings and other comprehensive income (loss). Other comprehensive income (loss) results from items deferred on the Consolidated Balance Sheets in stockholders' equity. Other comprehensive income (loss) was $45.5 million, $(350.6) million, and $162.8 million in fiscal 2016, 2015, and 2014, respectively. Changes in Accumulated Other Comprehensive Income ("AOCI") by component are as follows:

 
 
Currency Translation Adjustment
 
Net Gains on Available-for-sale Securities
 
 
Pension Liability
 
 
Accumulated Other Comprehensive Income / (Loss)
 
 
 
 
 
 
 
 
 
 
 
Balance at June 30, 2013
 
$
39.6

 
$
186.7

 
 
$
(210.9
)
 
 
$
15.4

Other comprehensive income before
reclassification adjustments
 
58.4

 
53.5

 
 
102.8

 
 
214.7

Tax effect
 

 
(18.2
)
 
 
(39.7
)
 
 
(57.9
)
Reclassification adjustments to
net earnings
 
1.5

(A)
(16.5
)
(B)
 
20.7

(C)
 
5.7

Tax effect
 

 
6.1

 
 
(5.8
)
 
 
0.3

Balance at June 30, 2014
 
$
99.5

 
$
211.6

 
 
$
(132.9
)
 
 
$
178.2

Other comprehensive loss before
reclassification adjustments
 
(240.8
)
 
(103.0
)
 
 
(87.4
)
 
 
(431.2
)
Tax effect
 

 
38.6

 
 
32.7

 
 
71.3

Reclassification adjustments to net earnings
 
1.2

(A)
(4.9
)
(B)
 
17.9

(C)
 
14.2

Tax effect
 

 
1.6

 
 
(6.5
)
 
 
(4.9
)
Reclassification adjustments to
    retained earnings
 
(88.2
)
(D)
—

 
 
—

 
 
(88.2
)
Balance at June 30, 2015
 
$
(228.3
)
 
$
143.9

 
 
$
(176.2
)
 
 
$
(260.6
)
Other comprehensive (loss)/income before
     reclassification adjustments
 
(25.5
)
 
288.8

 
 
(199.4
)
 
 
63.9

Tax effect
 
—

 
(102.2
)
 
 
72.9

 
 
(29.3
)
Reclassification adjustments to
    net earnings
 
—


5.0

(B)
 
12.0

(C)
 
17.0

Tax effect
 
—

 
(1.7
)
 
 
(4.4
)
 
 
(6.1
)
Balance at June 30, 2016
 
$
(253.8
)
 
$
333.8

 
 
$
(295.1
)
 
 
$
(215.1
)


(A) Reclassification adjustments out of AOCI are included within net earnings from discontinued operations, on the Statements of Consolidated Earnings.

(B) Reclassification adjustments out of AOCI are included within Other income, net, on the Statements of Consolidated Earnings.

(C) Reclassification adjustments out of AOCI are included in net pension expense (see Note 9).

(D) Reclassification adjustment out of AOCI is related to the CDK spin-off and included in retained earnings on the Consolidated Balance Sheets.