XML 49 R36.htm IDEA: XBRL DOCUMENT v3.19.1
Reclassifications out of Accumulated Other Comprehensive Income (AOCI) (Tables)
 9 Months Ended
Mar. 31, 2019
Reclassification out of Accumulated Other Comprehensive Income [Abstract]  
Reclassification out of Accumulated Other Comprehensive Income
Changes in AOCI by component are as follows:
 
Three Months Ended
 
March 31, 2019
 
Currency Translation Adjustment
 
Net Gains/Losses on Available-for-sale Securities
 
Pension Liability
 
Accumulated Other Comprehensive Loss
Balance at December 31, 2018
$
(274.6
)
 
$
(181.5
)
 
$
(158.9
)
 
$
(615.0
)
Other comprehensive income/(loss) before reclassification adjustments
(2.3
)
 
259.0

 
—

 
256.7

Tax effect
—

 
(58.0
)
 
—

 
(58.0
)
Reclassification adjustments to
net earnings
—

 
(0.1
)
(A)
6.1

(B)
6.0

Tax effect
—

 
—

 
(1.6
)
 
(1.6
)
Balance at March 31, 2019
$
(276.9
)
 
$
19.4

 
$
(154.4
)
 
$
(411.9
)

 
Three Months Ended
 
March 31, 2018
 
Currency Translation Adjustment
 
Net Gains/Losses on Available-for-sale Securities
 
Pension Liability
 
Accumulated Other Comprehensive Loss
Balance at December 31, 2017
$
(179.8
)
 
$
(34.6
)
 
$
(213.8
)
 
$
(428.2
)
Other comprehensive income/(loss) before reclassification adjustments
26.8

 
(240.4
)
 
—

 
(213.6
)
Tax effect
—

 
53.4

 
—

 
53.4

Reclassification adjustments to net earnings
—

 
0.2

(A)
2.3

(B)
2.5

Tax effect
—

 
0.1

 
(0.6
)
 
(0.5
)
Reclassification to retained earnings (C)
—

 
(7.1
)
 
(35.2
)
 
(42.3
)
Balance at March 31, 2018
$
(153.0
)
 
$
(228.4
)
 
$
(247.3
)
 
$
(628.7
)


 
Nine Months Ended
 
March 31, 2019
 
Currency Translation Adjustment
 
Net Gains/Losses on Available-for-sale Securities
 
Pension Liability
 
Accumulated Other Comprehensive Loss
Balance at June 30, 2018
$
(227.0
)
 
$
(274.0
)
 
$
(178.8
)
 
$
(679.8
)
Other comprehensive income/(loss) before reclassification adjustments
(49.9
)
 
377.0

 
—

 
327.1

Tax effect
—

 
(84.8
)
 
—

 
(84.8
)
Reclassification adjustments to net earnings
—

 
1.4

(A)
32.5

(B)
33.9

Tax effect
—

 
(0.2
)
 
(8.1
)
 
(8.3
)
Balance at March 31, 2019
$
(276.9
)
 
$
19.4

 
$
(154.4
)
 
$
(411.9
)

 
Nine Months Ended
 
March 31, 2018
 
Currency Translation Adjustment
 
Net Gains/Losses on Available-for-sale Securities
 
Pension Liability
 
Accumulated Other Comprehensive Loss
Balance at June 30, 2017
$
(234.8
)
 
$
68.3

 
$
(216.7
)
 
$
(383.2
)
Other comprehensive income/(loss) before reclassification adjustments
81.8

 
(400.6
)
 
—

 
(318.8
)
Tax effect
—

 
109.9

 
—

 
109.9

Reclassification adjustments to net earnings
—

 
1.3

(A)
6.9

(B)
8.2

Tax effect
—

 
(0.2
)
 
(2.3
)
 
(2.5
)
Reclassification to retained earnings (C)
—

 
(7.1
)
 
(35.2
)
 
(42.3
)
Balance at March 31, 2018
$
(153.0
)
 
$
(228.4
)
 
$
(247.3
)
 
$
(628.7
)

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

(B) Reclassification adjustments out of AOCI are included in net pension expense (see Note 12).

(C) During the quarter ended March 31, 2018, the Company adopted ASU 2018-02 and reclassified stranded tax effects attributable to the Act from AOCI to retained earnings. The March 31, 2018 Consolidated Balance Sheets reflect the reclassification out of accumulated other comprehensive income into retained earnings (see Note 2).