Reclassifications out of Accumulated Other Comprehensive Income (“AOCI”)

3 Months Ended

Sep. 30, 2024

Changes in AOCI by component are as follows:


	Three Months Ended
	September 30, 2024
	Currency Translation Adjustment		Net Gains/Losses on Available-for-sale Securities			Cash Flow Hedging Activities			Pension Liability			Accumulated Other Comprehensive (Loss) /Income
Balance at June 30, 2024	$	(378.8)	$	(1,178.0)		$	(20.0)		$	(231.5)		$	(1,808.3)
Other comprehensive income/(loss) before reclassification adjustments	49.2		864.4			(12.5)			—			901.1
Tax effect	—		(197.9)			3.1			—			(194.8)
Reclassification adjustments to net earnings	—		0.2		(A)	1.1		(C)	1.1		(B)	2.4
Tax effect	—		—			(0.3)			(0.3)			(0.6)

Balance at September 30, 2024	$	(329.6)	$	(511.3)		$	(28.6)		$	(230.7)		$	(1,100.2)


	Three Months Ended
	September 30, 2023
	Currency Translation Adjustment		Net Gains/Losses on Available-for-sale Securities			Cash Flow Hedging Activities			Pension Liability			Accumulated Other Comprehensive (Loss) /Income
Balance at June 30, 2023	$	(340.8)	$	(1,705.6)		$	(23.3)		$	(236.1)		$	(2,305.8)
Other comprehensive income/(loss) before reclassification adjustments	(44.6)		(150.6)			—			—			(195.2)
Tax effect	—		30.1			—			—			30.1
Reclassification adjustments to net earnings	—		1.9		(A)	1.1		(C)	1.0		(B)	4.0
Tax effect	—		(0.4)			(0.3)			(0.2)			(0.9)

Balance at September 30, 2023	$	(385.4)	$	(1,824.6)		$	(22.5)		$	(235.3)		$	(2,467.8)

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

(B) Reclassification adjustments out of AOCI are included in net pension (income)/expense (see Note 11).

(C) Reclassification adjustments out of AOCI are included in Interest expense on the Statements of Consolidated Earnings (see Note 10).