Reclassification out of Accumulated Other Comprehensive Income ("AOCI")

12 Months Ended

Jun. 30, 2025

Reclassification out of Accumulated Other Comprehensive Income [Abstract]

Reclassification out of Accumulated Other Comprehensive Income ("AOCI")

RECLASSIFICATION OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME ("AOCI")

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 $924.9 million, $497.5 million, and ($312.1) million in fiscal 2025, 2024, and 2023, respectively. Changes in AOCI by component are as follows:

	Currency Translation Adjustment		Net Gains/(Losses) on Available-for-sale Securities			Cash Flow Hedging Activities			Pension Liability			Accumulated Other Comprehensive Income/(Loss)
Balance at June 30, 2022	$	(354.2)	$	(1,330.0)		$	(26.6)		$	(282.9)		$	(1,993.7)
Other comprehensive income/(loss) before reclassification adjustments	13.4		(500.3)			—			60.3			(426.6)
Tax effect	—		113.3			—			(13.3)			100.0
Reclassification adjustments to net earnings	—		14.7		(A)	4.4		(C)	(0.4)		(B)	18.7
Tax effect	—		(3.3)			(1.1)			0.2			(4.2)
Balance at June 30, 2023	$	(340.8)	$	(1,705.6)		$	(23.3)		$	(236.1)		$	(2,305.8)
Other comprehensive (loss)/income before reclassification adjustments	(38.0)		685.2			—			5.6			652.8
Tax effect	—		(162.2)			—			(1.1)			(163.3)
Reclassification adjustments to net earnings	—		5.9		(A)	4.4		(C)	0.1		(B)	10.4
Tax effect	—		(1.3)			(1.1)			—			(2.4)
Balance at June 30, 2024	$	(378.8)	$	(1,178.0)		$	(20.0)		$	(231.5)		$	(1,808.3)
Other comprehensive income/(loss) before reclassification adjustments	89.0		1,088.4			(15.6)			8.5			1,170.3
Tax effect	—		(250.7)			3.8			(2.1)			(249.0)
Reclassification adjustments to net earnings	—		1.7		(A)	5.4		(C)	(2.4)		(B)	4.7
Tax effect	—		(0.3)			(1.3)			0.5			(1.1)
Balance at June 30, 2025	$	(289.8)	$	(338.9)		$	(27.7)		$	(227.0)		$	(883.4)

(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).