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Note 4. Revenue Revenue (Policies)
9 Months Ended
Mar. 31, 2019
Revenue [Abstract]  
Revenue Recognition, Sales of Goods
We recognize revenue when performance obligations under the terms of contracts with our customers are satisfied, which occurs when control passes to a customer to enable them to direct the use of and obtain benefit from a product. This typically occurs when a customer obtains legal title, obtains the risks and rewards of ownership, has received the goods according to the contractual shipping terms either at the shipping point or destination, and is obligated to pay for the product.
Revenue Recognition, Sales of Services
For services, revenue is recognized when the service is performed and we have an enforceable right to payment.
Shipping and Handling Cost
We classify shipping and handling expenses in Cost of Sales in the Condensed Consolidated Statements of Income.
Revenue Recognition, Revenue Reductions
We are also applying an accounting policy election which allows an entity to exclude from revenue any amounts collected from customers on behalf of third parties, such as sales taxes and other similar taxes we collect concurrent with revenue-producing activities. Therefore, we present revenue net of sales taxes and similar revenue-based taxes.