Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details) |
12 Months Ended | ||
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Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2022 |
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Income Tax Disclosure [Abstract] | |||
Provision at Federal statutory rate | 21.00% | 21.00% | 21.00% |
State and local income taxes, net of federal benefit | 3.10% | 6.50% | 2.00% |
Tax effect of foreign operations | (1.60%) | (5.40%) | 4.70% |
Nondeductible/nontaxable items | (0.10%) | (1.10%) | 1.20% |
Impact of Divestitures | 0.00% | (1.90%) | (4.80%) |
Withholding Taxes | 1.00% | 1.00% | (1.10%) |
Change in Valuation Allowances | (1.10%) | (5.10%) | 3.50% |
US Taxes on International Income (2) | (2.10%) | 0.60% | 1.90% |
Impact of Resolutions with IRS and other related matters | 0.40% | 0.30% | 1.60% |
Opioid litigation | 1.00% | 0.10% | (0.50%) |
Goodwill Impairment | 8.70% | 33.80% | (49.90%) |
Other | (1.40%) | 0.20% | 0.90% |
Effective income tax rate | 28.90% | 50.00% | (19.50%) |
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- Definition Effective Income Tax Rate Reconciliation, Tax Effect of Foreign Operations No definition available.
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- Definition Effective Income Tax Rate Reconciliation, Withholding Taxes No definition available.
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- Definition Effective Income Tax Reconciliation, Opioid Litigation No definition available.
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- Definition Effective Tax Rate Reconciliation, Impact of Resolutions with IRS and other related matters No definition available.
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- Definition Effective Tax Rate Reconciliation, US Taxes on International Income No definition available.
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- Definition Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to changes in the valuation allowance for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to disposition of a business not qualifying as a discontinued operation. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to nondeductible expenses. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to impairment loss. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Percentage of reported income tax benefit (expense) from difference to income tax expense (benefit) computed by applying statutory federal (national) income tax rate to pretax income (loss) from continuing operation, attributable to other reconciling items. Excludes state and local income tax expense (benefit), federal tax expense (benefit), statutory income tax expense (benefit) outside of country of domicile, tax credit, nondeductible expense, deduction, income tax settlement, income tax contingency, and cross-border tax law. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to state and local income tax expense (benefit), net of federal tax expense (benefit). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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