XML 34 R18.htm IDEA: XBRL DOCUMENT v3.10.0.1
Equity
3 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Equity
Equity

Changes in equity for the three months ended September 30, 2018 and 2017 are as follows:
 
Common Stock
 
Additional Capital
 
Retained Earnings
 
Accumulated Other Comprehensive (Loss)
 
Treasury Shares
 
Noncontrolling
Interests
 
Total Equity
Balance at June 30, 2018
$
90,523

 
$
496,592

 
$
11,625,975

 
$
(1,763,086
)
 
$
(4,590,138
)
 
$
5,627

 
$
5,865,493

Impact of adoption of accounting standards


 


 
1,483

 
(1,734
)
 


 


 
(251
)
Net income


 


 
375,711

 


 


 
188

 
375,899

Other comprehensive income (loss)


 


 


 
(11,163
)
 


 
(89
)
 
(11,252
)
Dividends paid ($0.76 per share)


 


 
(100,869
)
 


 


 

 
(100,869
)
Stock incentive plan activity


 
6,460

 


 


 
21,626

 


 
28,086

Shares purchased at cost


 


 


 


 
(50,000
)
 


 
(50,000
)
Balance at September 30, 2018
$
90,523

 
$
503,052

 
$
11,902,300

 
$
(1,775,983
)
 
$
(4,618,512
)
 
$
5,726

 
$
6,107,106



 
Common Stock
 
Additional Capital
 
Retained Earnings
 
Accumulated Other Comprehensive (Loss)
 
Treasury Shares
 
Noncontrolling
Interests
 
Total Equity
Balance at June 30, 2017
$
90,523

 
$
543,879

 
$
10,930,348

 
$
(1,924,204
)
 
$
(4,378,897
)
 
$
5,697

 
$
5,267,346

Net income


 


 
285,397

 


 


 
138

 
285,535

Other comprehensive income (loss)


 


 


 
99,701

 


 
(87
)
 
99,614

Dividends paid ($0.66 per share)


 


 
(88,104
)
 


 


 


 
(88,104
)
Stock incentive plan activity


 
(14,923
)
 


 


 
31,220

 

 
16,297

Acquisition activity


 


 


 


 


 
(29
)
 
(29
)
Shares purchased at cost


 


 


 


 
(50,000
)
 

 
(50,000
)
Balance at September 30, 2017
$
90,523

 
$
528,956

 
$
11,127,641

 
$
(1,824,503
)
 
$
(4,397,677
)
 
$
5,719

 
$
5,530,659




Changes in accumulated other comprehensive (loss) in shareholders' equity by component for the three months ended September 30, 2018 and 2017 are as follows:
 
Foreign Currency Translation Adjustment and Other
 
Retirement Benefit Plans
 
Total
Balance at June 30, 2018
$
(943,477
)
 
$
(819,609
)
 
$
(1,763,086
)
Impact of adoption of ASU 2016-01
(1,734
)
 

 
(1,734
)
Other comprehensive income before reclassifications
(38,614
)
 

 
(38,614
)
Amounts reclassified from accumulated other comprehensive (loss)
3,578

 
23,873

 
27,451

Balance at September 30, 2018
$
(980,247
)
 
$
(795,736
)
 
$
(1,775,983
)

 
Foreign Currency Translation Adjustment and Other
 
Retirement Benefit Plans
 
Total
Balance at June 30, 2017
$
(925,342
)
 
$
(998,862
)
 
$
(1,924,204
)
Other comprehensive (loss) before reclassifications
72,966

 

 
72,966

Amounts reclassified from accumulated other comprehensive (loss)

 
26,735

 
26,735

Balance at September 30, 2017
$
(852,376
)
 
$
(972,127
)
 
$
(1,824,503
)


Significant reclassifications out of accumulated other comprehensive (loss) in shareholders' equity for the three months ended September 30, 2018 and 2017 are as follows:
Details about Accumulated Other Comprehensive (Loss) Components
 
Income (Expense) Reclassified from Accumulated Other Comprehensive (Loss)
Consolidated Statement of Income Classification
 
 
Three Months Ended
 
 
 
 
September 30, 2018
 
 
Retirement benefit plans
 
 
 
 
Amortization of prior service cost and initial net obligation
 
$
(1,641
)
 
See Note 12
Recognized actuarial loss
 
(29,297
)
 
See Note 12
Total before tax
 
(30,938
)
 

Tax benefit
 
7,065

 
Income taxes
Net of tax
 
$
(23,873
)
 


Details about Accumulated Other Comprehensive (Loss) Components
 
Income (Expense) Reclassified from Accumulated Other Comprehensive (Loss)
Consolidated Statement of Income Classification
 
 
Three Months Ended
 
 
 
 
September 30, 2017
 
 
Retirement benefit plans
 
 
 
 
Amortization of prior service cost and initial net obligation
 
$
(2,133
)
 
See Note 12
Recognized actuarial loss
 
(39,036
)
 
See Note 12
Total before tax
 
(41,169
)
 
 
Tax benefit
 
14,434

 
Income taxes
Net of tax
 
$
(26,735
)