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Reclassification out of Accumulated Other Comprehensive Income (Tables)
12 Months Ended
Jun. 30, 2018
Reclassification out of Accumulated Other Comprehensive Income [Abstract]  
Reclassification out of Accumulated Other Comprehensive Income
Changes in Accumulated Other Comprehensive (Loss)/Income ("AOCI") by component are as follows:

 
 
Currency Translation Adjustment
 
Net Gains on Available-for-sale Securities
 
 
Pension Liability
 
 
Accumulated Other Comprehensive (Loss) / Income
 
 
 
 
 
 
 
 
 
 
 
Balance at June 30, 2015
 
$
(228.3
)
 
$
143.9

 
 
$
(176.2
)
 
 
$
(260.6
)
Other comprehensive (loss)/income before
reclassification adjustments
 
(25.5
)
 
288.8

 
 
(199.4
)
 
 
63.9

Tax effect
 

 
(102.2
)
 
 
72.9

 
 
(29.3
)
Reclassification adjustments to
net earnings
 


5.0

(A)
 
12.0

(B)
 
17.0

Tax effect
 

 
(1.7
)
 
 
(4.4
)
 
 
(6.1
)
Balance at June 30, 2016
 
$
(253.8
)
 
$
333.8

 
 
$
(295.1
)
 
 
$
(215.1
)
Other comprehensive income/(loss) before
reclassification adjustments
 
23.0

 
(405.7
)
 
 
109.6

 
 
(273.1
)
Tax effect
 

 
141.6

 
 
(43.6
)
 
 
98.0

Reclassification adjustments to net earnings
 

 
(2.2
)
(A)
 
20.6

(B)
 
18.4

Tax effect
 

 
0.8

 
 
(8.2
)
 
 
(7.4
)
Balance at June 30, 2017
 
$
(230.8
)
 
$
68.3

 
 
$
(216.7
)
 
 
$
(379.2
)
Other comprehensive income/(loss) before
     reclassification adjustments
 
2.8

 
(460.7
)
 
 
87.0

 
 
(370.9
)
Tax effect
 

 
123.4

 
 
(18.7
)
 
 
104.7

Reclassification adjustments to
    net earnings
 


2.7

(A)
 
9.3

(B)
 
12.0

Tax effect
 

 
(0.6
)
 
 
(4.5
)
 
 
(5.1
)
Reclassification to retained earnings (C)
 

 
(7.1
)
 
 
(35.2
)
 
 
(42.3
)
Balance at June 30, 2018
 
$
(228.0
)
 
$
(274.0
)
 
 
$
(178.8
)
 
 
$
(680.8
)


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

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

(C) During fiscal 2018, the Company adopted ASU 2018-02 and reclassified stranded tax effects attributable to the Act from AOCI to retained earnings. The fiscal 2018 Consolidated Balance Sheets reflect the reclassification out of accumulated other comprehensive (loss)/income into retained earnings (see Note 1).