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Reclassifications out of Accumulated Other Comprehensive Income ("AOCI")
6 Months Ended
Dec. 31, 2018
Reclassification out of Accumulated Other Comprehensive Income [Abstract]  
Reclassifications out of Accumulated Other Comprehensive Income (AOCI)
Reclassifications out of Accumulated Other Comprehensive Income (“AOCI”)

Changes in AOCI by component are as follows:
 
Three Months Ended
 
December 31, 2018
 
Currency Translation Adjustment
 
Net Gains/Losses on Available-for-sale Securities
 
Pension Liability
 
Accumulated Other Comprehensive Loss
Balance at September 30, 2018
$
(249.9
)
 
$
(311.4
)
 
$
(178.8
)
 
$
(740.1
)
Other comprehensive (loss)/ income
before reclassification adjustments
(24.7
)
 
168.3

 

 
143.6

Tax effect

 
(38.8
)
 

 
(38.8
)
Reclassification adjustments to
net earnings

 
0.5

(A)
26.2

(B)
26.7

Tax effect

 
(0.1
)
 
(6.3
)
 
(6.4
)
Balance at December 31, 2018
$
(274.6
)
 
$
(181.5
)
 
$
(158.9
)
 
$
(615.0
)

 
Three Months Ended
 
December 31, 2017
 
Currency Translation Adjustment
 
Net Gains/Losses on Available-for-sale Securities
 
Pension Liability
 
Accumulated Other Comprehensive Loss
Balance at September 30, 2017
$
(182.0
)
 
$
59.0

 
$
(215.3
)
 
$
(338.3
)
Other comprehensive income/(loss)
before reclassification adjustments
2.2

 
(147.3
)
 

 
(145.1
)
Tax effect

 
53.1

 

 
53.1

Reclassification adjustments to
net earnings

 
1.0

(A)
2.3

(B)
3.3

Tax effect

 
(0.4
)
 
(0.8
)
 
(1.2
)
Balance at December 31, 2017
$
(179.8
)
 
$
(34.6
)
 
$
(213.8
)
 
$
(428.2
)


 
Six Months Ended
 
December 31, 2018
 
Currency Translation Adjustment
 
Net Gains/Losses on Available-for-sale Securities
 
Pension Liability
 
Accumulated Other Comprehensive Loss
Balance at June 30, 2018
$
(227.0
)
 
$
(274.0
)
 
$
(178.8
)
 
$
(679.8
)
Other comprehensive (loss)/ income
before reclassification adjustments
(47.6
)
 
118.0

 

 
70.4

Tax effect

 
(26.6
)
 

 
(26.6
)
Reclassification adjustments to
net earnings

 
1.4

(A)
26.3

(B)
27.7

Tax effect

 
(0.3
)
 
(6.4
)
 
(6.7
)
Balance at December 31, 2018
$
(274.6
)
 
$
(181.5
)
 
$
(158.9
)
 
$
(615.0
)

 
Six Months Ended
 
December 31, 2017
 
Currency Translation Adjustment
 
Net Gains/Losses on Available-for-sale Securities
 
Pension Liability
 
Accumulated Other Comprehensive Loss
Balance at June 30, 2017
$
(234.8
)
 
$
68.3

 
$
(216.7
)
 
$
(383.2
)
Other comprehensive income/(loss)
before reclassification adjustments
55.0

 
(160.2
)
 

 
(105.2
)
Tax effect

 
56.6

 

 
56.6

Reclassification adjustments to
net earnings

 
1.1

(A)
4.6

(B)
5.7

Tax effect

 
(0.4
)
 
(1.7
)
 
(2.1
)
Balance at December 31, 2017
$
(179.8
)
 
$
(34.6
)
 
$
(213.8
)
 
$
(428.2
)

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

(B) Reclassification adjustments out of AOCI are included in net pension expense (see Note 12).