Reclassifications out of Accumulated Other Comprehensive Income (AOCI) (Tables)

9 Months Ended

Mar. 31, 2022

Changes in AOCI by component are as follows:


	Three Months Ended
	March 31, 2022
	Currency Translation Adjustment		Net Gains/Losses on Available-for-sale Securities			Cash Flow Hedging Activities			Pension Liability			Accumulated Other Comprehensive (Loss) /Income
Balance at December 31, 2021	$	(278.3)	$	98.3		$	(28.3)		$	(120.1)		$	(328.4)
Other comprehensive (loss)/income before reclassification adjustments	(14.2)		(1,192.5)			—			—			(1,206.7)
Tax effect	—		270.3			—			—			270.3
Reclassification adjustments to net earnings	—		0.3		(A)	1.1		(C)	1.9		(B)	3.3
Tax effect	—		(0.1)			(0.3)			(0.4)			(0.8)

Balance at March 31, 2022	$	(292.5)	$	(823.7)		$	(27.5)		$	(118.6)		$	(1,262.3)


	Three Months Ended
	March 31, 2021
	Currency Translation Adjustment		Net Gains/Losses on Available-for-sale Securities			Cash Flow Hedging Activities			Pension Liability			Accumulated Other Comprehensive (Loss) /Income
Balance at December 31, 2020	$	(209.9)	$	621.0		$	(31.5)		$	(339.3)		$	40.3
Other comprehensive (loss)/income before reclassification adjustments	(27.5)		(352.5)			—			—			(380.0)
Tax effect	—		79.2			—			—			79.2
Reclassification adjustments to net earnings	—		0.4		(A)	1.1		(C)	2.8		(B)	4.3
Tax effect	—		(0.1)			(0.3)			(1.1)			(1.5)

Balance at March 31, 2021	$	(237.4)	$	348.0		$	(30.7)		$	(337.6)		$	(257.7)


	Nine Months Ended
	March 31, 2022
	Currency Translation Adjustment		Net Gains/Losses on Available-for-sale Securities			Cash Flow Hedging Activities			Pension Liability			Accumulated Other Comprehensive (Loss) /Income
Balance at June 30, 2021	$	(226.8)	$	390.9		$	(29.9)		$	(123.6)		$	10.6
Other comprehensive (loss)/income before reclassification adjustments	(65.7)		(1,570.4)			—			—			(1,636.1)
Tax effect	—		356.0			—			—			356.0
Reclassification adjustments to net earnings	—		(0.2)		(A)	3.3		(C)	5.9		(B)	9.0
Tax effect	—		—			(0.9)			(0.9)			(1.8)

Balance at March 31, 2022	$	(292.5)	$	(823.7)		$	(27.5)		$	(118.6)		$	(1,262.3)


	Nine Months Ended
	March 31, 2021
	Currency Translation Adjustment		Net Gains/Losses on Available-for-sale Securities			Cash Flow Hedging Activities			Pension Liability			Accumulated Other Comprehensive (Loss) /Income
Balance at June 30, 2020	$	(322.2)	$	680.4		$	(30.3)		$	(342.7)		$	(14.8)
Other comprehensive (loss)/income before reclassification adjustments	84.8		(421.2)			(3.3)			—			(339.7)
Tax effect	—		94.7			0.8			—			95.5
Reclassification adjustments to net earnings	—		(7.6)		(A)	2.7		(C)	7.8		(B)	2.9
Tax effect	—		1.7			(0.6)			(2.7)			(1.6)

Balance at March 31, 2021	$	(237.4)	$	348.0		$	(30.7)		$	(337.6)		$	(257.7)

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

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

(C) Reclassification adjustments out of AOCI are included in Interest expense on the Statements of Consolidated Earnings (see Note 10).