Parker-Hannifin (PH) 10-K 26 Aug 15 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2015	Jul. 31, 2015	Dec. 31, 2014
Document Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	PH
Entity Registrant Name	PARKER HANNIFIN CORP
Entity Central Index Key	76,334
Current Fiscal Year End Date	--06-30
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		138,418,792
Entity Public Float			$ 18,161,893,495

Consolidated Statement of Incom

Consolidated Statement of Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Income Statement [Abstract]
Net sales	$ 12,711,744	$ 13,215,971	$ 13,015,704
Cost of sales	9,655,245	10,188,227	10,086,675
Gross profit	3,056,499	3,027,744	2,929,029
Selling, general and administrative expenses	1,544,746	1,633,992	1,554,973
Goodwill and Intangible Asset Impairment	0	188,870	0
Interest expense	118,406	82,566	91,552
Other (income), net	(43,374)	(25,513)	(18,198)
Loss (gain) on disposal of assets	4,481	(408,891)	(10,299)
Income before income taxes	1,432,240	1,556,720	1,311,001
Income taxes (Note 4)	419,687	515,302	362,217
Net Income	1,012,553	1,041,418	948,784
Less: Noncontrolling interest in subsidiaries' earnings	413	370	357
Net Income Attributable to Common Shareholders	$ 1,012,140	$ 1,041,048	$ 948,427
Earnings per Share Attributable to Common Shareholders (Note 5)
Basic earnings per share	$ 7.08	$ 6.98	$ 6.36
Diluted earnings per share	$ 6.97	$ 6.87	$ 6.26

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income Consolidated Statement of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Net income	$ 1,012,553	$ 1,041,418	$ 948,784
Less: Noncontrolling interest in subsidiaries' earnings	413	370	357
Net Income Attributable to Common Shareholders	1,012,140	1,041,048	948,427
Foreign Currency Translation Adjustment (net of tax of $(30,923), $4,692, and $1,239 in 2015, 2014 and 2013)	(765,356)	192,925	(18,974)
Retirement benefits plan activity (net of tax of $88,547, $(54,473), and $(195,884) in 2015, 2014 and 2013)	(149,710)	91,182	325,066
Other (net of tax of $(101) in 2015, 2014, and 2013)	(303)	205	204
Other Comprehensive Income (Loss)	(915,369)	284,312	306,296
Less: Other comprehensive (loss) for noncontrolling interests	(249)	(23)	(1,771)
Other comprehensive income (loss) attributable to common shareholders	(915,120)	284,335	308,067
Total Comprehensive Income Attributable to Common Shareholders	$ 97,020	$ 1,325,383	$ 1,256,494

Consolidated Statement of Comp4

Consolidated Statement of Comprehensive Income Consolidated Statement of Comprehensive Income (Paranthetical) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Statement of Other Comprehensive Income (Paranthetical) [Abstract]
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	$ (30,923)	$ 4,692	$ 1,239
Other Comprehensive Income (Loss), Retirement benefits plan activity, Tax	88,547	(54,473)	(195,884)
Other comprehensive income (loss), other, tax	$ (101)	$ (101)	$ (101)

Consolidated Balance Sheet

Consolidated Balance Sheet - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Current Assets
Cash and cash equivalents	$ 1,180,584	$ 1,613,555
Marketable securities and other investments	733,490	573,701
Trade accounts receivable, net	1,620,194	1,858,176
Non-trade and notes receivable	364,534	388,437
Inventories	1,300,459	1,371,681
Prepaid expenses	241,684	129,837
Deferred income taxes (Notes 1 and 4)	142,147	136,193
Total Current Assets	5,583,092	6,071,580
Plant and equipment (Note 1)	4,862,611	5,152,591
Less: Accumulated depreciation	3,198,589	3,328,297
Plant and Equipment, Net	1,664,022	1,824,294
Investments and other assets (Note 1)	1,091,805	1,018,781
Intangible assets, net (Notes 1 and 7)	1,013,439	1,188,282
Goodwill (Notes 1 and 7)	2,942,679	3,171,425
Total Assets	12,295,037	13,274,362
Current Liabilities
Notes payable and long-term debt payable within one year (Notes 8 and 9)	223,142	816,622
Accounts payable, trade	1,092,138	1,252,040
Accrued payrolls and other compensation	409,762	453,321
Accrued domestic and foreign taxes	140,295	223,611
Other accrued liabilities	484,793	507,202
Total Current Liabilities	2,350,130	3,252,796
Long-term debt (Note 9)	2,723,960	1,508,142
Pensions and other postretirement benefits (Note 10)	1,699,197	1,346,224
Deferred income taxes (Notes 1 and 4)	77,967	94,819
Other liabilities	336,214	409,573
Total Liabilities	7,187,468	6,611,554
Shareholders' Equity
Serial preferred stock, $.50 par value, authorized 3,000,000 shares; none issued	0	0
Common stock, $.50 par value, authorized 600,000,000 shares; issued 181,046,128 shares in 2015 and 2014	90,523	90,523
Additional capital	622,729	595,498
Retained earnings	9,841,885	9,174,189
Accumulated other comprehensive (loss)	(1,738,618)	(823,498)
Treasury shares at cost: 42,487,389 in 2015 and 32,143,315 in 2014	(3,712,232)	(2,377,284)
Total Shareholders' Equity	5,104,287	6,659,428
Noncontrolling interests	3,282	3,380
Total Equity	5,107,569	6,662,808
Total Liabilities and Equity	$ 12,295,037	$ 13,274,362

Consolidated Balance Sheet (Par

Consolidated Balance Sheet (Parenthetical) - $ / shares	Jun. 30, 2015	Jun. 30, 2014
Statement of Financial Position [Abstract]
Serial preferred stock, par value	$ 0.50	$ 0.50
Serial preferred stock, authorized	3,000,000	3,000,000
Serial preferred stock, issued	0	0
Common stock, par value	$ 0.50	$ 0.50
Common stock, authorized	600,000,000	600,000,000
Common stock, issued	181,046,128	181,046,128
Treasury shares, shares	42,487,389	32,143,315

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Cash Flows From Operating Activities
Net income	$ 1,012,553	$ 1,041,418	$ 948,784
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	202,776	214,965	213,722
Amortization	114,715	121,737	121,902
Goodwill and Intangible Asset Impairment	0	188,870	0
Stock incentive plan compensation	96,093	103,161	84,996
Deferred income taxes	18,865	(74,139)	(1,368)
Foreign currency transaction (gain) loss	(77,784)	5,398	19,497
Loss on disposal of assets	14,953	2,997	2,746
Gain on Sale of Business	(6,420)	0	(14,637)
Net gain on deconsolidation	0	(412,612)	0
Loss on sale of marketable securities	3,817	0	0
Changes in assets and liabilities, net of effects from acquisitions:
Accounts receivable	143,179	(99,144)	(21,206)
Inventories	(70,377)	(3,816)	98,518
Prepaid expenses	(116,561)	58,117	(47,451)
Other assets	20,976	(79,158)	(16,007)
Accounts payable, trade	(86,750)	92,927	(66,082)
Accrued payrolls and other compensation	(12,657)	20,840	(45,771)
Accrued domestic and foreign taxes	(66,870)	86,745	(17,054)
Other accrued liabilities	(46,633)	(23,480)	(62,728)
Pensions and other postretirement benefits	156,859	99,569	(16,691)
Other liabilities	1,207	43,498	9,765
Net cash provided by operating activities	1,301,941	1,387,893	1,190,935
Cash Flows From Investing Activities
Acquisitions (less cash acquired of $8,322 in 2015, $1,780 in 2014 and $33,932 in 2013	(18,618)	(17,593)	(621,144)
Capital expenditures	(215,527)	(216,340)	(265,896)
Proceeds from disposal of assets	19,655	14,368	25,047
Proceeds from sale of businesses	37,265	0	73,515
Net proceeds from deconsolidation	0	202,498	0
Purchase of marketable securities and other investments	(1,747,333)	(624,880)	0
Maturities and sales of marketable securities and other investments	1,391,396	0	0
Other	(46,001)	(4,454)	(21,367)
Net cash (used in) investing activities	(579,163)	(646,401)	(809,845)
Cash Flows From Financing Activities
Proceeds from exercise of stock options	3,355	8,013	32,204
Payments for common shares	(1,398,446)	(204,043)	(258,007)
Tax benefit from stock incentive plan compensation	23,429	33,732	66,030
Acquisition of noncontrolling interests	0	0	(1,091)
(Payments for) proceeds from notes payable, net	(815,171)	(515,387)	1,319,524
Proceeds from long-term borrowings	1,483,015	748	3,768
Payments for long-term borrowings	(537)	(2,934)	(331,245)
Dividends paid	(340,389)	(278,244)	(255,009)
Net cash (used in) provided by financing activities	(1,044,744)	(958,115)	576,174
Effect of exchange rate changes on cash	(111,005)	48,766	(14,169)
Net (decrease) increase in cash and cash equivalents	(432,971)	(167,857)	943,095
Cash and cash equivalents at beginning of year	1,613,555	1,781,412	838,317
Cash and cash equivalents at end of year	1,180,584	1,613,555	1,781,412
Cash paid during the year for:
Interest	105,202	77,144	88,084
Income taxes	$ 515,350	$ 472,369	$ 311,988

Consolidated Statement of Cash8

Consolidated Statement of Cash Flows (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Statement of Cash Flows [Abstract]
Acquisitions, cash acquired	$ 8,332	$ 1,780	$ 33,932

Consolidated Statement of Share

Consolidated Statement of Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Capital	Retained Earnings	Accumulated Other Comprehensive (Loss)	Treasury Shares	Noncontrolling Interests
Beginning Balance at Jun. 30, 2012	$ 4,905,730	$ 90,523	$ 640,249	$ 7,787,175	$ (1,415,900)	$ (2,205,532)	$ 9,215
Net income	948,784			948,427			357
Other Comprehensive Income (Loss)	306,296				308,067		(1,771)
Dividends paid	(255,009)			(254,283)			(726)
Stock incentive plan activity	93,696		(34,678)	(60,049)		188,423
Acquisition activity	(839)		3,181				(4,020)
Shares purchased at cost	(257,177)					(257,177)
Ending Balance at Jun. 30, 2013	5,741,481	90,523	608,752	8,421,270	(1,107,833)	(2,274,286)	3,055
Net income	1,041,418			1,041,048			370
Other Comprehensive Income (Loss)	284,312				284,335		(23)
Dividends paid	(278,244)			(278,222)			(22)
Stock incentive plan activity	73,841		(13,254)	(9,907)		97,002
Shares purchased at cost	(200,000)					(200,000)
Ending Balance at Jun. 30, 2014	6,662,808	90,523	595,498	9,174,189	(823,498)	(2,377,284)	3,380
Net income	1,012,553			1,012,140			413
Other Comprehensive Income (Loss)	(915,369)				(915,120)		(249)
Dividends paid	(340,389)			(340,132)			(257)
Stock incentive plan activity	81,549		27,231	(4,312)		58,630
Liquidation activity	(5)						(5)
Shares purchased at cost	(1,393,578)					(1,393,578)
Ending Balance at Jun. 30, 2015	$ 5,107,569	$ 90,523	$ 622,729	$ 9,841,885	$ (1,738,618)	$ (3,712,232)	$ 3,282

Business Segment Information Bu

Business Segment Information Business Segment Information (Notes)	12 Months Ended
	Jun. 30, 2015
Business Segment Information [Abstract]
Business Segment Information	Business Segment Information (Dollars in thousands) 2015 2014 2013 Net Sales: Diversified Industrial: North America $ 5,715,742 $ 5,693,527 $ 5,637,657 International 4,741,376 5,287,916 5,110,332 Aerospace Systems 2,254,626 2,234,528 2,267,715 $ 12,711,744 $ 13,215,971 $ 13,015,704 Segment Operating Income: Diversified Industrial: North America $ 955,501 $ 946,493 $ 908,719 International 583,937 572,476 602,480 Aerospace Systems 298,994 271,238 280,286 Total segment operating income 1,838,432 1,790,207 1,791,485 Corporate administration 215,396 181,926 185,767 Income before interest expense and other 1,623,036 1,608,281 1,605,718 Interest expense 118,406 82,566 91,552 Other expense (income) 72,390 (31,005 ) 203,165 Income before income taxes $ 1,432,240 $ 1,556,720 $ 1,311,001 Assets: Diversified Industrial $ 8,765,468 $ 9,501,837 $ 9,388,027 Aerospace Systems (a) 1,375,913 1,359,130 1,139,967 Corporate (b) 2,153,656 2,413,395 2,012,904 $ 12,295,037 $ 13,274,362 $ 12,540,898 Property Additions (c): Diversified Industrial $ 190,580 $ 189,832 $ 312,392 Aerospace Systems 18,427 23,261 20,838 Corporate 6,520 3,247 7,105 $ 215,527 $ 216,340 $ 340,335 Depreciation: Diversified Industrial $ 174,102 $ 187,347 $ 187,014 Aerospace Systems 19,509 19,193 19,498 Corporate 9,165 8,425 7,210 $ 202,776 $ 214,965 $ 213,722 (Dollars in thousands) 2015 2014 2013 By Geographic Area (d) Net Sales: North America $ 7,891,571 $ 7,853,603 $ 7,844,552 International 4,820,173 5,362,368 5,171,152 $ 12,711,744 $ 13,215,971 $ 13,015,704 Long-Lived Assets: North America $ 856,947 $ 861,300 $ 871,958 International 807,075 962,994 936,282 $ 1,664,022 $ 1,824,294 $ 1,808,240 The accounting policies of the business segments are the same as those described in the Significant Accounting Policies footnote except that the business segment results are prepared on a basis that is consistent with the manner in which the Company’s management disaggregates financial information for internal review and decision-making. (a) Includes an investment in a joint venture in which ownership is 50 percent or less and in which the Company does not have operating control ( 2015 - $251,365 ; 2014 - $263,246 ). (b) Corporate assets are principally cash and cash equivalents, marketable securities and other investments, domestic deferred income taxes, deferred compensation plan assets, headquarters facilities and the major portion of the Company’s domestic data processing equipment. (c) Includes the value of net plant and equipment at the date of acquisition of acquired companies ( 2013 - $74,439 ). (d) Net sales are attributed to countries based on the location of the selling unit. North America includes the United States, Canada and Mexico. No country other than the United States represents greater than 10 percent of consolidated sales. Long-lived assets are comprised of plant and equipment based on physical location.

Significant Accounting Policies

Significant Accounting Policies Significant Accounting Policies (Notes)	12 Months Ended
	Jun. 30, 2015
Significant Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	Significant Accounting Policies The significant accounting policies followed in the preparation of the accompanying consolidated financial statements are summarized below. Nature of Operations - The Company is a leading worldwide diversified manufacturer of motion and control technologies and systems, providing precision engineered solutions for a wide variety of mobile, industrial and aerospace markets. The Company evaluates performance based on segment operating income before corporate and administrative expenses, interest expense and income taxes. The Diversified Industrial Segment is an aggregation of several business units, which manufacture motion-control and fluid power system components for builders and users of various types of manufacturing, packaging, processing, transportation, agricultural, construction, and military vehicles and equipment. Diversified Industrial Segment products are marketed primarily through field sales employees and independent distributors. The Diversified Industrial North American operations have manufacturing plants and distribution networks throughout the United States, Canada and Mexico and primarily service North America. The Diversified Industrial International operations provide Parker products and services to 47 countries throughout Europe, Asia Pacific, Latin America, the Middle East and Africa. The Aerospace Systems Segment produces hydraulic, fuel, pneumatic and electro-mechanical systems and components, which are utilized on virtually every domestic commercial, military and general aviation aircraft and also performs a vital role in naval vessels and land-based weapons systems. This Segment serves original equipment and maintenance, repair and overhaul customers worldwide. Aerospace Systems Segment products are marketed by field sales employees and are sold directly to manufacturers and end-users. See the table of Business Segment Information on pages 13-15 and 13-16 for further disclosure of business segment information. There are no individual customers to whom sales are more than four percent of the Company's consolidated sales. Due to the diverse group of customers throughout the world, the Company does not consider itself exposed to any concentration of credit risks. The Company manufactures and markets its products throughout the world. Although certain risks and uncertainties exist, the diversity and breadth of the Company's products and geographic operations mitigate the risk that adverse changes with respect to any particular product and geographic operation would materially affect the Company's operating results. Use of Estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Basis of Consolidation - The consolidated financial statements include the accounts of all majority-owned domestic and foreign subsidiaries. All intercompany transactions and profits have been eliminated in the consolidated financial statements. The Company does not have off-balance sheet arrangements. Within the Business Segment Information, intersegment and interarea sales have been eliminated. Revenue Recognition - Revenue is recognized when persuasive evidence of an arrangement exists, product has shipped and the risks and rewards of ownership have transferred or services have been rendered, the price to the customer is fixed and determinable and collectibility is reasonably assured, which is generally at the time the product is shipped. Shipping and handling costs billed to customers are included in net sales and the related costs in cost of sales. Taxes collected from customers and remitted to governmental authorities are excluded from revenue. Long-term Contracts - The Company enters into long-term contracts primarily for the production of aerospace products. For financial statement purposes, revenues are primarily recognized using the percentage-of-completion method. The extent of progress toward completion is primarily measured using the units-of-delivery method. Unbilled costs on these contracts are included in inventory. Progress payments are netted against the inventory balances. The Company estimates costs to complete long-term contracts for purposes of evaluating and establishing contract reserves. Adjustments to cost estimates are made on a consistent basis and a contract reserve is established when the estimated costs to complete a contract exceed the expected contract revenues. Cash - Cash equivalents consist of short-term highly liquid investments, with a three-month or less maturity, carried at cost plus accrued interest, which are readily convertible into cash. Marketable Securities and Other Investments - Consist of short-term highly liquid investments, with stated maturities of greater than three months from the date of purchase, carried at cost plus accrued interest, and investments classified as available-for-sale, which are carried at fair value with unrealized gains and losses recorded in accumulated other comprehensive (loss). Gains and losses on available-for-sale investments are calculated based on the first-in, first-out method. The Company has the ability to liquidate the available-for-sale investments after giving appropriate notice to the issuer. Trade Accounts Receivable, Net - Trade accounts receivable are initially recorded at their net collectible amount and are generally recorded at the time the revenue from the sales transaction is recorded. Receivables are written off to bad debt primarily when, in the judgment of the Company, the receivable is deemed to be uncollectible due to the insolvency of the debtor. Allowance for doubtful accounts was $9,284 and $16,040 at June 30, 2015 and June 30, 2014 , respectively. Non-Trade and Notes Receivable - The non-trade and notes receivable caption in the Consolidated Balance Sheet is comprised of the following components: June 30, 2015 2014 Notes receivable $ 90,470 $ 117,400 Reverse repurchase agreements 113,558 54,772 Accounts receivable, other 160,506 216,265 Total $ 364,534 $ 388,437 Reverse repurchase agreements are collateralized lending arrangements and have a maturity longer than three months from the date of purchase. The Company does not record an asset or liability for the collateral associated with the reverse repurchase agreements. Plant, Equipment and Depreciation - Plant and equipment are recorded at cost and are depreciated principally using the straight-line method for financial reporting purposes. Depreciation rates are based on estimated useful lives of the assets, generally 40 years for buildings, 15 years for land improvements and building equipment, seven to 10 years for machinery and equipment, and three to eight years for vehicles and office equipment. Improvements, which extend the useful life of property, are capitalized, and maintenance and repairs are expensed. The Company reviews plant and equipment for impairment whenever events or changes in circumstances indicate that their carrying value may not be recoverable. When plant and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the appropriate accounts and any gain or loss is included in current income. The plant and equipment caption in the Consolidated Balance Sheet is comprised of the following components: June 30, 2015 2014 Land and land improvements $ 294,537 $ 326,008 Buildings and building equipment 1,457,650 1,535,634 Machinery and equipment 3,017,011 3,210,172 Construction in progress 93,413 80,777 Total $ 4,862,611 $ 5,152,591 Investments and Other Assets - Investments in joint-venture companies in which ownership is 50 percent or less and in which the Company does not have operating control are stated at cost plus the Company's equity in undistributed earnings and amounted to $315,989 and $324,610 at June 30, 2015 and June 30, 2014 , respectively. A significant portion of the underlying net assets of the joint ventures are related to goodwill. The Company's share of earnings from these investments were immaterial to the Company's results of operations. Goodwill - The Company conducts a formal impairment test of goodwill on an annual basis and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. Intangible Assets - Intangible assets primarily include patents, trademarks and customer lists and are recorded at cost and amortized on a straight-line method. Patents are amortized over the shorter of their remaining useful or legal life. Trademarks are amortized over the estimated time period over which an economic benefit is expected to be received. Customer lists are amortized over a period based on anticipated customer attrition rates. The Company reviews intangible assets for impairment whenever events or changes in circumstances indicate that their carrying value may not be recoverable. Income Taxes - Income taxes are provided based upon income for financial reporting purposes. Deferred income taxes arise from temporary differences in the recognition of income and expense for tax purposes. Tax credits and similar tax incentives are applied to reduce the provision for income taxes in the year in which the credits arise. The Company recognizes accrued interest related to unrecognized tax benefits in income tax expense. Penalties, if incurred, are recognized in income tax expense. Product Warranty - In the ordinary course of business the Company warrants its products against defect in design, materials and workmanship over various time periods. The warranty accrual at June 30, 2015 and 2014 is immaterial to the financial position of the Company and the change in the accrual during 2015 , 2014 and 2013 was immaterial to the Company's results of operations and cash flows. Foreign Currency Translation - Assets and liabilities of foreign subsidiaries are translated at current exchange rates, and income and expenses are translated using weighted-average exchange rates. The effects of these translation adjustments, as well as gains and losses from certain intercompany transactions, are reported in the accumulated other comprehensive (loss) component of shareholders' equity. Such adjustments will affect net income only upon sale or liquidation of the underlying foreign investments, which is not contemplated at this time. Exchange (gains) losses from transactions in a currency other than the local currency of the entity involved are included within cost of goods sold caption in the Consolidated Statement of Income and were $(77,784) , $5,398 and $22,380 , in 2015, 2014 and 2013, respectively. Subsequent Events - The Company has evaluated subsequent events that have occurred through the date of filing of the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2015 . No subsequent events occurred that required adjustment to or disclosure in these financial statements. Recent Accounting Pronouncements - In May 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2015-07, "Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent)." ASU 2015-07 removes the requirement to categorize all investments within the fair value hierarchy for which the fair value is measured using the net asset value per share practical expedient and to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. During the fourth quarter of 2015, the Company adopted ASU 2015-07. The changes resulting from the adoption of ASU 2015-07, including revising the prior year presentation, are reflected in the retirement benefits and financial instruments disclosures within Note 10 and Note 15 to the Consolidated Financial Statements, respectively. The adoption of ASU 2015-07 did not affect the Company's results of operations, statement of financial position or statement of cash flows. In April 2015, the FASB issued ASU 2015-03, "Interest - Imputation of Interest." ASU 2015-03 requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in the ASU. ASU 2015-03 is effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. The Company does not expect ASU 2015-03 will have a material impact on its statement of financial position or financial statement disclosures. In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers." ASU 2014-09 requires revenue recognition to depict the transfer of goods or services to customers in an amount that reflects the consideration that a company expects to be entitled to in exchange for the goods or services. To achieve this principle, a company must apply five steps including identifying the contract with a customer, identifying the performance obligations in the contract, determining the transaction price, allocating the transaction price to the performance obligations, and recognizing revenue when (or as) the company satisfies the performance obligations. Additional quantitative and qualitative disclosure to enhance the understanding about the nature, amount, timing, and uncertainty of revenue and cash flows is also required. ASU 2014-09 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017. The Company has not yet determined the effect that ASU 2014-09 will have on its results of operations, statement of financial position or financial statement disclosures.

Acquisitions, Deconsolidation o

Acquisitions, Deconsolidation of Subsidiary and Divestitures Acquisitions (Notes)	12 Months Ended
	Jun. 30, 2015
Acquisitions [Abstract]
Acquisitions, Deconsolidation of Subsidiary and Divestitures	Acquisitions, Deconsolidation of Subsidiary and Divestitures Acquisitions - During 2015 , the Company completed four acquisitions whose aggregate sales for their most recent fiscal year prior to acquisition were approximately $27 million . Total purchase price for the four acquisitions was approximately $27 million in cash. During 2014 , the Company completed three acquisitions whose aggregate sales for their most recent fiscal year prior to acquisition were approximately $14 million . Total purchase price for the three acquisitions was approximately $19 million in cash. During 2013 , the Company completed eight acquisitions whose aggregate sales for their most recent fiscal year prior to acquisition were approximately $484 million . Total purchase price for the eight acquisitions was approximately $621 million in cash and $114 million in assumed debt. The results of operations for all acquisitions are included as of the respective dates of acquisition. The initial purchase price allocation and subsequent purchase price adjustments for acquisitions in 2015 , 2014 and 2013 are presented below. Some of the 2015 acquisitions are still subject to purchase price adjustments. 2015 2014 2013 Assets: Accounts receivable $ 7,656 $ 954 $ 91,668 Inventories 3,099 2,184 93,915 Prepaid expenses 91 57 4,672 Deferred income taxes 5 189 (1,713 ) Plant and equipment 1,123 11,211 74,439 Intangible and other assets 7,794 5,646 280,001 Goodwill 10,430 3,195 317,879 30,198 23,436 860,861 Liabilities and equity: Notes payable — — 11,920 Accounts payable, trade 2,689 915 46,596 Accrued payrolls and other compensation 243 263 12,099 Accrued domestic and foreign taxes 777 1 7,073 Other accrued liabilities 5,267 3,864 16,805 Long-term debt — — 102,122 Pensions and other postretirement benefits — — 2,125 Deferred income taxes 2,604 — 39,214 Other liabilities — 800 689 Noncontrolling interests — — 1,074 11,580 5,843 239,717 Net assets acquired $ 18,618 $ 17,593 $ 621,144 Deconsolidation of Subsidiary - During 2014, the Company and GE Aviation, a non-related party, finalized a joint venture in which the Company sold a 50 percent equity interest in one of its wholly-owned subsidiaries. The sale of the 50 percent equity interest in the wholly-owned subsidiary resulted in a loss of control of the subsidiary, and therefore it was deconsolidated from the Company's financial statements during 2014. The Company recognized a pre-tax gain of $413 million on the deconsolidation, measured as the fair value of the consideration received for the 50 percent equity interest in the former subsidiary and the fair value of the retained investment less the carrying amount of the former subsidiary's net assets. Approximately $186 million of the pre-tax gain is attributable to the remeasurement of the retained investment in the former subsidiary to its current fair value. The gain is reflected in the loss (gain) on disposal of assets caption in the Consolidated Statement of Income and the other expense (income) caption in the Business Segment Information. Divestitures - During 2013, the Company completed several divestitures, the primary ones being the automotive businesses of its Mobile Climate Systems division and its Turkey refrigeration components business. The Company recorded a net pre-tax gain during 2013 of approximately $18 million related to these divestitures. The gain is reflected in the loss (gain) on disposal of assets caption in the Consolidated Statement of Income.

Charges Related to Business Rea

Charges Related to Business Realignment (Notes)	12 Months Ended
	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
Charges Related to Business Realignment	Charges Related to Business Realignment To structure its businesses in light of current and anticipated customer demand, the Company incurred business realignment charges in 2015 , 2014 and 2013 . Business realignment charges by business segment are as follows: 2015 2014 2013 Diversified Industrial $ 30,882 $ 101,524 $ 12,234 Aerospace Systems 967 925 — Work force reductions by business segment are as follows: 2015 2014 2013 Diversified Industrial 668 1,581 725 Aerospace Systems 21 44 — The charges primarily consist of severance costs related to plant closures as well as general work force reductions implemented by various operating units throughout the world, with the majority of charges relating to realignment activities in Europe. Also in 2015, $458 of severance costs for 18 people were included in the Corporate administration caption in the Business Segment Information. In addition, $2,399 and $1,331 of fixed asset write-downs were recognized during 2015 and 2014, respectively, in connection with plant closures in the Diversified Industrial Segment and are reflected in the other expense (income) caption in the Business Segment Information. During 2013, $1,918 of severance costs for 98 people were recognized in connection with the Company's divestiture of its Turkey refrigeration components business and is reflected in the other expense (income) caption in the Business Segment Information. The Company believes the realignment actions taken will positively impact future results of operations, but will have no material effect on liquidity and sources and uses of capital. The business realignment charges are presented in the Consolidated Statement of Income as follows: 2015 2014 2013 Cost of sales $ 19,419 $ 63,575 $ 8,354 Selling, general and administrative expenses 12,888 38,874 3,880 Loss (gain) on disposal of assets 2,399 1,331 1,918 As of June 30, 2015 , approximately $17 million in severance payments have been made relating to charges incurred during 2015 , the remainder of which are expected to be paid by June 30, 2016 . Severance payments relating to prior-year actions are being made as required. Remaining severance payments related to current-year and prior-year actions of approximately $34 million are primarily reflected within the other accrued liabilities caption in the Consolidated Balance Sheet. Additional charges may be recognized in future periods related to the realignment actions described above, the timing and amount of which are not known at this time.

Income Taxes (Notes)

Income Taxes (Notes)	12 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Income before income taxes was derived from the following sources: 2015 2014 2013 United States $ 779,782 $ 1,115,010 $ 653,622 Foreign 652,458 441,710 657,379 $ 1,432,240 $ 1,556,720 $ 1,311,001 Income taxes include the following: 2015 2014 2013 Federal Current $ 185,761 $ 377,404 $ 167,350 Deferred 28,108 (45,643 ) 26,523 Foreign Current 189,826 168,177 176,739 Deferred (11,208 ) (28,016 ) (28,472 ) State and local Current 25,235 43,860 19,496 Deferred 1,965 (480 ) 581 $ 419,687 $ 515,302 $ 362,217 A reconciliation of the Company's effective income tax rate to the statutory Federal rate follows: 2015 2014 2013 Statutory Federal income tax rate 35.0 % 35.0 % 35.0 % State and local income taxes 1.1 1.8 1.0 Goodwill and intangible asset impairment — 4.5 — Tax related to international activities (4.5 ) (5.6 ) (5.8 ) Cash surrender value of life insurance (0.1 ) (0.9 ) (0.7 ) Federal manufacturing deduction (1.6 ) (1.0 ) (1.0 ) Research tax credit (0.8 ) (0.3 ) (1.1 ) Other 0.2 (0.4 ) 0.2 Effective income tax rate 29.3 % 33.1 % 27.6 % Deferred income taxes are provided for the temporary differences between the financial reporting basis and the tax basis of assets and liabilities. The differences comprising the net deferred taxes shown on the Consolidated Balance Sheet at June 30 were as follows: 2015 2014 Retirement benefits $ 614,127 $ 550,034 Other liabilities and reserves 127,838 128,848 Long-term contracts 49,929 46,006 Stock-based incentive compensation 66,015 64,267 Loss carryforwards 316,994 340,676 Unrealized currency exchange gains and losses (17,218 ) 25,182 Inventory 16,659 18,668 Foreign tax credit carryforward 29,965 51,875 Depreciation and amortization (531,258 ) (571,107 ) Valuation allowance (330,006 ) (348,837 ) Net deferred tax asset $ 343,045 $ 305,612 Change in net deferred tax asset: Provision for deferred tax $ (18,865 ) $ 74,139 Items of other comprehensive (loss) 57,523 (49,882 ) Acquisitions and other (1,225 ) 6,539 Total change in net deferred tax $ 37,433 $ 30,796 As of June 30, 2015 , the Company has recorded deferred tax assets of $316,994 resulting from $1,112,078 in loss carryforwards. A valuation allowance of $305,825 related to the loss carryforwards has been established due to the uncertainty of their realization. Of this valuation allowance, $279,850 relates to non-operating entities whose loss carryforward utilization is considered to be remote. Some of the loss carryforwards can be carried forward indefinitely; others can be carried forward from three to 20 years . In addition, a valuation allowance of $24,181 related to future deductible items has been established due to the uncertainty of their realization. These future deductible items are recorded in the other liabilities and reserves line in the table above. Provision has not been made for additional U.S. or foreign taxes on undistributed earnings of certain international operations as those earnings will continue to be reinvested. It is not practicable to estimate the additional taxes, including applicable foreign withholding taxes, that might be payable on the eventual remittance of such earnings. Accumulated undistributed earnings reinvested in international operations amounted to approximately $3,000,000 at June 30, 2015 . A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: 2015 2014 2013 Balance July 1 $ 164,813 $ 107,440 $ 109,735 Additions for tax positions related to current year 6,090 7,752 10,285 Additions for tax positions of prior years 14,989 55,136 10,719 Reductions for tax positions of prior years (6,945 ) (1,359 ) (20,683 ) Reductions for settlements — (1,856 ) (4,266 ) Reductions for expiration of statute of limitations (6,251 ) (5,005 ) (437 ) Effect of foreign currency translation (27,008 ) 2,705 2,087 Balance June 30 $ 145,688 $ 164,813 $ 107,440 The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate was $83,471 , $71,898 and $60,876 as of June 30, 2015 , 2014 and 2013 , respectively. If recognized, a significant portion of the gross unrecognized tax benefits as of June 30, 2015 would be offset against an asset currently recorded in the Consolidated Balance Sheet. The accrued interest related to the gross unrecognized tax benefits, excluded from the amounts above, was $9,514 , $8,198 and $5,184 as of June 30, 2015 , 2014 and 2013 , respectively. It is reasonably possible that within the next 12 months, the amount of gross unrecognized tax benefits could be reduced by up to approximately $100,000 as a result of the revaluation of existing uncertain tax positions arising from developments in the examination process or the closure of tax statutes. Any increase in the amount of unrecognized tax benefits within the next 12 months is expected to be insignificant. The Company and its subsidiaries file income tax returns in the United States and in various foreign jurisdictions. In the normal course of business, the Company is subject to examination by taxing authorities throughout the world. The Company is open to assessment of its federal income tax returns by the U.S. Internal Revenue Service for fiscal years after 2011. The Company is also open to assessment for all significant state, local and foreign jurisdictions for fiscal years after 2006.

Earnings Per Share (Notes)

Earnings Per Share (Notes)	12 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic earnings per share are computed using the weighted-average number of common shares outstanding during the year. Diluted earnings per share are computed using the weighted-average number of common shares and common share equivalents outstanding during the year. Common share equivalents represent the dilutive effect of outstanding stock-based awards. The computation of net income per share was as follows: 2015 2014 2013 Numerator: Net income attributable to common shareholders $ 1,012,140 $ 1,041,048 $ 948,427 Denominator: Basic - weighted-average common shares 142,925,327 149,099,448 149,218,257 Increase in weighted-average common shares from dilutive effect of stock-based awards 2,186,823 2,344,655 2,369,774 Diluted - weighted-average common shares, assuming exercise of stock-based awards 145,112,150 151,444,103 151,588,031 Basic earnings per share $ 7.08 $ 6.98 $ 6.36 Diluted earnings per share $ 6.97 $ 6.87 $ 6.26 For 2015 , 2014 and 2013 , 1.1 million , 1.2 million and 1.3 million common shares, respectively, subject to stock-based awards were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.

Inventories (Notes)

Inventories (Notes)	12 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories are stated at the lower of cost or market. The majority of domestic inventories are valued by the last-in, first-out (LIFO) cost method and the balance of the Company's inventories are valued by the first-in, first-out cost method. Inventories valued on the LIFO cost method were approximately 32 percent of total inventories in 2015 and 30 percent of total inventories in 2014 . The current cost of these inventories exceeds their valuation determined on the LIFO basis by $206,233 in 2015 and $208,291 in 2014 . Progress payments of $34,820 in 2015 and $61,958 in 2014 are netted against inventories. The inventories caption in the Consolidated Balance Sheet is comprised of the following components: June 30, 2015 2014 Finished products $ 526,708 $ 532,968 Work in process 688,727 732,294 Raw materials 85,024 106,419 Total $ 1,300,459 $ 1,371,681

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Notes)	12 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets The changes in the carrying amount of goodwill are as follows: Diversified Industrial Segment Aerospace Systems Segment Total Balance June 30, 2013 $ 3,125,175 $ 98,340 $ 3,223,515 Acquisitions 3,195 — 3,195 Impairment (140,334 ) — (140,334 ) Foreign currency translation and other 84,688 361 85,049 Balance June 30, 2014 $ 3,072,724 $ 98,701 $ 3,171,425 Acquisitions 10,430 — 10,430 Divestitures (4,757 ) — (4,757 ) Foreign currency translation and other (234,352 ) (67 ) (234,419 ) Balance June 30, 2015 $ 2,844,045 $ 98,634 $ 2,942,679 Acquisitions represent the original goodwill allocation, purchase price adjustments and final adjustments to the purchase price allocation for the acquisitions during the measurement period subsequent to the applicable acquisition dates. The Company's previously reported results of operations and financial position would not be materially different had the goodwill adjustments recorded during 2015 and 2014 been reflected in the same reporting period that the initial purchase price allocations for those acquisitions were made. In 2014, the Company made a decision to restructure and change the strategic direction of its Worldwide Energy Products Division (EPD). The Company calculated the fair value of EPD using assumptions reflecting the Company's updated strategic direction for this reporting unit, the results of which indicated that the carrying value of EPD exceeded its fair value. As a result, the Company estimated the implied fair value of EPD's goodwill, which resulted in a non-cash impairment charge of $140,334 . The impairment charge is reflected in the goodwill and intangible asset impairment caption in the Consolidated Statement of Income and in the other expense (income) caption in the Business Segment Information. The fair value of EPD was calculated using both a discounted cash flow analysis and estimated fair market values of comparable businesses with each valuation method having equal weight. Fair value calculated using a discounted cash flow analysis is classified within level 3 of the fair value hierarchy and requires several assumptions including a risk-adjusted interest rate and future sales and operating margin levels. The Company's annual impairment tests performed in 2015 , 2014 and 2013 resulted in no impairment loss being recognized. Intangible assets are amortized on a straight-line method over their legal or estimated useful life. The gross carrying value and accumulated amortization for each major category of intangible asset at June 30 are as follows: 2015 2014 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Patents $ 149,066 $ 88,540 $ 160,030 $ 86,708 Trademarks 355,108 172,187 391,268 174,114 Customer lists and other 1,369,380 599,388 1,481,560 583,754 Total $ 1,873,554 $ 860,115 $ 2,032,858 $ 844,576 During 2015 , the Company acquired intangible assets, either individually or as part of a group of assets, with an initial purchase price allocation and weighted-average life as follows: Purchase Price Allocation Weighted-Average Life Patents $ 2,642 12 years Trademarks 1,093 14 years Customer lists and other 11,797 16 years Total $ 15,532 15 years Total intangible amortization expense in 2015 , 2014 and 2013 was $109,887 , $118,782 and $118,516 , respectively. Estimated intangible amortization expense for the five years ending June 30, 2016 through 2020 is $100,289 , $95,756 , $90,872 , $83,257 and $75,588 , respectively. Intangible assets are evaluated for impairment whenever events or circumstances indicate that the undiscounted net cash flows to be generated by their use over their expected useful lives and eventual disposition may be less than their net carrying value. In 2014 , in connection with the goodwill impairment review of EPD, the Company determined that certain intangible assets of EPD, primarily trademarks and customer lists, were impaired resulting in the recognition of a non-cash impairment charge of $43,664 . The impairment charge is reflected in the goodwill and intangible asset impairment caption in the Consolidated Statement of Income and in the other expense (income) caption in the Business Segment Information. The fair value of EPD's intangible assets were determined using an income approach for the individual intangible assets. Fair value calculated using an income approach is classified within level 3 of the fair value hierarchy and requires several assumptions including future sales and operating margins expected to be generated from the use of the individual intangible asset.

Financing Arrangements (Notes)

Financing Arrangements (Notes)	12 Months Ended
	Jun. 30, 2015
Financing Arrangements [Abstract]
Financing Arrangements	Financing Arrangements The Company has a line of credit totaling $2,000,000 through a multi-currency revolving credit agreement with a group of banks, all of which was available at June 30, 2015 . The credit agreement expires in October 2017; however, the Company has the right to request a one -year extension of the expiration date on an annual basis, which request may result in changes to the current terms and conditions of the credit agreement. Advances from the credit agreement can be used for general corporate purposes, including acquisitions, and for the refinancing of existing indebtedness. The credit agreement requires the payment of an annual facility fee, the amount of which would increase in the event the Company's credit ratings are lowered. Although a lowering of the Company's credit ratings would likely increase the cost of future debt, it would not limit the Company's ability to use the credit agreement nor would it accelerate the repayment of any outstanding borrowings. The Company is currently authorized to sell up to $1,850,000 of short-term commercial paper notes. No commercial paper notes were outstanding at June 30, 2015 and $816,100 were outstanding at June 30, 2014. In addition to commercial paper notes, notes payable includes short-term lines of credit and borrowings from foreign banks. At June 30, 2015 , the Company had $62,548 in lines of credit from various foreign banks, none of which was outstanding at June 30, 2015 . Most of these agreements are renewed annually. The weighted-average interest rate on notes payable during both 2015 and 2014 was 0.2 percent . The Company's foreign locations in the ordinary course of business may enter into financial guarantees through financial institutions which enable customers to be reimbursed in the event of nonperformance by the Company. The Company's credit agreements and indentures governing certain debt agreements contain various covenants, the violation of which would limit or preclude the use of the applicable agreements for future borrowings, or might accelerate the maturity of the related outstanding borrowings covered by the applicable agreements. At the Company's present rating level, the most restrictive covenant contained in the credit agreements and the indentures provides that the ratio of secured debt to net tangible assets be less than 10 percent . As of June 30, 2015 , the Company does not have any secured debt outstanding. The Company is in compliance with all covenants.

Debt (Notes)

Debt (Notes)	12 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Debt	Debt June 30, 2015 2014 Domestic: Fixed rate medium-term notes 3.30% to 6.55%, due 2018-2045 $ 2,675,000 $ 1,175,000 Foreign: Bank loans, including revolving credit 1% to 11.75%, due 2016 322 322 Euro bonds 4.125%, due 2016 222,820 273,860 Japanese Yen credit facility JPY Libor plus 55 bps, due 2017 48,960 59,220 Other long-term debt, including capitalized leases — 236 Total long-term debt 2,947,102 1,508,638 Less: Long-term debt payable within one year 223,142 496 Long-term debt, net $ 2,723,960 $ 1,508,142 Principal amounts of long-term debt payable in the five years ending June 30, 2016 through 2020 are $223,142 , $48,960 , $450,000 , $100,000 and $0 , respectively. During 2015, the Company issued $500,000 aggregate principal amount of ten-year medium-term notes, $500,000 aggregate principal amount of twenty-year medium-term notes and $500,000 aggregate principal amount of thirty-year medium-term notes. The ten-year medium-term notes are due in a balloon payment in November 2024 and carry an interest rate of 3.30 percent . The twenty-year medium-term notes are due in a balloon payment in November 2034 and carry an interest rate of 4.20 percent . The thirty-year medium-term notes are due in a balloon payment in November 2044 and carry an interest rate of 4.45 percent . Interest payments are due semi-annually. Debt issuance costs for all medium-term notes issued were approximately $15,018 and will be amortized over the term of the notes. The Company used a portion of the net proceeds from the notes issuance to repay outstanding commercial paper borrowings. Lease Commitments - Future minimum rental commitments as of June 30, 2015 , under non-cancelable operating leases, which expire at various dates, are as follows: 2016 - $76,433 ; 2017 - $53,066 ; 2018 - $32,781 ; 2019 - $17,935 ; 2020 - $12,976 and after 2020 - $42,851 . Rental expense in 2015 , 2014 and 2013 was $125,657 , $131,948 and $133,478 , respectively.

Retirement Benefits (Notes)

Retirement Benefits (Notes)	12 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Retirement Benefits	Retirement Benefits Pensions - The Company has noncontributory defined benefit pension plans covering eligible employees, including certain employees in foreign countries. Plans for most salaried employees provide pay-related benefits based on years of service. Plans for hourly employees generally provide benefits based on flat-dollar amounts and years of service. The Company also has arrangements for certain key employees which provide for supplemental retirement benefits. In general, the Company's policy is to fund these plans based on legal requirements, tax considerations, local practices and investment opportunities. The Company also sponsors defined contribution plans and participates in government-sponsored programs in certain foreign countries. A summary of the Company's defined benefit pension plans follows: 2015 2014 2013 Benefit cost Service cost $ 97,960 $ 99,929 $ 107,519 Interest cost 176,556 190,999 174,152 Special termination cost 21,174 — — Expected return on plan assets (218,938 ) (226,884 ) (211,694 ) Amortization of prior service cost 9,437 14,644 14,472 Amortization of unrecognized actuarial loss 152,664 159,584 200,849 Amortization of initial net obligation 17 19 22 Net periodic benefit cost $ 238,870 $ 238,291 $ 285,320 2015 2014 Change in benefit obligation Benefit obligation at beginning of year $ 4,749,447 $ 4,382,563 Service cost 97,960 99,929 Interest cost 176,556 190,999 Special termination cost 21,174 — Actuarial loss 237,896 277,098 Benefits paid (261,473 ) (286,066 ) Plan amendments 3,033 (3,503 ) Foreign currency translation and other (156,890 ) 88,427 Benefit obligation at end of year $ 4,867,703 $ 4,749,447 Change in plan assets Fair value of plan assets at beginning of year $ 3,499,274 $ 3,096,616 Actual gain on plan assets 51,514 469,984 Employer contributions 62,852 146,237 Benefits paid (261,473 ) (286,066 ) Foreign currency translation and other (113,860 ) 72,503 Fair value of plan assets at end of year $ 3,238,307 $ 3,499,274 Funded status $ (1,629,396 ) $ (1,250,173 ) Amounts recognized on the Consolidated Balance Sheet Other accrued liabilities $ (31,206 ) $ (11,333 ) Pensions and other postretirement benefits (1,598,190 ) (1,238,840 ) Net amount recognized $ (1,629,396 ) $ (1,250,173 ) Amounts recognized in Accumulated Other Comprehensive (Loss) Net actuarial loss $ 1,639,010 $ 1,434,645 Prior service cost 32,126 37,137 Transition obligation 103 143 Net amount recognized $ 1,671,239 $ 1,471,925 The presentation of the amounts recognized on the Consolidated Balance Sheet and in accumulated other comprehensive (loss) is on a debit (credit) basis and excludes the effect of income taxes. During the fourth quarter of 2015, the Company initiated a voluntary retirement program under which certain participants in its U.S. qualified defined benefit pension plan were offered enhanced retirement benefits. As a result of the program, the Company incurred an increase in its net pension benefit cost of $21,174 . During 2015 and 2014, the Company offered lump-sum distributions to certain participants in its U.S. qualified defined benefit plan. Included in benefits paid in 2015 and 2014 is $81,496 and $110,000 , respectively, related to participants who elected to receive lump-sum distributions. No settlement charges were required to be recognized for the lump-sum distribution offerings. The estimated amount of net actuarial loss, prior service cost and transition obligation that will be amortized from accumulated other comprehensive (loss) into net periodic benefit pension cost in 2016 is $166,683 , $7,176 and $16 , respectively. The accumulated benefit obligation for all defined benefit plans was $4,451,047 and $4,258,743 at June 30, 2015 and 2014 , respectively. The projected benefit obligation, accumulated benefit obligation and fair value of plan assets for pension plans with accumulated benefit obligations in excess of plan assets were $4,761,438 , $4,352,369 and $3,129,803 , respectively, at June 30, 2015 , and $4,691,350 , $4,206,557 and $3,443,515 , respectively, at June 30, 2014 . The projected benefit obligation and fair value of plan assets for pension plans with projected benefit obligations in excess of plan assets were $4,821,675 and $3,188,293 , respectively, at June 30, 2015 , and $4,709,493 and $3,459,097 , respectively, at June 30, 2014 . The Company expects to make cash contributions of approximately $278 million to its defined benefit pension plans in 2016 , the majority of which relate to its U.S. qualified defined benefit plan. Estimated future benefit payments in the five years ending June 30, 2016 through 2020 are $225,953 , $244,912 , $209,742 , $241,699 and $258,332 , respectively and $1,325,348 in the aggregate for the five years ending June 30, 2021 through June 30, 2025. The assumptions used to measure net periodic benefit cost for the Company's significant defined benefit plans are: 2015 2014 2013 U.S. defined benefit plans Discount rate 4.05 % 4.52 % 3.91 % Average increase in compensation 5.12 % 5.13 % 5.21 % Expected return on plan assets 7.5 % 8.0 % 8.0 % Non-U.S. defined benefit plans Discount rate 0.9 to 4.2% 1.5 to 4.59% 1.75 to 4.7% Average increase in compensation 2.0 to 5.0% 2.0 to 6.0% 2.0 to 6.0% Expected return on plan assets 1.0 to 6.25% 1.0 to 6.25% 1.0 to 6.4% The assumptions used to measure the benefit obligation for the Company's significant defined benefit plans are: 2015 2014 U.S. defined benefit plans Discount rate 4.19 % 4.05 % Average increase in compensation 5.14 % 5.12 % Non-U.S. defined benefit plans Discount rate 0.7 to 6.0% 0.9 to 4.2% Average increase in compensation 2.0 to 5.5% 2.0 to 5.0% The discount rate assumption is based on current rates of high-quality long-term corporate bonds over the same estimated time period that benefit payments will be required to be made. The expected return on plan assets assumption is based on the weighted-average expected return of the various asset classes in the plans' portfolio. The asset class return is developed using historical asset return performance as well as current market conditions such as inflation, interest rates and equity market performance. The weighted-average allocation of the majority of the assets related to defined benefit plans is as follows: 2015 2014 Equity securities 41 % 42 % Debt securities 47 % 48 % Other investments 12 % 10 % 100 % 100 % The weighted-average target asset allocation as of June 30, 2015 is 41 percent equity securities, 47 percent debt securities and 12 percent other investments. The investment strategy for the Company's worldwide defined benefit pension plan assets focuses on achieving prudent actuarial funding ratios while maintaining acceptable levels of risk in order to provide adequate liquidity to meet immediate and future benefit requirements. This strategy requires investment portfolios that are broadly diversified across various asset classes and external investment managers. Assets held in the U.S. defined benefit plans account for approximately 71 percent of the Company's total defined benefit plan assets. The Company's overall investment strategy with respect to the Company's U.S. defined benefit plans is to opportunistically migrate from its traditional mix between growth seeking assets (primarily consisting of global public equities in developed and emerging countries and hedge fund of fund strategies) and income generating assets (primarily consisting of high quality bonds, both domestic and global, emerging market bonds, high yield bonds and Treasury Inflation Protected Securities) to an allocation more heavily weighted toward income generating assets. Over time, long duration fixed income assets are being added to the portfolio. These securities are highly correlated with the Company's pension liabilities and will serve to hedge a portion of the Company's interest rate risk. The fair values of pension plan assets at June 30, 2015 and at June 30, 2014 , by asset class, are as follows: June 30, 2015 Quoted Prices In Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Cash and cash equivalents $ 75,015 $ 75,015 $ — $ — Equity securities U.S. based companies 299,321 299,321 — — Non-U.S. based companies 203,199 203,199 — — Fixed income securities Corporate bonds 165,226 77,224 88,002 — Government issued securities 143,697 90,785 52,912 — Mutual funds Equity funds 149,383 149,383 — — Fixed income funds 135,949 135,949 — — Mutual funds measured at net asset value 5,564 Common/Collective trusts Equity funds 77,429 77,429 — — Fixed income funds 46,184 46,184 — — Common/Collective trusts measured at net asset value 1,635,135 Limited Partnerships measured at net asset value 290,904 Miscellaneous 11,301 — 11,301 — Total at June 30, 2015 $ 3,238,307 $ 1,154,489 $ 152,215 $ — June 30, 2014 Quoted Prices In Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Cash and cash equivalents $ 46,297 $ 45,976 $ 321 $ — Equity securities U.S. based companies 346,145 346,145 — — Non-U.S. based companies 220,911 220,911 — — Fixed income securities Corporate bonds 234,719 101,227 133,492 — Government issued securities 161,131 101,083 60,048 — Mutual funds Equity funds 191,301 191,301 — — Fixed income funds 189,375 189,375 — — Mutual funds measured at net asset value 35,279 Common/Collective trusts Equity funds 85,461 85,461 — — Fixed income funds 48,649 48,649 — — Common/Collective trusts measured at net asset value 1,630,292 Limited Partnerships 777 777 — — Limited Partnerships measured at net asset value 288,236 Miscellaneous 20,701 — 20,701 — Total at June 30, 2014 $ 3,499,274 $ 1,330,905 $ 214,562 $ — Cash and cash equivalents, which include repurchase agreements and other short-term investments, are valued at cost, which approximates fair value. Equity securities are valued at the closing price reported on the active market on which the individual securities are traded. U.S. based companies include Company stock with a fair value of $154,660 as of June 30, 2015 and $167,157 as of June 30, 2014 . Fixed income securities are valued using both market observable inputs for similar assets that are traded on an active market and the closing price on the active market on which the individual securities are traded. Mutual funds are valued using the closing market price reported on the active market on which the fund is traded or at net asset value per share and primarily consist of equity and fixed income funds. The equity funds primarily provide exposure to U.S. and international equities, real estate and commodities. The fixed income funds primarily provide exposure to high-yield securities and emerging market fixed income instruments. Mutual funds measured at fair value using the net asset value per share practical expedient have not been categorized in the fair value hierarchy and are being presented in the tables above to permit a reconciliation of the fair value hierarchy to the Consolidated Balance Sheet. Common/Collective trusts primarily consist of equity and fixed income funds and are valued using the closing market price reported on the active market on which the fund is traded or at net asset value per share. Common/Collective trust investments can be redeemed daily and without restriction. Redemption of the entire investment balance generally requires a 30 -day notice period. The equity funds provide exposure to large, mid and small cap U.S. equities, international large and small cap equities and emerging market equities. The fixed income funds provide exposure to U.S., international and emerging market debt securities. Common/Collective trusts measured at fair value using the net asset value per share practical expedient have not been categorized in the fair value hierarchy and are being presented in the tables above to permit a reconciliation of the fair value hierarchy to the Consolidated Balance Sheet. Limited Partnerships primarily consist of hedge funds valued using a net asset value per share and provide exposure to a variety of hedging strategies including long/short equity, relative value, event driven and global macro. Limited Partnership investments can be redeemed daily and without restriction. Redemption of the entire investment balance generally requires a 30 -day notice period. Limited Partnerships measured at fair value using the net asset value per share practical expedient have not been categorized in the fair value hierarchy and are being presented in the tables above to permit a reconciliation of the fair value hierarchy to the Consolidated Balance Sheet. Miscellaneous primarily includes real estate funds, insurance contracts held in the asset portfolio of the Company's non-U.S. defined benefit pension plans, and net payables for securities purchased but not settled in the asset portfolio of the Company's U.S. defined benefit pension plans. Insurance contracts are valued at the present value of future cash flows promised under the terms of the insurance contracts. The primary investment objective of equity securities and equity funds, within both the mutual fund and common/collective trust asset class, is to obtain capital appreciation in an amount that at least equals various market-based benchmarks. The primary investment objective of fixed income securities and fixed income funds, within both the mutual fund and common/collective trust asset class, is to provide for a constant stream of income while preserving capital. The primary investment objective of limited partnerships is to achieve capital appreciation through an investment program focused on specialized investment strategies. The primary investment objective of insurance contracts, included in the miscellaneous asset class, is to provide a stable rate of return over a specified period of time. Employee Savings Plan - The Company sponsors an employee stock ownership plan (ESOP) as part of its existing savings and investment 401(k) plan. The ESOP is available to eligible domestic employees. Company matching contributions, up to a maximum of four percent of an employee's annual compensation, are recorded as compensation expense. Prior to August 1, 2014, Company stock was used to match employee contributions. Effective August 1, 2014, participants may direct company matching contributions to any investment option within the savings and investment 401(k) plan. 2015 2014 2013 Shares held by ESOP 8,407,858 8,944,697 9,686,238 Company matching contributions $ 63,914 $ 63,441 $ 61,067 In addition to shares within the ESOP, as of June 30, 2015 , employees have elected to invest in 2,408,854 shares of common stock within a company stock fund of the savings and investment 401(k) plan. The Company has a retirement income account (RIA) within the employee savings plan. The Company makes a cash contribution to the participant's RIA each year, the amount of which is based on the participant's age and years of service. Participants do not contribute to the RIA. The Company recognized $29,570 , $25,247 and $22,046 in expense related to the RIA in 2015 , 2014 and 2013 , respectively. Other Postretirement Benefits - The Company provides postretirement medical and life insurance benefits to certain retirees and eligible dependents. Most plans are contributory, with retiree contributions adjusted annually. The plans are unfunded and pay stated percentages of covered medically necessary expenses incurred by retirees, after subtracting payments by Medicare or other providers and after stated deductibles have been met. For most plans, the Company has established cost maximums to more effectively control future medical costs. The Company has reserved the right to change these benefit plans. Certain employees are covered under benefit provisions that include prescription drug coverage for Medicare eligible retirees. The impact of the subsidy received under the Medicare Prescription Drug, Improvement and Modernization Act of 2003 on the Company's other postretirement benefits was immaterial. The Company recognized $4,340 , $4,478 and $4,930 in expense related to other postretirement benefits in 2015 , 2014 and 2013 , respectively. 2015 2014 Change in benefit obligation Benefit obligation at beginning of year $ 76,207 $ 75,544 Service cost 632 623 Interest cost 2,723 2,971 Actuarial loss 655 1,963 Benefits paid (4,264 ) (4,894 ) Benefit obligation at end of year $ 75,953 $ 76,207 Funded status $ (75,953 ) $ (76,207 ) 2015 2014 Amounts recognized on the Consolidated Balance Sheet Other accrued liabilities $ (5,629 ) $ (5,874 ) Pensions and other postretirement benefits (70,324 ) (70,333 ) Net amount recognized $ (75,953 ) $ (76,207 ) Amounts recognized in Accumulated Other Comprehensive (Loss) Net actuarial loss $ 13,626 $ 14,074 Prior service credit (676 ) (797 ) Net amount recognized $ 12,950 $ 13,277 The presentation of the amounts recognized on the Consolidated Balance Sheet and in accumulated other comprehensive (loss) is on a debit (credit) basis and is before the effect of income taxes. The amount of net actuarial loss and prior service credit that will be amortized from accumulated other comprehensive (loss) into net periodic postretirement cost in 2016 is $1,128 and $(121) , respectively. The assumptions used to measure the net periodic benefit cost for postretirement benefit obligations are: 2015 2014 2013 Discount rate 3.74 % 4.1 % 3.62 % Current medical cost trend rate 7.75 % 7.75 % 8.0 % Ultimate medical cost trend rate (Pre-65 participants) 5.6 % 5.0 % 5.0 % Ultimate medical cost trend rate (Post-65 participants) 6.2 % 5.0 % 5.0 % Medical cost trend rate decreases to ultimate in year (Pre-65 participants) 2041 2021 2019 Medical cost trend rate decreases to ultimate in year (Post-65 participants) 2045 2021 2019 The discount rate assumption used to measure the benefit obligation was 3.96 percent in 2015 and 3.74 percent in 2014 . Estimated future benefit payments for other postretirement benefits in the five years ending June 30, 2016 through 2020 are $5,644 , $5,770 , $5,751 , $5,598 and $5,176 , respectively, and $22,449 in the aggregate for the five years ending June 30, 2021 through June 30, 2025. A one percentage point change in assumed health care cost trend rates would not have a material effect on the benefit cost or benefit obligation. Other - The Company has established nonqualified deferred compensation programs, which permit officers, directors and certain management employees annually to elect to defer a portion of their compensation, on a pre-tax basis, until their retirement. The retirement benefit to be provided is based on the amount of compensation deferred, Company matching contributions and earnings on the deferrals. During 2015 , 2014 and 2013 , the Company recorded expense relating to deferred compensation of $5,676 , $24,549 and $19,182 , respectively. The Company has invested in corporate-owned life insurance policies to assist in meeting the obligation under these programs. The policies are held in a rabbi trust and are recorded as assets of the Company.

Equity Equity (Notes)

Equity Equity (Notes)	12 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Equity	Equity Changes in accumulated other comprehensive (loss) in shareholders' equity by component: Foreign Currency Translation Adjustment Retirement Benefit Plans Other Total Balance June 30, 2013 $ (68,328 ) $ (1,039,072 ) $ (433 ) $ (1,107,833 ) Other comprehensive income (loss) before reclassifications 192,948 (20,636 ) — 172,312 Amounts reclassified from accumulated other comprehensive (loss) — 111,818 205 112,023 Balance June 30, 2014 $ 124,620 $ (947,890 ) $ (228 ) $ (823,498 ) Other comprehensive (loss) before reclassifications (765,107 ) (253,206 ) (4,324 ) (1,022,637 ) Amounts reclassified from accumulated other comprehensive (loss) — 103,496 4,021 107,517 Balance June 30, 2015 $ (640,487 ) $ (1,097,600 ) $ (531 ) $ (1,738,618 ) Reclassifications out of accumulated other comprehensive (loss) in shareholders' equity during 2015 : Details about Accumulated Other Comprehensive (Loss) Components Income (Expense) Reclassified from Accumulated Other Comprehensive (Loss) Consolidated Statement of Income Classification Retirement benefit plans Amortization of prior service cost and initial net obligation $ (9,333 ) See Note 10 Recognized actuarial loss (153,770 ) See Note 10 Total before tax (163,103 ) Tax benefit 59,607 Income taxes Net of tax $ (103,496 ) Other Realized loss on cash flow hedges $ (305 ) Interest expense Realized loss on available-for-sale investments (3,817 ) Other (income), net Total before tax (4,122 ) Tax benefit 101 Income taxes Net of tax $ (4,021 ) Reclassifications out of accumulated other comprehensive (loss) in shareholders' equity during 2014 : Details about Accumulated Other Comprehensive (Loss) Components Income (Expense) Reclassified from Accumulated Other Comprehensive (Loss) Consolidated Statement of Income Classification Retirement benefit plans Amortization of prior service cost and initial net obligation $ (14,535 ) See Note 10 Recognized actuarial loss (160,596 ) See Note 10 Total before tax (175,131 ) Tax benefit 63,313 Income taxes Net of tax $ (111,818 ) Other Realized loss on cash flow hedges $ (306 ) Interest expense Tax benefit 101 Income taxes Net of tax $ (205 ) Share Repurchases - The Company has a program to repurchase its common shares. On October 22, 2014, the Board of Directors of the Company approved an increase in the overall number of shares authorized to repurchase under the program so that, beginning on such date, the aggregate number of shares authorized for repurchase was 35 million . There is no limitation on the number of shares that can be repurchased in a fiscal year. Repurchases may be funded primarily from operating cash flows and commercial paper borrowings and the shares are initially held as treasury shares. The number of common shares repurchased at the average purchase price follows: 2015 2014 2013 Shares repurchased 11,091,759 1,741,143 3,006,005 Average price per share $ 125.64 $ 114.87 $ 85.55

Stock Incentive Plans (Notes)

Stock Incentive Plans (Notes)	12 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Incentive Plans	Stock Incentive Plans The Company's 2009 Omnibus Stock Incentive Plan provides for the granting of share-based incentive awards in the form of nonqualified stock options, stock appreciation rights (SARs), restricted stock units (RSUs) and restricted and unrestricted stock to officers and key employees of the Company. The aggregate number of shares authorized for issuance under the 2009 Omnibus Stock Incentive Plan is 14,700,000 . The Company satisfies share-based incentive award obligations by issuing shares of common stock out of treasury, which have been repurchased pursuant to the Company's share repurchase program described in Note 11 to the Consolidated Financial Statements, or through the issuance of previously unissued common stock. Stock Options/SARs - Stock options allow the participant to purchase shares of common stock at a price not less than 100 percent of the fair market value of the stock on the date of grant. Upon exercise, SARs entitle the participant to receive shares of common stock equal to the increase in value of the award between the grant date and the exercise date. Stock options and SARs are exercisable from one to three years after the date of grant and expire no more than 10 years after grant. The fair value of each stock option and SAR award granted in 2015 , 2014 and 2013 was estimated at the date of grant using a Black-Scholes option pricing model with the following weighted-average assumptions: 2015 2014 2013 Risk-free interest rate 2.0 % 1.55 % 0.8 % Expected life of award 5.4 yrs 5.1 yrs 4.9 yrs Expected dividend yield of stock 1.8 % 1.9 % 1.7 % Expected volatility of stock 32.3 % 39.1 % 39.0 % Weighted-average fair value $ 30.50 $ 32.57 $ 24.76 The risk-free interest rate was based on U.S. Treasury yields with a term similar to the expected life of the award . The expected life of the award was derived by referring to actual exercise and post-vesting employment termination experience. The expected dividend yield was based on the Company's historical dividend rate and stock price over a period similar to the expected life of the award. The expected volatility of stock was derived by referring to changes in the Company's historical common stock prices over a time-frame similar to the expected life of the award. Stock option and SAR activity during 2015 is as follows (aggregate intrinsic value in millions): Number of Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term Aggregate Intrinsic Value Outstanding June 30, 2014 8,208,699 $ 72.87 Granted 1,128,279 113.92 Exercised (1,159,101 ) 62.82 Canceled (43,671 ) 101.10 Outstanding June 30, 2015 8,134,206 $ 79.84 5.2 years $ 298.0 Exercisable June 30, 2015 5,824,117 $ 69.43 4.0 years $ 273.9 A summary of the status and changes of shares subject to stock option and SAR awards and the related average price per share follows: Number of Shares Weighted-Average Grant Date Fair Value Nonvested June 30, 2014 2,484,971 $ 28.89 Granted 1,128,279 30.50 Vested (1,264,918 ) 26.93 Canceled (38,243 ) 31.00 Nonvested June 30, 2015 2,310,089 $ 30.71 At June 30, 2015 , $19,061 of expense with respect to nonvested stock option and SAR awards has yet to be recognized and will be amortized into expense over a weighted-average period of approximately 20 months . The total fair value of shares vested during 2015 , 2014 and 2013 was $34,064 , $42,363 and $29,777 , respectively. Information related to stock options and SAR awards exercised during 2015 , 2014 and 2013 is as follows: 2015 2014 2013 Net cash proceeds $ 3,355 $ 8,013 $ 32,204 Intrinsic value 72,140 155,903 208,426 Income tax benefit 17,355 37,993 47,659 During 2015 , 2014 and 2013 , the Company recognized stock-based compensation expense of $34,617 , $49,998 and $33,018 , respectively, relating to stock option and SAR awards. The Company derives a tax deduction measured by the excess of the market value over the grant price at the date stock-based awards are exercised. The related tax benefit is credited to additional capital as the Company is currently in a windfall tax benefit position. Shares surrendered upon exercise of stock options and SARs: 2015 - 243,799 ; 2014 - 775,163 ; 2013 - 1,947,148 . RSUs - RSUs constitute an agreement to deliver shares of common stock to the participant at the end of a vesting period. Generally, the RSUs vest and the underlying stock is issued ratably over a three -year graded vesting period. Unvested RSUs may not be transferred and do not have dividend or voting rights. For each unvested RSU, recipients are entitled to receive a dividend equivalent, payable in cash or common shares, equal to the cash dividend per share paid to common shareholders. The fair value of each RSU award granted in 2015 , 2014 and 2013 was based on the fair market value of the Company's common stock on the date of grant. A summary of the status and changes of shares subject to RSU awards and the related average price per share follows: Number of Shares Weighted-Average Grant Date Fair Value Nonvested June 30, 2014 471,530 $ 94.59 Granted 211,088 113.02 Vested (213,986 ) 88.57 Canceled (19,344 ) 105.91 Nonvested June 30, 2015 449,288 $ 105.63 During 2015 , 2014 and 2013 , the Company recognized stock-based compensation expense of $ 22,547 , $ 21,475 and $17,852 respectively, relating to RSU awards. At June 30, 2015 , $18,395 of expense with respect to nonvested RSU awards has yet to be recognized and will be amortized into expense over a weighted-average period of approximately 19 months . The total fair value of RSU awards vested during 2015 , 2014 and 2013 was $ 18,953 , $ 18,007 and $12,488 , respectively. The Company recognized a tax benefit of $ 704 , $2,509 and $976 relating to the issuance of common stock for RSU awards that vested during 2015 , 2014 and 2013 , respectively. LTIP/Restricted Stock - The Company's Long Term Incentive Plans (LTIP) provide for the issuance of unrestricted stock to certain officers and key employees based on the attainment of certain goals relating to the Company's revenue growth, earnings per share growth and return on invested capital during the 3 -year performance period. No dividends or dividend equivalents are paid on unearned shares. Stock issued for LTIP 2015 2014 2013 LTIP 3-year plan 2012-13-14 2011-12-13 2010-11-12 Number of shares issued 185,063 298,813 792,428 Average share value on date of issuance $ 119.06 $ 126.17 $ 83.64 Total value $ 22,034 $ 37,701 $ 66,278 Under the Company's 2013-14-15 LTIP, a payout of unrestricted stock will be issued in April 2016. The fair value of each LTIP award granted in 2015 , 2014 and 2013 was based on the fair market value of the Company's common stock on the date of grant. A summary of the status and changes of shares relating to the LTIP and the related average price per share follows: Number of Shares Weighted-Average Grant Date Fair Value Nonvested June 30, 2014 920,096 $ 94.83 Granted 297,728 120.21 Vested (333,239 ) 79.46 Canceled (8,414 ) 96.98 Nonvested June 30, 2015 876,171 $ 109.27 During 2015 , 2014 and 2013 , the Company recorded stock-based compensation expense of $38,929 , $31,688 and $34,127 , respectively, relating to the LTIP. Shares surrendered in connection with the LTIP: 2015 - 42,394 ; 2014 - 140,406 ; 2013 - 311,110 . In 2015 , 2014 and 2013 , 12,716 , 12,353 and 14,580 restricted shares, respectively, were issued to certain non-employee members of the Board of Directors. Transferability of these shares is restricted for one to three years following issuance. These shares vest ratably, on an annual basis, over the term of office of the director. The fair value of the restricted shares issued in 2015 , 2014 and 2013 was based on the fair market value of the Company's common stock on the date of grant. During 2015 , 2014 and 2013 , the Company recognized expense of $1,401 , $1,304 and $1,137 , respectively, related to restricted shares. During 2015 , 2014 and 2013 , the Company recognized a tax benefit (cost) of $5,370 , $(6,770) and $17,395 , respectively, relating to the LTIP and restricted shares issued to non-employee members of the Board of Directors. At June 30, 2015 , the Company had approximately 6 million common shares reserved for issuance in connection with its stock incentive plans.

Shareholders' Protection Rights

Shareholders' Protection Rights Agreement (Notes)	12 Months Ended
	Jun. 30, 2015
Shareholders Protection Rights Agreement [Abstract]
Shareholders' Protection Rights Agreement Disclosure [Text Block]	Shareholders' Protection Rights Agreement On January 25, 2007, the Board of Directors of the Company declared a dividend of one Shareholders' Right for each common share outstanding on February 17, 2007 in relation to the Company's Shareholders Protection Rights Agreement. As of June 30, 2015 , 138,558,739 common shares were reserved for issuance under this Agreement. Under certain conditions involving acquisition of, or an offer for, 15 percent or more of the Company's common shares, all holders of Shareholders' Rights would be entitled to purchase one common share at an exercise price currently set at $160 . In addition, in certain circumstances, all holders of Shareholders' Rights (other than the acquiring entity) would be entitled to purchase a number of common shares equal to twice the exercise price, or at the option of the Board of Directors, to exchange each Shareholders' Right for one common share. The Shareholders' Rights remain in existence until February 17, 2017, unless extended by the Board of Directors or earlier redeemed (at one cent per Shareholders' Right), exercised or exchanged under the terms of the agreement . In the event of an unfriendly business combination attempt, the Shareholders' Rights will cause substantial dilution to the person attempting the business combination. The Shareholders' Rights should not interfere with any merger or other business combination that is in the best interest of the Company and its shareholders since the Shareholders' Rights may be redeemed.

Research and Development

Research and Development	12 Months Ended
	Jun. 30, 2015
Research and Development [Abstract]
Research and Development	Research and Development Research and development costs amounted to $403,085 in 2015 , $410,132 in 2014 and $406,613 in 2013 . These amounts include both costs incurred by the Company related to independent research and development initiatives as well as costs incurred in connection with research and development contracts. Costs incurred in connection with research and development contracts amounted to $57,799 in 2015 , $55,916 in 2014 and $58,916 in 2013 . These costs are included in the total research and development cost for each of the respective years.

Financial Instruments (Notes)

Financial Instruments (Notes)	12 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	Financial Instruments The Company’s financial instruments consist primarily of cash and cash equivalents, marketable securities and other investments, accounts receivable and long-term investments as well as obligations under accounts payable, trade, notes payable and long-term debt. Due to their short-term nature, the carrying values for cash and cash equivalents, accounts receivable, accounts payable, trade and notes payable approximate fair value. Marketable securities and other investments include deposits, which are recorded at cost, and investments classified as available-for-sale, which are recorded at fair value with unrealized gains and losses recorded in accumulated other comprehensive (loss). The amortized cost and fair value of available-for-sale investments at June 30, 2015 are as follows: Amortized Cost Gross Unrealized Gains Gross Fair Value Fixed income mutual funds $ 187,467 $ 101 $ 34 $ 187,534 Government bonds 60,543 12 43 60,512 Corporate bonds 146,202 2 487 145,717 Asset-backed and mortgage-backed securities 11,028 — 58 10,970 At June 30, 2015 , there were no facts or circumstances that indicated the unrealized losses were other than temporary. All available-for-sale investments in an unrealized loss position have been in that position for less than 12 months. The contractual maturities of available-for-sale investments at June 30, 2015 are as follows: Amortized Cost Fair Value Less than one year $ 13,561 $ 13,555 One to three years 188,539 188,057 Over three years 15,673 15,587 Actual maturities of available-for-sale investments may differ from their contractual maturities as the Company has the ability to liquidate the available-for-sale investments after giving appropriate notice to the issuer. During 2015 , the Company recognized $3,817 of net realized losses on its available-for sale investments related to sales and maturities, which are reflected in the other (income), net caption within the Consolidated Statement of Income. The carrying value of long-term debt (excluding capital leases) and estimated fair value of long-term debt (excluding capital leases) at June 30 are as follows: 2015 2014 Carrying value of long-term debt (excluding capital leases) $ 2,947,102 $ 1,508,420 Estimated fair value of long-term debt (excluding capital leases) 3,107,735 1,708,723 The fair value of long-term debt was determined based on observable market prices in the active market in which the security is traded and is classified within level 2 of the fair value hierarchy. The Company utilizes derivative and non-derivative financial instruments, including forward exchange contracts, costless collar contracts, cross-currency swap contracts and certain foreign denominated debt designated as net investment hedges, to manage foreign currency transaction and translation risk. The derivative financial instrument contracts are with major investment grade financial institutions and the Company does not anticipate any material non-performance by any of the counterparties. The Company does not hold or issue derivative financial instruments for trading purposes. The Company’s Euro bonds and Japanese Yen credit facility have each been designated as a hedge of the Company’s net investment in certain foreign subsidiaries. The translation of the Euro bonds and Japanese Yen credit facility into U.S. dollars is recorded in accumulated other comprehensive (loss) and remains there until the underlying net investment is sold or substantially liquidated. Derivative financial instruments are recognized on the Consolidated Balance Sheet as either assets or liabilities and are measured at fair value. The location and fair value of derivative financial instruments reported in the Consolidated Balance Sheet are as follows: Balance Sheet Caption 2015 2014 Net investment hedges Cross-currency swap contracts Other assets $ 17,994 $ — Cross-currency swap contracts Other liabilities — 45,790 Cash flow hedges Costless collar contracts Non-trade and notes receivable 5,627 3,508 Forward exchange contracts Non-trade and notes receivable (23 ) (41 ) Costless collar contracts Other accrued liabilities 1,970 378 The cross-currency swap and costless collar contracts are reflected on a gross basis in the Consolidated Balance Sheet. The presentation of forward exchange contracts is on a net basis, the effect of which is immaterial to the Consolidated Balance Sheet. The Company has not entered into any master netting arrangements. Gains or losses on derivatives that are not hedges are adjusted to fair value through the cost of sales caption in the Consolidated Statement of Income. Gains or losses on derivatives that are hedges are adjusted to fair value through accumulated other comprehensive (loss) in the Consolidated Balance Sheet until the hedged item is recognized in earnings. The cross-currency swap contracts have been designated as hedging instruments. The costless collar contracts and forward exchange contracts have not been designated as hedging instruments and are considered to be economic hedges of forecasted transactions. Gains (losses) on derivative financial instruments that were recorded in the Consolidated Statement of Income are as follows: 2015 2014 2013 Forward exchange contracts $ 59 $ (81 ) $ (1,821 ) Costless collar contracts (1,865 ) 7,052 502 Gains (losses) on derivative and non-derivative financial instruments that were recorded in accumulated other comprehensive (loss) in the Consolidated Balance Sheet are as follows: 2015 2014 Cross-currency swap contracts $ 39,406 $ (14,426 ) Foreign denominated debt 37,871 7,611 There was no ineffectiveness of the cross-currency swap contracts or foreign denominated debt, nor were any portion of these financial instruments excluded from the effectiveness testing, during 2015 , 2014 and 2013 . A summary of financial assets and liabilities that were measured at fair value on a recurring basis at June 30, 2015 and 2014 are as follows: June 30, 2015 Quoted Prices In Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Government bonds $ 60,512 $ 60,512 $ — $ — Corporate bonds 145,717 145,717 — — Asset-backed and mortgage-backed securities 10,970 — 10,970 — Derivatives 23,598 — 23,598 — Investments measured at net asset value 187,534 Liabilities: Derivatives 1,970 — 1,970 — June 30, 2014 Quoted Prices In Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Derivatives $ 3,467 $ — $ 3,467 $ — Liabilities: Derivatives 46,168 — 46,168 — The fair values of the government bonds, corporate bonds and asset-backed and mortgage-backed securities are determined using the closing market price reported in the active market in which the fund is traded or the market price for similar assets that are traded in an active market. Derivatives consist of forward exchange, costless collar and cross-currency swap contracts, the fair values of which are calculated using market observable inputs including both spot and forward prices for the same underlying currencies. The calculation of fair value of the cross-currency swap contracts also utilizes a present value cash flow model that has been adjusted to reflect the credit risk of either the Company or the counterparty. Investments measured at net asset value primarily consist of investments in fixed income mutual funds, which are measured at fair value using the net asset value per share practical expedient. These investments have not been categorized in the fair value hierarchy and are presented in the table above is to permit reconciliation of the fair value hierarchy to the Consolidated Balance Sheet. The Company has the ability to liquidate these investments after giving appropriate notice to the issuer. The primary investment objective for all investments is the preservation of principal and liquidity while earning income. There are no other financial assets or financial liabilities that are marked to market on a recurring basis. Fair values are transferred between levels of the fair value hierarchy when facts and circumstances indicate that a change in the method of estimating the fair value of a financial asset or financial liability is warranted.

Contingencies (Notes)

Contingencies (Notes)	12 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies The Company is involved in various litigation matters arising in the normal course of business, including proceedings based on product liability claims, workers' compensation claims and alleged violations of various environmental laws. The Company is self-insured in the United States for health care, workers' compensation, general liability and product liability up to predetermined amounts, above which third party insurance applies. Management regularly reviews the probable outcome of these proceedings, the expenses expected to be incurred, the availability and limits of the insurance coverage, and the established accruals for liabilities. While the outcome of pending proceedings cannot be predicted with certainty, management believes that any liabilities that may result from these proceedings will not have a material adverse effect on the Company's liquidity, financial condition or results of operations. Environmental - The Company is currently responsible for environmental remediation at various manufacturing facilities presently or formerly operated by the Company and has been named as a “potentially responsible party,” along with other companies, at off-site waste disposal facilities and regional sites. As of June 30, 2015 , the Company had an accrual of $16,957 for environmental matters, which are probable and reasonably estimable. The accrual is recorded based upon the best estimate of costs to be incurred in light of the progress made in determining the magnitude of remediation costs, the timing and extent of remedial actions required by governmental authorities and the amount of the Company's liability in proportion to other responsible parties. The Company's estimated total liability for environmental matters ranges from a minimum of $17.0 million to a maximum of $80.2 million . The largest range for any one site is approximately $8.4 million . The actual costs to be incurred by the Company will be dependent on final determination of contamination and required remedial action, negotiations with governmental authorities with respect to cleanup levels, changes in regulatory requirements, innovations in investigatory and remedial technologies, effectiveness of remedial technologies employed, the ability of other responsible parties to pay, and any insurance or other third-party recoveries.

Quarterly Information (Unaudite

Quarterly Information (Unaudited) (Notes)	12 Months Ended
	Jun. 30, 2015
Quarterly Financial Information Disclosure [Abstract]
Quarterly Information (Unaudited)	Quarterly Information (Unaudited) 2015 1st 2nd 3rd 4th Total Net sales $ 3,269,932 $ 3,134,993 $ 3,162,311 $ 3,144,508 $ 12,711,744 Gross profit 810,067 733,409 789,295 723,728 3,056,499 Net income attributable to common shareholders 280,089 267,252 285,345 179,454 1,012,140 Diluted earnings per share 1.85 1.80 2.02 1.27 6.97 2014 1st 2nd 3rd 4th Total Net sales $ 3,226,144 $ 3,106,006 $ 3,358,406 $ 3,525,415 $ 13,215,971 Gross profit 749,735 686,035 752,513 839,461 3,027,744 Net income attributable to common shareholders 244,316 253,288 242,406 301,038 1,041,048 Diluted earnings per share 1.61 1.66 1.60 1.98 6.87 Earnings per share amounts are computed independently for each of the quarters presented, therefore, the sum of the quarterly earnings per share amounts may not equal the total computed for the year.

Stock Prices and Dividends (Una

Stock Prices and Dividends (Unaudited) (Notes)	12 Months Ended
	Jun. 30, 2015
Stock Prices and Dividends [Abstract]
Stock Prices and Dividends (Unaudited)	Stock Prices and Dividends (Unaudited) (In dollars) 1st 2nd 3rd 4th Fiscal Year 2015 High $ 127.60 $ 133.41 $ 129.54 $ 125.33 $ 133.41 Low 105.91 99.82 115.86 115.65 99.82 Dividends 0.48 0.63 0.63 0.63 2.37 2014 High $ 110.21 $ 129.77 $ 129.40 $ 130.44 $ 130.44 Low 94.81 103.36 108.66 118.46 94.81 Dividends 0.45 0.45 0.48 0.48 1.86 2013 High $ 87.71 $ 87.04 $ 98.15 $ 101.88 $ 101.88 Low 70.42 75.80 86.51 84.50 70.42 Dividends 0.41 0.41 0.43 0.45 1.70 Common Stock Listing: New York Stock Exchange, Stock Symbol PH

Significant Accounting Polici29

Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations - The Company is a leading worldwide diversified manufacturer of motion and control technologies and systems, providing precision engineered solutions for a wide variety of mobile, industrial and aerospace markets. The Company evaluates performance based on segment operating income before corporate and administrative expenses, interest expense and income taxes. The Diversified Industrial Segment is an aggregation of several business units, which manufacture motion-control and fluid power system components for builders and users of various types of manufacturing, packaging, processing, transportation, agricultural, construction, and military vehicles and equipment. Diversified Industrial Segment products are marketed primarily through field sales employees and independent distributors. The Diversified Industrial North American operations have manufacturing plants and distribution networks throughout the United States, Canada and Mexico and primarily service North America. The Diversified Industrial International operations provide Parker products and services to 47 countries throughout Europe, Asia Pacific, Latin America, the Middle East and Africa. The Aerospace Systems Segment produces hydraulic, fuel, pneumatic and electro-mechanical systems and components, which are utilized on virtually every domestic commercial, military and general aviation aircraft and also performs a vital role in naval vessels and land-based weapons systems. This Segment serves original equipment and maintenance, repair and overhaul customers worldwide. Aerospace Systems Segment products are marketed by field sales employees and are sold directly to manufacturers and end-users. See the table of Business Segment Information on pages 13-15 and 13-16 for further disclosure of business segment information. There are no individual customers to whom sales are more than four percent of the Company's consolidated sales. Due to the diverse group of customers throughout the world, the Company does not consider itself exposed to any concentration of credit risks. The Company manufactures and markets its products throughout the world. Although certain risks and uncertainties exist, the diversity and breadth of the Company's products and geographic operations mitigate the risk that adverse changes with respect to any particular product and geographic operation would materially affect the Company's operating results.
Use of Estimates	Use of Estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
Basis of Consolidation	Basis of Consolidation - The consolidated financial statements include the accounts of all majority-owned domestic and foreign subsidiaries. All intercompany transactions and profits have been eliminated in the consolidated financial statements. The Company does not have off-balance sheet arrangements. Within the Business Segment Information, intersegment and interarea sales have been eliminated.
Revenue Recognition	Revenue Recognition - Revenue is recognized when persuasive evidence of an arrangement exists, product has shipped and the risks and rewards of ownership have transferred or services have been rendered, the price to the customer is fixed and determinable and collectibility is reasonably assured, which is generally at the time the product is shipped. Shipping and handling costs billed to customers are included in net sales and the related costs in cost of sales.
Long-term Contracts	Long-term Contracts - The Company enters into long-term contracts primarily for the production of aerospace products. For financial statement purposes, revenues are primarily recognized using the percentage-of-completion method. The extent of progress toward completion is primarily measured using the units-of-delivery method. Unbilled costs on these contracts are included in inventory. Progress payments are netted against the inventory balances. The Company estimates costs to complete long-term contracts for purposes of evaluating and establishing contract reserves. Adjustments to cost estimates are made on a consistent basis and a contract reserve is established when the estimated costs to complete a contract exceed the expected contract revenues.
Cash	Cash - Cash equivalents consist of short-term highly liquid investments, with a three-month or less maturity, carried at cost plus accrued interest, which are readily convertible into cash.
Marketable Securities and Other Investments	Marketable Securities and Other Investments - Consist of short-term highly liquid investments, with stated maturities of greater than three months from the date of purchase,
Trade Accounts Receivable, Net	Trade Accounts Receivable, Net - Trade accounts receivable are initially recorded at their net collectible amount and are generally recorded at the time the revenue from the sales transaction is recorded. Receivables are written off to bad debt primarily when, in the judgment of the Company, the receivable is deemed to be uncollectible due to the insolvency of the debtor. Allowance for doubtful accounts was $9,284 and $16,040 at June 30, 2015 and June 30, 2014 , respectively.
Non-Trade and Notes Receivable	Non-Trade and Notes Receivable - The non-trade and notes receivable caption in the Consolidated Balance Sheet is comprised of the following components: June 30, 2015 2014 Notes receivable $ 90,470 $ 117,400 Reverse repurchase agreements 113,558 54,772 Accounts receivable, other 160,506 216,265 Total $ 364,534 $ 388,437 Reverse repurchase agreements are collateralized lending arrangements and have a maturity longer than three months from the date of purchase. The Company does not record an asset or liability for the collateral associated with the reverse repurchase agreements.
Plant, Equipment and Depreciation	Plant, Equipment and Depreciation - Plant and equipment are recorded at cost and are depreciated principally using the straight-line method for financial reporting purposes. Depreciation rates are based on estimated useful lives of the assets, generally 40 years for buildings, 15 years for land improvements and building equipment, seven to 10 years for machinery and equipment, and three to eight years for vehicles and office equipment. Improvements, which extend the useful life of property, are capitalized, and maintenance and repairs are expensed. The Company reviews plant and equipment for impairment whenever events or changes in circumstances indicate that their carrying value may not be recoverable. When plant and equipment are retired or otherwise disposed of, the cost and accumulated depreciation are removed from the appropriate accounts and any gain or loss is included in current income. The plant and equipment caption in the Consolidated Balance Sheet is comprised of the following components: June 30, 2015 2014 Land and land improvements $ 294,537 $ 326,008 Buildings and building equipment 1,457,650 1,535,634 Machinery and equipment 3,017,011 3,210,172 Construction in progress 93,413 80,777 Total $ 4,862,611 $ 5,152,591
Investments and Other Assets	Investments and Other Assets - Investments in joint-venture companies in which ownership is 50 percent or less and in which the Company does not have operating control are stated at cost plus the Company's equity in undistributed earnings and amounted to $315,989 and $324,610 at June 30, 2015 and June 30, 2014 , respectively. A significant portion of the underlying net assets of the joint ventures are related to goodwill. The Company's share of earnings from these investments were immaterial to the Company's results of operations.
Goodwill	Goodwill - The Company conducts a formal impairment test of goodwill on an annual basis and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value.
Intangible Assets	Intangible Assets - Intangible assets primarily include patents, trademarks and customer lists and are recorded at cost and amortized on a straight-line method. Patents are amortized over the shorter of their remaining useful or legal life. Trademarks are amortized over the estimated time period over which an economic benefit is expected to be received. Customer lists are amortized over a period based on anticipated customer attrition rates. The Company reviews intangible assets for impairment whenever events or changes in circumstances indicate that their carrying value may not be recoverable.
Income Taxes	Income Taxes - Income taxes are provided based upon income for financial reporting purposes. Deferred income taxes arise from temporary differences in the recognition of income and expense for tax purposes. Tax credits and similar tax incentives are applied to reduce the provision for income taxes in the year in which the credits arise. The Company recognizes accrued interest related to unrecognized tax benefits in income tax expense. Penalties, if incurred, are recognized in income tax expense.
Product Warranty	Product Warranty - In the ordinary course of business the Company warrants its products against defect in design, materials and workmanship over various time periods. The warranty accrual at June 30, 2015 and 2014 is immaterial to the financial position of the Company and the change in the accrual during 2015 , 2014 and 2013 was immaterial to the Company's results of operations and cash flows.
Foreign Currency Translation	Foreign Currency Translation - Assets and liabilities of foreign subsidiaries are translated at current exchange rates, and income and expenses are translated using weighted-average exchange rates. The effects of these translation adjustments, as well as gains and losses from certain intercompany transactions, are reported in the accumulated other comprehensive (loss) component of shareholders' equity. Such adjustments will affect net income only upon sale or liquidation of the underlying foreign investments, which is not contemplated at this time. Exchange (gains) losses from transactions in a currency other than the local currency of the entity involved are included within cost of goods sold caption in the Consolidated Statement of Income and were $(77,784) , $5,398 and $22,380 , in 2015, 2014 and 2013, respectively.
Subsequent Events	Subsequent Events - The Company has evaluated subsequent events that have occurred through the date of filing of the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2015 . No subsequent events occurred that required adjustment to or disclosure in these financial statements.
Recent Accounting Pronouncements	Recent Accounting Pronouncements - In May 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2015-07, "Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent)." ASU 2015-07 removes the requirement to categorize all investments within the fair value hierarchy for which the fair value is measured using the net asset value per share practical expedient and to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. During the fourth quarter of 2015, the Company adopted ASU 2015-07. The changes resulting from the adoption of ASU 2015-07, including revising the prior year presentation, are reflected in the retirement benefits and financial instruments disclosures within Note 10 and Note 15 to the Consolidated Financial Statements, respectively. The adoption of ASU 2015-07 did not affect the Company's results of operations, statement of financial position or statement of cash flows. In April 2015, the FASB issued ASU 2015-03, "Interest - Imputation of Interest." ASU 2015-03 requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in the ASU. ASU 2015-03 is effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. The Company does not expect ASU 2015-03 will have a material impact on its statement of financial position or financial statement disclosures. In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers." ASU 2014-09 requires revenue recognition to depict the transfer of goods or services to customers in an amount that reflects the consideration that a company expects to be entitled to in exchange for the goods or services. To achieve this principle, a company must apply five steps including identifying the contract with a customer, identifying the performance obligations in the contract, determining the transaction price, allocating the transaction price to the performance obligations, and recognizing revenue when (or as) the company satisfies the performance obligations. Additional quantitative and qualitative disclosure to enhance the understanding about the nature, amount, timing, and uncertainty of revenue and cash flows is also required. ASU 2014-09 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017. The Company has not yet determined the effect that ASU 2014-09 will have on its results of operations, statement of financial position or financial statement disclosures.

Business Segment Information (T

Business Segment Information (Tables)	12 Months Ended
	Jun. 30, 2015
Business Segment Information [Abstract]
Business Segment Information	(Dollars in thousands) 2015 2014 2013 Net Sales: Diversified Industrial: North America $ 5,715,742 $ 5,693,527 $ 5,637,657 International 4,741,376 5,287,916 5,110,332 Aerospace Systems 2,254,626 2,234,528 2,267,715 $ 12,711,744 $ 13,215,971 $ 13,015,704 Segment Operating Income: Diversified Industrial: North America $ 955,501 $ 946,493 $ 908,719 International 583,937 572,476 602,480 Aerospace Systems 298,994 271,238 280,286 Total segment operating income 1,838,432 1,790,207 1,791,485 Corporate administration 215,396 181,926 185,767 Income before interest expense and other 1,623,036 1,608,281 1,605,718 Interest expense 118,406 82,566 91,552 Other expense (income) 72,390 (31,005 ) 203,165 Income before income taxes $ 1,432,240 $ 1,556,720 $ 1,311,001 Assets: Diversified Industrial $ 8,765,468 $ 9,501,837 $ 9,388,027 Aerospace Systems (a) 1,375,913 1,359,130 1,139,967 Corporate (b) 2,153,656 2,413,395 2,012,904 $ 12,295,037 $ 13,274,362 $ 12,540,898 Property Additions (c): Diversified Industrial $ 190,580 $ 189,832 $ 312,392 Aerospace Systems 18,427 23,261 20,838 Corporate 6,520 3,247 7,105 $ 215,527 $ 216,340 $ 340,335 Depreciation: Diversified Industrial $ 174,102 $ 187,347 $ 187,014 Aerospace Systems 19,509 19,193 19,498 Corporate 9,165 8,425 7,210 $ 202,776 $ 214,965 $ 213,722 (Dollars in thousands) 2015 2014 2013 By Geographic Area (d) Net Sales: North America $ 7,891,571 $ 7,853,603 $ 7,844,552 International 4,820,173 5,362,368 5,171,152 $ 12,711,744 $ 13,215,971 $ 13,015,704 Long-Lived Assets: North America $ 856,947 $ 861,300 $ 871,958 International 807,075 962,994 936,282 $ 1,664,022 $ 1,824,294 $ 1,808,240

Significant Accounting Polici31

Significant Accounting Policies Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 30, 2015
Significant Accounting Policies [Abstract]
Non-trade and notes receivable	Non-Trade and Notes Receivable - The non-trade and notes receivable caption in the Consolidated Balance Sheet is comprised of the following components: June 30, 2015 2014 Notes receivable $ 90,470 $ 117,400 Reverse repurchase agreements 113,558 54,772 Accounts receivable, other 160,506 216,265 Total $ 364,534 $ 388,437
Plant and equipment	The plant and equipment caption in the Consolidated Balance Sheet is comprised of the following components: June 30, 2015 2014 Land and land improvements $ 294,537 $ 326,008 Buildings and building equipment 1,457,650 1,535,634 Machinery and equipment 3,017,011 3,210,172 Construction in progress 93,413 80,777 Total $ 4,862,611 $ 5,152,591

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Schedule of Purchase Price Allocation	2015 2014 2013 Assets: Accounts receivable $ 7,656 $ 954 $ 91,668 Inventories 3,099 2,184 93,915 Prepaid expenses 91 57 4,672 Deferred income taxes 5 189 (1,713 ) Plant and equipment 1,123 11,211 74,439 Intangible and other assets 7,794 5,646 280,001 Goodwill 10,430 3,195 317,879 30,198 23,436 860,861 Liabilities and equity: Notes payable — — 11,920 Accounts payable, trade 2,689 915 46,596 Accrued payrolls and other compensation 243 263 12,099 Accrued domestic and foreign taxes 777 1 7,073 Other accrued liabilities 5,267 3,864 16,805 Long-term debt — — 102,122 Pensions and other postretirement benefits — — 2,125 Deferred income taxes 2,604 — 39,214 Other liabilities — 800 689 Noncontrolling interests — — 1,074 11,580 5,843 239,717 Net assets acquired $ 18,618 $ 17,593 $ 621,144

Charges Related to Business R33

Charges Related to Business Realignment (Tables)	12 Months Ended
	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
Schedule of Restructuring and Related Costs	Business realignment charges by business segment are as follows: 2015 2014 2013 Diversified Industrial $ 30,882 $ 101,524 $ 12,234 Aerospace Systems 967 925 — Work force reductions by business segment are as follows: 2015 2014 2013 Diversified Industrial 668 1,581 725 Aerospace Systems 21 44 — The business realignment charges are presented in the Consolidated Statement of Income as follows: 2015 2014 2013 Cost of sales $ 19,419 $ 63,575 $ 8,354 Selling, general and administrative expenses 12,888 38,874 3,880 Loss (gain) on disposal of assets 2,399 1,331 1,918

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign	Income before income taxes was derived from the following sources: 2015 2014 2013 United States $ 779,782 $ 1,115,010 $ 653,622 Foreign 652,458 441,710 657,379 $ 1,432,240 $ 1,556,720 $ 1,311,001
Schedule of Components of Income Tax Expense (Benefit)	Income taxes include the following: 2015 2014 2013 Federal Current $ 185,761 $ 377,404 $ 167,350 Deferred 28,108 (45,643 ) 26,523 Foreign Current 189,826 168,177 176,739 Deferred (11,208 ) (28,016 ) (28,472 ) State and local Current 25,235 43,860 19,496 Deferred 1,965 (480 ) 581 $ 419,687 $ 515,302 $ 362,217
Schedule of Effective Income Tax Rate Reconciliation	A reconciliation of the Company's effective income tax rate to the statutory Federal rate follows: 2015 2014 2013 Statutory Federal income tax rate 35.0 % 35.0 % 35.0 % State and local income taxes 1.1 1.8 1.0 Goodwill and intangible asset impairment — 4.5 — Tax related to international activities (4.5 ) (5.6 ) (5.8 ) Cash surrender value of life insurance (0.1 ) (0.9 ) (0.7 ) Federal manufacturing deduction (1.6 ) (1.0 ) (1.0 ) Research tax credit (0.8 ) (0.3 ) (1.1 ) Other 0.2 (0.4 ) 0.2 Effective income tax rate 29.3 % 33.1 % 27.6 %
Schedule of Deferred Tax Assets and Liabilities	The differences comprising the net deferred taxes shown on the Consolidated Balance Sheet at June 30 were as follows: 2015 2014 Retirement benefits $ 614,127 $ 550,034 Other liabilities and reserves 127,838 128,848 Long-term contracts 49,929 46,006 Stock-based incentive compensation 66,015 64,267 Loss carryforwards 316,994 340,676 Unrealized currency exchange gains and losses (17,218 ) 25,182 Inventory 16,659 18,668 Foreign tax credit carryforward 29,965 51,875 Depreciation and amortization (531,258 ) (571,107 ) Valuation allowance (330,006 ) (348,837 ) Net deferred tax asset $ 343,045 $ 305,612 Change in net deferred tax asset: Provision for deferred tax $ (18,865 ) $ 74,139 Items of other comprehensive (loss) 57,523 (49,882 ) Acquisitions and other (1,225 ) 6,539 Total change in net deferred tax $ 37,433 $ 30,796
Reconciliation of unrecognized tax benefits	A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: 2015 2014 2013 Balance July 1 $ 164,813 $ 107,440 $ 109,735 Additions for tax positions related to current year 6,090 7,752 10,285 Additions for tax positions of prior years 14,989 55,136 10,719 Reductions for tax positions of prior years (6,945 ) (1,359 ) (20,683 ) Reductions for settlements — (1,856 ) (4,266 ) Reductions for expiration of statute of limitations (6,251 ) (5,005 ) (437 ) Effect of foreign currency translation (27,008 ) 2,705 2,087 Balance June 30 $ 145,688 $ 164,813 $ 107,440

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Calculation of Numerator and Denominator in Earnings Per Share	The computation of net income per share was as follows: 2015 2014 2013 Numerator: Net income attributable to common shareholders $ 1,012,140 $ 1,041,048 $ 948,427 Denominator: Basic - weighted-average common shares 142,925,327 149,099,448 149,218,257 Increase in weighted-average common shares from dilutive effect of stock-based awards 2,186,823 2,344,655 2,369,774 Diluted - weighted-average common shares, assuming exercise of stock-based awards 145,112,150 151,444,103 151,588,031 Basic earnings per share $ 7.08 $ 6.98 $ 6.36 Diluted earnings per share $ 6.97 $ 6.87 $ 6.26

Inventories Inventories (Tables

Inventories Inventories (Tables)	12 Months Ended
	Jun. 30, 2015
Inventory Detail Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	The inventories caption in the Consolidated Balance Sheet is comprised of the following components: June 30, 2015 2014 Finished products $ 526,708 $ 532,968 Work in process 688,727 732,294 Raw materials 85,024 106,419 Total $ 1,300,459 $ 1,371,681

Goodwill and Intangible Asset37

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The changes in the carrying amount of goodwill are as follows: Diversified Industrial Segment Aerospace Systems Segment Total Balance June 30, 2013 $ 3,125,175 $ 98,340 $ 3,223,515 Acquisitions 3,195 — 3,195 Impairment (140,334 ) — (140,334 ) Foreign currency translation and other 84,688 361 85,049 Balance June 30, 2014 $ 3,072,724 $ 98,701 $ 3,171,425 Acquisitions 10,430 — 10,430 Divestitures (4,757 ) — (4,757 ) Foreign currency translation and other (234,352 ) (67 ) (234,419 ) Balance June 30, 2015 $ 2,844,045 $ 98,634 $ 2,942,679
Schedule of Finite-Lived Intangible Assets by Major Class	The gross carrying value and accumulated amortization for each major category of intangible asset at June 30 are as follows: 2015 2014 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Patents $ 149,066 $ 88,540 $ 160,030 $ 86,708 Trademarks 355,108 172,187 391,268 174,114 Customer lists and other 1,369,380 599,388 1,481,560 583,754 Total $ 1,873,554 $ 860,115 $ 2,032,858 $ 844,576
Schedule of Acquired Finite-Lived Intangible Assets by Major Class	During 2015 , the Company acquired intangible assets, either individually or as part of a group of assets, with an initial purchase price allocation and weighted-average life as follows: Purchase Price Allocation Weighted-Average Life Patents $ 2,642 12 years Trademarks 1,093 14 years Customer lists and other 11,797 16 years Total $ 15,532 15 years

Debt (Tables)

Debt (Tables)	12 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	June 30, 2015 2014 Domestic: Fixed rate medium-term notes 3.30% to 6.55%, due 2018-2045 $ 2,675,000 $ 1,175,000 Foreign: Bank loans, including revolving credit 1% to 11.75%, due 2016 322 322 Euro bonds 4.125%, due 2016 222,820 273,860 Japanese Yen credit facility JPY Libor plus 55 bps, due 2017 48,960 59,220 Other long-term debt, including capitalized leases — 236 Total long-term debt 2,947,102 1,508,638 Less: Long-term debt payable within one year 223,142 496 Long-term debt, net $ 2,723,960 $ 1,508,142

Retirement Benefits (Tables)

Retirement Benefits (Tables)	12 Months Ended
	Jun. 30, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Schedule of Employee Stock Ownership Plan (ESOP) Disclosures	2015 2014 2013 Shares held by ESOP 8,407,858 8,944,697 9,686,238 Company matching contributions $ 63,914 $ 63,441 $ 61,067
Pension Plans, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Schedule of Defined Benefit Plans Disclosures	A summary of the Company's defined benefit pension plans follows: 2015 2014 2013 Benefit cost Service cost $ 97,960 $ 99,929 $ 107,519 Interest cost 176,556 190,999 174,152 Special termination cost 21,174 — — Expected return on plan assets (218,938 ) (226,884 ) (211,694 ) Amortization of prior service cost 9,437 14,644 14,472 Amortization of unrecognized actuarial loss 152,664 159,584 200,849 Amortization of initial net obligation 17 19 22 Net periodic benefit cost $ 238,870 $ 238,291 $ 285,320 2015 2014 Change in benefit obligation Benefit obligation at beginning of year $ 4,749,447 $ 4,382,563 Service cost 97,960 99,929 Interest cost 176,556 190,999 Special termination cost 21,174 — Actuarial loss 237,896 277,098 Benefits paid (261,473 ) (286,066 ) Plan amendments 3,033 (3,503 ) Foreign currency translation and other (156,890 ) 88,427 Benefit obligation at end of year $ 4,867,703 $ 4,749,447 Change in plan assets Fair value of plan assets at beginning of year $ 3,499,274 $ 3,096,616 Actual gain on plan assets 51,514 469,984 Employer contributions 62,852 146,237 Benefits paid (261,473 ) (286,066 ) Foreign currency translation and other (113,860 ) 72,503 Fair value of plan assets at end of year $ 3,238,307 $ 3,499,274 Funded status $ (1,629,396 ) $ (1,250,173 ) Amounts recognized on the Consolidated Balance Sheet Other accrued liabilities $ (31,206 ) $ (11,333 ) Pensions and other postretirement benefits (1,598,190 ) (1,238,840 ) Net amount recognized $ (1,629,396 ) $ (1,250,173 ) Amounts recognized in Accumulated Other Comprehensive (Loss) Net actuarial loss $ 1,639,010 $ 1,434,645 Prior service cost 32,126 37,137 Transition obligation 103 143 Net amount recognized $ 1,671,239 $ 1,471,925
Schedule of Assumptions Used	The assumptions used to measure net periodic benefit cost for the Company's significant defined benefit plans are: 2015 2014 2013 U.S. defined benefit plans Discount rate 4.05 % 4.52 % 3.91 % Average increase in compensation 5.12 % 5.13 % 5.21 % Expected return on plan assets 7.5 % 8.0 % 8.0 % Non-U.S. defined benefit plans Discount rate 0.9 to 4.2% 1.5 to 4.59% 1.75 to 4.7% Average increase in compensation 2.0 to 5.0% 2.0 to 6.0% 2.0 to 6.0% Expected return on plan assets 1.0 to 6.25% 1.0 to 6.25% 1.0 to 6.4% The assumptions used to measure the benefit obligation for the Company's significant defined benefit plans are: 2015 2014 U.S. defined benefit plans Discount rate 4.19 % 4.05 % Average increase in compensation 5.14 % 5.12 % Non-U.S. defined benefit plans Discount rate 0.7 to 6.0% 0.9 to 4.2% Average increase in compensation 2.0 to 5.5% 2.0 to 5.0%
Schedule of Allocation of Plan Assets and Fair Values	The weighted-average allocation of the majority of the assets related to defined benefit plans is as follows: 2015 2014 Equity securities 41 % 42 % Debt securities 47 % 48 % Other investments 12 % 10 % 100 % 100 % June 30, 2015 Quoted Prices In Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Cash and cash equivalents $ 75,015 $ 75,015 $ — $ — Equity securities U.S. based companies 299,321 299,321 — — Non-U.S. based companies 203,199 203,199 — — Fixed income securities Corporate bonds 165,226 77,224 88,002 — Government issued securities 143,697 90,785 52,912 — Mutual funds Equity funds 149,383 149,383 — — Fixed income funds 135,949 135,949 — — Mutual funds measured at net asset value 5,564 Common/Collective trusts Equity funds 77,429 77,429 — — Fixed income funds 46,184 46,184 — — Common/Collective trusts measured at net asset value 1,635,135 Limited Partnerships measured at net asset value 290,904 Miscellaneous 11,301 — 11,301 — Total at June 30, 2015 $ 3,238,307 $ 1,154,489 $ 152,215 $ — June 30, 2014 Quoted Prices In Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Cash and cash equivalents $ 46,297 $ 45,976 $ 321 $ — Equity securities U.S. based companies 346,145 346,145 — — Non-U.S. based companies 220,911 220,911 — — Fixed income securities Corporate bonds 234,719 101,227 133,492 — Government issued securities 161,131 101,083 60,048 — Mutual funds Equity funds 191,301 191,301 — — Fixed income funds 189,375 189,375 — — Mutual funds measured at net asset value 35,279 Common/Collective trusts Equity funds 85,461 85,461 — — Fixed income funds 48,649 48,649 — — Common/Collective trusts measured at net asset value 1,630,292 Limited Partnerships 777 777 — — Limited Partnerships measured at net asset value 288,236 Miscellaneous 20,701 — 20,701 — Total at June 30, 2014 $ 3,499,274 $ 1,330,905 $ 214,562 $ —
Other Postretirement Benefit Plans, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Schedule of Defined Benefit Plans Disclosures	The Company recognized $4,340 , $4,478 and $4,930 in expense related to other postretirement benefits in 2015 , 2014 and 2013 , respectively. 2015 2014 Change in benefit obligation Benefit obligation at beginning of year $ 76,207 $ 75,544 Service cost 632 623 Interest cost 2,723 2,971 Actuarial loss 655 1,963 Benefits paid (4,264 ) (4,894 ) Benefit obligation at end of year $ 75,953 $ 76,207 Funded status $ (75,953 ) $ (76,207 ) 2015 2014 Amounts recognized on the Consolidated Balance Sheet Other accrued liabilities $ (5,629 ) $ (5,874 ) Pensions and other postretirement benefits (70,324 ) (70,333 ) Net amount recognized $ (75,953 ) $ (76,207 ) Amounts recognized in Accumulated Other Comprehensive (Loss) Net actuarial loss $ 13,626 $ 14,074 Prior service credit (676 ) (797 ) Net amount recognized $ 12,950 $ 13,277
Schedule of Assumptions Used	The assumptions used to measure the net periodic benefit cost for postretirement benefit obligations are: 2015 2014 2013 Discount rate 3.74 % 4.1 % 3.62 % Current medical cost trend rate 7.75 % 7.75 % 8.0 % Ultimate medical cost trend rate (Pre-65 participants) 5.6 % 5.0 % 5.0 % Ultimate medical cost trend rate (Post-65 participants) 6.2 % 5.0 % 5.0 % Medical cost trend rate decreases to ultimate in year (Pre-65 participants) 2041 2021 2019 Medical cost trend rate decreases to ultimate in year (Post-65 participants) 2045 2021 2019

Equity Equity (Tables)

Equity Equity (Tables)	12 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Changes in accumulated other comprehensive (loss) in shareholders' equity by component: Foreign Currency Translation Adjustment Retirement Benefit Plans Other Total Balance June 30, 2013 $ (68,328 ) $ (1,039,072 ) $ (433 ) $ (1,107,833 ) Other comprehensive income (loss) before reclassifications 192,948 (20,636 ) — 172,312 Amounts reclassified from accumulated other comprehensive (loss) — 111,818 205 112,023 Balance June 30, 2014 $ 124,620 $ (947,890 ) $ (228 ) $ (823,498 ) Other comprehensive (loss) before reclassifications (765,107 ) (253,206 ) (4,324 ) (1,022,637 ) Amounts reclassified from accumulated other comprehensive (loss) — 103,496 4,021 107,517 Balance June 30, 2015 $ (640,487 ) $ (1,097,600 ) $ (531 ) $ (1,738,618 )
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Reclassifications out of accumulated other comprehensive (loss) in shareholders' equity during 2015 : Details about Accumulated Other Comprehensive (Loss) Components Income (Expense) Reclassified from Accumulated Other Comprehensive (Loss) Consolidated Statement of Income Classification Retirement benefit plans Amortization of prior service cost and initial net obligation $ (9,333 ) See Note 10 Recognized actuarial loss (153,770 ) See Note 10 Total before tax (163,103 ) Tax benefit 59,607 Income taxes Net of tax $ (103,496 ) Other Realized loss on cash flow hedges $ (305 ) Interest expense Realized loss on available-for-sale investments (3,817 ) Other (income), net Total before tax (4,122 ) Tax benefit 101 Income taxes Net of tax $ (4,021 ) Reclassifications out of accumulated other comprehensive (loss) in shareholders' equity during 2014 : Details about Accumulated Other Comprehensive (Loss) Components Income (Expense) Reclassified from Accumulated Other Comprehensive (Loss) Consolidated Statement of Income Classification Retirement benefit plans Amortization of prior service cost and initial net obligation $ (14,535 ) See Note 10 Recognized actuarial loss (160,596 ) See Note 10 Total before tax (175,131 ) Tax benefit 63,313 Income taxes Net of tax $ (111,818 ) Other Realized loss on cash flow hedges $ (306 ) Interest expense Tax benefit 101 Income taxes Net of tax $ (205 )
Schedule of Treasury Stock by Class	The number of common shares repurchased at the average purchase price follows: 2015 2014 2013 Shares repurchased 11,091,759 1,741,143 3,006,005 Average price per share $ 125.64 $ 114.87 $ 85.55

Stock Incentive Plans (Tables)

Stock Incentive Plans (Tables)	12 Months Ended
	Jun. 30, 2015
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	The fair value of each stock option and SAR award granted in 2015 , 2014 and 2013 was estimated at the date of grant using a Black-Scholes option pricing model with the following weighted-average assumptions: 2015 2014 2013 Risk-free interest rate 2.0 % 1.55 % 0.8 % Expected life of award 5.4 yrs 5.1 yrs 4.9 yrs Expected dividend yield of stock 1.8 % 1.9 % 1.7 % Expected volatility of stock 32.3 % 39.1 % 39.0 % Weighted-average fair value $ 30.50 $ 32.57 $ 24.76
Schedule of Share-based Compensation, Stock Options, Activity	Stock option and SAR activity during 2015 is as follows (aggregate intrinsic value in millions): Number of Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term Aggregate Intrinsic Value Outstanding June 30, 2014 8,208,699 $ 72.87 Granted 1,128,279 113.92 Exercised (1,159,101 ) 62.82 Canceled (43,671 ) 101.10 Outstanding June 30, 2015 8,134,206 $ 79.84 5.2 years $ 298.0 Exercisable June 30, 2015 5,824,117 $ 69.43 4.0 years $ 273.9
Schedule of Nonvested Share Activity	A summary of the status and changes of shares subject to stock option and SAR awards and the related average price per share follows: Number of Shares Weighted-Average Grant Date Fair Value Nonvested June 30, 2014 2,484,971 $ 28.89 Granted 1,128,279 30.50 Vested (1,264,918 ) 26.93 Canceled (38,243 ) 31.00 Nonvested June 30, 2015 2,310,089 $ 30.71
Stock-Based Awards Exercised Disclosure	Information related to stock options and SAR awards exercised during 2015 , 2014 and 2013 is as follows: 2015 2014 2013 Net cash proceeds $ 3,355 $ 8,013 $ 32,204 Intrinsic value 72,140 155,903 208,426 Income tax benefit 17,355 37,993 47,659
Schedule of Share-based Compensation, Restricted Stock Units Award Activity	A summary of the status and changes of shares subject to RSU awards and the related average price per share follows: Number of Shares Weighted-Average Grant Date Fair Value Nonvested June 30, 2014 471,530 $ 94.59 Granted 211,088 113.02 Vested (213,986 ) 88.57 Canceled (19,344 ) 105.91 Nonvested June 30, 2015 449,288 $ 105.63
Schedule of Nonvested Restricted Stock Units Activity	Stock issued for LTIP 2015 2014 2013 LTIP 3-year plan 2012-13-14 2011-12-13 2010-11-12 Number of shares issued 185,063 298,813 792,428 Average share value on date of issuance $ 119.06 $ 126.17 $ 83.64 Total value $ 22,034 $ 37,701 $ 66,278
Schedule of status and changes of LTIP shares and related average purchase price	Number of Shares Weighted-Average Grant Date Fair Value Nonvested June 30, 2014 920,096 $ 94.83 Granted 297,728 120.21 Vested (333,239 ) 79.46 Canceled (8,414 ) 96.98 Nonvested June 30, 2015 876,171 $ 109.27

Financial Instruments (Tables)

Financial Instruments (Tables)	12 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Available-for-sale Securities [Table Text Block]	The amortized cost and fair value of available-for-sale investments at June 30, 2015 are as follows: Amortized Cost Gross Unrealized Gains Gross Fair Value Fixed income mutual funds $ 187,467 $ 101 $ 34 $ 187,534 Government bonds 60,543 12 43 60,512 Corporate bonds 146,202 2 487 145,717 Asset-backed and mortgage-backed securities 11,028 — 58 10,970
Investments Classified by Contractual Maturity Date [Table Text Block]	The contractual maturities of available-for-sale investments at June 30, 2015 are as follows: Amortized Cost Fair Value Less than one year $ 13,561 $ 13,555 One to three years 188,539 188,057 Over three years 15,673 15,587
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]	The carrying value of long-term debt (excluding capital leases) and estimated fair value of long-term debt (excluding capital leases) at June 30 are as follows: 2015 2014 Carrying value of long-term debt (excluding capital leases) $ 2,947,102 $ 1,508,420 Estimated fair value of long-term debt (excluding capital leases) 3,107,735 1,708,723
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The location and fair value of derivative financial instruments reported in the Consolidated Balance Sheet are as follows: Balance Sheet Caption 2015 2014 Net investment hedges Cross-currency swap contracts Other assets $ 17,994 $ — Cross-currency swap contracts Other liabilities — 45,790 Cash flow hedges Costless collar contracts Non-trade and notes receivable 5,627 3,508 Forward exchange contracts Non-trade and notes receivable (23 ) (41 ) Costless collar contracts Other accrued liabilities 1,970 378
Schedule of Derivative Instruments, Gain (Loss)	Gains (losses) on derivative financial instruments that were recorded in the Consolidated Statement of Income are as follows: 2015 2014 2013 Forward exchange contracts $ 59 $ (81 ) $ (1,821 ) Costless collar contracts (1,865 ) 7,052 502 Gains (losses) on derivative and non-derivative financial instruments that were recorded in accumulated other comprehensive (loss) in the Consolidated Balance Sheet are as follows: 2015 2014 Cross-currency swap contracts $ 39,406 $ (14,426 ) Foreign denominated debt 37,871 7,611
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	A summary of financial assets and liabilities that were measured at fair value on a recurring basis at June 30, 2015 and 2014 are as follows: June 30, 2015 Quoted Prices In Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Government bonds $ 60,512 $ 60,512 $ — $ — Corporate bonds 145,717 145,717 — — Asset-backed and mortgage-backed securities 10,970 — 10,970 — Derivatives 23,598 — 23,598 — Investments measured at net asset value 187,534 Liabilities: Derivatives 1,970 — 1,970 — June 30, 2014 Quoted Prices In Active Markets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Derivatives $ 3,467 $ — $ 3,467 $ — Liabilities: Derivatives 46,168 — 46,168 —

Quarterly Information (Unaudi43

Quarterly Information (Unaudited) (Tables)	12 Months Ended
	Jun. 30, 2015
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	2015 1st 2nd 3rd 4th Total Net sales $ 3,269,932 $ 3,134,993 $ 3,162,311 $ 3,144,508 $ 12,711,744 Gross profit 810,067 733,409 789,295 723,728 3,056,499 Net income attributable to common shareholders 280,089 267,252 285,345 179,454 1,012,140 Diluted earnings per share 1.85 1.80 2.02 1.27 6.97 2014 1st 2nd 3rd 4th Total Net sales $ 3,226,144 $ 3,106,006 $ 3,358,406 $ 3,525,415 $ 13,215,971 Gross profit 749,735 686,035 752,513 839,461 3,027,744 Net income attributable to common shareholders 244,316 253,288 242,406 301,038 1,041,048 Diluted earnings per share 1.61 1.66 1.60 1.98 6.87

Stock Prices and Dividends (U44

Stock Prices and Dividends (Unaudited) (Tables)	12 Months Ended
	Jun. 30, 2015
Stock Prices and Dividends [Abstract]
Stock Prices and Dividends Table Disclosure	(In dollars) 1st 2nd 3rd 4th Fiscal Year 2015 High $ 127.60 $ 133.41 $ 129.54 $ 125.33 $ 133.41 Low 105.91 99.82 115.86 115.65 99.82 Dividends 0.48 0.63 0.63 0.63 2.37 2014 High $ 110.21 $ 129.77 $ 129.40 $ 130.44 $ 130.44 Low 94.81 103.36 108.66 118.46 94.81 Dividends 0.45 0.45 0.48 0.48 1.86 2013 High $ 87.71 $ 87.04 $ 98.15 $ 101.88 $ 101.88 Low 70.42 75.80 86.51 84.50 70.42 Dividends 0.41 0.41 0.43 0.45 1.70

Business Segment Information (D

Business Segment Information (Detail) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
		Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Segment Reporting Information [Line Items]
Net sales		$ 3,144,508	$ 3,162,311	$ 3,134,993	$ 3,269,932	$ 3,525,415	$ 3,358,406	$ 3,106,006	$ 3,226,144	$ 12,711,744	$ 13,215,971	$ 13,015,704
Segment Operating Income										1,838,432	1,790,207	1,791,485
Corporate administration										215,396	181,926	185,767
Income before interest expense and other										1,623,036	1,608,281	1,605,718
Interest expense										118,406	82,566	91,552
Other expense (income)										72,390	(31,005)	203,165
Income before income taxes										1,432,240	1,556,720	1,311,001
Assets		12,295,037				13,274,362				12,295,037	13,274,362	12,540,898
Property Additions	[1]									215,527	216,340	340,335
Depreciation										202,776	214,965	213,722
Net Sales	[2]									$ 12,711,744	$ 13,215,971	$ 13,015,704
Long-Lived Assets										1,664,022	1,824,294	1,808,240
North America
Segment Reporting Information [Line Items]
Net Sales	[2]									$ 7,891,571	$ 7,853,603	$ 7,844,552
Long-Lived Assets										856,947	861,300	871,958
International
Segment Reporting Information [Line Items]
Net Sales	[2]									$ 4,820,173	$ 5,362,368	$ 5,171,152
Long-Lived Assets										807,075	962,994	936,282
Diversified Industrial
Segment Reporting Information [Line Items]
Assets		8,765,468				9,501,837				$ 8,765,468	$ 9,501,837	$ 9,388,027
Property Additions	[1]									190,580	189,832	312,392
Depreciation										174,102	187,347	187,014
Diversified Industrial | North America
Segment Reporting Information [Line Items]
Net sales										5,715,742	5,693,527	5,637,657
Segment Operating Income										955,501	946,493	908,719
Diversified Industrial | International
Segment Reporting Information [Line Items]
Net sales										4,741,376	5,287,916	5,110,332
Segment Operating Income										583,937	572,476	602,480
Aerospace Systems
Segment Reporting Information [Line Items]
Net sales										2,254,626	2,234,528	2,267,715
Segment Operating Income										298,994	271,238	280,286
Assets	[3]	1,375,913				1,359,130				1,375,913	1,359,130	1,139,967
Property Additions	[1]									18,427	23,261	20,838
Depreciation										19,509	19,193	19,498
Corporate
Segment Reporting Information [Line Items]
Assets	[4]	$ 2,153,656				$ 2,413,395				2,153,656	2,413,395	2,012,904
Property Additions	[1]									6,520	3,247	7,105
Depreciation										$ 9,165	$ 8,425	$ 7,210
[1]	Includes the value of net plant and equipment at the date of acquisition of acquired companies (2013 - $74,439)
[2]	Net sales are attributed to countries based on the location of the selling unit. North America includes the United States, Canada and Mexico. No country other than the United States represents greater than 10 percent of consolidated sales. Long-lived assets are comprised of plant and equipment based on physical location.
[3]	Includes an investment in a joint venture in which ownership is 50 percent or less and in which the Company does not have operating control (2015 - $251,365; 2014 - $263,246).
[4]	Corporate assets are principally cash and cash equivalents, marketable securities and other investments, domestic deferred income taxes, deferred compensation plan assets, headquarters facilities and the major portion of the Company’s domestic data processing equipment.

Business Segment Information -

Business Segment Information - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Segment Reporting Information [Line Items]
Equity Method Investments	$ 315,989	$ 324,610
Value of net plant and equipment at the date of acquisition of acquired companies	1,123	11,211	$ 74,439
Aerospace Systems
Segment Reporting Information [Line Items]
Equity Method Investments	$ 251,365	$ 263,246
Maximum
Segment Reporting Information [Line Items]
Equity Method Investment, Ownership Percentage	50.00%

Significant Accounting Polici47

Significant Accounting Policies Nature of operations (Details) - Jun. 30, 2015	Total
Sales level from major customers	4.00%
Diversified Industrial
Number of countries that the Industrial International operations provide Parker products and services to	47

Significant Accounting Polici48

Significant Accounting Policies Trade accounts receivable, net (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Trade Accounts Receivable, Net [Abstract]
Allowance for Doubtful Accounts Receivable, Current	$ 9,284	$ 16,040

Non-trade and notes receivable

Non-trade and notes receivable (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes Receivable, Current	$ 90,470	$ 117,400
Receivable under reverse repurchase agreement	113,558	54,772
Non-trade accounts receivable	160,506	216,265
Non-trade and notes receivable	$ 364,534	$ 388,437

Significant Accounting Polici50

Significant Accounting Policies Plant and equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Property, Plant and Equipment [Line Items]
Land and land improvements	$ 294,537	$ 326,008
Buildings and building equipment	1,457,650	1,535,634
Machinery and Equipment, Gross	3,017,011	3,210,172
Construction in Progress, Gross	93,413	80,777
Plant and equipment	$ 4,862,611	$ 5,152,591
Building [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	40 years
Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	15 years
Minimum | Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	7 years
Minimum | Vehicles and Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Maximum | Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	10 years
Maximum | Vehicles and Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	8 years

Significant Accounting Polici51

Significant Accounting Policies Investment and other assets (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Schedule of Equity Method Investments [Line Items]
Equity Method Investments	$ 315,989	$ 324,610
Maximum
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage	50.00%

Significant Accounting Polici52

Significant Accounting Policies Foreign currency translation (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Foreign Currency Translation [Abstract]
Exchange (gains) and losses from transactions in a currency other than the local currency of the entity	$ (77,784)	$ 5,398	$ 22,380

Acquisitions (Detail)

Acquisitions (Detail) - Series of Individually Immaterial Business Acquisitions [Member] $ in Millions	12 Months Ended
	Jun. 30, 2015USD ($)acquisition	Jun. 30, 2014USD ($)acquisition	Jun. 30, 2013USD ($)acquisition
Significant Acquisitions and Disposals [Line Items]
Aggregate annual sales for businesses acquired, for their most recent fiscal year prior to acquisition	$ 27	$ 14	$ 484
Payments to Acquire Businesses, Gross	$ 27	$ 19	621
Business Combination, Consideration Transferred, Liabilities Incurred			$ 114
Number of Businesses Acquired | acquisition	4	3	8

Initial Purchase Price Allocati

Initial Purchase Price Allocation and Subsequent Purchase Price Adjustments for Acquisitions (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Assets:
Accounts receivable	$ 7,656	$ 954	$ 91,668
Inventories	3,099	2,184	93,915
Prepaid expenses	91	57	4,672
Deferred income taxes	5	189	(1,713)
Plant and equipment	1,123	11,211	74,439
Intangible and other assets	7,794	5,646	280,001
Goodwill	10,430	3,195	317,879
Total	30,198	23,436	860,861
Liabilities and equity:
Notes payable			11,920
Accounts payable, trade	2,689	915	46,596
Accrued payrolls and other compensation	243	263	12,099
Accrued domestic and foreign taxes	777	1	7,073
Other accrued liabilities	5,267	3,864	16,805
Long-term debt			102,122
Pensions and other postretirement benefits			2,125
Deferred income taxes	2,604		39,214
Other liabilities		800	689
Noncontrolling interests	0	0	1,074
Total	11,580	5,843	239,717
Net assets acquired	$ 18,618	$ 17,593	$ 621,144

Acquisitions, Deconsolidation55

Acquisitions, Deconsolidation of Subsidiary and Divestitures Deconsolidation of subsidiary (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Deconsolidation of Subsidiary [Abstract]
Equity interest sold		50.00%
Net gain on deconsolidation	$ 0	$ 412,612	$ 0
Amount of gain attributable to the remeasurement of the retained investment in the former subsidiary to its current fair value.		$ 186,000

Acquisitions, Deconsolidation56

Acquisitions, Deconsolidation of Subsidiary and Divestitures Divestitures (Details) $ in Millions	12 Months Ended
	Jun. 30, 2013USD ($)
Business Divestitures [Member]
Significant Acquisitions and Disposals [Line Items]
Gain on Divestiture	$ 18

Business Realignment Charges (D

Business Realignment Charges (Detail) $ in Thousands	12 Months Ended
	Jun. 30, 2015USD ($)employee	Jun. 30, 2014USD ($)employee	Jun. 30, 2013USD ($)employee
Cost of Sales
Restructuring Cost and Reserve [Line Items]
Charges related to business realignment	$ 19,419	$ 63,575	$ 8,354
Selling, General and Administrative Expenses
Restructuring Cost and Reserve [Line Items]
Charges related to business realignment	12,888	38,874	3,880
Loss (Gain) on Disposal of Assets
Restructuring Cost and Reserve [Line Items]
Charges related to business realignment	2,399	1,331	1,918
Employee Severance
Restructuring Cost and Reserve [Line Items]
Severance payments relating to charges incurred during the current fiscal year	17,000
Remaining severance payments related to current-year and prior-year actions	34,000
Diversified Industrial
Restructuring Cost and Reserve [Line Items]
Charges related to business realignment	$ 30,882	$ 101,524	$ 12,234
Work force reduction | employee	668	1,581	725
Aerospace Systems
Restructuring Cost and Reserve [Line Items]
Charges related to business realignment	$ 967	$ 925	$ 0
Work force reduction | employee	21	44	0
Corporate
Restructuring Cost and Reserve [Line Items]
Charges related to business realignment	$ 458
Work force reduction | employee	18
Other Expense
Restructuring Cost and Reserve [Line Items]
Charges related to business realignment	$ 2,399	$ 1,331	$ 1,918
Work force reduction | employee			98

Income Before Income Taxes Deri

Income Before Income Taxes Derived from Sources (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Income Tax Disclosure [Abstract]
United States	$ 779,782	$ 1,115,010	$ 653,622
Foreign	652,458	441,710	657,379
Income before income taxes	$ 1,432,240	$ 1,556,720	$ 1,311,001

Income Taxes (Detail)

Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Income Tax Disclosure [Abstract]
Current	$ 185,761	$ 377,404	$ 167,350
Deferred	28,108	(45,643)	26,523
Current	189,826	168,177	176,739
Deferred	(11,208)	(28,016)	(28,472)
Current	25,235	43,860	19,496
Deferred	1,965	(480)	581
Income taxes	$ 419,687	$ 515,302	$ 362,217

Reconciliation of Effective Inc

Reconciliation of Effective Income Tax Rate to the Statutory Federal Rate (Detail)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Income Tax Disclosure [Abstract]
Statutory Federal income tax rate	35.00%	35.00%	35.00%
State and local income taxes	1.10%	1.80%	1.00%
Goodwill and intangible asset impairment	0.00%	4.50%	0.00%
Tax related to international activities	(4.50%)	(5.60%)	(5.80%)
Cash surrender of life insurance	(0.10%)	(0.90%)	(0.70%)
Federal manufacturing deduction	(1.60%)	(1.00%)	(1.00%)
Research tax credit	(0.80%)	(0.30%)	(1.10%)
Other	0.20%	(0.40%)	0.20%
Effective income tax rate	29.30%	33.10%	27.60%

Deferred Income Taxes (Detail)

Deferred Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Income Tax Disclosure [Abstract]
Retirement benefits	$ 614,127	$ 550,034
Other liabilities and reserves	127,838	128,848
Long-term contracts	49,929	46,006
Stock-based incentive compensation	66,015	64,267
Loss carryforwards	316,994	340,676
Unrealized currency exchange gains	(17,218)
Unrealized currency exchange losses		25,182
Inventory	16,659	18,668
Foreign tax credit carryforward	29,965	51,875
Depreciation and amortization	(531,258)	(571,107)
Valuation allowance	(330,006)	(348,837)
Net deferred tax asset	343,045	305,612
Change in net deferred tax asset:
Provision for deferred tax	(18,865)	74,139	$ 1,368
Items of other comprehensive (loss) income	57,523	(49,882)
Acquisitions and other	(1,225)	6,539
Total change in net deferred tax	$ 37,433	$ 30,796

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Income Tax Disclosure [Abstract]
Deferred tax assets resulting from loss carryforwards	$ 316,994	$ 340,676
Loss carryforwards	1,112,078
Valuation allowance related to the loss carryforwards	305,825
Amount of valuation allowance relating to non-operating entity whose loss carryforward utilization is considered to be remote	$ 279,850
Operating loss carryforward minimum period before expiration	3 years
Operating loss carryforward maximum period before expiration	20 years
Valuation allowance related to future deductible items	$ 24,181
Accumulated undistributed earnings reinvested in international operations	3,000,000
Amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate	83,471	71,898	$ 60,876
Accrued interest related to the gross unrecognized tax benefits excluded from the unrecognized tax benefits	9,514	$ 8,198	$ 5,184
Amount of gross unrecognized tax benefits could be reduced by as a result of the revaluation of existing uncertain tax positions	$ 100,000

Reconciliation of the Beginning

Reconciliation of the Beginning and Ending Amount of Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Income Tax Disclosure [Abstract]
Beginning Balance	$ 164,813	$ 107,440	$ 109,735
Additions for tax positions related to current year	6,090	7,752	10,285
Additions for tax positions of prior years	14,989	55,136	10,719
Reductions for tax positions of prior years	(6,945)	(1,359)	(20,683)
Reductions for settlements	0	(1,856)	(4,266)
Reductions for expiration of statute of limitations	(6,251)	(5,005)	(437)
Effect of foreign currency translation - decrease	(27,008)
Effect of foreign currency translation - increase		2,705	2,087
Ending Balance	$ 145,688	$ 164,813	$ 107,440

Computation of Earnings Per Sha

Computation of Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Numerator:
Net income attributable to common shareholders									$ 1,012,140	$ 1,041,048	$ 948,427
Denominator:
Basic - weighted-average common shares									142,925,327	149,099,448	149,218,257
Increase in weighted-average common shares from dilutive effect of stock-based awards									2,186,823	2,344,655	2,369,774
Diluted - weighted-average common shares, assuming exercise of stock-based awards									145,112,150	151,444,103	151,588,031
Basic earnings per share									$ 7.08	$ 6.98	$ 6.36
Diluted earnings per share	$ 1.27	$ 2.02	$ 1.80	$ 1.85	$ 1.98	$ 1.60	$ 1.66	$ 1.61	$ 6.97	$ 6.87	$ 6.26

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares shares in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Earnings Per Share [Abstract]
Number of common shares subject to stock-based awards that were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive	1.1	1.2	1.3

Inventories (Detail)

Inventories (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Inventory Disclosure [Abstract]
Percentage of LIFO (last in first out) inventory to total inventory	32.00%	30.00%
Current cost of inventories exceeds their valuation determined on the LIFO basis, amount	$ 206,233	$ 208,291
Progress payments netted against inventories	34,820	61,958
Inventory, Net [Abstract]
Finished products	526,708	532,968
Work in process	688,727	732,294
Raw materials	85,024	106,419
Total	$ 1,300,459	$ 1,371,681

Changes in the Carrying Amount

Changes in the Carrying Amount of Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Goodwill [Line Items]
Beginning Balance	$ 3,171,425	$ 3,223,515
Acquisitions	10,430	3,195
Impairment		(140,334)
Divestitures	(4,757)
Foreign currency translation and other	(234,419)	85,049
Ending Balance	2,942,679	3,171,425
Diversified Industrial
Goodwill [Line Items]
Beginning Balance	3,072,724	3,125,175
Acquisitions	10,430	3,195
Impairment		(140,334)
Divestitures	(4,757)
Foreign currency translation and other	(234,352)	84,688
Ending Balance	2,844,045	3,072,724
Aerospace Systems
Goodwill [Line Items]
Beginning Balance	98,701	98,340
Acquisitions	0	0
Impairment		0
Divestitures	0
Foreign currency translation and other	(67)	361
Ending Balance	$ 98,634	$ 98,701

Gross Carrying Value and Accumu

Gross Carrying Value and Accumulated Amortization for Each Major Category of Intangible Assets (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 1,873,554	$ 2,032,858
Accumulated Amortization	860,115	844,576
Patents
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	149,066	160,030
Accumulated Amortization	88,540	86,708
Trademarks
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	355,108	391,268
Accumulated Amortization	172,187	174,114
Customer lists and other
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,369,380	1,481,560
Accumulated Amortization	$ 599,388	$ 583,754

Acquired Intangible Assets with

Acquired Intangible Assets with an Initial Purchase Price Allocation and Weighted-Average Life (Detail) - Jun. 30, 2015 - USD ($) $ in Thousands	Total
Acquired Finite-Lived Intangible Assets [Line Items]
Purchase Price Allocation	$ 15,532
Weighted- Average Life	15 years
Patents
Acquired Finite-Lived Intangible Assets [Line Items]
Purchase Price Allocation	$ 2,642
Weighted- Average Life	12 years
Trademarks
Acquired Finite-Lived Intangible Assets [Line Items]
Purchase Price Allocation	$ 1,093
Weighted- Average Life	14 years
Customer lists and other
Acquired Finite-Lived Intangible Assets [Line Items]
Purchase Price Allocation	$ 11,797
Weighted- Average Life	16 years

Goodwill and Intangible Asset70

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill impairment charge		$ 140,334
Intangible amortization expense	$ 109,887	118,782	$ 118,516
Estimated amortization expense, year ending June 30, 2016	100,289
Estimated amortization expense, year ending June 30, 2017	95,756
Estimated amortization expense, year ending June 30, 2018	90,872
Estimated amortization expense, year ending June 30, 2019	83,257
Estimated amortization expense, year ending June 30, 2020	$ 75,588
Intangible asset impairment charge		$ 43,664

Financing Arrangements (Detail)

Financing Arrangements (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Debt Instrument [Line Items]
Commercial Paper	$ 0	$ 816,100
Commercial Paper
Debt Instrument [Line Items]
Amount of short-term commercial paper notes authorized to sell	$ 1,850,000
Maximum
Debt Instrument [Line Items]
Ratio of Secured Debt to Net Tangible Assets	10.00%
Domestic Line of Credit
Debt Instrument [Line Items]
Line of credit	$ 2,000,000
Foreign Line of Credit
Debt Instrument [Line Items]
Line of credit	62,548
Line of credit outstanding	$ 0
Weighted-average interest rate of notes payable	0.20%

Schedule of Debt Instruments (D

Schedule of Debt Instruments (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Debt Instrument [Line Items]
Long-term debt	$ 2,947,102	$ 1,508,420
Total long-term debt	2,947,102	1,508,638
Less long-term debt payable within one year	223,142	496
Long-term debt, net	2,723,960	1,508,142
Other long-term debt, including capitalized leases
Debt Instrument [Line Items]
Long-term debt	0	236
Domestic | Fixed rate medium-term notes 3.30% to 6.55%, due 2018-2044
Debt Instrument [Line Items]
Long-term debt	2,675,000	1,175,000
Foreign | Bank loans, including revolving credit 1% to 11.75%, due 2016
Debt Instrument [Line Items]
Long-term debt	322	322
Foreign | Euro Bonds 4.125%, due 2016
Debt Instrument [Line Items]
Long-term debt	222,820	273,860
Foreign | Japanese Yen credit facility Libor plus 55 bps, due 2017
Debt Instrument [Line Items]
Long-term debt	$ 48,960	$ 59,220

Debt Long-term debt payable in

Debt Long-term debt payable in the next five years (Details) $ in Thousands	Jun. 30, 2015USD ($)
Long-term debt payable in the next five years [Abstract]
Long-term debt payable in 2016	$ 223,142
Long-term debt payable in 2017	48,960
Long-term debt payable in 2018	450,000
Long-term debt payable in 2019	100,000
Long-term debt payable in 2020	$ 0

Debt - Additional Information (

Debt - Additional Information (Detail) - Jun. 30, 2015 - Long-term Debt, Type [Domain] - USD ($) $ in Thousands	Total
Debt Instrument [Line Items]
Debt Issuance Cost	$ 15,018
Ten-Year Medium Term Notes [Member]
Debt Instrument [Line Items]
Long-term debt issued	$ 500,000
Interest rate	3.30%
Twenty-Year Medium Term Notes [Member]
Debt Instrument [Line Items]
Long-term debt issued	$ 500,000
Interest rate	4.20%
Thirty-Year Medium Term Notes [Member]
Debt Instrument [Line Items]
Long-term debt issued	$ 500,000
Interest rate	4.45%

Debt Lease Commitments (Details

Debt Lease Commitments (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Lease Commitments [Abstract]
Future minimum rental commitments due in 2016	$ 76,433
Future minimum rental commitments due in 2017	53,066
Future minimum rental commitments due in 2018	32,781
Future minimum rental commitments due in 2019	17,935
Future minimum rental commitments due in 2020	12,976
Future minimum rental commitments due after 2020	42,851
Operating Leases, Rent Expense, Net [Abstract]
Rental expense	$ 125,657	$ 131,948	$ 133,478

Debt Debt table phantom (Detail

Debt Debt table phantom (Details)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Ten-Year Medium Term Notes [Member]
Debt Instrument [Line Items]
Interest rate	3.30%
Debt Instrument Maturity Period	2024-11
Twenty-Year Medium Term Notes [Member]
Debt Instrument [Line Items]
Interest rate	4.20%
Debt Instrument Maturity Period	2034-11
Thirty-Year Medium Term Notes [Member]
Debt Instrument [Line Items]
Interest rate	4.45%
Debt Instrument Maturity Period	2044-11
Domestic | Fixed rate medium-term notes 3.30% to 6.55%, due 2018-2044
Debt Instrument [Line Items]
Interest rate, minimum	3.30%	3.50%
Interest rate, maximum	6.55%	6.55%
Foreign | Bank loans, including revolving credit 1% to 11.75%, due 2016
Debt Instrument [Line Items]
Interest rate, minimum	1.00%	1.00%
Interest rate, maximum	11.75%	11.75%
Foreign | Euro Bonds 4.125%, due 2016
Debt Instrument [Line Items]
Interest rate	4.125%	4.125%
Foreign | Japanese Yen credit facility Libor plus 55 bps, due 2017
Debt Instrument [Line Items]
Basis spread on variable rate	0.55%	0.55%

Net Periodic Pension Cost Recog

Net Periodic Pension Cost Recognized (Detail) - Pension Plans, Defined Benefit - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 97,960	$ 99,929	$ 107,519
Interest cost	176,556	190,999	174,152
Special termination cost	21,174	0	0
Expected return on plan assets	(218,938)	(226,884)	(211,694)
Amortization of prior service cost	9,437	14,644	14,472
Amortization of unrecognized actuarial loss	152,664	159,584	200,849
Amortization of initial net obligation	17	19	22
Net periodic benefit cost	$ 238,870	$ 238,291	$ 285,320

Summary of Defined Benefit Pens

Summary of Defined Benefit Pension Plans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	$ 3,499,274
Fair value of plan assets at end of year	3,238,307	$ 3,499,274
Amounts recognized on the Consolidated Balance Sheet
Pensions and other postretirement benefits	(1,699,197)	(1,346,224)
Pension Plans, Defined Benefit
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of year	4,749,447	4,382,563
Service cost	97,960	99,929	$ 107,519
Interest cost	176,556	190,999	174,152
Special termination cost	21,174	0	0
Actuarial loss	237,896	277,098
Benefits paid	(261,473)	(286,066)
Plan amendments	3,033	(3,503)
Foreign currency translation and other	(156,890)	88,427
Benefit obligation at end of year	4,867,703	4,749,447	4,382,563
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	3,499,274	3,096,616
Actual gain on plan assets	51,514	469,984
Employer contributions	62,852	146,237
Benefits paid	(261,473)	(286,066)
Foreign currency translation and other	(113,860)	72,503
Fair value of plan assets at end of year	3,238,307	3,499,274	$ 3,096,616
Funded status	(1,629,396)	(1,250,173)
Amounts recognized on the Consolidated Balance Sheet
Other accrued liabilities	(31,206)	(11,333)
Pensions and other postretirement benefits	(1,598,190)	(1,238,840)
Net amount recognized	(1,629,396)	(1,250,173)
Amounts recognized in Accumulated Other Comprehensive (Loss)
Net actuarial loss	1,639,010	1,434,645
Prior service cost	32,126	37,137
Transition obligation	103	143
Net amount recognized	$ 1,671,239	$ 1,471,925

Retirement Benefits - Additiona

Retirement Benefits - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Pension Plans, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Special termination cost	$ 21,174	$ 0	$ 0
Defined Benefit Plan, Amount to be Amortized from Accumulated Other Comprehensive Income (Loss) Next Fiscal Year [Abstract]
Estimated amount of net actuarial loss that will be amortized from accumulated other comprehensive (loss) income into net periodic benefit pension cost	166,683
Estimated amount of net actuarial loss that will be amortized from accumulated other comprehensive (loss) income into net periodic benefit pension cost	7,176
Estimated amount of transition asset that will be amortized from accumulated other comprehensive (loss) income into net periodic benefit pension cost	16
Accumulated benefit obligation for all defined benefit plans	4,451,047	4,258,743
Defined Benefit Plan, Plans with Benefit Obligations in Excess of Plan Assets [Abstract]
Projected benefit obligation for pension plans with accumulated benefit obligations in excess of plan assets	4,761,438	4,691,350
Accumulated benefit obligation for pension plans with accumulated benefit obligations in excess of plan assets	4,352,369	4,206,557
Fair value of plan assets for pension plans with accumulated benefit obligations in excess of plan assets	3,129,803	3,443,515
Projected benefit obligation for pension plans with projected benefit obligations in excess of plan assets	4,821,675	4,709,493
Fair value of plan assets for pension plans with projected benefit obligations in excess of plan assets	3,188,293	3,459,097
Expected cash contributions to defined benefit pension plans in 2012	278,000
Defined Benefit Plan, Expected Future Benefit Payments, Fiscal Year Maturity [Abstract]
Estimated future benefit payments in the year ending June 30, 2016	225,953
Estimated future benefit payments in the year ending June 30, 2017	244,912
Estimated future benefit payments in the year ending June 30, 2018	209,742
Estimated future benefit payments in the year ending June 30, 2019	241,699
Estimated future benefit payments in the year ending June 30, 2020	258,332
Estimated future benefit payments in the aggregate for the five years ending June 30, 2021 through June 30, 2025	1,325,348
Domestic Defined Benefit Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Lump-sum distribution	81,496	$ 110,000
Other Postretirement Benefit Plans, Defined Benefit
Defined Benefit Plan, Amount to be Amortized from Accumulated Other Comprehensive Income (Loss) Next Fiscal Year [Abstract]
Estimated amount of net actuarial loss that will be amortized from accumulated other comprehensive (loss) income into net periodic benefit pension cost	1,128
Estimated amount of net actuarial loss that will be amortized from accumulated other comprehensive (loss) income into net periodic benefit pension cost	(121)
Defined Benefit Plan, Expected Future Benefit Payments, Fiscal Year Maturity [Abstract]
Estimated future benefit payments in the year ending June 30, 2016	5,644
Estimated future benefit payments in the year ending June 30, 2017	5,770
Estimated future benefit payments in the year ending June 30, 2018	5,751
Estimated future benefit payments in the year ending June 30, 2019	5,598
Estimated future benefit payments in the year ending June 30, 2020	5,176
Estimated future benefit payments in the aggregate for the five years ending June 30, 2021 through June 30, 2025	$ 22,449

Assumptions Used to Measure Net

Assumptions Used to Measure Net Periodic Benefit Cost (Detail)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Domestic Defined Benefit Plan
Schedule of Net Periodic Benefit Costs Weighted Average Assumptions [Line Items]
Discount rate used to measure net periodic benefit cost	4.05%	4.52%	3.91%
Average increase in compensation	5.12%	5.13%	5.21%
Expected return on plan assets	7.50%	8.00%	8.00%
Minimum | Non-U.S. defined benefit plans
Schedule of Net Periodic Benefit Costs Weighted Average Assumptions [Line Items]
Discount rate used to measure net periodic benefit cost	0.90%	1.50%	1.75%
Average increase in compensation	2.00%	2.00%	2.00%
Expected return on plan assets	1.00%	1.00%	1.00%
Maximum | Non-U.S. defined benefit plans
Schedule of Net Periodic Benefit Costs Weighted Average Assumptions [Line Items]
Discount rate used to measure net periodic benefit cost	5.50%	4.59%	4.70%
Average increase in compensation	5.50%	6.00%	6.00%
Expected return on plan assets	6.25%	6.25%	6.40%

Assumptions Used to Measure Ben

Assumptions Used to Measure Benefit Obligations (Detail)	Jun. 30, 2015	Jun. 30, 2014
Domestic Defined Benefit Plan
Schedule of Benefit Obligations Weighted Average Assumptions [Line Items]
Discount rate used to measure benefit obligation	4.19%	4.05%
Average increase in compensation	5.14%	5.12%
Minimum | Non-U.S. defined benefit plans
Schedule of Benefit Obligations Weighted Average Assumptions [Line Items]
Discount rate used to measure benefit obligation	0.70%	0.90%
Average increase in compensation	2.00%	2.00%
Maximum | Non-U.S. defined benefit plans
Schedule of Benefit Obligations Weighted Average Assumptions [Line Items]
Discount rate used to measure benefit obligation	6.00%	4.20%
Average increase in compensation	5.50%	5.00%

Weighted-Average Allocation of

Weighted-Average Allocation of the Majority of the Assets Related to Defined Benefit Plans (Detail)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Actual Plan Asset Allocations	100.00%	100.00%
Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Actual Plan Asset Allocations	41.00%	42.00%
Defined Benefit Plan, Target Plan Asset Allocations	41.00%
Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Actual Plan Asset Allocations	47.00%	48.00%
Defined Benefit Plan, Target Plan Asset Allocations	47.00%
Other investments [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Actual Plan Asset Allocations	12.00%	10.00%
Defined Benefit Plan, Target Plan Asset Allocations	12.00%
Domestic Defined Benefit Plan
Defined Benefit Plan Disclosure [Line Items]
Percent of assets held in the U.S. defined benefit plan	71.00%

Fair Values of Pension Plan Ass

Fair Values of Pension Plan Assets by Asset Class (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	$ 3,238,307	$ 3,499,274
Cash and cash equivalents
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	75,015	46,297
Equity Securities [Member] | US Based Companies
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	299,321	346,145
Equity Securities [Member] | Non US Based Companies
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	203,199	220,911
Fixed income securities | Corporate Bond Securities
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	165,226	234,719
Fixed income securities | Government issued securities
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	143,697	161,131
Mutual funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	5,564
Mutual funds | Equity funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	149,383	191,301
Mutual funds | Fixed income funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	135,949	189,375
Common/Collective trusts
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	$ 1,635,135
Investments valued using a net asset value per share, redemption frequency	daily
Investments valued using a net asset value per share, redemption notice period	30 days
Common/Collective trusts | Equity funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	$ 77,429	85,461
Common/Collective trusts | Fixed income funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	46,184	48,649
Limited Partnership
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	$ 290,904	777
Investments valued using a net asset value per share, redemption frequency	daily
Investments valued using a net asset value per share, redemption notice period	30 days
Miscellaneous
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	$ 11,301	20,701
Quoted Prices In Active Markets (Level 1)
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	1,154,489	1,330,905
Quoted Prices In Active Markets (Level 1) | Cash and cash equivalents
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	75,015	45,976
Quoted Prices In Active Markets (Level 1) | Equity Securities [Member] | US Based Companies
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	299,321	346,145
Quoted Prices In Active Markets (Level 1) | Equity Securities [Member] | Non US Based Companies
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	203,199	220,911
Quoted Prices In Active Markets (Level 1) | Fixed income securities | Corporate Bond Securities
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	77,224	101,227
Quoted Prices In Active Markets (Level 1) | Fixed income securities | Government issued securities
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	90,785	101,083
Quoted Prices In Active Markets (Level 1) | Mutual funds | Equity funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	149,383	191,301
Quoted Prices In Active Markets (Level 1) | Mutual funds | Fixed income funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	135,949	189,375
Quoted Prices In Active Markets (Level 1) | Common/Collective trusts | Equity funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	77,429	85,461
Quoted Prices In Active Markets (Level 1) | Common/Collective trusts | Fixed income funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	46,184	48,649
Quoted Prices In Active Markets (Level 1) | Limited Partnership
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets		777
Quoted Prices In Active Markets (Level 1) | Miscellaneous
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	0
Significant Other Observable Inputs (Level 2)
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	152,215	214,562
Significant Other Observable Inputs (Level 2) | Cash and cash equivalents
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets		321
Significant Other Observable Inputs (Level 2) | Fixed income securities | Corporate Bond Securities
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	88,002	133,492
Significant Other Observable Inputs (Level 2) | Fixed income securities | Government issued securities
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	52,912	60,048
Significant Other Observable Inputs (Level 2) | Mutual funds | Equity funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	0
Significant Other Observable Inputs (Level 2) | Mutual funds | Fixed income funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	0
Significant Other Observable Inputs (Level 2) | Common/Collective trusts | Equity funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	0
Significant Other Observable Inputs (Level 2) | Common/Collective trusts | Fixed income funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	0
Significant Other Observable Inputs (Level 2) | Limited Partnership
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets		0
Significant Other Observable Inputs (Level 2) | Miscellaneous
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	11,301	20,701
Significant Unobservable Inputs (Level 3)
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	0
Significant Unobservable Inputs (Level 3) | Fixed income securities | Corporate Bond Securities
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	0
Significant Unobservable Inputs (Level 3) | Fixed income securities | Government issued securities
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	0
Significant Unobservable Inputs (Level 3) | Mutual funds | Equity funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	0
Significant Unobservable Inputs (Level 3) | Mutual funds | Fixed income funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	0
Significant Unobservable Inputs (Level 3) | Common/Collective trusts | Equity funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	0
Significant Unobservable Inputs (Level 3) | Common/Collective trusts | Fixed income funds
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	0
Significant Unobservable Inputs (Level 3) | Limited Partnership
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets		0
Significant Unobservable Inputs (Level 3) | Miscellaneous
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Pension plan assets	0
Pension Plans, Defined Benefit
Schedule of Pension and Other Postretirment Plan Assets by Fair Value [Line Items]
Company stock included in U.S. based company equity securities	154,660	167,157
Pension plan assets	$ 3,238,307	$ 3,499,274	$ 3,096,616

Employee Stock Ownership Plan (

Employee Stock Ownership Plan (ESOP) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Shares held by ESOP	8,407,858	8,944,697	9,686,238
Company contributions to ESOP	$ 63,914	$ 63,441	$ 61,067
Number of Shares Invested By Employees In Company Stock	2,408,854
RIA expense	$ 29,570	$ 25,247	$ 22,046
Maximum
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Maximum percentage of employer 401K matching contribution	4.00%

Summary of Other Postretirement

Summary of Other Postretirement Benefit Plans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Amounts recognized on the Consolidated Balance Sheet
Pensions and other postretirement benefits	$ (1,699,197)	$ (1,346,224)
Other Postretirement Benefit Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Expense related to other postretirement benefits	4,340	4,478	$ 4,930
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of year	76,207	75,544
Service cost	632	623
Interest cost	2,723	2,971
Actuarial (gain) loss	655	1,963
Benefits paid	(4,264)	(4,894)
Benefit obligation at end of year	75,953	76,207	$ 75,544
Funded status	(75,953)	(76,207)
Amounts recognized on the Consolidated Balance Sheet
Other accrued liabilities	(5,629)	(5,874)
Pensions and other postretirement benefits	(70,324)	(70,333)
Net amount recognized	(75,953)	(76,207)
Amounts recognized in Accumulated Other Comprehensive (Loss)
Net actuarial loss	13,626	14,074
Prior service (credit)	(676)	(797)
Net amount recognized	12,950	$ 13,277
Defined Benefit Plan, Amount to be Amortized from Accumulated Other Comprehensive Income (Loss) Next Fiscal Year [Abstract]
Estimated amount of net actuarial loss that will be amortized from accumulated other comprehensive (loss) income into net periodic benefit pension cost	1,128
Estimated amount of net actuarial loss that will be amortized from accumulated other comprehensive (loss) income into net periodic benefit pension cost	$ (121)

Assumptions Used to Measure N86

Assumptions Used to Measure Net Periodic Benefit Cost for Postretirement Benefit Obligations (Detail) - Other Postretirement Benefit Plans, Defined Benefit - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Schedule of Net Periodic Benefit Costs Weighted Average Assumptions [Line Items]
Discount rate used to measure net periodic benefit cost	3.74%	4.10%	3.62%
Current medical cost trend rate	7.75%	7.75%	8.00%
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract]
Discount rate used to measure benefit obligation	3.96%	3.74%
Defined Benefit Plan, Expected Future Benefit Payments, Fiscal Year Maturity [Abstract]
Estimated future benefit payments in the year ending June 30, 2016	$ 5,644
Estimated future benefit payments in the year ending June 30, 2017	5,770
Estimated future benefit payments in the year ending June 30, 2018	5,751
Estimated future benefit payments in the year ending June 30, 2019	5,598
Estimated future benefit payments in the year ending June 30, 2020	5,176
Estimated future benefit payments in the aggregate for the five years ending June 30, 2021 through June 30, 2025	$ 22,449
Defined benefit plan, participant age range, Pre-65 [Member]
Schedule of Net Periodic Benefit Costs Weighted Average Assumptions [Line Items]
Ultimate medical cost trend rate	5.60%	5.00%	5.00%
Medical cost trend rate decreases to ultimate in year	2,041	2,021	2,019
Defined benefit plan, participant age range, Post-65 [Member] [Member]
Schedule of Net Periodic Benefit Costs Weighted Average Assumptions [Line Items]
Ultimate medical cost trend rate	6.20%	5.00%	5.00%
Medical cost trend rate decreases to ultimate in year	2,045	2,021	2,019

Retirement Benefits Other - Non

Retirement Benefits Other - Nonqualified Deferred Compensation (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Other - Nonqualified deferred compensation [Abstract]
Deferred compensation expense	$ 5,676	$ 24,549	$ 19,182

Equity - Balance of Accumulated

Equity - Balance of Accumulated Other Comprehensive (Loss) in Shareholders' Equity (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	$ (1,738,618)	$ (823,498)	$ (1,107,833)
Other comprehensive income before reclassifications	(1,022,637)	172,312
Amounts reclassified from accumulated other comprehensive (loss)	107,517	112,023
Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	(640,487)	124,620	(68,328)
Other comprehensive income before reclassifications	(765,107)	192,948
Amounts reclassified from accumulated other comprehensive (loss)	0	0
Retirement Benefit Plans
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	(1,097,600)	(947,890)	(1,039,072)
Other comprehensive income before reclassifications	(253,206)	(20,636)
Amounts reclassified from accumulated other comprehensive (loss)	103,496	111,818
Other
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax	(531)	(228)	$ (433)
Other comprehensive income before reclassifications	(4,324)	0
Amounts reclassified from accumulated other comprehensive (loss)	$ 4,021	$ 205

Equity Reclassifications out of

Equity Reclassifications out of accumulated other comprehensive (loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Other Comprehensive Income (Loss), before Tax [Abstract]
Amortization of prior service cost and initial net obligation	$ (9,333)	$ (14,535)
Recognized actuarial loss	(153,770)	(160,596)
Total before tax	(163,103)	(175,131)
Realized loss on cash flow hedge	(305)	306
Realized gain (loss) on available-for-sale investments	(3,817)
Total before tax	4,122
Other Comprehensive Income (Loss), Tax [Abstract]
Tax benefit, retirement benefit plans	59,607	63,313
Tax benefit, other	101
Tax benefit, realized loss on cash flow hedge		101
Other Comprehensive Income (Loss), Net of Tax [Abstract]
Net of tax, retirement benefit plans	(103,496)	(111,818)
Net of tax, other	$ 4,021
Net of tax, realized loss on cash flow hedge		$ 205

Equity - Share Repurchase Progr

Equity - Share Repurchase Program (Detail) - $ / shares	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013	Jan. 24, 2013
Equity, Class of Treasury Stock [Line Items]
Shares repurchased	11,091,759	1,741,143	3,006,005
Average price per share	$ 125.64	$ 114.87	$ 85.55
Maximum
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased				35,000,000

Stock Incentive Plans - Additio

Stock Incentive Plans - Additional Information (Detail) - Jun. 30, 2015 - shares	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares reserved for issuance in connection with its stock incentive plans	6,000,000
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options and SARs exercisable period after the date of grant (in years)	3 years
Minimum | Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Purchase price of common stock under stock options	100.00%
Stock options and SARs exercisable period after the date of grant (in years)	1 year
Maximum | Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options and SARs exercisable period after the date of grant (in years)	3 years
Stock options and SARs expiration period (in years)	10 years
Omnibus Stock Incentive Plan 2009
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate number of shares authorized for issuance under stock incentive plan	14,700,000

Fair Value of Stock Option and

Fair Value of Stock Option and SAR Award Weighted-Average Assumptions (Detail) - $ / shares	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Risk-free interest rate	2.00%	1.55%	0.80%
Expected life of award (in years)	5 years 4 months 24 days	5 years 1 month 6 days	4 years 10 months 24 days
Expected dividend yield of stock	1.80%	1.90%	1.70%
Expected volatility of stock	32.30%	39.10%	39.00%
Weighted-average fair value	$ 30.50	$ 32.57	$ 24.76

Stock Option and SAR Activity (

Stock Option and SAR Activity (Detail) - Jun. 30, 2015 - USD ($) $ / shares in Units, $ in Millions	Total
Number of Shares
Outstanding June 30, 2014 (in shares)	8,208,699
Granted (in shares)	1,128,279
Exercised (in shares)	(1,159,101)
Canceled (in shares)	(43,671)
Outstanding June 30, 2015 (in shares)	8,134,206
Exercisable June 30, 2015 (in shares)	5,824,117
Weighted-Average Exercise Price
Outstanding June 30, 2014	$ 72.87
Granted	113.92
Exercised	62.82
Canceled	101.10
Outstanding June 30, 2015	79.84
Exercisable June 30, 2015	$ 69.43
Weighted Average Remaining Contractual Term and Aggregate Intrinsic Value
Outstanding June 30, 2015 (in years)	5 years 2 months 12 days
Exercisable June 30, 2015 (in years)	4 years
Outstanding June 30, 2015	$ 298
Exercisable June 30, 2015	$ 273.9

Summary of the Status and Chang

Summary of the Status and Changes of Shares Subject to Stock Option and SAR Awards and the Related Average Price Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares [Roll Forward]
Nonvested June 30, 2014 (in shares)	2,484,971
Granted (in shares)	1,128,279
Vested (in shares)	(1,264,918)
Canceled (in shares)	(38,243)
Nonvested June 30, 2015 (in shares)	2,310,089	2,484,971
Weighted-Average Grant Date Fair Value
Nonvested June 30, 2014	$ 28.89
Granted	30.50	$ 32.57	$ 24.76
Vested	26.93
Canceled	31
Nonvested June 30, 2015	$ 30.71	$ 28.89
Employee Stock Option
Stock Options and SARs - Additional Information
Expense for nonvested stock-based awards has yet to be recognized	$ 19,061
Expense for nonvested stock-based awards has yet to be recognized, amortized over a weighted-average period (in months)	20 months
Total fair value of shares vested	$ 34,064	$ 42,363	$ 29,777

Information Related to Stock Op

Information Related to Stock Options and SAR Awards Exercised (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Net cash proceeds	$ 3,355	$ 8,013	$ 32,204
Intrinsic value	72,140	155,903	208,426
Income tax benefit	17,355	37,993	47,659
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Stock-based compensation expense	$ 34,617	$ 49,998	$ 33,018
Shares surrendered upon exercise of stock	243,799	775,163	1,947,148

Summary of the Status and Cha96

Summary of the Status and Changes of Shares Subject to RSU Awards and the Related Average Price Per Share (Detail) - Restricted Stock Units (RSUs) [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
RSU graded vesting period	3 years
Number of Shares
Nonvested June 30, 2014 (in shares)	471,530
Granted (in shares)	211,088
Vested (in shares)	(213,986)
Canceled (in shares)	(19,344)
Nonvested June 30, 2015 (in shares)	449,288	471,530
Weighted-Average Grant Date Fair Value
Nonvested June 30, 2014	$ 94.59
Granted	113.02
Vested	88.57
Canceled	105.91
Nonvested June 30, 2015	$ 105.63	$ 94.59
RSUs - Additional Disclosures
Stock-based compensation expense	$ 22,547	$ 21,475	$ 17,852
Total fair value of shares vested	18,953	18,007	12,488
Expense for nonvested stock-based awards has yet to be recognized	$ 18,395
Expense for nonvested stock-based awards has yet to be recognized, amortized over a weighted-average period (in months)	19 months
Tax benefit relating to issuance of common stock for RSU awards	$ 704	$ 2,509	$ 976

Long Term Incentive Plans (Deta

Long Term Incentive Plans (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based compensation arrangement by share-based payment, performance period of plan	3 years
Long Term Incentive Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
LTIP 3-year plan	. 14, 2012	Dec. 13, 2011	Nov. 12, 2010
Number of shares issued	185,063	298,813	792,428
Average share value on date of issuance	$ 119.06	$ 126.17	$ 83.64
Total value	$ 22,034	$ 37,701	$ 66,278

Summary of the Status and Cha98

Summary of the Status and Changes of Shares Relating to LTIP and the Related Average Price Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Long Term Incentive Plans
Number of Shares
Nonvested June 30, 2014 (in shares)	920,096
Granted (in shares)	297,728
Vested (in shares)	(333,239)
Canceled (in shares)	(8,414)
Nonvested June 30, 2015 (in shares)	876,171	920,096
Weighted-Average Grant Date Fair Value
Nonvested June 30, 2014	$ 94.83
Granted	120.21
Vested	79.46
Canceled	96.98
Nonvested June 30, 2015	$ 109.27	$ 94.83
LTIP - Additional Disclosures
Stock-based compensation expense	$ 38,929	$ 31,688	$ 34,127
Shares surrendered upon exercise of stock	42,394	140,406	311,110
Restricted stock issued to certain non-employee members of the Board of Directors (in shares)	185,063	298,813	792,428
Long Term Incentive Plans and Restricted Shares Issued to non-employee members of the Board of Directors [Member]
LTIP - Additional Disclosures
Tax benefit (cost), relating to LTIP and restricted shares issued to directors	$ 5,370	$ (6,770)	$ 17,395
Director [Member]
LTIP - Additional Disclosures
Stock-based compensation expense	$ 1,401	$ 1,304	$ 1,137
Restricted stock issued to certain non-employee members of the Board of Directors (in shares)	12,716	12,353	14,580

Shareholders' Protection Righ99

Shareholders' Protection Rights Agreement Shareholders' Protection Rights Agreement (Details) - Jun. 30, 2015 - $ / shares	Total
Shareholders' Protection Rights Agreement [Line Items]
Common shares reserved for future issuance	6,000,000
Percent of common shares acquired entitling all holders of Shareholders' Right to purchase one common share	15.00%
Shareholders' Protection Rights Agreement [Member]
Shareholders' Protection Rights Agreement [Line Items]
Common shares reserved for future issuance	138,558,739
Holders of Shareholders' Rights would be entitled to purchase one common share, exercise price	$ 160

Research and Development (Detai

Research and Development (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Research and Development [Abstract]
Research and development costs	$ 403,085	$ 410,132	$ 406,613
Costs incurred in connection with research and development contracts	$ 57,799	$ 55,916	$ 58,916

Financial Instruments Available

Financial Instruments Available-for-Sale Investments (Details) $ in Thousands	Jun. 30, 2015USD ($)
Fixed income funds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 187,467
Gross Unrealized Gains	101
Gross Unrealized Losses	34
Fair Value	187,534
Government bonds [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	60,543
Gross Unrealized Gains	12
Gross Unrealized Losses	43
Fair Value	60,512
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	146,202
Gross Unrealized Gains	2
Gross Unrealized Losses	487
Fair Value	145,717
Asset-backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	11,028
Gross Unrealized Gains	0
Gross Unrealized Losses	58
Fair Value	$ 10,970

Financial Instruments Availa102

Financial Instruments Available-for-Sale Investments - Contractual Maturities (Details) $ in Thousands	Jun. 30, 2015USD ($)
Available-for-sale Securities, Debt Maturities [Abstract]
Less than one year, amortized cost	$ 13,561
Less than one year, fair value	13,555
One to three years, amortized cost	188,539
One to three years, fair value	188,057
Over three years, amortized cost	15,673
Over three years, fair value	$ 15,587

Financial Instruments Availa103

Financial Instruments Available-for-Sale Investments - Realized Gains and Losses (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2015USD ($)
Available-for-Sale Investments [Abstract]
Net realized loss	$ 3,817

Carrying Value and Fair Value o

Carrying Value and Fair Value of Long-term Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Carrying value of long-term debt, excluding leases	$ 2,947,102	$ 1,508,420
Fair value of long-term debt, excluding leases	$ 3,107,735	$ 1,708,723

Summary of the Location and Fai

Summary of the Location and Fair Value of Derivative Financial Instruments Reported in the Consolidated Balance Sheet (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Currency Swap [Member] | Other Noncurrent Assets [Member]
Derivatives, Fair Value [Line Items]
Net investment hedges	$ 17,994	$ 0
Currency Swap [Member] | Other Noncurrent Liabilities [Member]
Derivatives, Fair Value [Line Items]
Net investment hedges	0	45,790
Costless Collar Contracts | Non-trade and Notes Receivable [Member]
Derivatives, Fair Value [Line Items]
Cash flows hedges	5,627	3,508
Costless Collar Contracts | Other Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Cash flows hedges	1,970	378
Foreign Exchange Contract | Non-trade and Notes Receivable [Member]
Derivatives, Fair Value [Line Items]
Cash flows hedges	$ (23)	$ (41)

Gains (Losses) on Derivative Fi

Gains (Losses) on Derivative Financial Instruments (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Designated as Hedging Instrument [Member] | Currency Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative And Non Derivative Instruments, Gain (Loss) Recognized In Accumulated Other Comprehensive (Loss)	$ 39,406	$ (14,426)
Designated as Hedging Instrument [Member] | Foreign Denominated Debt [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative And Non Derivative Instruments, Gain (Loss) Recognized In Accumulated Other Comprehensive (Loss)	37,871	7,611
Nondesignated | Foreign Exchange Contract
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on derivative financial instruments that were recorded in the Consolidated Statement of Income	59	(81)	$ (1,821)
Nondesignated | Costless Collar Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Gains (losses) on derivative financial instruments that were recorded in the Consolidated Statement of Income	$ (1,865)	$ 7,052	$ 502

Financial Instruments Financial

Financial Instruments Financial Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Derivative Financial Instruments, Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	$ 1,970	$ 46,168
Derivative Financial Instruments, Liabilities [Member] | Quoted Prices In Active Markets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
Derivative Financial Instruments, Liabilities [Member] | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	1,970	46,168
Derivative Financial Instruments, Liabilities [Member] | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability	0	0
Government bonds [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	60,512
Government bonds [Member] | Quoted Prices In Active Markets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	60,512
Government bonds [Member] | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0
Government bonds [Member] | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0
Corporate Bond Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	145,717
Corporate Bond Securities | Quoted Prices In Active Markets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	145,717
Corporate Bond Securities | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0
Corporate Bond Securities | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0
Asset-backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	10,970
Asset-backed Securities [Member] | Quoted Prices In Active Markets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0
Asset-backed Securities [Member] | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	10,970
Asset-backed Securities [Member] | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0
Fixed income funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	187,534
Derivative Financial Instruments, Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	23,598	3,467
Derivative Financial Instruments, Assets [Member] | Quoted Prices In Active Markets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	0	0
Derivative Financial Instruments, Assets [Member] | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	23,598	3,467
Derivative Financial Instruments, Assets [Member] | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset	$ 0	$ 0

Contingencies (Detail)

Contingencies (Detail) $ in Thousands	Jun. 30, 2015USD ($)
Loss Contingencies [Line Items]
Reserve for environmental matters	$ 16,957
Environmental Issue
Loss Contingencies [Line Items]
Estimated total liability for environmental sites range, minimum	17,000
Estimated total liability for environmental sites range, maximum	80,200
Estimated total liability for environmental sites range, largest	$ 8,400

Quarterly Information (Detail)

Quarterly Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 3,144,508	$ 3,162,311	$ 3,134,993	$ 3,269,932	$ 3,525,415	$ 3,358,406	$ 3,106,006	$ 3,226,144	$ 12,711,744	$ 13,215,971	$ 13,015,704
Gross Profit	723,728	789,295	733,409	810,067	839,461	752,513	686,035	749,735	3,056,499	3,027,744	2,929,029
Net Income Attributable to Common Shareholders	$ 179,454	$ 285,345	$ 267,252	$ 280,089	$ 301,038	$ 242,406	$ 253,288	$ 244,316	$ 1,012,140	$ 1,041,048	$ 948,427
Diluted earnings per share	$ 1.27	$ 2.02	$ 1.80	$ 1.85	$ 1.98	$ 1.60	$ 1.66	$ 1.61	$ 6.97	$ 6.87	$ 6.26

Stock Prices and Dividends (Det

Stock Prices and Dividends (Detail) - $ / shares	3 Months Ended												12 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Stock Prices and Dividends [Abstract]
High	$ 125.33	$ 129.54	$ 133.41	$ 127.60	$ 130.44	$ 129.40	$ 129.77	$ 110.21	$ 101.88	$ 98.15	$ 87.04	$ 87.71	$ 133.41	$ 130.44	$ 101.88
Low	115.65	115.86	99.82	105.91	118.46	108.66	103.36	94.81	84.50	86.51	75.80	70.42	99.82	94.81	70.42
Dividends	$ 0.63	$ 0.63	$ 0.63	$ 0.48	$ 0.48	$ 0.48	$ 0.45	$ 0.45	$ 0.45	$ 0.43	$ 0.41	$ 0.41	$ 2.37	$ 1.86	$ 1.70