Equity (Tables)

12 Months Ended

Jun. 30, 2026

Equity [Abstract]

Schedule of Changes in Accumulated Other Comprehensive Loss in Shareholders' Equity by Component

Changes in accumulated other comprehensive loss within Parker's shareholders' equity by component are as follows:


						2026						2025						2024
Foreign Currency Translation Adjustment and Other
Beginning balance						$	(717)					$	(1,130)					$	(962)
Other comprehensive income (loss) before reclassifications						(81)						418						(153)
Income tax						5						(5)						(15)
Other comprehensive income (loss), net of tax						(76)						413						(168)
Ending balance						$	(793)					$	(717)					$	(1,130)
Retirement Benefit Plans
Beginning balance						$	(166)					$	(308)					$	(331)
Other comprehensive income (loss) before reclassifications						190						163						23
Income tax						(45)						(34)						(6)
Reclassified from accumulated other comprehensive loss:
Amortization of net actuarial loss and other(1)						15						18						8
Tax benefit						(4)						(5)						(2)
Other comprehensive income (loss), net of tax						156						142						23
Ending balance						$	(10)					$	(166)					$	(308)
Total accumulated other comprehensive loss ending balance						$	(803)					$	(883)					$	(1,438)

(1) The amounts reclassified include the amortization of net actuarial loss, amortization of prior service cost and gains or losses related to settlements. These costs are included in the computation of net periodic benefit cost (credit) which is recorded in other expense (income), net. Refer to Note 12 for additional information.