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Industrial & Other Manufacturing: Leases (ASC 842)

Note: Supplemental lease cash flow and right-of-use asset disclosures under ASC 842.
Parker-Hannifin Corp (PH) · Form 10-K for period ended 2026-06-30 · filed 2026-08-21 · Section: Note 11. Leases
For the years ended June 30,202620252024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows - payments on operating leases656465
Operating cash outflows - interest payments on finance leases555
Financing cash outflows - payments on finance lease obligations655
Right-of-use assets obtained in exchange for operating lease obligations461842
Right-of-use assets obtained in exchange for finance lease obligations424

Supplemental balance sheet information related to operating leases is as follows:

June 30,20262025
Operating leases
Operating lease right-of-use assets (included within other long-term assets)201192
Current operating lease liabilities (included within other current liabilities)4947
Long-term operating lease liabilities (included within other long-term liabilities)164154
Total operating lease liabilities213201
Finance leases
Property, plant and equipment113127
Accumulated depreciation( 28 )( 25 )
Property, plant and equipment, net85102
Notes payable and long-term debt payable within one year66
Long-term debt86102
Total finance lease liabilities92108
Weighted-average remaining lease term
Operating leases6.3 years6.3 years
Finance leases18.1 years18.8 years
Weighted-average discount rate
Operating leases4.44.3
Finance leases5.25.2

Maturities of lease liabilities at June 30, 2026 are as follows:

Verbatim excerpt (221 words), formatting simplified. View full filing on EDGAR →

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