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Stock-Based Compensation (Tables)
 6 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Incentive Equity Awards
The activity related to the Company’s incentive equity awards for the three months ended December 31, 2018 consisted of the following:
 
Stock Options
 
Time-based
Restricted Stock Units
 
Performance-based
Restricted Stock Units
 
Number of
Options
 
Weighted-
Average
Exercise
Price
 
Number
of Shares
 
Weighted-
Average
Grant
Date Fair
Value
 
Number
of Shares
 
Weighted-
Average
Grant
Date Fair
Value
Balances at October 1, 2018
4,057,228

 
$
56.76

 
968,415

 
$
67.93

 
376,655

 
$
75.20

Granted
23,447

 
107.52

 
288,503

 
123.70

 
120,980

 
116.35

Exercise of stock options (a)
(34,733
)
 
29.35

 
—

 
—

 
—

 
—

Vesting of restricted stock units
—

 
—

 
(17,163
)
 
41.84

 
—

 
—

Expired/forfeited
(2,930
)
 
93.88

 
(34,168
)
 
73.95

 
(1,480
)
 
77.02

Balances at December 31, 2018 (b),(c)
4,043,012

 
$
57.27

 
1,205,587

 
$
81.48

 
496,155

 
$
85.23


____________
(a)
Stock options exercised during the period of October 1, 2018 through December 31, 2018 had an aggregate intrinsic value of $2.5 million.

(b)
As of December 31, 2018, the Company’s outstanding vested and currently exercisable stock options using the December 31, 2018 closing stock price of $96.25 (approximately 2.1 million shares) had an aggregate intrinsic value of $120.5 million with a weighted-average exercise price of $39.12 and a weighted-average remaining contractual life of 5.0 years. The total of all stock options outstanding as of December 31, 2018 have a weighted-average remaining contractual life of 6.5 years.

(c)
As of December 31, 2018, time-based restricted stock units and performance-based restricted stock units expected to vest using the December 31, 2018 closing stock price of $96.25 (approximately 1.1 million and 0.5 million shares, respectively) had an aggregate intrinsic value of $110.4 million and $46.3 million, respectively. Performance-based restricted stock units granted in the table above represent initial target awards, and performance adjustments for (i) change in shares issued based upon attainment of performance goals determined in the period and (ii) estimated change in shares issued resulting from attainment of performance goals to be determined at the end of the prospective performance period.

The activity related to the Company’s incentive equity awards for the six months ended December 31, 2018 consisted of the following:
 
Stock Options
 
Time-based
Restricted Stock Units
 
Performance-based
Restricted Stock Units
 
Number of
Options
 
Weighted-
Average
Exercise
Price
 
Number
of Shares
 
Weighted-
Average
Grant
Date Fair
Value
 
Number
of Shares
 
Weighted-
Average
Grant
Date Fair
Value
Balances at July 1, 2018
4,478,288

 
$
55.69

 
982,399

 
$
67.72

 
395,689

 
$
74.29

Granted
23,447

 
107.52

 
292,946

 
123.73

 
123,187

 
115.92

Exercise of stock options (a)
(450,158
)
 
43.50

 
—

 
—

 
—

 
—

Vesting of restricted stock units
—

 
—

 
(17,163
)
 
41.84

 
(19,077
)
 
58.97

Expired/forfeited
(8,565
)
 
93.88

 
(52,595
)
 
72.75

 
(3,644
)
 
72.28

Balances at December 31, 2018
4,043,012

 
$
57.27

 
1,205,587

 
$
81.48

 
496,155

 
$
85.23


____________
(a)
Stock options exercised during the period of July 1, 2018 through December 31, 2018 had an aggregate intrinsic value of $38.7 million.