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Stock-Based Compensation (Tables)
 9 Months Ended
Mar. 31, 2022
Share-based Payment Arrangement [Abstract]  
Summary of Incentive Awards
The activity related to the Company’s incentive equity awards for the three months ended March 31, 2022 consisted of the following:
Stock OptionsTime-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 December 31, 20212,611,362 $92.91 1,028,156 $132.28 321,270 $139.80 
Granted414,875 144.84 26,474 141.44 2,222 139.93 
Exercise of stock options (a)(146,152)73.50 — — — — 
Vesting of restricted stock units
— — (5,772)141.92 — — 
Expired/forfeited(15,101)103.75 (24,067)154.14 (6,203)150.64 
Balances at March 31, 2022 (b),(c)
2,864,984 $101.36 1,024,791 $131.95 317,289 $139.59 

(a)Stock options exercised during the period of January 1, 2022 through March 31, 2022 had an aggregate intrinsic value of $11.3 million.
(b)As of March 31, 2022, the Company’s outstanding vested and currently exercisable stock options using the March 31, 2022 closing stock price of $155.71 (approximately 1.9 million shares) had an aggregate intrinsic value of $136.0 million with a weighted-average exercise price of $84.58 and a weighted-average remaining contractual life of 5.3 years. The total of all stock options outstanding as of March 31, 2022 have a weighted-average remaining contractual life of 6.5 years.
(c)As of March 31, 2022, time-based restricted stock units and performance-based restricted stock units expected to vest using the March 31, 2022 closing stock price of $155.71 (approximately 1.0 million and 0.3 million shares, respectively) had an aggregate intrinsic value of $152.8 million and $47.3 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 nine months ended March 31, 2022 consisted of the following:
Stock OptionsTime-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 June 30, 20213,203,682 $88.33 761,337 $117.07 247,580 $126.29 
Granted436,913 146.26 364,319 161.45 103,084 157.88 
Exercise of stock options (a)(725,975)70.69 — — — — 
Vesting of restricted stock units
— — (45,528)105.28 — — 
Expired/forfeited(49,636)104.28 (55,337)143.39 (33,375)97.44 
Balances at March 31, 2022
2,864,984 $101.36 1,024,791 $131.95 317,289 $139.59 

(a)Stock options exercised during the period of July 1, 2021 through March 31, 2022 had an aggregate intrinsic value of $69.6 million.