Stockholders' Equity (Tables)

12 Months Ended

Jun. 30, 2021

Stockholders Equity Note [Abstract]

Summary of Repurchases of Common Stock

The following table summarizes the Company’s repurchases of its Class A Common Stock and Class B Common Stock:

	For the years ended June 30,
	2021		2020
	(in millions)
Total cost of repurchases	$	1,001	$	600
Total number of shares repurchased		32		17

Schedule of Dividends Declared and Paid

The following table summarizes the dividends declared and paid per share on both the Company’s Class A Common Stock and Class B Common Stock:

	For the years ended June 30,
	2021		2020		2019
Cash dividend per share	$	0.46	$	0.46	$	0.23

Schedule of Activity within Other Comprehensive (Loss) Income

The following tables summarize the activity within Other comprehensive income (loss):

	For the year ended June 30, 2021
	Before tax		Tax benefit (provision)			Net of tax
	(in millions)
Benefit plan adjustments
Unrealized gains	$	87	$	(21	)	$	66
Reclassifications realized in net income(a)		45		(12	)		33
Other comprehensive income	$	132	$	(33	)	$	99

	For the year ended June 30, 2020
	Before tax			Tax benefit (provision)			Net of tax
	(in millions)
Benefit plan adjustments
Unrealized losses	$	(175	)	$	44		$	(131	)
Reclassifications realized in net income(a)		29			(7	)		22
Other comprehensive loss	$	(146	)	$	37		$	(109	)

	For the year ended June 30, 2019
	Before tax			Tax benefit (provision)			Net of tax
	(in millions)
Benefit plan adjustments and other
Unrealized losses	$	(133	)	$	35		$	(98	)
Reclassifications realized in net income(a)		12			(3	)		9
Other comprehensive loss	$	(121	)	$	32		$	(89	)

^(a) Reclassifications of amounts related to benefit plan adjustments are included in Other, net in the Statements of Operations (See Note 15—Pension and Other Postretirement Benefits for additional information).

Summary of Components of Accumulated Other Comprehensive (Loss) Income, Net of Tax

The following table summarizes the components of Accumulated other comprehensive loss, net of tax:

	As of June 30,
	2021			2020			2019
	(in millions)
Benefit plan adjustments and other	$	(318	)	$	(417	)	$	(308	)(a)
Accumulated other comprehensive loss, net of tax	$	(318	)	$	(417	)	$	(308	)

^(a) Includes a reclassification of $13 million as a result of the adoption of ASU 2018-02, “Income Statement—Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income” to eliminate the stranded tax effects resulting from the Tax Cuts and Jobs Act enacted in December 2017 and $157 million related to the Shared Plans (as defined in Note 15—Pension and Other Postretirement Benefits”) allocable to the Company’s employees that was transferred to the Company in fiscal 2019 (See Statements of Equity).