Shareholders' Equity

9 Months Ended

Mar. 31, 2014

Equity [Abstract]

Shareholders' Equity

Shareholders' Equity

During the nine months ended March 31, 2014, we repurchased 5.7 million common shares having an aggregate cost of $389 million. The average price paid per common share was $67.66.

During the nine months ended March 31, 2013, we repurchased 4.9 million common shares having an aggregate cost of $200 million. The average price paid per common share was $40.63.

We funded the repurchases with available cash. The common shares repurchased are held in treasury to be used for general corporate purposes.

Accumulated Other Comprehensive Income

The following table summarizes the changes in the balance of AOCI by component and in total:

(in millions)	Foreign Currency Translation Adjustments		Unrealized Gain on Derivatives, net of tax			Accumulated Other Comprehensive Income
Balance at June 30, 2013	$	54	$	14		$	68
Other comprehensive income/(loss), net of tax before reclassifications	4		—			4
Amounts reclassified to earnings	—		(2		)	(2		)
Total other comprehensive income/(loss), net of tax	4		(2		)	2
Balance at March 31, 2014	$	58	$	12		$	70