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Shareholders' Equity
9 Months Ended
Mar. 31, 2015
Equity [Abstract]  
Shareholders' Equity
Shareholders' Equity
Share Repurchases
During the nine months ended March 31, 2015, we repurchased 9.1 million common shares having an aggregate cost of $684 million. The average price paid per common share was $75.00.
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.
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/(Loss)
The following table summarizes the changes in the balance of accumulated other comprehensive income/(loss) by component and in total:
(in millions)
Foreign
Currency
Translation
Adjustments
 
Unrealized
Gain/(Loss) on
Derivatives,
net of tax
 
Accumulated Other
Comprehensive
Income/(Loss)
Balance at June 30, 2014
$
63

 
$
7

 
$
70

 
 
 
 
 
 
Other comprehensive loss, net of tax before reclassifications
(117
)
 
(4
)
 
(121
)
Amounts reclassified to earnings

 
(2
)
 
(2
)
Total other comprehensive loss, net of tax of $4 million
(117
)
 
(6
)
 
(123
)
Balance at March 31, 2015
$
(54
)
 
$
1

 
$
(53
)

Activity related to realized and unrealized gains and losses on available-for-sale securities as described in Note 5, was immaterial during the three and nine months ended March 31, 2015.