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Share-Based Compensation and Savings Plans (Tables)
 12 Months Ended
Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Total Share-based Compensation Expense by Type of Award
The following table provides total share-based compensation expense by type of award:
(in millions)
2015
 
2014
 
2013
Restricted share unit expense
$
69

 
$
62

 
$
60

Employee stock option expense
21

 
21

 
23

Performance share unit expense
20

 
13

 
10

Total share-based compensation
$
110

 
$
96

 
$
93
Schedule of Stock Option Transactions Under the Plans
The following table summarizes all stock option transactions under the Plans:
(in millions, except per share amounts)
Stock
Options
 
Weighted-Average
Exercise Price per
Common Share
Outstanding at June 30, 2013
15

 
$
36.97

Granted
2

 
51.77

Exercised
(7
)
 
38.29

Canceled and forfeited
—

 
—

Outstanding at June 30, 2014
10

 
$
39.16

Granted
1

 
72.15

Exercised
(3
)
 
36.21

Canceled and forfeited
—

 
—

Outstanding at June 30, 2015
8

 
$
46.50

Exercisable at June 30, 2015
4

 
$
37.19
Schedule of Additional Data Related to Stock Option Activity
The following tables provide additional detail related to stock option activity:
(in millions, except per share amounts)
2015
 
2014
 
2013
Aggregate intrinsic value of outstanding options at period end
$
281

 
$
282

 
$
156

Aggregate intrinsic value of exercisable options at period end
193

 
185

 
113

Aggregate intrinsic value of exercised options
132

 
155

 
64

Cash received upon exercise
72

 
227

 
121

Cash tax proceeds/(disbursements) realized related to exercise
52

 
39

 
(19
)
Total compensation cost, net of estimated forfeitures, related to unvested stock options not yet recognized, pre-tax
23

 
24

 
22

Total fair value of shares vested during the year
20

 
20

 
28

Weighted-average grant date fair value per stock option
15.80

 
10.32

 
8.15
Schedule of Remaining Stock Option Plan Data
(in years)
2015
 
2014
 
2013
Weighted-average remaining contractual life of outstanding options
6
 
6
 
4
Weighted-average remaining contractual life of exercisable options
5
 
4
 
3
Weighted-average period over which stock option compensation cost is expected to be recognized
2
 
2
 
2
Schedule of Range of Assumptions Used to Estimate Fair Value of Stock Options
The following table provides the range of assumptions used to estimate the fair value of stock options:
 
2015
 
2014
 
2013
Risk-free interest rate
1.8%
-
2.1%
 
1.9%
-
2.0%
 
1.1%
-
1.3%
Expected volatility
26%
 
27%
 
29%
Dividend yield
1.7%
-
1.9%
 
1.8%
-
2.4%
 
2.1%
-
2.5%
Expected life in years
7
 
6
 
6
Schedule of Transactions Related to Restricted Share Units Under the Plans
The following table summarizes all transactions related to restricted share units under the Plans:
(in millions, except per share amounts)
Restricted Share Units
 
Weighted-Average
Grant Date Fair
Value per Share
Nonvested at June 30, 2013
3

 
$
38.74

Granted
1

 
52.40

Vested
(1
)
 
37.59

Canceled and forfeited
—

 
—

Nonvested at June 30, 2014
3

 
$
45.65

Granted
1

 
72.33

Vested
(1
)
 
44.94

Canceled and forfeited
—

 
—

Nonvested at June 30, 2015
3

 
$
59.69
Additional Data Related to Restricted Share and Restricted Share Unit Activity
The following table provides additional data related to restricted share unit activity:
(in millions)
2015
 
2014
 
2013
Total compensation cost, net of estimated forfeitures, related to nonvested restricted share unit awards not yet recognized, pre-tax
$
77

 
$
75

 
$
67

Weighted-average period in years over which restricted share unit cost is expected to be recognized (in years)
2

 
2

 
2

Total fair value of shares vested during the year
$
61

 
$
55

 
$
60
Schedule of Transactions Related to Performance Share Units Under the Plans
The following table summarizes all transactions related to performance share units under the Plans (based on target award amounts):
(in millions, except per share amounts)
Performance
Share Units
 
Weighted-Average
Grant Date Fair
Value per Share
Nonvested at June 30, 2013
0.8

 
$
41.37

Granted
0.3

 
51.49

Vested (1)
(0.2
)
 
41.60

Canceled and forfeited
—

 
—

Nonvested at June 30, 2014
0.9

 
$
44.41

Granted
0.2

 
71.63

Vested (2)
(0.2
)
 
41.59

Canceled and forfeited
—

 
—

Nonvested at June 30, 2015
0.9

 
$
50.31

(1)
Vested based on achievement of 143 percent of the target performance goal.
(2)
Vested based on achievement of 120 percent of the target performance goal.
Additional Data Related to Performance Share Unit Activity
The following table provides additional data related to performance share unit activity:
(in millions)
2015
 
2014
 
2013
Total compensation cost, net of estimated forfeitures, related to nonvested performance share units not yet recognized, pre-tax
$
16

 
$
15

 
$
12

Weighted-average period over which performance share unit cost is expected to be recognized (in years)
2

 
2

 
2

Total fair value of shares vested during the year
$
8

 
$
7

 
$
—