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Shareholders' Equity
 3 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Shareholders' Equity
12. Shareholders' Equity
During the three months ended September 30, 2017, we repurchased 2.2 million common shares having an aggregate cost of $150 million. The average price paid per common share was $67.92. We funded the repurchases with available cash and short-term borrowings.
During the three months ended September 30, 2016, we repurchased 3.1 million common shares having an aggregate cost of $250 million. The average price paid per common share was $81.37. 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 Loss
The following table summarizes the changes in the balance of accumulated other comprehensive loss by component and in total:
(in millions)
Foreign
Currency
Translation
Adjustments
 
Unrealized
Gain/(Loss) on
Derivatives,
net of tax
 
Accumulated Other
Comprehensive
Loss
Balance at June 30, 2017
$
(148
)
 
$
23

 
$
(125
)
Other comprehensive income/(loss), before reclassifications
40

 
(1
)
 
39

Amounts reclassified to earnings
—

 
—

 
—

Other comprehensive income/(loss), net of tax
40

 
(1
)
 
39

Balance at September 30, 2017
$
(108
)
 
$
22

 
$
(86
)

Activity related to realized gains and losses on available-for-sale securities, as described in Note 5, was immaterial during the three months ended September 30, 2017. There were no unrealized gains and losses on available-for-sale securities at September 30, 2017.