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Stock Incentive Plans (Tables)
 12 Months Ended
Jun. 30, 2019
Share-based Payment Arrangement [Abstract]  
Weighted average assumptions used in fair value of each stock appreciation right award granted
The fair value of each SAR award granted in 2019, 2018 and 2017 was estimated at the date of grant using a Black-Scholes option pricing model with the following weighted-average assumptions:
 
2019

 
2018

 
2017

Risk-free interest rate
2.8
%
 
1.9
%
 
1.4
%
Expected life of award
5.1 years

 
5.2 years

 
5.3 years

Expected dividend yield of stock
1.9
%
 
2.0
%
 
2.0
%
Expected volatility of stock
24.2
%
 
23.4
%
 
28.5
%
Weighted-average fair value
$
35.09

 
$
29.71

 
$
27.39
Stock appreciation rights activity
SAR activity during 2019 is as follows (aggregate intrinsic value in millions):    
 
Number of Shares
 
Weighted-Average Exercise Price
 
Weighted-Average Remaining Contractual Term
 
Aggregate Intrinsic Value
Outstanding June 30, 2018
6,046,881

 
$
106.98

 
 
 
 
Granted
748,901

 
$
166.49

 
 
 
 
Exercised
(983,205
)
 
$
77.28

 
 
 
 
Canceled
(63,122
)
 
$
154.93

 
 
 
 
Outstanding June 30, 2019
5,749,455

 
$
119.29

 
5.8 years
 
$
291.6

Exercisable June 30, 2019
4,088,257

 
$
105.15

 
4.8 years
 
$
265.2
Summary of the status and shares subject to stock appreciation rights awards and average price per share
A summary of the status and changes of shares subject to SAR awards and the related average price per share follows:
 
Number of Shares
 
Weighted-Average Grant Date Fair Value
Nonvested June 30, 2018
1,878,209

 
$
28.44

Granted
748,901

 
$
35.09

Vested
(905,842
)
 
$
28.00

Canceled
(60,070
)
 
$
31.15

Nonvested June 30, 2019
1,661,198

 
$
31.58
Information related to stock appreciation rights awards exercised
Information related to SAR awards exercised during 2019, 2018 and 2017 is as follows:
 
2019

 
2018

 
2017

Net cash proceeds
$
2,475

 
$
3,682

 
$
2,202

Intrinsic value
95,502

 
136,000

 
153,908

Income tax benefit
15,584

 
28,701

 
31,193
Summary of the status and shares subject to restricted stock units and average price per share A summary of the status and changes of shares subject to RSU awards for employees and the related average price per share follows:
 
Number of Shares
 
Weighted-Average Grant Date Fair Value
Nonvested June 30, 2018
360,611

 
$
138.85

Granted
184,913

 
$
166.47

Vested
(156,079
)
 
$
131.18

Canceled
(15,365
)
 
$
154.22

Nonvested June 30, 2019
374,080

 
$
155.07
Status and changes of shares of long term incentive plans shares A summary of the status and changes of shares relating to the LTIP and the related average price per share follows:    
 
Number of Shares
 
Weighted-Average Grant Date Fair Value
Nonvested June 30, 2018
658,271

 
$
143.90

Granted
198,737

 
$
157.20

Vested
(232,842
)
 
$
86.51

Canceled
(23,449
)
 
$
174.05

Nonvested June 30, 2019
600,717

 
$
169.36


Stock issued for LTIP
 
2019

 
2018

 
2017

LTIP three-year plan
 
2016-17-18

 
2015-16-17

 
2014-15-16

Number of shares issued
 
293,136

 
308,278

 
227,707

Share value on date of issuance
 
$
183.00

 
$
176.39

 
$
157.07

Total value
 
$
53,644

 
$
54,377

 
$
35,766