Earnings per share

6 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Earnings per share

Earnings per share

The following table presents a reconciliation of the numerator and denominator of basic and diluted earnings per share.

	Three Months Ended				Six Months Ended
	December 31,				December 31,
	2025		2024		2025		2024
Numerator:
Net income	$	845	$	949	$	1,653	$	1,647
Denominator:
Basic - weighted average common shares	126.2		128.8		126.4		128.7
Dilutive effect of equity-based awards	1.9		2.0		1.9		2.0
Diluted - weighted-average common shares	128.1		130.8		128.2		130.7
Basic earnings per share(1)	$	6.69	$	7.37	$	13.08	$	12.80
Diluted earnings per share(1)	$	6.60	$	7.25	$	12.89	$	12.60
(1) Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated using unrounded numbers.

For the three months ended December 31, 2025 and 2024, 0.2 million and 0.2 million common shares subject to equity-based awards, respectively, were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.

For the six months ended December 31, 2025 and 2024, 0.2 million and 0.3 million common shares subject to equity-based awards, respectively, were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.