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Employee Benefit Plans (Tables)
12 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Employee Benefit Plans    
Components Of Stock-Based Compensation Expense

Years ended June 30,

2011

 

2010

 

2009

           

Operating expenses

 $        13.1

 

 $        11.7

 

 $        20.6

Selling, general and administrative expenses

51.8

 

45.9

 

60.4

System development and programming costs

11.4

 

10.0

 

15.0

Total pretax stock-based compensation expense

 $        76.3

 

 $        67.6

 

 $        96.0

 
Changes In Stock Options Outstanding
Stock Options:      
       
       
  Number of Options   Weighted Average Price
Year ended June 30, 2011 (in thousands)   (in dollars)
       
Options outstanding,      
  beginning of year 35,000   $41
Options granted 1,398   $38
Options exercised (11,403)   $41
Options canceled (3,281)   $53
Options outstanding, end of year 21,714   $40
       
Options exercisable, end of year                 17,823   $39
Shares available for future grants,      
  end of year                 30,153    
Shares reserved for issuance under      
  stock option plans, end of year                 51,867    
 
Changes In Performance-Based Restricted Stock
Performance-Based Restricted Stock:  
   
  Number of Shares
  (in thousands)
   
Year ended June 30,  2011
   
Restricted shares outstanding,  
  beginning of year                1,112
Restricted shares granted                1,388
Restricted shares vested               (1,077)
Restricted shares forfeited                     (72)
Restricted shares outstanding, end of year                1,351
   
 
Changes In Time-Based Restricted Stock
Time-Based Restricted Stock:  
   
  Number of Shares
  (in thousands)
   
Year ended June 30,  2011
   
Restricted shares outstanding,  
  beginning of year                   475
Restricted shares granted                     89
Restricted shares vested                    (45)
Restricted shares forfeited                    (26)
Restricted shares outstanding, end of year                   493
   
 
Summarized Information On Stock Options
                           
   

Outstanding

 

Exercisable

           

Weighted

         

Weighted

 

Exercise

 

Number

 

Remaining

 

Average

 

Number

 

Remaining

 

Average

 

Price

 

of Options

 

Life

 

Price

 

of Options

 

Life

 

Price

 

Range

 

(in thousands)

 

(in years)

 

(in dollars)

 

(in thousands)

 

(in years)

 

(in dollars)

 
                           

Under $25

 

                   298

 

                     1.7

 

 $             17

 

                       73

 

                     1.4

 

 $             17

 

$25 to $35

 

1,587

 

                     1.5

 

 $             31

 

                  1,531

 

                     1.3

 

 $             31

 

$35 to $45

 

17,790

 

                     3.8

 

 $             40

 

                15,020

 

                     3.4

 

 $             40

 

$45 to $55

 

2,039

 

                     3.8

 

 $             47

 

                  1,199

 

                     1.3

 

 $             46

 
   

              21,714

 

                     3.6

 

 $             40

 

                17,823

 

                     3.0

 

 $             39

 
 
Assumptions Used To Estimate Fair value For Stock Options Granted
Years ended June 30,   2011   2010   2009
             
Risk-free interest rate   1.4% - 2.4%   2.3% - 2.6%   1.8% - 3.1%
Dividend yield   2.9% - 3.3%   3.2% - 3.4%   2.6% - 3.5%
Weighted average volatility factor   24.5% - 24.9%   25.9% - 30.4%   25.3% - 31.3%
Weighted average expected life (in years)  5.15.2     5.05.1                        5.0
Fair value   $7.59   $7.05   $7.54
 
Weighted Average Fair Values Of Stock Plan Issuances
Year ended June 30,   2011
  Performance-based restricted stock    $             40.20
  Time-based restricted stock    $             44.58
 
Funded Status Of Pension Plans

June 30,

 

2011

 

2010

         

Change in plan assets:

       

  Fair value of plan assets at beginning of year

 

 $            981.7

 

 $            787.0

  Actual return on plan assets

 

               208.1

 

               117.6

  Employer contributions

 

               158.1

 

               112.3

  Benefits paid

 

                (34.6)

 

                (35.2)

         

Fair value of plan assets at end of year

 

 $         1,313.3

 

 $            981.7

         

Change in benefit obligation:

       

  Benefit obligation at beginning of year

 

 $         1,087.9

 

 $            894.9

  Service cost

 

                 52.5

 

                 47.6

  Interest cost

 

                 56.6

 

                 59.1

  Actuarial (gains)/ losses

 

                  (5.4)

 

               128.8

  Currency translation adjustments 

 

                 14.5

 

                  (7.3)

  Benefits paid

 

                (34.6)

 

                (35.2)

  Acquisitions

 

                   7.3

 

                     -  

         

Projected benefit obligation at end of year

 

 $         1,178.8

 

 $         1,087.9

         

Funded status - plan assets less benefit obligations

 

 $            134.5

 

 $           (106.2)

 
Funded Status On The Balance Sheet

June 30,

 

2011

 

2010

         

Noncurrent assets

 

 $         231.5

 

 $               -  

Current liabilities

 

              (4.5)

 

              (3.9)

Noncurrent liabilities

 

            (92.5)

 

          (102.3)

Net amount recognized

 

 $         134.5

 

 $       (106.2)

 
Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets

June 30,

 

2011

 

2010

         

Projected benefit obligation

 

 $         150.7

 

 $      1,054.4

Accumulated benefit obligation

 

 $         143.2

 

 $      1,048.3

Fair value of plan assets

 

 $           55.6

 

 $         951.0

 
Schedule Of Net Periodic Benefit Cost

Years ended June 30,

 

2011

 

2010

 

2009

             

Service cost - benefits earned

           

  during the period

 

 $        52.5

 

 $        47.6

 

 $        46.2

Interest cost on projected benefits

 

           56.6

 

           59.1

 

           56.7

Expected return on plan assets

 

          (88.5)

 

          (76.5)

 

          (70.3)

Amortization of losses

 

           20.1

 

             4.5

 

             1.2

             
   

 $        40.7

 

 $        34.7

 

 $        33.8

 
Defined Benefit Plan Assumptions Used In Calculating Benefit Obligations

Years ended June 30,

 

2011

 

2010

         

Discount rate

 

5.40%

 

5.25%

Increase in compensation levels

 

4.00%

 

5.50%

 
Assumptions Used In Calculating Net Pension Expense

 

Years ended June 30,

 

2011

 

2010

 

2009

             

Discount rate

 

5.25%

 

6.80%

 

6.95%

Expected long-term rate of return on assets

 

7.25%

 

7.25%

 

7.25%

Increase in compensation levels

 

5.50%

 

5.50%

 

5.50%

 
Pension Plans' Asset Allocations By Asset Category
   

2011

 

2010

         

United States Fixed Income Securities

 

38%

 

37%

United States Equity Securities

 

41%

 

42%

International Securities

 

21%

 

21%

         

          Total

 

100%

 

100%

 
Pension Plans' Target Asset Allocation Ranges

United States Fixed Income Securities

35% – 45%

United States Equity Securities

37% – 50%

International Equity Securities

12%– 20%

 
Investments Of The Plan Measured At Fair Value
   

Level 1

 

Level 2

 

Level 3

 

Total

                 
                 

  Comingled trusts

 

 $            -  

 

 $             529.7

 

 $               -  

 

 $            529.7

  U.S. Government securities

 

               -  

 

                207.4

 

                  -  

 

               207.4

  Mutual funds

 

          283.4

 

                      -  

 

                  -  

 

               283.4

  Corporate and municipal bonds

 

               -  

 

                237.7

 

                  -  

 

               237.7

  Mortgage-backed security bonds

 

               -  

 

                  33.1

 

                  -  

 

                 33.1

Total pension assets

 

 $       283.4

 

 $          1,007.9

 

 $               -  

 

 $         1,291.3

   

Level 1

 

Level 2

 

Level 3

 

Total

                 
                 

  Comingled trusts

 

 $            -  

 

 $             357.1

 

 $               -  

 

 $            357.1

  U.S. Government securities

 

               -  

 

                191.3

 

                  -  

 

               191.3

  Mutual funds

 

          252.1

 

                      -  

 

                  -  

 

               252.1

  Corporate and municipal bonds

 

               -  

 

                160.1

 

                  -  

 

               160.1

  Mortgage-backed security bonds

 

               -  

 

                    0.7

 

                  -  

 

                   0.7

Total pension assets

 

 $       252.1

 

 $             709.2

 

 $               -  

 

 $            961.3