Income Taxes (Tables)

12 Months Ended

Jun. 30, 2011

Income Taxes

Earnings from Continuing Operations by Geographic Location

Years ended June 30,	2011	2010	2009
Earnings (loss) from continuing operations before income taxes:
United States	$    1,675.1	$    1,638.0	$    1,908.6
Foreign	257.6	225.2	(8.5)
	$    1,932.7	$    1,863.2	$    1,900.1

Components Of Provision (Benefit) For Income Taxes

Years ended June 30,	2011	2010	2009
Current:
Federal	$       449.3	$       401.3	$       708.9
Foreign	96.9	104.4	(121.2)
State	24.7	54.1	35.2
Total current	570.9	559.8	622.9
Deferred:
Federal	95.7	106.8	(63.3)
Foreign	(1.8)	(15.1)	26.2
State	13.7	4.4	(10.8)
Total deferred	107.6	96.1	(47.9)
Total provision for income taxes	$       678.5	$       655.9	$       575.0

Reconciliation Of U.S Federal Statutory Rate To Effective Tax Rate

Years ended June 30,	2011		%	2010		%	2009		%
Provision for taxes at U.S.		#			#			#
statutory rate	$       676.5		35.0	$       652.1		35.0	$       665.0		35.0
Increase (decrease) in provision from:
State taxes, net of federal tax	29.2		1.5	34.5		1.9	37.8		2.0
Tax on repatriated earnings and foreign income	30.3		1.6	15.1		0.8	43.0		2.2
Utilization of foreign tax credits	(26.0)		(1.3)	(14.9)		(0.8)	(46.6)		(2.4)
Tax settlements	-		-	-		-	(120.0)		(6.3)
Resolution of tax matters	-		-	(12.2)		(0.7)	(2.8)		(0.1)
Section 199 - Qualified Production Activities	(18.2)		(1.0)	(11.8)		(0.6)	(6.9)		(0.4)
Other	(13.3)		(0.7)	(6.9)		(0.4)	5.5		0.3
	$       678.5		35.1	$       655.9		35.2	$       575.0		30.3

Components Of Deferred Income Tax Assets And Liabilities

Years ended June 30,	2011	2010
Deferred tax assets:
Accrued expenses not currently deductible	$           205.8	$           227.4
Stock-based compensation expense	95.7	100.9
Net operating losses	111.4	80.8
Other	10.8	3.0
	423.7	412.1
Less: valuation allowances	(62.7)	(61.9)
Deferred tax assets, net	$           361.0	$           350.2
Deferred tax liabilities:
Prepaid retirement benefits	$             97.7	$             19.4
Deferred revenue	62.3	80.8
Fixed and intangible assets	298.9	176.3
Prepaid expenses	61.3	46.9
Unrealized investment gains, net	194.3	249.0
Tax on unrepatriated earnings	20.0	12.3
Other	0.4	-
Deferred tax liabilities	$           734.9	$           584.7
Net deferred tax liabilities	$           373.9	$           234.5

Reconciliation Of Beginning And Ending Balance Of Unrecognized Tax

	Fiscal 2011	Fiscal 2010	Fiscal 2009
Unrecognized tax benefits at beginning of year	$     107.2	$       92.8	$        404.2
Additions for tax positions	9.7	13.3	19.0
Reductions for tax positions	(2.4)	(2.1)	(6.4)
Additions for tax positions of prior periods	17.3	29.6	111.4
Reductions for tax positions of prior periods	(23.3)	(1.0)	(207.7)
Settlements with tax authorities	(4.5)	(5.0)	(216.9)
Expiration of the statute of limitations	(0.4)	(20.3)	(3.5)
Impact of foreign exchange rate fluctuations	2.1	(0.1)	(7.3)
Unrecognized tax benefits at end of year	$     105.7	$     107.2	$          92.8