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Share-Based Compensation and Savings Plans (Tables)
12 Months Ended
Jun. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of total share-based compensation expense by type of award
The following table provides total share-based compensation expense by type of award:
(in millions)
2013
 
2012
 
2011
Restricted share and share unit expense
$
60

 
$
55

 
$
52

Employee stock option expense
23

 
25

 
26

Performance share unit expense
10

 
6

 

Stock appreciation right (income)/expense

 
(1
)
 
2

Total
$
93

 
$
85

 
$
80

Schedule of all stock option transactions under the Plans
The following table summarizes all stock option transactions under the Plans:
(in millions, except per share amounts)
Stock
Options
 
Weighted-Average Exercise
Price per Common Share
Outstanding at June 30, 2011
23

 
$
37.02

Granted
2

 
41.58

Exercised
(2
)
 
30.26

Canceled and forfeited
(2
)
 
47.19

Outstanding at June 30, 2012
21

 
$
37.29

Granted
3

 
39.81

Exercised
(6
)
 
33.19

Canceled and forfeited
(3
)
 
46.91

Outstanding at June 30, 2013
15

 
$
36.97

Exercisable at June 30, 2013
10

 
$
36.20

Schedule of additional data related to stock option activity
The following tables provide additional data related to stock option activity:
(in millions, except per share amounts)
2013
 
2012
 
2011
Aggregate intrinsic value of outstanding options at period end
$
156

 
$
137

 
$
217

Aggregate intrinsic value of exercisable options at period end
113

 
84

 
94

Aggregate intrinsic value of exercised options
64

 
27

 
26

Cash received upon exercise
121

 
42

 
63

Cash tax disbursements realized related to exercise
(19
)
 
(4
)
 
(14
)
Total compensation cost, net of estimated forfeitures, related to unvested stock options not yet recognized, pre-tax
22

 
25

 
29

Total fair value of shares vested during the year
28

 
26

 
24

Weighted-average grant date fair value per stock option
8.15

 
9.26

 
6.40

Schedule of remaining stock option plan data
(in years)
2013
 
2012
 
2011
Weighted-average remaining contractual life of outstanding options
4
 
3
 
4
Weighted-average remaining contractual life of exercisable options
3
 
2
 
3
Weighted-average period over which stock option compensation cost is expected to be recognized
2
 
2
 
2
Schedule of the range of assumptions used to estimate the fair value of stock options
The following table provides the range of assumptions used to estimate the fair value of stock options:
 
2013
 
2012
 
2011
Risk-free interest rate
1.1%
-
1.3%
 
1.2%
-
1.3%
 
1.2%
-
1.7%
Expected volatility
29%
 
29%
 
27%
-
32%
Dividend yield
2.1%
-
2.5%
 
2.0%
-
2.1%
 
2.2%
-
2.5%
Expected life in years
6
 
6
 
5
Schedule of all transactions related to restricted shares and restricted share units under the Plans
The following table summarizes all transactions related to restricted shares and restricted share units under the Plans:
(in millions, except per share amounts)
Shares
 
Weighted-Average Grant Date Fair Value per Share
Nonvested at June 30, 2011
4

 
$
31.31

Granted
2

 
41.67

Vested
(2
)
 
32.50

Canceled and forfeited

 

Nonvested at June 30, 2012
4

 
$
35.46

Granted
2

 
40.02

Vested
(2
)
 
33.41

Canceled and forfeited
(1
)
 
38.84

Nonvested at June 30, 2013
3

 
$
38.74

Schedule of additional data related to restricted share and restricted share unit activity
The following table provides additional data related to restricted share and restricted share unit activity:
(in millions)
2013
 
2012
 
2011
Total compensation cost, net of estimated forfeitures, related to nonvested restricted share and share unit awards not yet recognized, pre-tax
$
67

 
$
67

 
$
56

Weighted-average period over which restricted share and share unit cost is expected to be recognized (in years)
2

 
2

 
2

Total fair value of shares vested during the year
$
60

 
$
54

 
$
54

Schedule of all transactions related to performance share units under the Plans
The following table summarizes all transactions related to performance share units under the Plans (based on target award amounts):
(in millions, except per share amounts)
Performance
Share Units
 
Weighted-Average Grant
Date Fair Value per Share
Nonvested at June 30, 2011

 
$

Granted
1

 
42.60

Vested

 

Canceled and forfeited

 

Nonvested at June 30, 2012
1

 
$
42.60

Granted (1)

 

Vested

 

Canceled and forfeited

 

Nonvested at June 30, 2013
1

 
$
41.37


(1)
During fiscal 2013, 350 thousand performance share units were granted at target at a weighted-average fair value of $39.81.
Schedule of additional data related to performance share unit activity
The following table provides additional data related to performance share unit activity:
(in millions)
2013
 
2012
Total compensation cost, net of estimated forfeitures, related to nonvested performance share units not yet recognized, pre-tax
$
12

 
$
12

Weighted-average period over which performance share unit cost is expected to be recognized (in years)
2

 
2