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Shareholders' Equity
 9 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Shareholders' Equity
Shareholders' Equity
During the nine months ended March 31, 2016, we repurchased 3.7 million common shares having an aggregate cost of $300 million. The average price paid per common share was $80.72.
During the nine months ended March 31, 2015, we repurchased 9.1 million common shares having an aggregate cost of $684 million. The average price paid per common share was $75.00.
We funded the repurchases with available cash. The common shares repurchased are held in treasury to be used for general corporate purposes.
Accumulated Other Comprehensive Loss
The following table summarizes the changes in the balance of accumulated other comprehensive loss by component and in total:
(in millions)
Foreign
Currency
Translation
Adjustments
 
Unrealized
Gain/(Loss) on
Derivatives,
net of tax
 
Accumulated Other
Comprehensive
Loss
Balance at June 30, 2015
$
(41
)
 
$
18

 
$
(23
)
 
 
 
 
 
 
Other comprehensive loss, net of tax before reclassifications
(57
)
 
(4
)
 
(61
)
Amounts reclassified to earnings
—

 
—

 
—

Total other comprehensive loss
(57
)
 
(4
)
 
(61
)
 
 
 
 
 
 
Balance at March 31, 2016
$
(98
)
 
$
14

 
$
(84
)

Activity related to realized and unrealized gains and losses on available-for-sale securities, as described in Note 5, was immaterial during the three and nine months ended March 31, 2016.