Share-Based Compensation and Savings Plans (Tables)

9 Months Ended

Mar. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Total Share-based Compensation Expense by Type of Award

The following tables provide total share-based compensation expense by type of award:

	Three Months Ended March 31
(in millions)	2016		2015
Restricted share unit expense	$	18	$	18
Employee stock option expense	6		6
Performance share unit expense	2		3
Total share-based compensation	$	26	$	27

	Nine Months Ended March 31
(in millions)	2016		2015
Restricted share unit expense	$	53	$	52
Employee stock option expense	16		16
Performance share unit expense	13		12
Total share-based compensation	$	82	$	80

Schedule of 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, 2015	8		$	46.50
Granted	1		84.16
Exercised	(1	)	39.52
Canceled and forfeited	—		—
Outstanding at March 31, 2016	8		$	53.62
Exercisable at March 31, 2016	5		$	42.33

Schedule of Additional Data Related to Stock Option Activity

The following table provides additional detail related to stock options:

(in millions)	March 31, 2016		June 30, 2015
Aggregate intrinsic value of outstanding options at period end	$	217	$	281
Aggregate intrinsic value of exercisable options at period end	191		193
Weighted-average remaining contractual life of outstanding options (in years)	6		6
Weighted-average remaining contractual life of exercisable options (in years)	5		5

Schedule of Transactions Related to Restricted Share Units Under the Plans

The following table summarizes all transactions related to restricted share units under the Plans:

(in millions, except per share amounts)	Restricted Share Units		Weighted-Average Grant Date Fair Value per Share
Nonvested at June 30, 2015	3		$	59.69
Granted	1		84.01
Vested	(1	)	54.15
Canceled and forfeited	—		—
Nonvested at March 31, 2016	3		$	71.41

Schedule of 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, 2015	0.9		$	50.31
Granted	0.3		84.26
Vested (1)	(0.4	)	39.81
Canceled and forfeited	—		—
Nonvested at March 31, 2016	0.8		$	62.51

(1) Vested based on achievement of 133 percent of the target performance goal.