Share-Based Compensation (Tables)

9 Months Ended

Mar. 31, 2017

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:

	Three Months Ended March 31,
(in millions)	2017		2016
Restricted share unit expense	$	18	$	18
Employee stock option expense	4		6
Performance share unit expense	3		2
Total share-based compensation	$	25	$	26

	Nine Months Ended March 31,
(in millions)	2017		2016
Restricted share unit expense	$	53	$	53
Employee stock option expense	14		16
Performance share unit expense	6		13
Total share-based compensation	$	73	$	82

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, 2016	7		$	54.09
Granted	1		83.11
Exercised	(1	)	37.46
Canceled and forfeited	—		—
Outstanding at March 31, 2017	7		$	62.99
Exercisable at March 31, 2017	4		$	52.28

Schedule of Additional Data Related to Stock Option Activity

The following tables provide additional detail related to stock options:

(in millions)	March 31, 2017		June 30, 2016
Aggregate intrinsic value of outstanding options at period end	$	130	$	181
Aggregate intrinsic value of exercisable options at period end	127		161

(in years)	March 31, 2017	June 30, 2016
Weighted-average remaining contractual life of outstanding options	7	6
Weighted-average remaining contractual life of exercisable options	6	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, 2016	2		$	71.73
Granted	1		82.37
Vested	(1	)	68.81
Canceled and forfeited	—		—
Nonvested at March 31, 2017	2		$	76.96

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, 2016	0.8		$	63.96
Granted	0.2		83.19
Vested (1)	(0.4	)	51.49
Canceled and forfeited	—		—
Nonvested at March 31, 2017	0.6		$	77.86

(1) Vested based on achievement of 139 percent of the target performance goal.