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Shareholders' Equity
 6 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Shareholders' Equity
11. Shareholders' Equity
During the six months ended December 31, 2019, we repurchased 7.3 million common shares having an aggregate cost of $350 million. The average price paid per common share was $48.00. These repurchases were made under an accelerated share repurchase ("ASR") program, which began on August 20, 2019 and was completed on December 4, 2019.
During the six months ended December 31, 2018, we repurchased 11.5 million common shares having an aggregate cost of $600 million. The average price paid per common share was $52.32.
We funded the repurchases with available cash and short-term borrowings. 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, 2019
$
(95
)
 
$
16

 
$
(79
)
Other comprehensive loss, before reclassifications
(18
)
 
—

 
(18
)
Amounts reclassified to earnings
—

 
(6
)
 
(6
)
Other comprehensive loss, net of tax
(18
)
 
(6
)
 
(24
)
Balance at December 31, 2019
$
(113
)
 
$
10

 
$
(103
)