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Employee Benefit Plans (Tables)
3 Months Ended
Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Components Of Stock-Based Compensation Expense
The following table represents stock-based compensation expense and related income tax benefits for the three months ended September 30, 2015 and 2014, respectively:
 
Three Months Ended
 
September 30,
 
2015
 
2014
Operating expenses
$
5.9

 
$
7.5

Selling, general and administrative expenses
24.3

 
25.6

System development and programming costs
4.5

 
5.6

Total pre-tax stock-based compensation expense
$
34.7

 
$
38.7

 
 
 
 
Income tax benefit
$
12.6

 
$
13.9

Changes In Stock Options Outstanding
 
 

Number
of Options
(in thousands)
 

Weighted
Average Price
(in dollars)
Options outstanding at July 1, 2015
 
5,888

 
$
55

Options granted
 
1,138

 
$
75

Options exercised
 
(321
)
 
$
37

Options canceled
 
(80
)
 
$
69

Options outstanding at September 30, 2015
 
6,625

 
$
59

Time Based Restricted Shares and Units
 
 

Number of Shares
(in thousands)
 

Number of Units
(in thousands)
Restricted shares/units outstanding at July 1, 2015
 
2,137

 
486

Restricted shares/units granted
 
951

 
237

Restricted shares/units vested
 
(1,109
)
 
(245
)
Restricted shares/units forfeited
 
(41
)
 
(16
)
Restricted shares/units outstanding at September 30, 2015
 
1,938

 
462

Performance Based Restricted shares and units
 
 

Number of Shares
(in thousands)
 
Number of Units
(in thousands)
Restricted shares/units outstanding at July 1, 2015
 
903

 
534

Restricted shares/units granted
 
286

 
302

Restricted shares/units vested
 
(540
)
 
(37
)
Restricted shares/units forfeited
 
(22
)
 
(19
)
Restricted shares/units outstanding at September 30, 2015
 
627

 
780

Assumptions Used To Estimate Fair Value For Stock Options Granted
 
Three Months Ended
 
September 30,
 
2015
 
2014
Risk-free interest rate
1.6
%
 
1.9
%
Dividend yield
2.6
%
 
2.3
%
Weighted average volatility factor
25.6
%
 
22.8
%
Weighted average expected life (in years)
5.4

 
5.4

Weighted average fair value (in dollars) (A)
$
13.16

 
$
12.45



(A) The weighted average fair values of grants issued before September 30, 2014 were adjusted to reflect the impact of the spin-off of CDK.
Components Of Net Pension Expense
The components of net pension expense were as follows:
 
Three Months Ended
 
September 30,
 
2015
 
2014
Service cost – benefits earned during the period
$
17.6

 
$
19.2

Interest cost on projected benefits
16.9

 
15.8

Expected return on plan assets
(32.9
)
 
(32.5
)
Net amortization and deferral
2.8

 
4.4

Curtailments and special termination benefits

 
3.2

Net pension expense
$
4.4

 
$
10.1