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Employee Benefit Plans (Tables)
6 Months Ended
Dec. 31, 2016
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 December 31, 2016 and 2015, respectively:
 
Three Months Ended
 
Six Months Ended
 
December 31,
 
December 31,
 
2016
 
2015
 
2016
 
2015
Operating expenses
$
6.3

 
$
5.9

 
$
11.8

 
$
11.7

Selling, general and administrative expenses
24.3

 
25.7

 
45.9

 
50.0

System development and programming costs
5.2

 
4.5

 
9.2

 
9.0

Total pre-tax stock-based compensation expense
$
35.8

 
$
36.1

 
$
66.9

 
$
70.7

 
 
 
 
 
 
 
 
Income tax benefit
$
12.7

 
$
13.2

 
$
23.8

 
$
25.8

Changes In Stock Options Outstanding
Stock Options:
 
 

Number
of Options
(in thousands)
 

Weighted
Average Price
(in dollars)
Options outstanding at July 1, 2016
 
4,869

 
$
65

Options granted
 
1,231

 
$
91

Options exercised
 
(802
)
 
$
54

Options canceled/forfeited
 
(156
)
 
$
79

Options outstanding at December 31, 2016
 
5,142

 
$
73

Time Based Restricted Shares and Units
Time-Based Restricted Stock and Time-Based Restricted Stock Units:
 
 

Number of Shares
(in thousands)
 

Number of Units
(in thousands)
Restricted shares/units outstanding at July 1, 2016
 
1,889

 
434

Restricted shares/units granted
 
868

 
200

Restricted shares/units vested
 
(849
)
 
(201
)
Restricted shares/units forfeited
 
(78
)
 
(23
)
Restricted shares/units outstanding at December 31, 2016
 
1,830

 
410

Performance Based Restricted shares and units
Performance-Based Restricted Stock and Performance-Based Restricted Stock Units:
 
 

Number of Shares
(in thousands)
 
Number of Units
(in thousands)
Restricted shares/units outstanding at July 1, 2016
 
574

 
811

Restricted shares/units granted
 
172

 
309

Restricted shares/units vested
 
(311
)
 
(272
)
Restricted shares/units forfeited
 
(15
)
 
(75
)
Restricted shares/units outstanding at December 31, 2016
 
420

 
773

Assumptions Used To Estimate Fair Value For Stock Options Granted
The fair value for stock options granted was estimated at the date of grant using the following assumptions:
 
 
Six Months Ended
 
 
December 31,
 
 
2016
 
2015
Risk-free interest rate
 
1.2
%
 
1.6
%
Dividend yield
 
2.3
%
 
2.6
%
Weighted average volatility factor
 
23.2
%
 
25.6
%
Weighted average expected life (in years)
 
5.4

 
5.4

Weighted average fair value (in dollars)
 
$
14.36

 
$
13.16

Schedule of Net Benefit Costs
The components of net pension expense were as follows:
 
Three Months Ended
 
Six Months Ended
 
December 31,
 
December 31,
 
2016
 
2015
 
2016
 
2015
Service cost – benefits earned during the period
$
20.2

 
$
17.6

 
$
40.4

 
$
35.2

Interest cost on projected benefits
14.9

 
16.9

 
30.0

 
33.8

Expected return on plan assets
(33.9
)
 
(32.8
)
 
(67.9
)
 
(65.7
)
Net amortization and deferral
4.8

 
2.7

 
9.6

 
5.5

Net pension expense
$
6.0

 
$
4.4

 
$
12.1

 
$
8.8