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Shareholders' Equity
3 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Shareholders' Equity
Shareholders' Equity
Share Repurchases
During the three months ended September 30, 2014, we repurchased 4.8 million common shares having an aggregate cost of $360 million. The average price paid per common share was $74.36.
During the three months ended September 30, 2013, we repurchased 1.0 million common shares having an aggregate cost of $50 million. The average price paid per common share was $51.65.
We funded the repurchases with available cash. The common shares repurchased are held in treasury to be used for general corporate purposes.
Accumulated Other Comprehensive Income
The following table summarizes the changes in the balance of accumulated other comprehensive income by component and in total:
(in millions)
Foreign
Currency
Translation
Adjustments
 
Unrealized
Gain on
Derivatives,
net of tax
 
Accumulated Other
Comprehensive
Income
Balance at June 30, 2014
$
63

 
$
7

 
$
70

 
 
 
 
 
 
Other comprehensive loss, net of tax before reclassifications
(24
)
 

 
(24
)
Amounts reclassified to earnings

 

 

Total other comprehensive loss, net of tax
(24
)
 

 
(24
)
Balance at September 30, 2014
$
39

 
$
7

 
$
46


Activity related to realized and unrealized gains and losses on available-for-sale securities as described in Note 5, was immaterial during the three months ended September 30, 2014.