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Shareholders' Equity
6 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Shareholders' Equity
Shareholders' Equity
During the six months ended December 31, 2015, we did not repurchase any common shares.
During the six months ended December 31, 2014, we repurchased 9.1 million common shares having an aggregate cost of $684 million. The average price paid per common share was $75.00. 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 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, 2015
$
(41
)
 
$
18

 
$
(23
)
 
 
 
 
 
 
Other comprehensive loss, net of tax before reclassifications
(73
)
 
(1
)
 
(74
)
Amounts reclassified to earnings

 

 

Total other comprehensive loss
(73
)
 
(1
)
 
(74
)
 
 
 
 
 
 
Balance at December 31, 2015
$
(114
)
 
$
17

 
$
(97
)

Activity related to realized and unrealized gains and losses on available-for-sale securities, as described in Note 5, was immaterial during the three and six months ended December 31, 2015.