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Shareholders' Equity
 3 Months Ended
Sep. 30, 2016
Equity [Abstract]  
Shareholders' Equity
11. Shareholders' Equity
During the three months ended September 30, 2016, we repurchased 3 million common shares having an aggregate cost of $250 million. The average price paid per common share was $81.37.
During the three months ended September 30, 2015, we did not repurchase any common shares.
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, 2016
$
(123
)
 
$
7

 
$
(116
)
Other comprehensive income/(loss), before reclassifications
(1
)
 
2

 
1

Amounts reclassified to earnings
—

 
(1
)
 
(1
)
Other comprehensive income/(loss), net of tax
(1
)
 
1

 
—

Balance at September 30, 2016
$
(124
)
 
$
8

 
$
(116
)

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, 2016.