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Shareholders' Equity
3 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Shareholders' Equity
9. Shareholders' Equity
During the three months ended September 30, 2019, we entered in an accelerated share repurchase ("ASR") program to purchase common shares for an aggregate purchase price of $350 million and received an initial delivery of 6.4 million common shares having an aggregate cost of $280 million. The average price paid per common share was $43.76. The ASR program began on August 20, 2019 and was completed on December 4, 2019 when we received the final 0.9 million common shares. We funded the repurchases with available cash and short-term borrowings.
The common shares repurchased are held in treasury to be used for general corporate purposes.
Accumulated Other Comprehensive Loss
The following table summarizes the changes in the balance of accumulated other comprehensive loss by component and in total:
(in millions)Foreign
Currency
Translation
Adjustments
Unrealized
Gain/(Loss) on
Derivatives,
net of tax
Accumulated Other
Comprehensive
Loss
Balance at June 30, 2020$(92)$(12)$(104)
Other comprehensive income, before reclassifications12 15 
Amounts reclassified to earnings— 2 
Total other comprehensive income attributable to Cardinal Health, Inc., net of tax12 17 
Balance at September 30, 2020$(80)$(7)$(87)