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Shareholders' Equity
3 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Shareholders' equity Shareholders' Equity
    The changes in ordinary and treasury shares during the three months ended September 30, 2025, and 2024 were as follows:

Ordinary SharesTreasury Shares
(shares and $ in millions)Number of SharesAmountNumber of SharesAmount
Balance as of June 30, 20241,445 $14 1 $(11)
Options exercised and shares vested— — (4)45 
Purchase of treasury shares— — (43)
Balance as of September 30, 20241,445 $14 1 $(9)
Balance as of June 30, 20252,305 $23  $(6)
Options exercised and shares vested— — (1)18 
Purchase of treasury shares— — (22)
Issuance of shares
— (25)
Balance as of September 30, 20252,308 $23 4 $(35)

    The changes in the components of accumulated other comprehensive loss, net of tax, during the three months ended September 30, 2025, and 2024 were as follows:

Foreign Currency TranslationNet Investment HedgePensionEffective DerivativesTotal Accumulated Other Comprehensive Loss
($ in millions)
Balance as of June 30, 2024$(931)$(13)$(55)$(21)$(1,020)
Other comprehensive income before reclassifications— 12 14 
Amounts reclassified from accumulated other comprehensive loss— — — — — 
Net current period other comprehensive income— 12 14 
Balance as of September 30, 2024$(930)$(13)$(54)$(9)$(1,006)
Balance as of June 30, 2025$(910)$(73)$(53)$(27)$(1,063)
Other comprehensive income / (loss) before reclassifications(4)20 — 23 
Amounts reclassified from accumulated other comprehensive loss— — 
Net current period other comprehensive income / (loss)(4)20 26 
Balance as of September 30, 2025$(914)$(53)$(52)$(18)$(1,037)
    The following tables provide details of amounts reclassified from AOCI into income:

Three Months Ended September 30,
($ in millions)20252024
Amortization of pension:
Amortization of prior service credit$(1)$(1)
Amortization of actuarial loss
Effect of pension settlement/curtailment
— — 
Total before tax effect— 
Tax effect on amounts reclassified into earnings
— — 
Total net of tax$1 $ 
(Gains)/Losses on cash flow hedges:
Commodity contracts$$(1)
Forward exchange contracts— — 
Treasury locks
Total before tax effect— 
Tax effect on amounts reclassified into earnings
— — 
Total net of tax$2 $ 

Forward contracts to purchase own shares

    The Company's employee share plans require the delivery of shares to employees in the future when rights vest or vested options are exercised. The Company acquired shares on the open market to deliver shares to employees to satisfy vesting or exercising commitments which exposes the Company to market price risk.

    As of June 30, 2025, the Company had forward contracts outstanding that were entered into in September 2022 to purchase 2 million shares at a weighted average price of $12.16. During the three months ended September 30, 2025, the Company settled the remaining forward contracts and therefore had no such contracts outstanding as of September 30, 2025.

    As of June 30, 2025, the forward contracts to purchase the Company's own shares were included in other current liabilities in the unaudited condensed consolidated balance sheets. Equity is reduced by an amount equal to the fair value of the shares at inception. The carrying value of the forward contracts was determined based on the present value of the cost required to settle the contracts.