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Share-based Compensation (Tables) | 12 Months Ended
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Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Weighted-average assumptions used to determine the fair value | 2017, 2016 and 2015 were estimated using the following assumptions:
| Fiscal Years
| 2017 |  | 2016 |  | 2015
Options |  |  |  |  |  |  |  |
Expected term (in years) | 4.2 |  |  | 2.1 - 4.2 |  |  | 4.2 |
Volatility | 38 - 42% |  |  | 33 - 48% |  |  | 33 - 35% |
Weighted-average volatility | 39 | % |  | 36 | % |  | 34 | %
Expected dividend rate | 4.9 - 6.4% |  |  | 4.6 - 11.0% |  |  | 2.9 - 4.0% |
Weighted-average expected dividend rate | 6.3 | % |  | 5.6 | % |  | 3.0 | %
Risk-free interest rate | 1.1 - 1.8% |  |  | 0.6 - 1.5% |  |  | 1.1 - 1.5% |
Weighted-average fair value | $ | 6.83 |  |  | $ | 12.28 |  |  | $ | 12.98 |
RSU |  |  |  |  |
Expected term (in years) | 4.2 |  |  | 4.2 |  |  | 4.2 |
Expected dividend rate | 4.6 - 7.7% |  |  | 4.6 - 11.0% |  |  | 2.9% - 4.0% |
Weighted-average expected dividend rate | 6.4 | % |  | 5.16 | % |  | 3.11 | %
Weighted-average fair value | $ | 30.85 |  |  | $ | 41.47 |  |  | $ | 46.1 |
ESPP |  |  |  |  |  |  |  |
Expected term (in years) | 0.5 |  |  | 0.5 |  |  | 0.5 |
Volatility | 36 - 49% |  |  | 28 - 46% |  |  | 28 - 29% |
Weighted-average volatility | 43 | % |  | 39 | % |  | 28 | %
Expected dividend rate | 5.6 - 7.8% |  |  | 4.6 - 8.3% |  |  | 3.0 - 3.8% |
Weighted-average expected dividend rate | 6.8 | % |  | 6.9 | % |  | 3.4 | %
Risk-free interest rate | 0.4 - 0.6% |  |  | 0.2 - 0.5% |  |  | 0.1 | %
Weighted-average fair value | $ | 9.78 |  |  | $ | 9.08 |  |  | $ | 12.21 |
PSUs subject to market condition |  |  |  |  |  |  |  |
Expected term (in years) | 3.0 |  |  | 3.0 |  |  | 3.0 |
Volatility | 41 - 42% |  |  | 30 | % |  | 40 | %
Weighted-average volatility | 41 | % |  | 30 | % |  | 40 | %
Expected dividend rate | 6.3-7.0% |  |  | 4.3 | % |  | 2.8 | %
Weighted-average expected dividend rate | 7.0 | % |  | 4.3 | % |  | 2.8 | %
Risk-free interest rate | 0.9 - 1.3% |  |  | 1.1 | % |  | 1.1 | %
Weighted-average fair value | $ | 32.41 |  |  | $ | 47.34 |  |  | $ | 58.31 |
PSUs subject to an AEPS condition |  |  |  |  |
Expected term (in years) | 4.2 |  |  | 4.2 |  |  | 4.2 |
Expected dividend rate | 5.9 - 6.4% |  |  | 4.6 - 7.3% |  |  | 3.0 - 4.0% |
Weighted-average expected dividend rate | 6.2 | % |  | 5.9 | % |  | 3.3 | %
Weighted-average fair value | $ | 31.61 |  |  | $ | 42.09 |  |  | $ | 46.52 |
Stock option activity | The Company issues new ordinary shares upon exercise of stock options. The following is a summary of option activities:
Options |  | Number of Shares |  | Weighted- Average Exercise Price |  | Weighted- Average Remaining Contractual Term |  | Aggregate Intrinsic Value
|  | (In millions) |  |  |  | (In years) |  | (Dollars in millions)
Outstanding at July 1, 2016 |  | 5.4 |  |  | $ | 34.91 |  |  | 4.6 |  | $14
Granted |  | 2.3 |  |  | $ | 36.78 |  |  |  |  |
Exercised |  | (1.6 | ) |  | $ | 19.87 |  |  |  |  |
Forfeitures |  | (0.3 | ) |  | $ | 41.07 |  |  |  |  |
Expirations |  | (0.1 | ) |  | $ | 47.66 |  |  |  |  |
Outstanding at June 30, 2017 |  | 5.7 |  |  | $ | 39.24 |  |  | 5.0 |  | $22
Vested and expected to vest at June 30, 2017 |  | 5.5 |  |  | $ | 39.28 |  |  | 5.0 |  | $21
Exercisable at June 30, 2017 |  | 2.1 |  |  | $ | 39.82 |  |  | 3.6 |  | $12
Nonvested share activity | The following is a summary of nonvested award activities which do not contain a performance condition:
Nonvested Awards |  | Number of Shares |  | Weighted- Average Grant- Date Fair Value
|  | (In millions) |  |
Nonvested at July 1, 2016 |  | 4.8 |  |  | $ | 39.95 |
Granted |  | 3.1 |  |  | $ | 30.85 |
Forfeitures |  | (0.7 | ) |  | $ | 39.72 |
Vested |  | (2.0 | ) |  | $ | 37.02 |
Nonvested at June 30, 2017 |  | 5.2 |  |  | $ | 35.75 |
Performance award activity | The following is a summary of nonvested award activities which contain a performance condition:
Performance Awards |  | Number of Shares |  | Weighted- Average Grant- Date Fair Value
|  | (In millions) |  |
Performance units at July 1, 2016 |  | 1.4 |  |  | $ | 47.41 |
Granted |  | 0.8 |  |  | $ | 32.16 |
Forfeitures |  | (0.3 | ) |  | $ | 41.06 |
Vested |  | (0.4 | ) |  | $ | 41.91 |
Performance units at June 30, 2017 |  | 1.5 |  |  | $ | 41.88 |

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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options and employee stock purchase plans, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. Also includes disclosure of the weighted average fair value of nonvested and performance shares. + References No definition available. + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested performance-based units. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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