Annual report pursuant to Section 13 and 15(d)

Share-based compensation and other benefit plans (Tables)

Share-based compensation and other benefit plans (Tables)

12 Months Ended

Jun. 30, 2011

Stock option activity, under the Plans for the three years ended June 30, 2011, consists of the following (shares in thousands):


	Shares			Weighted Average Exercise Price		Weighted Avg. Contractual Life (Yrs.)		Aggregate Intrinsic Value
Outstanding at June 30, 2008		372		$	47.36
Granted		47			65.07
Exercised		(21	)		46.43

Outstanding at June 30, 2009		398			49.49
Granted		115			64.71
Exercised		(73	)		44.67

Outstanding at June 30, 2010		440			56.26
Granted		188			71.71
Exercised		(129	)		41.48

Outstanding at June 30, 2011		499		$	64.15		6.2	$	9.6 million

Exercisable at June 30:
2009		379		$	48.96
2010		367			51.96
2011		309			58.80		6.0	$	7.6 million

Assumptions Used in Black-Scholes Option-Pricing Model

The fair values of options granted under the Plans were estimated on the date of grant using the Black-Scholes option-pricing model with the following assumptions used:


	Year Ended June 30,
	2011		2010		2009
Dividend yield		1.5%		1.6%		1.6%
Expected volatility		22%-27%		22%-30%		24%-37%
Risk-free interest rates		1.3%-2.3%		1.7%-3.1%		2.9%-3.5%
Expected lives		5 years		6 years		7 years