Annual report pursuant to Section 13 and 15(d)

Share-based Compensation and Other Benefit Plans (Tables)

v3.22.2.2
Share-based Compensation and Other Benefit Plans (Tables)
12 Months Ended
Jun. 30, 2022
Share-based Compensation and Other Benefit Plans  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Year Ended June 30, 

    

2022

2021

2020

Dividend yield

0.27

%

0.47

%

0.67

%

Expected volatility

27%-33

%

25%-30

%

22%-24

%

Risk-free interest rates

0.6%-2.6

%

0.2%-0.7

%

1.3%-1.9

%

Expected lives (years)

4.3

4.4

4.0

Share-based Payment Arrangement, Option, Activity [Table Text Block]

Stock option activity under the Plans for the three years ended June 30, 2022, consists of the following (shares in thousands):

    

    

Weighted

    

Aggregate

    

Weighted

Number of 

Average

Intrinsic

Average

Shares (in

Exercise

Value

Contractual

thousands)

Price

(millions)

Life (years)

Outstanding at June 30, 2019

 

3,656

$

121.16

 

  

 

  

Granted

 

752

 

190.80

 

  

 

  

Forfeited

 

(56)

 

95.97

 

  

 

  

Exercised

 

(743)

 

157.45

 

  

 

  

Outstanding at June 30, 2020

 

3,609

$

140.28

 

  

 

  

Granted

 

763

 

277.75

 

  

 

  

Forfeited

 

(28)

 

214.33

 

  

 

  

Exercised

 

(627)

 

112.53

 

  

 

  

Outstanding at June 30, 2021

 

3,717

$

172.63

 

  

 

  

Granted

 

348

 

480.59

 

  

 

  

Forfeited

 

(135)

 

348.18

 

  

 

  

Exercised

 

(613)

 

134.45

 

  

 

  

Outstanding at June 30, 2022

 

3,317

$

204.82

$

470.5

 

3.6

Exercisable at June 30, 2020:

 

1,564

 

112.60

 

  

 

  

Exercisable at June 30, 2021:

 

1,764

 

126.44

 

  

 

  

Exercisable at June 30, 2022:

 

1,949

 

147.97

 

387.3

 

2.6

Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]

Restricted common stock activity under the Plans for the three years ended June 30, 2022, consists of the following (units in thousands):

    

    

    

Weighted

Average

Weighted

Remaining

Number of

Average Grant

Contractual

Shares (in

Date Fair

Term

thousands)

Value

(years)

Unvested at June 30, 2019

 

30

$

147.94

 

  

Granted

 

15

 

193.48

 

  

Vested

 

(18)

 

142.12

 

  

Forfeited

 

 

 

  

Unvested at June 30, 2020

 

28

$

177.20

 

  

Granted

 

12

 

264.73

 

  

Vested

 

(17)

 

171.64

 

  

Forfeited

 

 

 

  

Unvested at June 30, 2021

 

23

$

226.07

 

  

Granted

 

7

 

489.34

 

  

Vested

 

(14)

 

218.28

 

  

Forfeited

 

 

 

  

Unvested at June 30, 2022

 

16

$

343.30

6.03

Restricted stock unit activity under the Plans for the three years ended June 30, 2022, consists of the following (units in thousands):

Weighted 

Average 

Weighted 

Remaining 

Number of 

Average Grant 

Contractual 

Units 

Date Fair

Term 

    

(in thousands)

    

 Value

    

(years)

Outstanding at June 30, 2019

 

139

 

$

134.17

 

  

Granted

 

31

 

192.08

 

  

Vested

 

(51)

 

111.07

 

  

Forfeited

 

(3)

 

155.60

 

  

Outstanding at June 30, 2020

 

116

 

$

159.25

 

  

Granted

 

31

 

300.78

 

  

Vested

 

(51)

 

130.18

 

  

Forfeited

 

 

 

  

Outstanding at June 30, 2021

 

96

 

$

220.53

 

  

Granted

 

28

 

470.38

 

  

Vested

 

(37)

 

178.46

 

  

Forfeited

 

(12)

 

417.35

 

  

Outstanding at June 30, 2022

 

75

 

$

302.15

 

5.42