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, 2012

Stock option activity, under the Plans for the three years ended June 30, 2012, consists of the following (shares in thousands):


	Shares			Weighted Average Exercise Price		Weighted Avg. Contractual Life (Yrs.)		Aggregate Intrinsic Value
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
Granted		95			71.94
Forfeited		(2	)		76.15
Exercised		(17	)		50.98

Outstanding at June 30, 2012		575		$	65.78		5.8		$5.1 million

Exercisable at June 30:
2010		367		$	51.96
2011		309			58.80
2012		403			62.67		5.7		$4.7 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,
	2012		2011		2010
Dividend yield		1.5%		1.5%		1.6%
Expected volatility		22%-23%		22%-27%		22%-30%
Risk-free interest rates		0.9%-2.0%		1.3%-2.3%		1.7%-3.1%
Expected lives		6 years		5 years		6 years