v3.26.1
SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Activity
Total expense and related recognized tax benefit were as follows:
Fiscal years ended June 30202620252024
Stock options$264 $219 $270 
RSUs and PSUs260 257 292 
Total share-based expense$524 $476 $562 
Income tax benefit$92 $85 $103 
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions Assumptions utilized in the model, which are evaluated and revised to reflect market conditions and experience, were as follows:
Fiscal years ended June 30202620252024
Interest rate3.6-4.2 %3.5-4.4 %4.6-5.5 %
Weighted average interest rate4.1 %3.7 %4.6 %
Dividend yield2.7 %2.4 %2.5 %
Expected volatility19 %18 %18 %
Expected life in years8.88.98.8
The following table provides additional information on stock options:
Fiscal years ended June 30202620252024
Weighted average grant-date fair value of options granted$33.17 $36.23 $34.25 
Intrinsic value of options exercised664 1,546 1,621 
Grant-date fair value of options that vested274 299 244 
Cash received from options exercised920 1,693 1,888 
Actual tax benefit from options exercised137 321 330 
Share-based Payment Arrangement, Option, Activity
A summary of options outstanding under the plans as of June 30, 2026, and activity during the year then ended is presented below:
OptionsOptions
(in thousands)
Weighted Average Exercise PriceWeighted Average Contractual Life in YearsAggregate Intrinsic Value
OUTSTANDING AT JULY 1, 202596,621$120.96 
Granted8,769 153.71 
Exercised(10,188)90.34 
Forfeited/expired(657)151.43 
OUTSTANDING AT JUNE 30, 202694,544 $127.07 4.8$2,143 
Exercisable69,692 $116.01 3.6$2,134 
Schedule of Nonvested Share Activity
A summary of non-vested RSUs and PSUs outstanding under the plans as of June 30, 2026, and activity during the year then ended is presented below:
RSUsPSUs
RSU and PSU awardsUnits (in thousands)Weighted Average Grant Date Fair ValueUnits (in thousands)Weighted Average Grant Date Fair Value
NON-VESTED AT JULY 1, 20253,361 $151.58 924 $166.15 
Granted1,704 152.91 585 161.53 
Vested(1,556)142.16 (506)155.87 
Forfeited(114)156.01 (30)163.05 
NON-VESTED AT JUNE 30, 20263,396 $156.41 973 $168.83