v3.26.1
Share-based Compensation (Tables)
12 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule Weighted-average Grant Date Fair Value of Equity Incentive Plan The weighted-average grant date fair values by type of equity incentive plan for awards granted in fiscal years 2026, 2025, and 2024 were as follows:
Years ended June 30,
(in $ per unit of award)202620252024
Share options (1)$5.06 $9.37 $7.25 
Restricted share units41.49 52.98 47.21 
Performance rights/shares (2)33.69 41.60 31.85 
Share rights36.50 46.98 42.10 
(1)The fair values of share options issued in fiscal year 2026 were determined using the Black-Scholes option pricing model. The fair values of shares options issued in fiscal years 2025 and 2024 were determined using the Black-Scholes option pricing model and Monte Carlo simulations. The following key assumptions were used for the fiscal years ended June 30, 2026, 2025, and 2024, respectively: risk-free interest rate of 3.8% (2025: 3.6%, 2024: 4.6%), expected share-price volatility of 23.9% (2025: 23.3%, 2024: 21.8%), expected dividend yield of 6.2% (2025: 5.0%, 2024: 5.2%), and expected life of options of 6.5 years (2025: 5.7 years, 2024: 6.6 years).
(2)The fair values of performance rights/shares were determined using discounting and Monte Carlo simulations. The key assumptions for the fiscal years ended June 30, 2026, 2025, and 2024, respectively, were: risk-free interest rate of 3.5% (2025: 3.5%, 2024: 4.8%), expected share-price volatility of 23.3% (2025: 23.9%, 2024: 23.4%), and expected dividend yield of 6.2% (2025: 4.5%, 2024: 5.2%).
Schedule of Changes in Share Options Changes in outstanding share options were as follows:
Share options
NumberWeighted-average Exercise Price
(in millions)
Share options outstanding at June 30, 2025
6.2 $50.88 
Granted5.2 41.43 
Exercised(0.1)40.39 
Forfeited(2.7)52.79 
Share options outstanding at June 30, 2026
8.6 $44.77 
Vested and exercisable at June 30, 2026
0.7 $58.22 
Schedule of Changes in Restricted Shares/Units, Performance Shares/Units and Share Rights Changes in outstanding other equity incentive plans and the fair values vested are presented below:
Restricted share unitsPerformance rights/sharesShare rights
NumberWeighted-average Grant Date Fair ValueNumberWeighted-average Grant Date Fair ValueNumberWeighted-average Grant Date Fair Value
(in millions)(in millions)(in millions)
Outstanding at June 30, 20250.5 $50.01 2.4 $37.63 3.4 $46.70 
Granted1.1 41.49 2.8 33.69 0.3 36.50 
Vested(0.3)48.07 — 37.34 (1.6)46.09 
Forfeited(0.1)42.53 (1.1)38.51 (0.1)45.15 
Outstanding at June 30, 20261.2 $41.93 4.1 $34.62 2.0 $45.81 
Fair value vested
($ in millions)
Restricted share unitsPerformance rights/sharesShare rights
Year Ended June 30, 2026$18 $— $74 
Year Ended June 30, 202525 15 
Year Ended June 30, 202414 24