v3.26.1
Stock Incentive Plans (Tables)
12 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Total Stock-Based Compensation Expense and Related Tax Benefits
Total stock-based compensation expense and the related tax benefits were as follows:
For the years ended June 30,202620252024
Stock-based compensation expense$179 $159 $156 
Income tax benefits$24 $23 $20 
Schedule of Fair Value of Each SAR Award Granted Using a Black-Scholes Option Pricing Model
The fair value of each SAR award granted in 2026, 2025 and 2024 was estimated at the date of grant using a Black-Scholes option pricing model.
202620252024
Weighted-average grant date fair value$275.32 $205.79 $146.72 
Assumptions
Risk-free interest rate3.9 %3.7 %4.4 %
Expected life of award5.8 years5.7 years5.5 years
Expected dividend yield of stock1.0 %1.1 %1.8 %
Expected volatility of stock36.1 %35.7 %39.0 %
Schedule of SAR Activity
SAR activity during 2026 is as follows:    
(Shares in thousands)Number of SharesWeighted-Average Exercise PriceWeighted-Average Remaining Contractual TermAggregate Intrinsic Value
Outstanding June 30, 20253,088 $288.60 
Granted312 $742.97 
Exercised(769)$210.35 
Canceled and forfeited(14)$614.25 
Outstanding June 30, 20262,617 $364.09 5.8 years$1,607 
Exercisable June 30, 20261,927 $275.85 4.9 years$1,353 
Schedule of Status and Changes of Shares Subject to RSU Awards and Related Average Price Per Share
A summary of the status and changes of shares subject to SAR awards and the related average price per share follows:
(Shares in thousands)Number of
Shares
Weighted-Average Grant Date Fair Value
Nonvested June 30, 2025857 $159.29 
Granted312 $275.32 
Vested(466)$141.19 
Canceled and forfeited(14)$228.33 
Nonvested June 30, 2026689 $222.72 
Schedule of Status and Changes of Shares Subject to RSU and LTIP Awards for Employees and Related Average Price Per Share
A summary of the status and changes of shares subject to RSU and LTIP awards for employees and the related average price per share follows:
RSULTIP Awards
(Shares in thousands)Number of
Shares
Weighted-Average Grant Date Fair ValueNumber of
Shares
Weighted-Average Grant Date Fair Value
Nonvested June 30, 2025146 $449.11 275 $438.35 
Granted(1)
53 $748.78 143 $540.23 
Vested(77)$404.16 (215)$309.58 
Canceled(5)$599.71 (7)$622.75 
Nonvested June 30, 2026117 $607.65 196 $647.72 
(1) LTIP awards granted includes an adjustment for actual performance achieved.
Schedule of Fair Value Information and Stock Issued and Surrendered for Long Term Incentive Plans A summary of the fair value information for awards vested and granted were as follows:
Fair Value of Awards VestedWeighted-Average Grant Date Fair Value
For the years ended June 30,202620252024202620252024
RSU$31 $30 $29 $748.78 $582.76 $401.86 
LTIP awards$65 $64 $45 $540.23 $465.01 $380.97