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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Sep. 30, 2011

Schedule of fair values of the derivative financial instruments included in the consolidated balance sheets

	Asset Derivatives					Liability Derivatives
		Fair Value (1)					Fair Value (1)
(In millions)	Balance Sheet Location	September 30 2011		June 30 2011		Balance Sheet Location	September 30 2011		June 30 2011
Derivatives Designated as Hedging Instruments:
Foreign currency forward contracts	Prepaid expenses and other current assets	$	21.4	$	11.9	Other accrued liabilities	$	5.5	$	28.4

Derivatives Not Designated as Hedging Instruments:
Foreign currency forward contracts	Prepaid expenses and other current assets	3.8		3.1		Other accrued liabilities	7.8		2.5

Total Derivatives		$	25.2	$	15.0		$	13.3	$	30.9

(1) See Note 5 — Fair Value Measurements for further information about how the fair value of derivative assets and liabilities are determined.

Schedule of gains and losses related to derivative financial instruments designated as hedging instruments

	Amount of Gain or (Loss) Recognized in OCI on Derivatives (Effective Portion)					Location of Gain or (Loss) Reclassified	Amount of Gain or (Loss) Reclassified from Accumulated OCI into Earnings (Effective Portion) (2)
	Three Months Ended					from Accumulated	Three Months Ended
	September 30					OCI into Earnings	September 30
(In millions)	2011		2010			(Effective Portion)	2011			2010

Derivatives in Cash Flow Hedging Relationships:

Foreign currency forward contracts	$	33.3	$	(13.9	)	Cost of sales	$	0.6		$	(0.3	)
						Selling, general and administrative	(2.1		)	—
Total derivatives	$	33.3	$	(13.9	)		$	(1.5	)	$	(0.3	)

(2) The amount of gain (loss) recognized in earnings related to the amount excluded from effectiveness testing was $(2.4) million and $0.3 million for the three months ended September 30, 2011 and 2010, respectively. There was a de minimis gain recognized in earnings related to the ineffective portion of the hedging relationships for the three months ended September 30, 2011. There was no gain (loss) recognized in earnings related to the ineffective portion of the hedging relationships for the three months ended September 30, 2010.

		Amount of Gain or (Loss) Recognized in Earnings on Derivatives (3)
	Location of Gain or (Loss)	Three Months Ended
	Recognized in Earnings on	September 30
(In millions)	Derivatives	2011		2010
Derivatives in Fair Value Hedging Relationships:

Interest rate swap contracts	Interest expense, net	$	—	$	8.7

(3) Changes in the fair values of the interest rate swap agreements are exactly offset by changes in the fair value of the underlying long-term debt.

Schedule of gains and losses related to derivative financial instruments not designated as hedging instruments

		Amount of Gain or (Loss) Recognized in Earnings on Derivatives
	Location of Gain or (Loss)	Three Months Ended
	Recognized in Earnings on	September 30
(In millions)	Derivatives	2011			2010
Derivatives Not Designated as Hedging Instruments:

Foreign currency forward contracts	Selling, general and administrative	$	(4.5	)	$	0.4

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

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