EMPLOYEE BENEFIT PLANS

3 Months Ended

Sep. 30, 2015

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plans

EMPLOYEE BENEFIT PLANS

The components of net periodic benefit cost for pension plans and other post-employment benefit plans recognized in the Condensed Consolidated Statements of Operations are presented below for the three months ended September 30, 2015 and 2014:

	Three Months Ended September 30,
	Pension Plans												Other Post- Employment
	U.S.						International						Benefits					Total
	2015			2014			2015			2014			2015			2014		2015			2014
Service cost	$	—		$	—		$	1.7		$	1.5		$	0.3		$	0.6	$	2.0		$	2.1
Interest cost	0.8			0.9			0.9			1.2			0.5			1.0		2.2			3.1
Expected return on plan assets	(0.6		)	(0.8		)	(0.3		)	(0.3		)	—			—		(0.9		)	(1.1		)
Amortization of prior service (credit) cost	—			—			0.1			0.1			(1.4		)	—		(1.3		)	0.1
Amortization of net loss	0.3			0.5			0.8			0.9			—			—		1.1			1.4
Net periodic benefit cost (credit)	$	0.5		$	0.6		$	3.2		$	3.4		$	(0.6	)	$	1.6	$	3.1		$	5.6

In June 2015, the Board approved the termination of the U.S. Del Labs pension plan with a proposed plan termination date of September 30, 2015. On July 31, 2015, the Company filed a determination letter request with the IRS to approve the termination of the U.S. Del Labs pension plan. As of September 30, 2015, the Company has not received notification from the IRS in response to the determination letter request. The Company expects the termination of the plan will be completed during fiscal 2017. The Company intends to fully fund the plan to provide for all plan benefits prior to the date assets are distributed with the plan termination. Settlement gain or loss, if any, resulting from the termination will be recognized at that time.