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EMPLOYEE BENEFIT PLANS
9 Months Ended
Mar. 31, 2016
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 and nine months ended March 31, 2016 and 2015:
 
Three Months Ended March 31,
 
Pension Plans
 
Other Post-
Employment
 
 
 
U.S.
 
International
 
Benefits
 
Total
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
Service cost
$

 
$

 
$
1.7

 
$
1.5

 
$
0.3

 
$
0.7

 
$
2.0

 
$
2.2

Interest cost
0.8

 
0.8

 
0.9

 
1.2

 
0.5

 
1.0

 
2.2

 
3.0

Expected return on plan assets
(0.6
)
 
(0.7
)
 
(0.3
)
 
(0.4
)
 

 

 
(0.9
)
 
(1.1
)
Amortization of prior service (credit) cost

 

 
0.1

 

 
(1.4
)
 
(0.1
)
 
(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

 
$
3.2

 
$
(0.6
)
 
$
1.6

 
$
3.1

 
$
5.4

 
Nine Months Ended March 31,
 
Pension Plans
 
Other Post-
Employment
 
 
 
U.S.
 
International
 
Benefits
 
Total
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
Service cost
$

 
$

 
$
5.1

 
$
4.4

 
$
0.9

 
$
1.9

 
$
6.0

 
$
6.3

Interest cost
2.4

 
2.5

 
2.7

 
3.7

 
1.5

 
2.9

 
6.6

 
9.1

Expected return on plan assets
(1.8
)
 
(2.3
)
 
(0.9
)
 
(1.0
)
 

 

 
(2.7
)
 
(3.3
)
Amortization of prior service (credit) cost

 

 
0.3

 
0.2

 
(4.2
)
 
(0.1
)
 
(3.9
)
 
0.1

Amortization of net loss
0.9

 
1.5

 
2.4

 
2.7

 

 

 
3.3

 
4.2

Curtailment gain

 

 

 
(0.7
)
 

 

 

 
(0.7
)
Net periodic benefit cost (credit)
$
1.5

 
$
1.7

 
$
9.6

 
$
9.3

 
$
(1.8
)
 
$
4.7

 
$
9.3

 
$
15.7


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 March 31, 2016, 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.