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INTEREST EXPENSE, NET (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Interest Income (Expense), Net [Abstract]          
Interest expense $ 33.1   $ 18.4 $ 73.4 $ 55.2
Foreign exchange (gains) losses, net of derivative contracts [1] (6.2)   (0.1) (14.9) 3.6
Interest income (1.8)   (0.7) (2.8) (2.5)
Total interest expense, net $ 25.1   $ 17.6 55.7 $ 56.3
Gain on short term forward contracts   $ 11.1   $ 11.1  
[1] During the second quarter of fiscal 2016, the Company recorded a gain of $11.1 related to short-term forward contracts to exchange Euros for U.S. Dollars related to the Euro tranche of debt issued during the quarter. These short-term forward contracts were entered into to facilitate the repayment of the Company’s then existing U.S. Dollar denominated term loans as part of the debt refinancing discussed in Note 9. Fluctuations in exchange rates between the dates the short-term forward contracts were entered into and the settlement date resulted in a gain upon settlement of $11.1 included within Total interest expense, net for the nine months ended March 31, 2016 in the Company’s Condensed Consolidated Statements of Operations.