DERIVATIVE INSTRUMENTS (Tables)

12 Months Ended

Jun. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Amount of gains and losses recognized in OCI

The amount of gains and losses recognized in OCI in the Consolidated Balance Sheets related to the Company’s derivative and non-derivative financial instruments which are designated as hedging instruments is presented below:

Gain (Loss) Recognized in OCI	Fiscal Year Ended June 30,
	2020		2019		2018
Foreign exchange forward contracts	$	1.3	$	0.9	$	(0.3)
Interest rate swap contracts	(50.3)		(47.4)		27.0
Cross-currency swap contracts	(12.5)		—		—
Net investment hedges	47.1		99.8		138.7

Amount of gains and losses reclassified from OCI

The amount of gains and losses reclassified from AOCI/(L) to the Consolidated Statements of Operations related to the Company’s derivative financial instruments which are designated as hedging instruments is presented below:

Location and Amount of Gain (Loss) Recognized in Income on Cash Flow Hedging Relationships	Fiscal Year Ended June 30,
	2020				2019				2018
	Net Revenues		Interest expense, net		Cost of sales		Interest expense, net		Net Revenues		Cost of sales		Interest expense, net
Foreign exchange forward contracts:
Amount of gain (loss) reclassified from AOCI into income	$	0.6	$	—	$	0.1	$	—	$	(0.8)	$	(0.7)	$	—
Interest rate swap contracts:
Amount of gain (loss) reclassified from AOCI into income	—		(10.8)		—		12.4		—		—		6.9

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

The amount of gains and losses related to the Company’s derivative financial instruments not designated as hedging instruments is presented below:

Consolidated Statements of Operations Classification of Gain (Loss) Recognized in Operations		Fiscal Year Ended June 30,
		2020		2019		2018
Foreign exchange contracts	Selling, general and administrative expenses	$	(0.8)	$	—	$	(0.8)
Foreign exchange contracts	Interest income (expense), net	(3.1)		0.1		17.5
Foreign exchange contracts	Other income (expense), net	0.4		—		0.2