LEASES (Tables)

9 Months Ended

Mar. 31, 2021

Leases [Abstract]

Schedule of lease cost

The following chart provides additional information about the Company’s operating leases for the three and nine months ended March 31, 2021:

	Three Months Ended March 31,				Nine Months Ended March 31,
Lease Cost:	2021		2020		2021			2020
Operating lease cost	$	21.4	$	20.7	$	60.4		$	72.5
Short-term lease cost	0.1		0.5		0.5			1.8
Variable lease cost	8.3		13.0		38.6			33.3
Sublease income	(5.6)		(2.1)		(10.1)			(6.7)
Net lease cost	$	24.2	$	32.1	$	89.4		$	100.9
Other information:
Operating cash outflows from operating leases	$	(29.2)	$	(25.4)	$	(109.1)		$	(76.8)
Right-of-use assets obtained in exchange for lease obligations	$	16.6	$	9.0	$	27.4		$	6.7
Weighted-average remaining lease term - real estate					6.5			7.4
Weighted-average discount rate - real estate leases					3.55		%	3.12		%

Schedule of future minimum lease payments for operating leases

Future minimum lease payments for the Company’s operating leases as of March 31, 2021 are as follows:

Fiscal Year Ending June 30,
2021, remaining	$	25.7
2022	83.9
2023	66.8
2024	53.4
2025	41.6
Thereafter	135.4
Total future lease payments	406.8
Less: imputed interest	(47.1)
Total present value of lease liabilities	359.7
Current operating lease liabilities	79.3
Long-term operating lease liabilities	280.4
Total operating lease liabilities	$	359.7

Table excludes obligations for leases with original terms of twelve months or less which have not been recognized as ROU assets or liabilities in the Condensed Consolidated Balance Sheets.