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RESTRUCTURING COSTS
 12 Months Ended
Jun. 30, 2022
Restructuring and Related Activities [Abstract]  
RESTRUCTURING COSTS RESTRUCTURING COSTS
Restructuring costs for the fiscal years ended June 30, 2022, 2021 and 2020 are presented below:
Year Ended June 30,
202220212020
Transformation Plan$(6.5)$73.2 $156.6 
Other Restructuring— (9.6)(26.4)
Total$(6.5)$63.6 $130.2 
Transformation Plan
In connection with the four-year plan announced on July 1, 2019 to drive substantial improvement in and optimization in the Company's businesses (the “Turnaround Plan”), the Company has and expects to continue to incur restructuring and related costs. On May 11, 2020, the Company announced an expansion of the Turnaround Plan to further reduce fixed costs, (the
“Transformation Plan”). Of the expected costs, the Company has incurred cumulative restructuring charges of $223.3 related to approved initiatives through June 30, 2022, which have been recorded in Corporate.
Over the next fiscal year, the Company expects to incur approximately $8.0 of additional restructuring charges pertaining to the approved actions, primarily related to employee termination benefits, contract terminations and other exit-related costs.
The following table presents aggregate restructuring charges for the program:
Severance and Employee BenefitsFixed Asset Write-offsOther Exit CostsTotal
Fiscal 2020$151.2 $(1.1)$6.5 $156.6 
Fiscal 2021$73.4 $(0.5)$0.3 $73.2 
Fiscal 2022(6.2)— (0.3)$(6.5)
Cumulative through June 30, 2022218.4 (1.6)6.5 223.3 
The related liability balance and activity of restructuring costs for the Transformation Plan restructuring costs are presented below:
Severance and
Employee
Benefits		Fixed Asset Write-offs
Other
Exit
Costs(a)
Total
Program
Costs
Balance—July 1, 2021$122.5 $— $0.3 $122.8 
Restructuring charges18.7 — — 18.7 
Payments(51.5)— (0.2)(51.7)
Changes in estimates(24.9)— (0.3)(25.2)
Non-cash utilization(0.8)— — (0.8)
Effect of exchange rates(8.8)— 0.2 (8.6)
Balance—June 30, 2022$55.2 $— $— $55.2 
The Company currently estimates that the total remaining accrual of $55.2 will result in cash expenditures of approximately $54.2 and $1.0 in fiscal 2023 and thereafter, respectively.
Other Restructuring
The Company executed a number of other restructuring activities in prior years, which are substantially completed. The Company recognized expenses (income) of $0.0, $(9.6) and $(26.4) in fiscal 2022, 2021 and 2020, respectively, which have been recorded in Corporate. The related liability balances were $0.0 at both June 30, 2022 and June 30, 2021.