DERIVATIVE INSTRUMENTS (Tables)

9 Months Ended

Mar. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of amount of gains and losses recognized in Other comprehensive income (loss)

The amount of gains and losses recognized in Other comprehensive income (loss) (“OCI”) in the Condensed 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	Three Months Ended March 31,				Nine Months Ended March 31,
	2023		2022		2023		2022
Foreign exchange forward contracts	$	(3.1)	$	(4.7)	$	(1.8)	$	(3.0)
Interest rate swap contracts	(0.1)		7.9		1.7		9.8
Net investment hedges	(16.2)		5.3		(52.9)		24.2

Schedule of amount of gains and losses recognized in other comprehensive income (loss)

The amount of gains and losses recognized in Other comprehensive income (loss) (“OCI”) in the Condensed 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	Three Months Ended March 31,				Nine Months Ended March 31,
	2023		2022		2023		2022
Foreign exchange forward contracts	$	(3.1)	$	(4.7)	$	(1.8)	$	(3.0)
Interest rate swap contracts	(0.1)		7.9		1.7		9.8
Net investment hedges	(16.2)		5.3		(52.9)		24.2

Schedule of amount of gains and losses reclassified from AOCI(L)

The amount of gains and losses reclassified from AOCI/(L) to the Condensed 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	Three Months Ended March 31,
	2023						2022
	Net revenues		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	$	—	$	0.3	$	—	$	—	$	1.2	$	—
Interest rate swap contracts:
Amount of gain (loss) reclassified from AOCI into income	—		—		1.2		—		—		(2.2)
Location and Amount of Gain (Loss) Recognized in Income on Cash Flow Hedging Relationships	Nine Months Ended March 31,
	2023						2022
	Net revenues		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	$	—	$	(1.3)	$	—	$	—	$	1.4	$	—
Interest rate swap contracts:
Amount of gain (loss) reclassified from AOCI into income	—		—		7.9		—		—		(12.0)

Schedule of derivatives not designated as hedging

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

Condensed Consolidated Statements of Operations Classification of Gain (Loss) Recognized in Operations		Three Months Ended March 31,				Nine Months Ended March 31,
		2023		2022		2023		2022
Foreign exchange contracts	Selling, general and administrative expenses	$	(4.6)	$	(0.4)	$	(4.7)	$	(0.3)
Foreign exchange contracts	Interest expense, net	14.7		(1.5)		(64.6)		18.7
Foreign exchange and forward repurchase contracts	Other (expense) income, net	161.4		2.8		167.1		2.3