XML 77 R54.htm IDEA: XBRL DOCUMENT v3.23.2
LEASES (Tables)
12 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Schedule of lease cost The following table provides additional information about the Company’s operating leases for the fiscal years ended June 30, 2023, 2022 and 2021.
Lease Cost:Year Ended
June 30, 2023
Year Ended
June 30, 2022
Year Ended
June 30, 2021
Operating lease cost$76.2 $90.4 $87.1 
Short-term lease cost0.9 1.2 0.8 
Variable lease cost40.3 39.3 49.5 
Sublease income(15.8)(20.0)(14.9)
Net lease cost$101.6 $110.9 $122.5 
Other information:
Operating cash outflows from operating leases(73.8)(83.8)$(132.4)
Right-of-use assets obtained in exchange for lease obligations25.7 104.9 $27.8 
Weighted-average remaining lease term - real estate7.2 years7.6 years6.4 years
Weighted-average discount rate - real estate leases4.13 %3.85 %3.57 %
Schedule of future minimum lease payments for operating leases Future minimum lease payments for the Company’s operating leases as of June 30, 2023 are as follows:
Fiscal Year Ending June 30,
2024$78.6 
202560.0 
202648.8 
202741.0 
202832.7 
Thereafter107.1 
Total future lease payments368.2 
Less: imputed interest(55.1)
Total present value of lease liabilities$313.1 
Current operating lease liabilities65.6 
Long-term operating lease liabilities247.5 
Total operating lease liabilities$313.1 
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 Consolidated Balance Sheets.