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DERIVATIVE INSTRUMENTS (Tables)
12 Months Ended
Jun. 30, 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 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 OCIFiscal Year Ended June 30,
202320222021
Foreign exchange forward contracts$(3.7)$(1.0)$(0.3)
Interest rate swap contracts5.4 13.9 1.0 
Cross-currency swap contracts— — (25.1)
Net investment hedges(53.9)36.3 (256.5)
Schedule of amount of gains and losses recognized in Other comprehensive income (loss) The amount of gains and losses recognized in OCI in the Consolidated Balance Sheets related to the Company’s derivative and non-derivative financial instruments which are designated as hedging instruments is presented below:
Gain (Loss) Recognized in OCIFiscal Year Ended June 30,
202320222021
Foreign exchange forward contracts$(3.7)$(1.0)$(0.3)
Interest rate swap contracts5.4 13.9 1.0 
Cross-currency swap contracts— — (25.1)
Net investment hedges(53.9)36.3 (256.5)
Schedule of 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 RelationshipsFiscal Year Ended June 30,
202320222021
Net RevenuesCost of salesInterest expense, netNet RevenuesCost of salesInterest expense, netNet RevenuesCost of salesInterest expense, net
Foreign exchange forward contracts:
Amount of gain reclassified from AOCI into income$— $(1.6)$— $— $1.7 $— $1.0 $— $— 
Interest rate swap contracts:
Amount of loss reclassified from AOCI into income— — 8.3 — — (13.0)— — (36.1)
Schedule of derivatives not designated as hedging The amount of gains and losses related to the Company’s derivative financial instruments not designated as hedging instruments is presented below:
Consolidated Statements of Operations
Classification of Gain (Loss) Recognized in Operations
Fiscal Year Ended June 30,
202320222021
Foreign exchange contractsSelling, general and administrative expenses$(5.1)$(0.1)$0.1 
Foreign exchange contractsInterest income (expense), net(69.3)2.7 26.3 
Foreign exchange and forward repurchase contractsOther income (expense), net168.7 18.4 (0.6)