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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 196.2 $ 375.9
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 212.2 210.4
Non-cash lease expense 31.3 32.1
Deferred income taxes 78.4 84.6
Releases for bad debts, net (0.2) (15.8)
Provision for pension and other post-employment benefits 5.0 4.6
Share-based compensation 49.9 65.3
(Gains) losses on disposals of long-term assets, net (0.1) 4.7
Realized and unrealized gains from equity investments, net (15.3) (208.0)
Foreign exchange effects 18.0 24.8
Unrealized gains on forward repurchase contracts, net (18.8) (19.4)
Other 23.5 13.6
Change in operating assets and liabilities    
Trade receivables (139.6) (45.7)
Inventories 81.9 (55.3)
Prepaid expenses and other current assets (47.5) (55.2)
Accounts payable 23.2 227.2
Accrued expenses and other current liabilities 138.7 75.1
Operating lease liabilities (30.4) (33.5)
Income and other taxes payable (0.7) 12.2
Other noncurrent assets (10.9) (13.3)
Other noncurrent liabilities 13.3 (38.9)
Net cash provided by operating activities 608.1 645.4
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (121.1) (102.1)
Proceeds from sale of long-term assets and license terminations 1.7 56.9
Net cash used in investing activities (119.4) (45.2)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from revolving loan facilities 1,134.0 612.0
Repayments of revolving loan facilities (1,347.0) (806.1)
Proceeds from issuance of other long-term debt 1,284.3 0.0
Repayments of term loans and other long-term debt (1,613.5) (188.6)
Dividend payments on Class A Common Stock and Series B Preferred Stock (6.8) (7.1)
Proceeds from issuance of Class A Common Stock in connection with global offering, net of offering costs 343.9 0.0
Net proceeds from issuance of Class A Common Stock 11.0 0.0
Net proceeds from (payments of) foreign currency contracts 0.4 (133.5)
Payments related to forward repurchase contracts (24.0) 0.0
Distributions to noncontrolling interests and redeemable noncontrolling interests (8.5) 0.0
Payment of deferred financing fees (39.5) 0.0
All other (20.2) (13.3)
Net cash used in financing activities (285.9) (536.6)
EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH (3.1) (15.1)
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 199.7 48.5
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of period 283.8 263.8
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—End of period 483.5 312.3
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:    
Cash paid during the period for interest 96.2 121.7
Net cash paid for income taxes 37.8 27.3
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Accrued capital expenditure additions $ 85.5 $ 85.3