LEASES (Tables)

9 Months Ended

Mar. 31, 2024

Leases [Abstract]

Schedule of lease cost

The following chart provides additional information about the Company’s operating leases:

	Three Months Ended March 31,				Nine Months Ended March 31,
Lease Cost:	2024		2023		2024			2023
Operating lease cost	$	18.8	$	19.0	$	56.6		$	57.5
Short-term lease cost	1.2		0.1		2.0			0.6
Variable lease cost	11.5		10.8		31.1			27.6
Sublease income	(4.2)		(4.3)		(12.6)			(12.0)
Net lease cost	$	27.3	$	25.6	$	77.1		$	73.7
Other information:
Operating cash outflows from operating leases	$	(18.0)	$	(16.8)	$	(55.2)		$	(57.2)
Right-of-use assets obtained in exchange for lease obligations	$	(2.0)	$	0.4	$	30.7		$	14.2
Weighted-average remaining lease term - real estate					6.9 years			7.4 years
Weighted-average discount rate - real estate leases					4.51		%	4.09		%

Schedule of future minimum lease payments for operating leases

Future minimum lease payments for the Company’s operating leases are as follows:

Fiscal Year Ending June 30,
2024, remaining	$	19.2
2025	66.8
2026	56.3
2027	49.4
2028	37.4
Thereafter	114.0
Total future lease payments	343.1
Less: imputed interest	(51.7)
Total present value of lease liabilities	291.4
Current operating lease liabilities	58.8
Long-term operating lease liabilities	232.6
Total operating lease liabilities	$	291.4

Table excludes obligations for leases with original terms of twelve months or less, which have not been recognized as right-of-use assets or liabilities in the Condensed Consolidated Balance Sheets.