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RESTRUCTURING COSTS
9 Months Ended
Mar. 31, 2025
Restructuring and Related Activities [Abstract]  
RESTRUCTURING COSTS RESTRUCTURING COSTS
Restructuring costs for the three and nine months ended March 31, 2025 and 2024 are presented below:
Three Months Ended
March 31,
Nine Months Ended
March 31,
2025202420252024
Fixed Cost Restructuring74.4 — 74.4 — 
Current Restructuring Actions and Other2.2 0.9 4.3 35.0 
Total Restructuring Actions$76.6 $0.9 $78.7 $35.0 

Fixed Cost Reduction Plan
During the quarter ended March 31, 2025, the Company formulated a new plan, which was announced on April 24, 2025, to strengthen its operating model and simplify its fixed cost structure (the "Fixed Cost Reduction Plan"). This newly announced program will be executed through the first half of fiscal 2027. Total restructuring charges, which consisted of employee severance, have been recorded in Corporate. The restructuring charges and related liability balance at March 31, 2025 were $74.4. The Company currently estimates that the total accrual will result in cash expenditures of approximately $0.0, $37.2, and $37.2 in fiscal 2025, 2026 and thereafter, respectively.

Current Restructuring Actions and Other Costs
The Company continues to analyze its cost structure and evaluate opportunities to streamline operations through a range of smaller initiatives and other cost reduction activities to optimize operations in select businesses. The liability balances were $34.6 and $42.6 (including certain actions that were accrued during fiscal 2023) at March 31, 2025 and June 30, 2024 respectively. The Company estimates that the total remaining accrual of $34.6 will result in cash expenditures of approximately $4.3, $21.5, and $8.8 in fiscal 2025, 2026 and thereafter, respectively.