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RESTRUCTURING COSTS
3 Months Ended
Sep. 30, 2025
Restructuring and Related Activities [Abstract]  
RESTRUCTURING COSTS RESTRUCTURING COSTS
Restructuring costs for the three months ended September 30, 2025 and 2024 are presented below:
Three Months Ended
September 30,
20252024
Fixed Cost Reduction Plan— — 
Current Restructuring Actions and Other(1.0)0.7 
Total Restructuring Actions$(1.0)$0.7 
Fixed Cost Reduction Plan
On April 24, 2025, the Company announced a new plan to strengthen its operating model and simplify its fixed cost structure (the “Fixed Cost Reduction Plan”). Total restructuring charges, which consisted of employee severance, have been recorded in Corporate. The related liability balances were $71.0 and $74.1 at September 30, 2025 and June 30, 2025, respectively. The Company currently estimates that the total accrual will result in cash expenditures of approximately $27.6, $40.2, and $3.2 in fiscal 2026, 2027 and thereafter, respectively.

Current Restructuring Actions and Other
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, which consisted primarily of employee severance, balances were $28.1 and $30.4 at September 30, 2025 and June 30, 2025 respectively. The Company estimates that the total remaining accrual of $28.1 will result in cash expenditures of approximately $14.5, $10.3, and $3.3 in fiscal 2026, 2027 and thereafter, respectively.