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Property, Plant and Equipment, Net
12 Months Ended
Jun. 30, 2016
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net
PROPERTY, PLANT AND EQUIPMENT, NET
Depreciation expense for Property, plant and equipment was $38.7 million, $38.0 million, and $35.5 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Property, plant and equipment at cost and Accumulated depreciation at June 30, 2016 and 2015 are as follows:
 
 
June 30,
 
 
2016
 
2015
 
 
(in millions)
Property, plant and equipment:
 
 
 
 
Land and buildings
 
$
2.5

 
$
4.9

Equipment
 
341.2

 
317.4

Furniture, leaseholds and other
 
177.0

 
170.9

 
 
520.6

 
493.2

Less: Accumulated depreciation
 
(408.4
)
 
(395.9
)
Property, plant and equipment, net
 
$
112.2

 
$
97.3


In fiscal years 2016 and 2015, Property, plant and equipment and Accumulated depreciation were each reduced by $24.2 million and $1.9 million, respectively, for asset retirements related to fully depreciated property, plant and equipment no longer in use.