Other Non-Current Assets

9 Months Ended

Mar. 31, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other Non-Current Assets

OTHER NON-CURRENT ASSETS

Other non-current assets consisted of the following:

	March 31, 2020		June 30, 2019
	(In millions)
Deferred client conversion and start-up costs	$	385.7	$	254.7
ROU assets (a)	297.6		—
Long-term investments	134.3		100.4
Deferred sales commissions costs	92.3		95.5
Contract assets	77.5		47.5
Deferred data center costs (b)	25.7		29.0
Long-term broker fees	35.5		35.3
Other	34.2		30.6
Total	$	1,082.6	$	593.1

(a) ROU assets represent the Company’s right to use an underlying asset for the lease term. Please refer to Note 8, “Leases” for a further discussion.

(b) Represents deferred data center costs associated with the Company’s information technology services agreements with International Business Machines Corporation (“IBM”). Please refer to Note 15, “Contractual Commitments, Contingencies and Off-Balance Sheet Arrangements” for a further discussion.

The total amount of deferred client conversion and start-up costs and deferred sales commission costs amortized in Operating expenses during the three months ended March 31, 2020 and 2019, were $20.0 million and $16.3 million, respectively.

The total amount of deferred client conversion and start-up costs and deferred sales commission cost amortized in Operating expenses during the nine months ended March 31, 2020 and 2019, were $56.2 million and $48.9 million, respectively.