Other Non-Current Assets

12 Months Ended

Jun. 30, 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:

	June 30,
	2020		2019
	(in millions)
Deferred client conversion and start-up costs	$	433.8	$	254.7
ROU assets (a)	292.6		—
Deferred sales commissions costs	104.4		95.5
Contract assets (b)	81.9		47.5
Deferred data center costs (c)	24.5		29.0
Long-term investments	141.6		100.4
Long-term broker fees	32.8		35.3
Other	30.2		30.6
Total	$	1,141.9	$	593.1

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

(b) Contract assets result from revenue already recognized but not yet invoiced, including certain future amounts to be collected under software term licenses and certain other client contracts.

(c) Represents deferred data center costs associated with the Company’s information technology services agreements with International Business Machines Corporation (“IBM”). Please refer to Note 18, “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 for the fiscal year ended June 30, 2020 and 2019 was $76.2 million and $65.7 million