Earnings Per Share (Tables)

12 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Denominators of Basic and Diluted EPS Computations

The following table sets forth the denominators of the basic and diluted EPS computations:

	Years ended June 30,
	2020	2019	2018
	(in millions)
Weighted-average shares outstanding:
Basic	114.7	115.9	116.8
Common stock equivalents	2.3	2.9	3.5
Diluted	117.0	118.8	120.4

Computation of Basic EPS

The following table sets forth the computation of basic EPS utilizing Net earnings for the following fiscal years and the Company’s basic Weighted-average shares outstanding:

	Years ended June 30,
	2020		2019		2018
	(in millions, except per share amounts)
Net earnings	$	462.5	$	482.1	$	427.9
Basic Weighted-average shares outstanding	114.7		115.9		116.8
Basic EPS	$	4.03	$	4.16	$	3.66

Computation of Diluted EPS

The following table sets forth the computation of diluted EPS utilizing Net earnings for the following fiscal years and the Company’s diluted Weighted-average shares outstanding:

	Years ended June 30,
	2020		2019		2018
	(in millions, except per share amounts)
Net earnings	$	462.5	$	482.1	$	427.9
Diluted Weighted-average shares outstanding	117.0		118.8		120.4
Diluted EPS	$	3.95	$	4.06	$	3.56