Contractual Commitments, Contingencies, and Off-Balance Sheet Arrangements (Tables)

12 Months Ended

Jun. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

Capitalized Contract Costs

The following table summarizes the capitalized costs related to data center agreements as of June 30, 2020:

	Amended IT Services Agreement		Amended EU IT Services Agreement		Total
	(in millions)
Capitalized costs, beginning balance	$	62.3	$	5.0	$	67.3
Capitalized costs incurred	0.3		1.6		1.8
Impact of foreign currency exchange	—		(0.2)		(0.2)
Total capitalized costs, ending balance	62.6		6.3		68.9
Total accumulated amortization	(40.1)		(4.3)		(44.4)
Net Deferred IBM Costs	$	22.5	$	2.0	$	24.5

Summary of Total Amortization Expense of Capitalized Costs Related to Data Center Agreements

The following table summarizes the respective total annual amortization expense of capitalized costs related to data center agreements:

	Years ended June 30,
	2020		2019		2018
	(in millions)
Amended IT Services Agreement	$	4.2	$	5.3	$	5.3
Amended EU IT Services Agreement	1.8		0.5		0.5
Total expenses	$	6.1	$	5.8	$	5.8

Summary of Lease Expenses Related to IT Services Agreement, the EU IT Services Agreement, and related software maintenance agreements, various facilities and equipment leases, software license agreements, and software/hardware maintenance agreements

The following table summarizes the total expenses related to these agreements:

	Years ended June 30,
	2020		2019		2018
	(in millions)
Data center expenses	$	118.7	$	106.1	$	107.5
Software license agreements	57.0		37.3		33.7
Software/hardware maintenance agreements	72.1		65.0		63.5
Total expenses	$	247.9	$	208.4	$	204.6

Schedule of Minimum Commitments Related to Technology Service Agreement

The minimum commitments at June 30, 2020 for the aforementioned Amended IT Services Agreement, the Amended EU IT Services Agreement, the IBM Private Cloud Agreement, software license agreements including hosted software arrangements, and software and hardware maintenance and support agreements are as follows:

Years Ending June 30,	(in millions)
2021	$	93.4
2022	88.3
2023	85.1
2024	79.9
2025	64.0
Thereafter	170.0
Total	$	580.8