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Revenue Recognition (Tables)
3 Months Ended
Sep. 30, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Three Months Ended 
 September 30,
20202019
(In millions)
Investor Communication Solutions
Equity proxy$40.1 $29.8 
Mutual fund and exchange traded funds (“ETF”) interims73.6 65.3 
Customer communications and fulfillment173.5 170.9 
Other ICS88.0 83.2 
       Total ICS Recurring fee revenues375.2 349.2 
Equity and other18.3 17.5 
Mutual funds27.2 22.6 
       Total ICS Event-driven fee revenues45.5 40.1 
Distribution revenues332.2 313.3 
       Total ICS Revenues$752.9 $702.6 
Global Technology and Operations
Equities and other$252.4 $230.9 
Fixed income43.6 43.1 
       Total GTO Recurring fee revenues296.0 273.9 
Foreign currency exchange(31.5)(28.0)
       Total Revenues$1,017.4 $948.6 
Revenues by Type
Recurring fee revenues$671.2 $623.2 
Event-driven fee revenues45.5 40.1 
Distribution revenues332.2 313.3 
Foreign currency exchange(31.5)(28.0)
       Total Revenues$1,017.4 $948.6 
Contract Assets and Liabilities
The following table provides information about contract assets and liabilities:
September 30, 2020June 30, 2020
(In millions)
Contract assets$85.8 $81.9 
Contract liabilities$284.1 $286.6