Other Non-Current Assets

6 Months Ended

Dec. 31, 2021

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:

	December 31, 2021		June 30, 2021
	(in millions)
ROU assets (a)	$	244.4	$	262.0
Long-term investments	215.0		194.0
Deferred sales commissions costs	105.8		108.6
Contract assets (b)	96.7		89.8
Long-term broker fees	43.2		48.7
Deferred data center costs (c)	21.1		24.3
Other	41.8		35.0
Total	$	768.1	$	762.5

_________

(a) ROU assets represent the Company’s right to use an underlying asset for the lease term.

(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, please refer to Note 14, “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 December 31, 2021 and 2020, were $27.3 million and $21.0 million, respectively.

The total amount of deferred client conversion and start-up costs and deferred sales commission costs amortized in Operating expenses during the six months ended December 31, 2021 and 2020, were $50.6 million and $39.7 million, respectively.