Acquisitions (Tables)

12 Months Ended

Jun. 30, 2022

Business Combination and Asset Acquisition [Abstract]

Business Combination, Financial Information on Transaction

Financial information on each transaction is as follows:

	Itiviti		Advisor-Stream		Total
	(in millions)
Cash payments, net of cash acquired	$	2,580.4	$	23.2	$	2,603.6
Deferred payments, net	—		2.9		2.9
Contingent consideration liability	—		8.5		8.5
Aggregate purchase price	$	2,580.4	$	34.5	$	2,615.0
Net tangible assets acquired / (liabilities assumed)	$	(252.9)	$	(3.3)	$	(256.2)
Goodwill	1,928.7		27.3		1,956.0
Intangible assets	904.6		10.5		915.1
Aggregate purchase price	$	2,580.4	$	34.5	$	2,615.0

Financial information on each transaction is as follows:

	Shadow Financial		Fi360		Clear-Structure		Funds-Library		Other Acquisitions		Total
	(in millions)
Cash payments, net of cash acquired	$	35.6	$	116.0	$	59.1	$	69.9	$	17.3	$	298.0
Deferred payments, net	3.0		3.5		2.1		—		1.7		10.4
Contingent consideration liability	—		—		7.0		—		—		7.0
Aggregate purchase price	$	38.6	$	119.5	$	68.3	$	69.9	$	19.1	$	315.4
Net tangible assets acquired / (liabilities assumed)	$	(0.1)	$	(7.9)	$	0.2	$	(3.1)	$	(2.2)	$	(13.1)
Goodwill	17.6		84.4		44.2		39.2		13.5		198.9
Intangible assets	21.1		43.1		23.9		33.8		7.8		129.6
Aggregate purchase price	$	38.6	$	119.5	$	68.3	$	69.9	$	19.1	$	315.4

Allocation of Purchase Price

The following summarizes the allocation of purchase price for the Itiviti acquisition (in millions):

	Itiviti
Accounts receivable	$	38.9
Other current assets	14.2
Property, plant and equipment	4.4
Intangible assets	904.6
Goodwill	1,928.7
Other non-current assets	48.3
Payables and accrued expenses	(72.0)
Current contract liabilities	(55.4)
Deferred taxes	(200.2)
Other long term liabilities	(31.2)
Consideration paid, net of cash acquired	$	2,580.4

Pro Forma Information

This unaudited pro forma financial information should not be relied upon as being indicative of the historical results that would have been obtained if the acquisition had actually occurred on July 1, 2019, nor of the results of operations that may be obtained in the future.

	Years ended June 30,
	2021		2020
	(in millions)
Revenues	$	5,221.7	$	4,723.4
Net earnings	$	514.9	$	367.5
Basic earnings per share	$	4.45	$	3.21
Diluted earnings per share	$	4.37	$	3.14