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

12 Months Ended

Jun. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Capitalized Contract Costs

The following table summarizes the capitalized costs related to data center agreements as of June 30, 2022:

	Amended IT Services Agreement		Amended EU IT Services Agreement		Total
	(in millions)
Capitalized costs, beginning balance	$	62.8	$	9.0	$	71.8
Capitalized costs incurred	0.3		—		0.3
Impact of foreign currency exchange	—		(1.4)		(1.4)
Total capitalized costs, ending balance	63.0		7.6		70.7
Total accumulated amortization	(46.6)		(5.4)		(52.0)
Net Deferred Kyndryl Costs	$	16.4	$	2.3	$	18.7

Summary of Lease Expenses Related to Contractual Obligations

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

	Years ended June 30,
	2022		2021		2020
	(in millions)
Data center expenses	$	248.0	$	204.3	$	128.9
Software license agreements	81.9		63.6		46.9
Software/hardware maintenance agreements	77.3		77.5		72.1
Total expenses	$	407.1	$	345.4	$	247.9

Schedule of Minimum Commitments Related to Technology Service Agreement

The future minimum commitments at June 30, 2022 for the aforementioned Amended IT Services Agreement, the Amended EU IT Services Agreement, the Private Cloud Agreement, the AWS 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)
2023	$	138.2
2024	125.8
2025	110.8
2026	106.4
2027	78.8
Thereafter	69.6
Total	$	629.7