Income Taxes

6 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Income Taxes

INCOME TAXES

	Three Months Ended   December 31,						Six Months Ended   December 31,
	2022			2021			2022			2021
	(in millions)
Provision for income taxes	$	14.4		$	4.7		$	19.3		$	15.7
Effective tax rate	20.0		%	9.1		%	15.2		%	12.1		%
Excess tax benefits	$	0.5		$	7.1		$	7.2		$	11.5

The effective tax rate for the three and six months ended December 31, 2022 was adversely impacted by lower discrete tax benefits, primarily attributable to the excess tax benefits related to equity compensation, compared to the prior year period.