Other Non-Current Assets (Tables)

12 Months Ended

Jun. 30, 2023

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of Other Non-Current Assets

Other non-current assets consisted of the following:

	June 30,
	2023		2022
	(in millions)
Long-term investments	$	241.9	$	221.6
ROU assets (a)	198.3		222.8
Deferred sales commissions costs	114.1		114.2
Contract assets (b)	109.1		118.5
Long-term broker fees	32.0		45.1
Deferred data center costs (c)	15.4		19.0
Other (d)	118.3		154.1
Total	$	829.2	$	895.3

_________

(a) ROU assets represent the Company’s right to use an underlying asset for the lease term. Please refer to Note 8, “Leases” for a further discussion.

(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 19, “Contractual Commitments, Contingencies and Off-Balance Sheet Arrangements” for a further discussion.

(d) Includes $66.7 million and $101.4 million derivative assets as of June 30, 2023 and June 30, 2022, respectively, related to the Company’s cross-currency swap derivative contracts. Please refer to Note 19, “Contractual Commitments, Contingencies and Off-Balance Sheet Arrangements” for a further discussion.