XML 47 R37.htm IDEA: XBRL DOCUMENT v3.24.0.1
Borrowings (Tables)
6 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Outstanding Borrowings
Outstanding borrowings and available capacity under the Company’s borrowing arrangements were as follows:
Expiration
Date
Principal amount outstanding at December 31, 2023Carrying value at December 31, 2023Carrying value at June 30, 2023Unused
Available
Capacity
Fair Value at December 31, 2023
(in millions)
Current portion of long-term debt
Fiscal 2021 Term Loans (a)May 2024$— $— $1,178.5 $— $— 
            Total$— $— $1,178.5 $— $— 
Long-term debt, excluding current portion
Fiscal 2021 Revolving Credit Facility:
       U.S. dollar trancheApril 2026$120.0 $120.0 $— $980.0 $120.0 
       Multicurrency trancheApril 2026— — — 400.0 — 
             Total Revolving Credit Facility$120.0 $120.0 $— $1,380.0 $120.0 
Fiscal 2024 Amended Term Loan (a)August 2026$1,300.0 $1,296.9 $— $— $1,300.0 
Fiscal 2016 Senior NotesJune 2026$500.0 $498.3 $498.0 $— $483.1 
Fiscal 2020 Senior NotesDecember 2029750.0 744.7 744.3 — 673.1 
Fiscal 2021 Senior NotesMay 20311,000.0 992.9 992.5 — 856.0 
             Total Senior Notes$2,250.0 $2,236.0 $2,234.7 $— $2,012.1 
             Total long-term debt$3,670.0 $3,652.9 $2,234.7 $1,380.0 $3,432.1 
             Total debt$3,670.0 $3,652.9 $3,413.3 $1,380.0 $3,432.1 
_________
(a) The Fiscal 2021 Term Loans were reclassified from Current portion of long-term debt to Long-term debt in the first quarter of fiscal year 2024 upon amendment of the loan, to reflect the remaining maturity of more than one year.
Schedule of Future Principal Payments on Outstanding Debt
Future principal payments on the Company’s outstanding debt are as follows:
Years ending June 30,20242025202620272028ThereafterTotal
(in millions)$— $— $620.0 $1,300.0 $— $1,750.0 $3,670.0