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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash Flows From Operating Activities    
Net earnings $ 222.2 $ 161.2
Adjustments to reconcile net earnings to net cash flows from operating activities:    
Depreciation and amortization 65.1 59.1
Amortization of acquired intangibles and purchased intellectual property 97.7 100.7
Amortization of other assets 85.9 77.7
Write-down of long-lived asset and related charges 2.3 7.6
Stock-based compensation expense 36.6 36.9
Deferred income taxes (32.2) (39.2)
Other (13.0) (23.9)
Changes in operating assets and liabilities, net of assets and liabilities acquired:    
Accounts receivable, net 41.9 106.6
Other current assets (6.2) (23.6)
Payables and accrued expenses (346.3) (261.2)
Contract liabilities 18.0 21.1
Other non-current assets (60.4) (96.7)
Other non-current liabilities (0.3) 1.4
Net cash flows from operating activities 111.2 127.8
Cash Flows From Investing Activities    
Capital expenditures (16.7) (16.8)
Software purchases and capitalized internal use software (38.2) (19.6)
Acquisitions, net of cash acquired (193.5) 0.0
Other investing activities (2.0) 0.0
Net cash flows from investing activities (250.4) (36.4)
Cash Flows From Financing Activities    
Debt proceeds 740.3 622.7
Debt repayments (437.3) (382.7)
Dividends paid (196.2) (179.7)
Purchases of Treasury stock (3.9) (161.5)
Proceeds from exercise of stock options 30.6 44.8
Other financing activities (5.9) (9.8)
Net cash flows from financing activities 127.7 (66.2)
Effect of exchange rate changes on Cash and cash equivalents (3.0) (0.4)
Net change in Cash and cash equivalents (14.5) 24.7
Cash and cash equivalents, beginning of period 304.4 252.3
Cash and cash equivalents, end of period 289.9 277.0
Supplemental disclosure of cash flow information:    
Cash payments made for interest 70.9 70.0
Cash payments made for income taxes, net of refunds 169.4 142.4
Non-cash investing and financing activities:    
Accrual of unpaid property, plant and equipment and software 5.1 3.2
Accrual for unpaid stock repurchase excise tax $ 0.0 $ 0.6