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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Mar. 31, 2026

Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables set forth the Company’s financial assets and liabilities at March 31, 2026 and June 30, 2025, respectively, that are recorded at fair value, segregated by level within the fair value hierarchy:


	March 31, 2026
	Level 1		Level 2		Level 3		Total
	(in millions)
Assets:


Other current assets:
Securities	$	0.8	$	—	$	—	$	0.8
Other non-current assets:
Securities (a)	204.6		—		—		204.6
Derivative asset	—		8.1		—		8.1
Pre-funded warrants	—		56.4		—		56.4
Digital assets	217.8		—		—		217.8
Total assets as of March 31, 2026	$	423.3	$	64.5	$	—	$	487.8
Liabilities:

Contingent consideration obligations	—		—		40.6		40.6
Total liabilities as of March 31, 2026	$	—	$	—	$	40.6	$	40.6


	June 30, 2025
	Level 1		Level 2		Level 3		Total
	(in millions)
Assets:
Other current assets:
Securities	$	0.7	$	—	$	—	$	0.7
Other non-current assets:
Securities (a)	195.2		—		—		195.2
Total assets as of June 30, 2025	$	195.9	$	—	$	—	$	195.9
Liabilities:
Derivative liability	$	—	$	24.6	$	—	$	24.6
Contingent consideration obligations	—		—		14.0		14.0
Total liabilities as of June 30, 2025	$	—	$	24.6	$	14.0	$	38.6

_________

(a) Includes investments related to the Company’s Defined Benefit Pension Plans and Executive Retirement and Savings Plan (the “ERSP”).

Schedule of Canton Coin Holding

The following table presents the Company’s Canton Coin holdings as of March 31, 2026:


	March 31, 2026
	Quantity of Coins		Cost Basis		Fair Value
			($ in millions)
Canton Coins	1.5	billion	$	11.5	$	217.8

Summary of Level 3 Financial Assets and Liabilities

The following tables set forth an analysis of changes during the three and nine months ended March 31, 2026, in Level 3 financial assets and liabilities of the Company. Changes in economic conditions or model-based valuation techniques may require the transfer of financial instruments between levels. The Company’s policy is to record transfers between levels, if any, as of the beginning of the fiscal year.

Digital Assets


	Three Months Ended March 31,		Nine Months Ended March 31,
	2026		2026
	(in millions)
Beginning balance	$	—	$	—
Opening Retained Earnings Adjustment	—		24.5
Beginning-of-period Level 3 transfer-out value	—		(24.5)
Ending balance	$	—	$	—

Summary of Contingent Consideration

Contingent consideration obligations


	Three Months Ended March 31,				Nine Months Ended March 31,
	2026		2025		2026		2025
	(in millions)
Beginning balance	$	22.5	$	14.0	$	14.0	$	14.0
Additional contingent consideration incurred	17.2		—		25.7		—
Net increase in contingent consideration liability	1.2		—		1.2		—
Foreign currency impact on contingent consideration liability	(0.4)		—		(0.4)		—

Ending balance	$	40.6	$	14.0	$	40.6	$	14.0

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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