Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Sep. 30, 2017

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Comprehensive Income (Loss)

The components of the changes in the cumulative translation adjustment, minimum pension liability and available for sale investment for the three months ended September 30, 2017 and September 30, 2016 are presented below.

	Three Months Ended    September 30,
(Dollars in millions)	2017			2016
Foreign currency translation adjustments:
Net investment hedge	$	(17.6	)	$	(3.5	)
Long-term intercompany loans	13.5			(7.7		)
Translation adjustments	36.1			10.6
Total foreign currency translation adjustment, pretax	32.0			(0.6		)
Tax expense/(benefit)	(6.1		)	(1.2		)
Total foreign currency translation adjustment, net of tax	$	38.1		$	0.6
Net change in minimum pension liability
Net gain/(loss) recognized during the period	0.6			1.1
Total pension, pretax	0.6			1.1
Tax expense/(benefit)	0.2			0.3
Net change in minimum pension liability, net of tax	$	0.4		$	0.8
Net change in available for sale investment:
Net gain/(loss) recognized during the period	(5.2		)	—
Total available for sale investment, pretax	(5.2		)	—
Tax expense/(benefit)	(1.8		)	—
Net change in available for sale investment, net of tax	$	(3.4	)	$	—

Schedule of Accumulated Other Comprehensive Income (Loss)

For the three months ended September 30, 2017, the changes in accumulated other comprehensive income, net of tax by component are as follows:

(Dollars in millions)	Foreign Exchange Translation Adjustments			Pension and Liability Adjustments			Available for Sale investment Adjustments			Total
Balance at June 30, 2017	$	(280.7	)	$	(43.9	)	$	10.5		$	(314.1	)
Other comprehensive income/(loss) before reclassifications	38.1			—			(3.4		)	34.7
Amounts reclassified from accumulated other comprehensive income	—			0.4			—			0.4
Net current period other comprehensive income (loss)	38.1			0.4			(3.4		)	35.1
Balance at September 30, 2017	$	(242.6	)	$	(43.5	)	$	7.1		$	(279.0	)