Other Income and Expense (Tables)

9 Months Ended

Mar. 31, 2020

Other Income and Expenses [Abstract]

Schedule of Other Nonoperating Income (Expense)

The components of other (income)/expense, net for the three and nine months ended March 31, 2020 and 2019 are as follows:


	Three Months Ended March 31,						Nine Months Ended March 31,
(Dollars in millions)	2020		2019		2020		2019
Other (income)/expense, net
Debt refinancing costs ⁽¹⁾	$	16.0	$	—	$	16.1	$	4.2


Foreign currency (gains) and losses ⁽²⁾	(5.3)		(3.2)		(1.7)		(0.8)
Other ⁽³⁾	26.0		—		22.8		0.5
Total other (income)/expense, net	$	36.7	$	(3.2)	$	37.2	$	3.9

(1) The expense in the nine months ended March 31, 2019 includes a write-off of $4.2 million of previously capitalized financing charges related to the Company's U.S. dollar-denominated term loan under its senior secured credit facility. The expense in the three months ended March 31, 2020 includes (a) a write-off of $6.0 million of previously capitalized financing charges related to the Company's recently repaid euro-denominated term loan under its senior secured credit facilities and the Company's recently redeemed euro-denominated senior notes and (b) a $10.0 million premium on early redemption of the euro notes.

(2) Foreign currency remeasurement (gains) and losses include both cash and non-cash transactions.

(3) Included within Other for the three and nine months ended March 31, 2020 are unrealized losses of $26.3 million and $24.9 million, respectively, related to the fair value of the derivative liability associated with the Series A Preferred Stock.