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CONSOLIDATED STATEMENTS OF CASH FLOWS
€ in Millions, CAD in Millions, $ in Millions
9 Months Ended
Mar. 31, 2017
USD ($)
Mar. 31, 2016
USD ($)
Cash flows from operating activities    
Net income/(loss) $ 62.5 $ (45.3)
Adjustments to reconcile net income/(loss) to net cash provided by operating activities    
Depreciation and amortization 425.6 368.0
Loss on extinguishment of debt 4.5  
Non-cash interest expense 7.7 9.1
Stock-based compensation 93.0 122.5
Amortization of deferred revenue (85.5) (66.6)
Additions to deferred revenue 156.7 145.4
Foreign currency loss on intercompany loans 24.7 28.9
Excess tax benefit from stock-based compensation (16.7) (7.9)
Deferred income taxes (6.4) 14.3
Provision for bad debts 2.1 3.1
Non-cash loss on investments 0.7 1.2
Changes in operating assets and liabilities, net of acquisitions    
Trade receivables (6.0) 15.3
Accounts payable and accrued liabilities 9.1 (44.7)
Other assets and liabilities (23.8) (5.5)
Net cash provided by operating activities 664.9 537.8
Cash flows from investing activities    
Purchases of property and equipment (630.2) (516.7)
Cash paid for acquisitions, net of cash acquired (1,426.8) (417.0)
Other 1.5  
Net cash used in investing activities (2,055.5) (933.7)
Cash flows from financing activities    
Proceeds from debt 3,293.8 395.2
Principal payments on long-term debt (1,837.4) (13.4)
Payment of early redemption fees on debt extinguished (4.5)  
Principal payments on capital lease obligations (4.8) (3.3)
Payment of debt issuance costs (29.0) (2.9)
Common stock repurchases   (81.1)
Excess tax benefit from stock-based compensation   7.9
Net cash (used in)/provided by financing activities 1,422.6 302.4
Net cash flows 32.0 (93.5)
Effect of changes in foreign exchange rates on cash (4.3) 0.1
Net increase in cash and cash equivalents 27.7 (93.4)
Cash and cash equivalents, beginning of year 170.7 308.6
Cash and cash equivalents, end of period 198.4 215.2
Supplemental disclosure of non-cash investing and financing activities:    
Cash paid for interest, net of capitalized interest 109.2 145.0
Cash paid for income taxes 9.8 11.4
Non-cash purchases of equipment through capital leasing 11.6 5.9
Increase in accounts payable and accrued expenses for purchases of property and equipment - continuing operations $ 37.1 $ 26.2