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CONSOLIDATED STATEMENTS OF CASH FLOWS
€ in Millions, CAD in Millions, $ in Millions
12 Months Ended
Jun. 30, 2017
USD ($)
Jun. 30, 2016
USD ($)
Jun. 30, 2015
USD ($)
Cash flows from operating activities      
Net income/(loss) $ 85.7 $ (76.2) $ (155.3)
Adjustments to reconcile net income/(loss) to net cash provided by operating activities      
Depreciation and amortization 606.9 516.3 406.2
Loss on extinguishment of debt 18.2 33.8 94.3
Non-cash interest expense 9.6 11.9 19.7
Stock-based compensation 114.1 155.9 200.7
Amortization of deferred revenue (117.6) (111.5) (72.1)
Additions to deferred revenue 200.5 184.0 149.1
Foreign currency loss on intercompany loans 10.3 53.8 24.4
Excess tax benefit from stock-based compensation (15.6) (7.9)  
Deferred income taxes 12.6 (2.8) (13.3)
Provision for bad debts 3.7 3.9 1.9
Non-cash loss on investments 1.2 1.2 0.9
Changes in operating assets and liabilities, net of acquisitions      
Trade receivables (7.2) 1.9 (11.2)
Accounts payable and accrued liabilities 5.2 (36.0) (22.1)
Other assets and liabilities (33.4) (14.3) (17.8)
Net cash provided by operating activities 909.8 714.0 605.4
Cash flows from investing activities      
Purchases of property and equipment (835.5) (704.1) (530.4)
Cash paid for acquisitions, net of cash acquired (1,434.8) (437.5) (855.7)
Net cash used in investing activities (2,270.3) (1,141.6) (1,386.1)
Cash flows from financing activities      
Proceeds from debt 3,865.8 929.3 1,787.3
Proceeds from equity offerings     413.7
Direct costs associated with initial public offering     (26.5)
Principal payments on long-term debt (2,408.8) (535.0) (1,288.5)
Payment of early redemption fees on debt extinguished   (20.3) (62.6)
Principal payments on capital lease obligations (6.6) (4.9) (3.5)
Payment of debt issuance costs (35.4) (4.2) (24.2)
Common stock repurchases   (81.1)  
Excess tax benefit from stock-based compensation   7.9  
Cash paid for Santa Clara acquisition financing arrangement (3.7)    
Net cash provided by financing activities 1,411.3 291.7 795.7
Net cash flows 50.8 (135.9) 15.0
Effect of changes in foreign exchange rates on cash (0.8) (2.0) (3.8)
Net increase/(decrease) in cash and cash equivalents 50.0 (137.9) 11.2
Cash and cash equivalents, beginning of year 170.7    
Cash and cash equivalents, end of period 220.7 170.7  
Supplemental disclosure of non-cash investing and financing activities:      
Cash paid for interest, net of capitalized interest 195.6 228.5 191.2
Cash paid for income taxes 13.1 14.0 14.5
Non-cash purchases of equipment through capital leasing 12.0 7.6 6.8
Increase in accounts payable and accrued expenses for purchases of property and equipment - continuing operations 16.9 25.7 8.4
Continuing Operations      
Cash flows from financing activities      
Cash and cash equivalents, beginning of year 170.7 308.6 297.4
Cash and cash equivalents, end of period $ 220.7 $ 170.7 $ 308.6