LEASES (Tables)

6 Months Ended

Dec. 31, 2019

LEASES

Summary of components of lease expense

	Three Months Ended December 31, 2019		Six Months Ended December 31, 2019
	(in millions)
Operating and short-term lease cost	$	56.8	$	114.7
Finance lease cost:
Amortization of right-of-use assets		3.2		6.7
Interest on lease liability		2.6		5.5
Total finance lease cost		5.8		12.2
Total lease cost	$	62.6	$	126.9

Schedule of supplemental unaudited condensed consolidated balance sheet information and other information related to leases

Leases	Classification on the Balance Sheet	As of December 31, 2019
		(in millions)
Assets
Operating lease assets	Right-of-use operating lease assets	$	478.2
Finance lease assets	Property, plant and equipment, net of accumulated depreciation		151.6
Total leased assets		$	629.8
Liabilities
Current
Operating	Operating lease obligations, current	$	124.7
Finance	Finance lease obligation, current		10.0
Noncurrent
Operating	Operating lease liabilities, non-current		371.9
Finance	Finance lease obligations, non-current		177.5
Total lease liabilities		$	684.1
Weighted-average remaining lease term (years)
Operating leases			7.4
Finance leases			11.7
Weighted-average discount rate
Operating leases			4.05%
Finance leases			5.71%

Schedule of supplemental unaudited condensed consolidated cash flow statement information related to leases

	Three Months Ended December 31, 2019		Six Months Ended December 31, 2019
		(in millions)		(in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	35.8	$	73.0
Operating cash flows from finance leases		2.6		5.5
Finance cash flows from finance leases		2.0		4.1
Total lease cost	$	40.4	$	82.6

Schedule of maturities of operating lease liabilities

	Operating Leases		Finance Leases
Year Ended June 30,		(in millions)
2020 (remaining six months)	$	64.5	$	10.8
2021		114.8		20.6
2022		86.6		20.9
2023		67.9		20.6
2024		54.3		19.7
Thereafter		205.2		184.2
Total lease payments		593.3		276.8
Less: interest		(96.7)		(89.3)
Total		496.6		187.5
Less: current portion		(124.7)		(10.0)
Long-term portion	$	371.9	$	177.5

Summary of maturities of finance lease liabilities

As of December 31, 2019, maturities of lease liabilities were as follows:

	Operating Leases		Finance Leases
Year Ended June 30,		(in millions)
2020 (remaining six months)	$	64.5	$	10.8
2021		114.8		20.6
2022		86.6		20.9
2023		67.9		20.6
2024		54.3		19.7
Thereafter		205.2		184.2
Total lease payments		593.3		276.8
Less: interest		(96.7)		(89.3)
Total		496.6		187.5
Less: current portion		(124.7)		(10.0)
Long-term portion	$	371.9	$	177.5

Schedule of future contractual finance lease payments

Year Ended June 30,	(in millions)
2020	$	20.1
2021		20.0
2022		20.3
2023		19.9
2024		19.5
Thereafter		171.0
Total minimum lease payments		270.8
Less amounts representing interest		(88.6)
Less current portion		(10.0)
Finance lease obligations, non-current	$	172.2

Schedule of minimum contractual long-term operating lease payments

Year Ended June 30,	(in millions)
2020	$	128.1
2021		107.0
2022		83.7
2023		68.0
2024		55.7
Thereafter		215.8
	$	658.3

Schedule of maturities of non-cancellable leases

Year Ended June 30,	(in millions)
2020 (remaining six months)	$	509.0
2021		786.2
2022		631.8
2023		518.3
2024		450.3
Thereafter		416.2
Total lease payments	$	3,311.8