Debt

9 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

Debt

Debt

    On March 22, 2023, the Company redeemed Euro bonds of a principal amount of €300 million (equivalent to $322 million) at maturity. The redemption was funded with commercial paper. The notes carried an interest rate of 2.75%.

    As set forth in Note 9, "Derivative Instruments", during the quarter ended December 31, 2022, the Company entered into interest rate swap contracts for a total notional amount of $1.25 billion. During the quarter ended March 31, 2023, the Company entered into two additional interest rate swap contracts for a total notional amount of $1.2 billion.