Leases (Tables)

12 Months Ended

Jun. 30, 2020

Leases [Abstract]

Lease, Cost

The following table sets forth the components of the Company’s lease cost for the twelve months ended June 30, 2020:

	Year Ended June 30,
($ in millions)	2020
Operating lease cost	$	14.4
Variable lease cost	0.4
Total lease cost	$	14.8
Operating cash flow payments from operating leases	$	14.2
Non-cash ROU assets obtained in exchange for lease obligations	$	19.4
Weighted-average remaining lease term - operating leases	8.1 years
Weighted-average discount rate - operating leases	3.9		%

Assets And Liabilities Lessee

The following table sets forth the Company’s ROU assets and lease liabilities at June 30, 2020:

($ in millions)	June 30, 2020
Operating lease assets:
Other assets	$	52.0
Operating lease liabilities:
Other accrued liabilities	$	11.5
Other liabilities	50.3
Total operating lease liabilities	$	61.8

Lessee, Operating Lease, Liability, Maturity

Minimum lease payments for operating leases expiring subsequent to June 30, 2020 are as follows:

($ in millions)	June 30, 2020
2021	$	13.6
2022	11.7
2023	10.0
2024	7.9
2025	5.1
Thereafter	25.5
Total future minimum lease payments	73.8
Less imputed interest	(12.0		)
Total	$	61.8

Schedule of Future Minimum Rental Payments for Operating Leases

inimum lease payments for operating leases under ASC 840 expiring subsequent to June 30, 2019 were as follows:

($ in millions)	June 30, 2019
2020	$	12.7
2021	10.4
2022	8.3
2023	6.6
2024	5.0
Thereafter	23.5
Total future minimum lease payments	$	66.5