XML 72 R85.htm IDEA: XBRL DOCUMENT v3.19.2
Fair Value Measurements (Schedule of Changes in Fair Value of Level 3 Inputs) (Details) - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2017
Fair Value Liabilities [Roll Forward]      
Liabilities associated with assets held-for-sale $ 252.1 $ 200.0  
Level 3 | Measured at fair value on recurring basis | Investment in Next Issue Media      
Fair Value Assets [Roll Forward]      
Balance at beginning of year 0.0 11.0  
Additions due to investment and acquisition 0.0 3.3  
Equity method investment losses 0.0 (3.6)  
Impairment 0.0 (9.3)  
Sale 0.0 (1.4)  
Balance at end of year 0.0 0.0  
Level 3 | Measured at fair value on recurring basis | Contingent consideration      
Fair Value Liabilities [Roll Forward]      
Balance at beginning of year 0.8 25.4 $ 34.2
Accrual on Time’s opening balance sheet 0.0 1.1  
Payments (19.3) (5.1)  
Fair value adjustment (5.3) (4.8)  
Balance at end of year 0.8 25.4 34.2
Liabilities associated with assets held-for-sale     0.5
Level 3 | Measured at fair value on recurring basis | 2019 Lease Guarantee      
Fair Value Liabilities [Roll Forward]      
Balance at beginning of year 0.0 0.0  
Accrual on Time’s opening balance sheet 0.0    
Issuance of new guarantees 0.0    
Fair value adjustment 0.0    
Foreign currency exchange impact 0.0    
Balance at end of year 0.0 0.0  
Level 3 | Measured at fair value on recurring basis | 2018 Lease Guarantee      
Fair Value Liabilities [Roll Forward]      
Balance at beginning of year   11.9 0.0
Accrual on Time’s opening balance sheet   3.6  
Issuance of new guarantees   9.2  
Fair value adjustment   (0.4)  
Foreign currency exchange impact   (0.5)  
Balance at end of year   11.9 $ 0.0
Level 3 | Measured at fair value on nonrecurring basis | Trademarks      
Fair Value Assets [Roll Forward]      
Balance at beginning of year 33.0    
Balance at end of year 27.2 33.0  
Level 3 | Measured at fair value on nonrecurring basis | 2019 Trademarks      
Fair Value Assets [Roll Forward]      
Balance at beginning of year 69.0    
Impairment (41.8)    
Balance at end of year 27.2 69.0  
Level 3 | Measured at fair value on nonrecurring basis | 2018 Trademarks      
Fair Value Assets [Roll Forward]      
Balance at beginning of year $ 33.0 55.7  
Impairment   (22.7)  
Balance at end of year   $ 33.0