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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2021
Jun. 30, 2020
Current assets    
Cash and cash equivalents $ 240.2 $ 132.4
Accounts receivable (net of allowances of $15.4 in 2021 and $29.2 in 2020) 501.1 461.9
Inventories 29.3 34.2
Current portion of subscription acquisition costs 225.6 213.2
Other current assets 115.9 43.1
Total current assets 1,112.1 884.8
Property, plant, and equipment    
Land 24.7 24.7
Buildings and improvements 165.6 161.1
Machinery and equipment 363.0 374.2
Leasehold improvements 144.0 142.7
Capitalized software 171.2 152.2
Construction in progress 15.3 28.4
Total property, plant, and equipment 883.8 883.3
Less accumulated depreciation (523.2) (483.4)
Net property, plant, and equipment 360.6 399.9
Operating lease assets 371.0 404.6
Subscription acquisition costs 180.4 221.6
Other assets 265.6 232.4
Intangible assets, net 1,556.8 1,647.5
Goodwill 1,719.3 1,719.3
Total assets 5,565.8 5,510.1
Current liabilities    
Current portion of long-term debt 4.1 4.1
Current portion of operating lease liabilities 36.2 35.2
Accounts payable 185.1 121.1
Accrued expenses    
Compensation and benefits 132.4 68.7
Distribution expenses 15.0 9.3
Other taxes and expenses 90.3 90.1
Total accrued expenses 237.7 168.1
Current portion of unearned revenues 396.4 403.2
Total current liabilities 859.5 731.7
Long-term debt 2,741.9 2,981.8
Operating lease liabilities 432.1 466.7
Unearned revenues 218.8 267.5
Deferred income taxes 462.4 463.8
Other noncurrent liabilities 199.0 210.4
Total liabilities 4,913.7 5,121.9
Shareholders’ equity    
Series preferred stock, par value $1 per share, Authorized 2,500 shares; none issued 0.0 0.0
Additional paid-in capital 178.5 227.6
Retained earnings 506.3 197.6
Accumulated other comprehensive loss (78.4) (82.4)
Total shareholders’ equity 652.1 388.2
Total liabilities and shareholders’ equity 5,565.8 5,510.1
Common Stock - $1 par value    
Shareholders’ equity    
Common stock, par value $1 per share 40.6 40.3
Class B Stock - $1 par value    
Shareholders’ equity    
Common stock, par value $1 per share $ 5.1 $ 5.1