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Restructuring Charges
12 Months Ended
Jun. 30, 2016
Restructuring Charges [Abstract]  
Restructuring Charges
RESTRUCTURING CHARGES
In June 2015, the Board of Directors approved a plan (the “Margin Acceleration Program”) to restructure our operations to improve the productivity and efficiency of the Company, simplify the organization, and streamline decision-making, thereby enhancing client engagement. The Margin Acceleration Program is companywide. The activities under the Margin Acceleration Program are substantially complete as of June 30, 2016. For Fiscal Years 2016 and 2015, we recorded $27.8 million and $20.0 million, respectively, in restructuring charges related to the Margin Acceleration Program.
Various restructuring plans adopted by us since Fiscal Year 2005 are included in the Pre-2012 Plans.
Changes in the restructuring accrual during Fiscal Year 2016 are summarized below:
 
 
Balance at
 
Charges/(Benefits)
 
Payments/Foreign
Currency Exchange
 
Balance at
(dollars in millions)
 
June 30, 2015
 
 
 
June 30, 2016
2015 Margin Acceleration Program
 
 
 
 
 
 
 
 
Employee severance
 
$
20.0

 
$
18.5

 
$
(28.0
)
 
$
10.5

Facilities-related and other costs
 

 
9.3

 
(2.2
)
 
7.1

Pre-2012 Restructuring Plans
 
 
 
 
 
 
 
 
Facilities-related and other costs
 
0.3

 

 
(0.2
)
 
0.1

Total
 
$
20.3

 
$
27.8

 
$
(30.4
)
 
$
17.7


Net restructuring charges by segment for Fiscal Year 2016 and Fiscal Year 2015 are as follows:
 
 
Fiscal Year Ended June 30,
(dollars in millions)
 
2016
 
2015
CRS
 
$
9.1

 
$
13.7

PC
 
2.3

 
3.8

PI
 
10.6

 
1.1

    Segment Total
 
22.0

 
18.6

Corporate restructuring charges
 
5.8

 
1.2

    Total restructuring charges
 
$
27.8

 
$
19.8