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Restructuring Charges
 12 Months Ended
Jun. 30, 2017
Restructuring Charges [Abstract]  
Restructuring Charges
RESTRUCTURING CHARGES
January 6, 2017, we approved a plan to restructure our operations to improve the productivity and efficiency of the company, simplify the organization, and streamline decision-making, thereby enhancing client engagement. In May 2017, the company approved an expansion of the 2017 Restructuring Program. For the Fiscal Year 2017 we recorded a $40.7 million restructuring charge, related to the 2017 Restructuring Program, of which employee separation benefits amounted to $39.7 million, remaining $1.0 million relates to facilities separation cost.
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 was companywide. The activities under the Margin Acceleration Program were substantially complete as of June 30, 2016. For Fiscal Year 2017 and 2016, we recorded $0.5 million and $27.8 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 2017 are summarized below:
 
 
Balance at
 
Charges/(Benefits)
 
Payments/Foreign
Currency Exchange
 
Balance at
(dollars in millions)
 
June 30, 2016
 
 
 
June 30, 2017
2017 Restructuring Plan
 
 
 
 
 
 
 
 
Employee severance
 
$
—

 
$
39.7

 
$
(10.7
)
 
$
29.0

Facilities-related and other costs
 
—

 
1.0

 
—

 
1.0

2015 Margin Acceleration Program
 
 
 
 
 
 
 
 
Employee severance
 
10.5

 
(1.0
)
 
(9.1
)
 
0.4

Facilities-related and other costs
 
7.1

 
1.5

 
(5.0
)
 
3.6

Pre-2012 Restructuring Plans
 
 
 
 
 
 
 
 
Facilities-related and other costs
 
0.1

 
—

 
(0.1
)
 
—

Total
 
$
17.7

 
$
41.2

 
$
(24.9
)
 
$
34.0


Net restructuring charges by segment for Fiscal Year 2017 and Fiscal Year 2016 are as follows:
 
 
Fiscal Year Ended June 30,
(dollars in millions)
 
2017
 
2016
CRS
 
$
26.4

 
$
9.1

PC
 
(0.1
)
 
2.3

PI
 
6.3

 
10.6

    Segment Total
 
32.6

 
22.0

Corporate restructuring charges
 
8.6

 
5.8

    Total restructuring charges
 
$
41.2

 
$
27.8