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Other Income, Net
9 Months Ended
Mar. 31, 2019
Other Income and Expenses [Abstract]  
Other Income, Net
Other Income, Net
 
Three Months Ended
 
Nine Months Ended
 
March 31,
 
March 31,
 
2019
 
2018
 
2019
 
2018
Interest income on corporate funds
$
(15.0
)
 
$
(11.0
)
 
$
(71.6
)
 
$
(59.4
)
Realized gains on available-for-sale securities
(0.6
)
 
(1.3
)
 
(1.2
)
 
(1.9
)
Realized losses on available-for-sale securities
0.5

 
1.6

 
2.6

 
3.2

Impairment of intangible assets

 

 
12.1

 

Gain on sale of assets

 

 
(4.1
)
 
(0.4
)
Non-service components of pension expense, net (see Note 2)
(5.9
)
 
(16.5
)
 
(5.3
)
 
(49.4
)
Other income, net
$
(21.0
)
 
$
(27.2
)
 
$
(67.5
)
 
$
(107.9
)


The charges within non-service components of pension expense, net include $7.8 million and $35.9 million of non-cash settlement charges and of special termination benefits related to the Voluntary Early Retirement Program (“VERP”), for the three and nine months ended March 31, 2019, respectively, partially offset by $13.7 million and $41.2 million related to other components of net periodic pension cost for the three and nine months ended March 31, 2019, respectively. Refer to Note 2 and Note 12 for further information.

During the three months ended September 30, 2018, the Company wrote down $12.1 million of internally developed software which was determined to have no future use due to redundant software identified as part of a recent acquisition.

During the three months ended December 31, 2018, the Company sold assets in relation to the Service Alignment Initiative and, as a result, recorded a gain of $4.1 million in Other income, net, on the Statement of Consolidated Earnings.