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Employee Benefit Plans (Tables)
 12 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Schedule of Stock-Based Compensation Expense
The following table represents stock-based compensation expense and related income tax benefits in each of fiscal 2025, 2024, and 2023, respectively:
Years ended June 30,202520242023
Operating expenses$36.0 $30.0 $24.6 
Selling, general and administrative expenses193.7 179.5 165.0 
Research and development36.4 34.0 30.8 
Total pretax stock-based compensation expense$266.1 $243.5 $220.4 
Income tax benefit$66.0 $60.2 $54.5 
Schedule of Changes in Stock Options Outstanding
Stock Options:
Number
of Options
(in thousands)		Weighted
Average Price
(in dollars)
Options outstanding at July 1, 20242,042 $159 
Options granted— $— 
Options exercised(1,004)$154 
Options forfeited/cancelled(3)$207 
Options outstanding at June 30, 20251,035 $164 
Options exercisable at June 30, 2025882 $157 
Schedule of Time Based Restricted Shares and Units
Time-Based Restricted Stock and Time-Based Restricted Stock Units:
Number of Shares
(in thousands)		Number of Units
(in thousands)
Restricted shares/units outstanding at July 1, 2024124 1,053 
Restricted shares/units granted— 618 
Restricted shares/units vested(124)(435)
Restricted shares/units forfeited— (62)
Restricted shares/units outstanding at June 30, 2025— 1,174 
Schedule of Performance Based Restricted Shares and Units
Performance-Based Restricted Stock and Performance-Based Restricted Stock Units:
Number of Shares
(in thousands)		Number of Units
(in thousands)
Restricted shares/units outstanding at July 1, 202488 753 
Restricted shares/units granted— 305 
Restricted shares/units vested(58)(293)
Restricted shares/units forfeited(3)(14)
Restricted shares/units outstanding at June 30, 202527 751 
Schedule of Weighted Average Fair Value of Restricted Stock Granted
The weighted average fair values of shares/units granted were as follows:
Years ended June 30,202520242023
(in dollars)
Performance-based restricted shares/units$283.84 $262.56 $245.96 
Time-based restricted shares/units$277.10 $255.29 $214.75 
Schedule of Net Funded Status
The Company's pension plans' funded status as of June 30, 2025 and 2024 is as follows:
June 30,20252024
Change in plan assets:
Fair value of plan assets at beginning of year$1,879.6 $1,854.4 
Actual return on plan assets147.7 106.8 
Employer contributions20.1 13.4 
Currency translation adjustments3.7 0.6 
Benefits paid(112.9)(95.6)
Fair value of plan assets at end of year$1,938.2 $1,879.6 
Change in benefit obligation:
Benefit obligation at beginning of year$1,706.2 $1,725.8 
Service cost6.0 5.2 
Interest cost87.4 84.6 
Actuarial loss/(gain) (a)26.0 (14.6)
Currency translation adjustments5.9 0.8 
Curtailments and special termination benefits(0.3)— 
Benefits paid(112.6)(95.6)
Projected benefit obligation at end of year$1,718.6 $1,706.2 
Funded status - plan assets less benefit obligations$219.6 $173.4 
(a) The actuarial loss for fiscal 2025 was primarily due to changes in the discount rate.
Schedule of Amounts Recognized in Balance Sheet
The amounts recognized on the Consolidated Balance Sheets as of June 30, 2025 and 2024 consisted of:
June 30,20252024
Noncurrent assets$334.2 $286.3 
Current liabilities(5.9)(11.1)
Noncurrent liabilities(108.7)(101.8)
Net amount recognized$219.6 $173.4 
Schedule of Defined Benefit Plan, Plan With Projected Benefit Obligation in Excess of Plan Assets
The Company's pension plans with projected benefit obligations in excess of plan assets as of June 30, 2025 and 2024 had the following projected benefit obligation and fair value of plan assets:
June 30,20252024
Projected benefit obligation$151.3 $143.7 
Fair value of plan assets$36.7 $30.8 
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets
The Company's pension plans with accumulated benefit obligations in excess of plan assets as of June 30, 2025 and 2024 had the following accumulated benefit obligation and fair value of plan assets:
June 30,20252024
Accumulated benefit obligation$107.9 $108.6 
Fair value of plan assets$9.2 $7.6 
Schedule of Net Pension (Income)/ Expense
The components of net pension (income)/expense were as follows:
 202520242023
Service cost – benefits earned during the year$6.0 $5.2 $4.8 
Interest cost on projected benefits87.4 84.6 78.2 
Expected return on plan assets(116.0)(115.9)(127.5)
Net amortization and deferral3.2 2.9 1.9 
Special termination benefits, plan curtailments, and settlement charges(0.3)0.3 — 
Net pension (income)/expense$(19.7)$(22.9)$(42.6)
Schedule of Assumptions Used
Assumptions used to determine the actuarial present value of benefit obligations were:
Years ended June 30,20252024
Discount rate5.35 %5.40 %
Interest crediting rate3.85 %3.70 %
Increase in compensation levelsN/AN/A
Schedule of Defined Benefit Plan Assumptions Used Calculating Net Pension (Income)/Expense
Assumptions used to determine the net pension (income)/expense generally were:
Years ended June 30,202520242023
Discount rate5.40 %5.10 %4.60 %
Interest crediting rate3.70 %3.50 %3.25 %
Expected long-term rate of return on assets6.00 %6.00 %6.75 %
Increase in compensation levelsN/AN/AN/A
Schedule of Allocation of Plan Assets
The Company's pension plans' asset allocations at June 30, 2025 and 2024 by asset category were as follows:
20252024
Cash and cash equivalents5 %— %
Fixed income securities69 %63 %
U.S. equity securities10 %12 %
International equity securities5 %10 %
Global equity securities11 %15 %
100 %100 %
Schedule of Defined Benefit Plan Target Allocation Percentage
The target asset allocation ranges for the U.S. plan are generally as follows:
U.S. fixed income securities
60% - 70%
U.S. equity securities
7% - 17%
International equity securities
5% - 15%
Global equity securities
8% - 18%
Schedule of Fair Value, Assets Measured on Recurring Basis
The following table presents the investments of the pension plans measured at fair value at June 30, 2025:
Level 1Level 2Level 3Total
Commingled trusts$— $501.6 $— $501.6 
Government securities— 532.4 — 532.4 
Corporate and municipal bonds— 783.6 — 783.6 
Mortgage-backed security bonds— 15.7 — 15.7 
Total pension asset investments$— $1,833.3 $— $1,833.3 
The following table presents the investments of the pension plans measured at fair value at June 30, 2024:
Level 1Level 2Level 3Total
Commingled trusts$— $679.5 $— $679.5 
Government securities— 490.4 — 490.4 
Corporate and municipal bonds— 695.4 — 695.4 
Mortgage-backed security bonds— 3.9 — 3.9 
Total pension asset investments$— $1,869.2 $— $1,869.2