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Debt
 12 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Debt DEBT
The Company issued five series of fixed-rate notes with staggered maturities of 7 and 10-years totaling $5.0 billion (collectively the “Notes”). The Notes are senior unsecured obligations, and interest is payable in arrears, semi-annually.

During the fourth quarter ended June 30, 2026, the Company issued $1.0 billion of senior notes due in 2036 bearing a fixed interest rate of 5.00%. In connection with the senior notes issuance, the Company also terminated several derivative contracts in place to hedge exposure in changes in benchmark interest rates for the senior notes issued with an aggregate notional amount totaling $1.0 billion ($300.0 million were entered into during the fourth quarter ended June 30, 2026, and $700.0 million were entered into on the day of issuance). Since these derivative contracts were classified as cash flow hedges, the unamortized gain of $3.7 million was deferred in accumulated other comprehensive (loss)/income and will be amortized to earnings over the life of the respective issued Note as the interest payments are made.
The principal amounts and associated effective interest rates of the Notes and other debt as of June 30, 2026 and 2025 are as follows:
Debt instrumentEffective Interest RateJune 30, 2026June 30, 2025
Fixed-rate 1.70% notes due May 15, 2028
1.85%1,000.0 1,000.0 
Fixed-rate 1.25% notes due September 1, 2030
1.83%1,000.0 1,000.0 
Fixed-rate 4.75% notes due May 8, 2032
4.95%1,000.0 1,000.0 
Fixed-rate 4.45% notes due September 9, 2034
4.75%1,000.0 1,000.0 
Fixed-rate 5.00% notes due May 7, 2036
5.14%1,000.0 — 
Other1.8 2.9 
5,001.8 4,002.9 
Less: current portion (a)(1.0)(1.0)
Less: unamortized discount and debt issuance costs(36.7)(27.2)
Total long-term debt$4,964.1 $3,974.7 

(a) - Current portion of long-term debt as of June 30, 2026 is included within accrued expenses and other current liabilities on the Consolidated Balance Sheets.
The effective interest rates for the Notes include the interest on the Notes and amortization of the discount and debt issuance costs.
As of June 30, 2026, the fair value of the Notes, based on Level 2 inputs, was $4,803.0 million. For a description of the fair value hierarchy and the Company's fair value methodologies, including the use of an independent third-party pricing service, see Note 1 "Summary of Significant Accounting Policies."