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Employee Benefit Plans (Tables)
 12 Months Ended
Jun. 30, 2026
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 2026, 2025, and 2024, respectively:
Years ended June 30,202620252024
Operating expenses$32.9 $36.0 $30.0 
Selling, general, and administrative expenses176.0 193.7 179.5 
Research and development33.7 36.4 34.0 
Total pretax stock-based compensation expense$242.6 $266.1 $243.5 
Income tax benefit$60.0 $66.0 $60.2 
Schedule of Changes in Stock Options Outstanding
In fiscal 2026, the following activity occurred under the Company’s existing plans:

Stock Options:
Number
of Options
(in thousands)		Weighted
Average Price
(in dollars)
Options outstanding at July 1, 20251,035 $164 
Options exercised(199)$167 
Options outstanding at June 30, 2026836 $163 
Options exercisable at June 30, 2026836 $163 
Schedule of Time Based Restricted Shares and Units
Time-Based Restricted Stock Units:
Number of Units
(in thousands)
Restricted units outstanding at July 1, 20251,174 
Restricted units granted627 
Restricted units vested(576)
Restricted units forfeited(60)
Restricted units outstanding at June 30, 20261,165 
Schedule of Performance Based Restricted Shares and Units
Performance-Based Restricted Stock Units:
Number of Units
(in thousands)
Restricted units outstanding at July 1, 2025778 
Restricted units granted405 
Restricted units vested(372)
Restricted units forfeited(26)
Restricted units outstanding at June 30, 2026785 
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 30,202620252024
(in dollars)
Performance-based restricted shares/units$299.31 $283.84 $262.56 
Time-based restricted shares/units$301.02 $277.10 $255.29 
Schedule of Net Funded Status
The Company's pension plans' funded status as of June 30, 2026 and 2025 is as follows:
June 30,20262025
Change in plan assets:
Fair value of plan assets at beginning of year$1,938.2 $1,879.6 
Actual return on plan assets151.6 147.7 
Employer contributions17.8 20.1 
Currency translation adjustments(3.5)3.7 
Benefits paid(118.9)(112.9)
Fair value of plan assets at end of year$1,985.2 $1,938.2 
Change in benefit obligation:
Benefit obligation at beginning of year$1,718.6 $1,706.2 
Service cost8.1 6.0 
Interest cost86.9 87.4 
Actuarial loss/(gain) (a)(28.3)26.0 
Currency translation adjustments(3.0)5.9 
Curtailments and special termination benefits(0.5)(0.3)
Benefits paid(118.4)(112.6)
Projected benefit obligation at end of year$1,663.4 $1,718.6 
Funded status - plan assets less benefit obligations$321.8 $219.6 
(a) The actuarial gain for fiscal 2026 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, 2026 and 2025 consisted of:
June 30,20262025
Noncurrent assets$431.1 $334.2 
Current liabilities(6.5)(5.9)
Noncurrent liabilities(102.8)(108.7)
Net amount recognized$321.8 $219.6 
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, 2026 and 2025 had the following projected benefit obligation and fair value of plan assets:
June 30,20262025
Projected benefit obligation$154.1 $151.3 
Fair value of plan assets$44.8 $36.7 
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, 2026 and 2025 had the following accumulated benefit obligation and fair value of plan assets:
June 30,20262025
Accumulated benefit obligation$108.3 $107.9 
Fair value of plan assets$11.6 $9.2 
Schedule of Net Pension (Income)/ Expense
The components of net pension (income)/expense were as follows:
202620252024
Service cost – benefits earned during the year$8.1 $6.0 $5.2 
Interest cost on projected benefits86.9 87.4 84.6 
Expected return on plan assets(113.4)(116.0)(115.9)
Net amortization and deferral3.0 3.2 2.9 
Special termination benefits, plan curtailments, and settlement charges— (0.3)0.3 
Net pension (income)/expense$(15.4)$(19.7)$(22.9)
Schedule of Assumptions Used
Assumptions used to determine the actuarial present value of benefit obligations were:
Years ended June 30,20262025
Discount rate5.55 %5.35 %
Interest crediting rate3.95 %3.85 %
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 30,202620252024
Discount rate5.35 %5.40 %5.10 %
Interest crediting rate3.85 %3.70 %3.50 %
Expected long-term rate of return on assets5.90 %6.00 %6.00 %
Increase in compensation levelsN/AN/AN/A
Schedule of Allocation of Plan Assets
The Company's pension plans' asset allocations for the U.S. plan at June 30, 2026 and 2025 by asset category were as follows:
20262025
Cash and cash equivalents1 %5 %
Fixed income securities73 %69 %
U.S. equity securities17 %11 %
International equity securities9 %6 %
Global equity securities— %9 %
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 and cash
70% - 80%
U.S. equity securities
9% - 19%
International equity securities
4% - 11%
Global equity securities
—% - 11%
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, 2026:
Level 1Level 2Level 3Total
Commingled trusts$— $534.2 $— $534.2 
Government securities— 536.3 — 536.3 
Corporate and municipal bonds— 854.4 — 854.4 
Mortgage-backed security bonds— 38.6 — 38.6 
Total pension asset investments$— $1,963.5 $— $1,963.5 
The following table presents the investments of the pension plans measured at fair value at June 30, 2025:
Level 1Level 2Level 3Total
Commingled trusts$— $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