INTEREST EXPENSE, NET AND OTHER (INCOME) EXPENSE, NET

12 Months Ended

Jun. 30, 2014

Interest Income And Interest Expense Disclosure [Abstract]

Interest Expense, Net and Other (Income) Expense, Net

INTEREST EXPENSE, NET AND OTHER EXPENSE (INCOME), NET

Interest expense, net for the years ended June 30, 2014, 2013 and 2012 is presented below:

	Year Ended June 30,
	2014			2013			2012
Interest expense	$	69.8		$	77.2		$	81.8
Foreign exchange losses, net of derivative contracts	2.8			—			5.8
Deferred financing fees write-off	—			2.6			1.4
Accretion of acquisition-related liability	—			0.6			7.0
Interest income	(4.1		)	(3.9		)	(6.4		)
Total interest expense, net	$	68.5		$	76.5		$	89.6

Other expense (income), net for the years ended June 30, 2014, 2013 and 2012 is presented below:

	Year Ended June 30,
	2014		2013			2012
Derivative losses - foreign exchange contracts	$	—	$	—		$	33.6
Foreign exchange transaction losses	—		—			1.9
Miscellaneous expense (income)	1.3		(0.8		)	(3.5		)
Total other expense (income)	$	1.3	$	(0.8	)	$	32.0