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INTEREST EXPENSE, NET (Tables)
 12 Months Ended
Jun. 30, 2020
Interest Income (Expense), Net [Abstract]  
Interest expense, net
Interest expense, net for the years ended June 30, 2020, 2019 and 2018 is presented below:
Year Ended June 30,
202020192018
Interest expense$233.3 $252.0 $222.7 
Foreign exchange (gain) losses, net of derivative contracts (a)
14.8 (7.6)(8.5)
Interest income(5.4)(19.2)(13.6)
Total interest expense, net$242.7 $225.2 $200.6 

(a) In the year ended June 30, 2018, the Company recorded gains of $1.4 related to short-term forward contracts to exchange euros for U.S. dollars to facilitate the repayment of U.S. dollar denominated debt. Fluctuations in exchange rates between the dates the short-term forward contracts were entered into and the settlement date resulted in a gain upon settlement of $1.4 included within total Interest expense, net for the fiscal year ended June 30, 2018 in the Company’s Consolidated Statements of Operations.