INTEREST EXPENSE, NET (Tables)

12 Months Ended

Jun. 30, 2020

Interest Income (Expense), Net [Abstract]

Interest expense, net for the years ended June 30, 2020, 2019 and 2018 is presented below:


	Year Ended June 30,
	2020		2019		2018
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.