Other Non-Current Assets

9 Months Ended

Mar. 31, 2019

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other Non-Current Assets

OTHER NON-CURRENT ASSETS

Other non-current assets consisted of the following:

	March 31, 2019		June 30, 2018
	(in millions)
Deferred client conversion and start-up costs	$	223.1	$	169.5
Deferred sales commissions costs	87.2		—
Contract assets (a)	37.5		16.5
Deferred data center costs (b)	30.5		35.0
Long-term investments	93.7		80.3
Long-term broker fees	37.4		28.7
Other	30.2		30.5
Total	$	539.6	$	360.5

(a) Contract assets result from revenue already recognized but not yet invoiced, including certain future amounts to be collected under software term licenses and certain other client contracts.

(b) Represents deferred data center costs associated with the Company’s information technology services agreements with International Business Machines Corporation (“IBM”). Please refer to Note 14, “Contractual Commitments, Contingencies and Off-Balance Sheet Arrangements” for a further discussion.

The total amount of deferred client conversion and start-up costs and deferred sales commission costs amortized in Operating expenses during the three and nine months ended March 31, 2019 were $16.3 million and $48.9 million, respectively.