Goodwill and Intangible Assets, Net (Tables)

12 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Goodwill

Changes in Goodwill for the fiscal years ended June 30, 2022 and 2021 are as follows:

	Investor Communication Solutions		Global Technology and Operations		Total
	(in millions)
Goodwill, gross, at June 30, 2020	$	1,039.5	$	635.0	$	1,674.5
Additions	—		1,958.2		1,958.2
Foreign currency translation and other	16.5		71.2		87.7
Fair value adjustments (a)	0.2		(0.5)		(0.4)
Accumulated impairment losses	—		—		—
Goodwill, net, at June 30, 2021	$	1,056.1	$	2,664.0	$	3,720.1
Goodwill, gross, at June 30, 2021	$	1,056.1	$	2,664.0	$	3,720.1
Additions	—		10.1		10.1
Foreign currency translation and other	(12.4)		(230.7)		(243.1)
Fair value adjustments (a)	—		(2.3)		(2.3)
Accumulated impairment losses	—		—		—
Goodwill, net, at June 30, 2022	$	1,043.7	$	2,441.2	$	3,484.9

(a) Fair value adjustments includes adjustments to goodwill as part of finalization of the purchase price allocations.

Schedule of Intangible Assets at Cost and Accumulated Amortization

Intangible assets at cost and accumulated amortization at June 30, 2022 and 2021 are as follows:

	June 30,
	2022						2021
	Original Cost		Accumulated Amortization		Intangible Assets, net		Original Cost		Accumulated Amortization		Intangible Assets, net
	(in millions)
Software licenses	$	199.2	$	(153.3)	$	45.9	$	179.3	$	(129.1)	$	50.2
Acquired software technology	397.6		(211.3)		186.3		427.3		(149.6)		277.7
Customer contracts and lists	1,273.0		(519.0)		754.0		1,375.7		(373.1)		1,002.6
Acquired intellectual property	136.6		(131.9)		4.7		136.6		(118.0)		18.7
Other intangibles	154.3		(68.1)		86.2		117.9		(42.1)		75.8
	$	2,160.7	$	(1,083.6)	$	1,077.1	$	2,236.8	$	(811.8)	$	1,425.0

All of the intangible assets have finite lives and as such, are subject to amortization.

The weighted-average remaining useful life of the intangible assets is as follows:

	Weighted-Average Remaining Useful Life (Years)
Acquired software technology	3.5
Software licenses	1.9
Customer contracts and lists	5.2
Acquired intellectual property	0.9
Other intangibles	2.2
Total weighted-average remaining useful life	4.5

Finite-lived Intangible Assets Amortization Expense

Amortization of intangibles for the years ended June 30, 2022, 2021 and 2020 was as follows:

	Years ended June 30,
	2022		2021		2020
	(in millions)
Amortization expense for intangible assets	$	289.3	$	182.3	$	146.1

Estimated Amortization Expenses of Intangible Assets

Estimated remaining amortization expenses of the Company’s existing intangible assets for the next five fiscal years and thereafter are as follows:

Years Ending June 30,	(in millions)
2023	$	266.0
2024	238.9
2025	210.1
2026	187.3
2027	102.1
Thereafter	72.6