Fair Value Measurements (Tables)

6 Months Ended

Dec. 31, 2015

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following tables summarize the valuation of our financial instruments carried at fair value by the above pricing categories (in millions):

	December 31, 2015
	Level 1		Level 2		Level 3		Total
Measured at fair value on a recurring basis:
Assets:
Investment securities	$	14.9	$	—	$	—	$	14.9
Foreign currency forward contracts	—		4.8		—		4.8
Funds associated with Israeli post-employment benefits	—		17.2		—		17.2
Total assets	$	14.9	$	22.0	$	—	$	36.9
Liabilities:
Contingent consideration	$	—	$	—	$	17.9	$	17.9
Interest rate swap agreements	—		0.3		—		0.3
Foreign currency forward contracts	—		3.9		—		3.9
Total liabilities	$	—	$	4.2	$	17.9	$	22.1
Measured at fair value on a non-recurring basis:
Assets:
Indefinite-lived intangible assets	$	—	$	—	$	1,813.8	$	1,813.8
Assets held for sale, net	—		—		37.5		37.5
Total assets	$	—	$	—	$	1,851.3	$	1,851.3

	June 27, 2015
	Level 1		Level 2		Level 3		Total
Measured at fair value on a recurring basis:
Assets:
Investment securities	$	12.7	$	—	$	—	$	12.7
Foreign currency forward contracts	—		12.4		—		12.4
Funds associated with Israeli post-employment benefits	—		17.3		—		17.3
Total assets	$	12.7	$	29.7	$	—	$	42.4
Liabilities:
Foreign currency forward contracts	$	—	$	4.6	$	—	$	4.6
Total liabilities	$	—	$	4.6	$	—	$	4.6

	June 28, 2014
	Level 1		Level 2		Level 3		Total
Assets:
Investment securities	$	20.7	$	—	$	—	$	20.7
Foreign currency forward contracts	—		3.1		—		3.1
Funds associated with Israeli post-employment benefits	—		19.3		—		19.3
Total assets	$	20.7	$	22.4	$	—	$	43.1
Liabilities:
Contingent consideration	$	—	$	—	$	17.4	$	17.4
Interest rate swap agreements	—		8.3		—		8.3
Foreign currency forward contracts	—		0.8		—		0.8
Total liabilities	$	—	$	9.1	$	17.4	$	26.5

Rollforward of the Assets Measured at Fair Value Using Unobservable Inputs

The table below presents a reconciliation for liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) (in millions):

	Six Months Ended		Fiscal Year Ended
	December 31, 2015		June 27, 2015			June 28, 2014
Contingent Consideration
Beginning balance:	$	—	$	17.4		$	22.2
Net realized losses	—		0.9			1.1
Purchases or additions	17.9		—			0.8
Settlements	—		(18.3		)	(6.7		)
Ending balance:	$	17.9	$	—		$	17.4