XML 67 R43.htm IDEA: XBRL DOCUMENT v3.20.2
Other Income / Expense (Tables)
12 Months Ended
Jun. 30, 2020
Other Income and Expenses [Abstract]  
Schedule of Other Nonoperating Income (Expense)
The components of other (income)/expense, net for the fiscal year ended June 30, 2020, 2019, and 2018 are as follows:
Fiscal Year Ended  
June 30,
(Dollars in millions)202020192018
Other (income)/expense, net
Debt refinancing costs (1)
$16.3 $15.8 $11.8 
Foreign currency (gains) and losses (2)
(3.0)(0.5)(4.6)
Other (3)
(5.4)(12.6)(1.7)
Total other (income)/expense$7.9 $2.7 $5.5 
(1) The expense in the fiscal year ended June 30, 2020 includes (a) a write-off of $6.0 million of previously capitalized financing charges related to the Company's recently repaid euro-denominated term loan under its senior secured credit facilities and the Company's recently redeemed Euro 2024 Notes and (b) a $10.0 million premium on early redemption of the Euro 2024 Notes. The expense in the fiscal year ended June 30, 2019 includes $15.8 million of financing charges related to the offering of the USD 2028 Notes. The fiscal year ended June 30, 2018 include financing charges of $11.8 million related to the offering of the USD 2026 Notes and an amendment to the Credit Agreement, which included a $6.1 million charge for commitment fees paid during the first quarter of fiscal 2018 on a related bridge facility.
(2) Foreign currency (gains) and losses include both cash and non-cash transactions.
(3) Included within Other are unrealized derivative instrument gains of $3.2 million and $12.9 million during the fiscal years ended June 30, 2020 and 2019, respectively.