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Fair Value Measurements (Tables)
6 Months Ended
Dec. 31, 2016
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]  
Schedule Of Fair Value Hierarchy, Assets (Liabilities) Carried At Fair Value
(in millions)
Level 1
 
Level 2
 
Level 3
 
Total
Contingent consideration
$

 
$

 
$
(5.2
)
 
$
(5.2
)
Interest rate derivative instruments

 
(1.3
)
 

 
(1.3
)
Foreign currency exchange contracts

 
(5.3
)
 

 
(5.3
)
Total
$

 
$
(6.6
)
 
$
(5.2
)
 
$
(11.8
)
(in millions)
Level 1
 
Level 2
 
Level 3
 
Total
Contingent consideration
$

 
$

 
$
(14.0
)
 
$
(14.0
)
Forward share repurchase contract

 

 
19.7

 
19.7

Interest rate derivative instruments

 
0.5

 

 
0.5

Foreign currency exchange contracts

 
(5.3
)
 

 
(5.3
)
Total
$

 
$
(4.8
)
 
$
5.7

 
$
0.9

Fair Value Inputs, Liabilities, Quantitative Information [Table Text Block]
The recurring Level 3 fair value measurements of our contingent consideration liability include the following significant unobservable inputs:
 
 
Health Advances
 
ExecuPharm
Unobservable Input
 
Range
 
Range
Risk free rate
 
1.3%
 
0.7%
Revenue volatility
 
26%
 
29%
Projected period of payment
 
Approximately 2 years
 
Approximately 2 years
The recurring Level 3 fair value measurements of our forward share repurchase contract asset include the following significant unobservable inputs:
 
Forward Share
Unobservable Input
Repurchase Contract
Risk free rate
0.6%
Share price volatility
37.5
Contract term
0.4 years
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The following table provides a summary of the change in our valuation of the fair value of the forward share repurchase contract asset, which was determined by Level 3 inputs:
(in millions)
 
 
 
 
Balance at June 30, 2016
 
 
 
$

Additions of forward share repurchase contract
 
 
 
40.0

Change in fair value of forward share repurchase contract
 
 
 
(20.3
)
Balance at December 31, 2016
 
 
 
$
19.7


The following table provides a summary of the change in our valuation of the fair value of the contingent consideration liability, which was determined by Level 3 inputs:
(in millions)
 
 
 
 
Balance at June 30, 2016
 
 
 
$
5.2

Additions of contingent consideration due to ExecuPharm acquistion
 
 
 
9.4

Change in fair value of contingent consideration for Health Advances
 
 
 
(0.6
)
Balance at December 31, 2016
 
 
 
$
14.0