Divestiture (Tables)

9 Months Ended

Mar. 31, 2015

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations, Income Statement and Balance Sheet

In conjunction with the spin-off of CDK and the sale of OHS, the Company has classified the operating results of these businesses as discontinued operations for all periods presented. Results for these businesses were as follows:

	Three Months Ended					Nine Months Ended
	March 31,					March 31,
	2015			2014		2015			2014
Revenues	$	—		$	498.1	$	508.9		$	1,464.8
(Losses)/earnings from discontinued operations before income taxes	(2.4		)	110.0		60.7			302.8
Provision for income taxes	—			32.1		68.4			98.4
Net earnings from discontinued operations      before gain on disposal of discontinued operations	(2.4		)	77.9		(7.7		)	204.4
Gain on disposal of OHS, less costs to sell	—			15.6		—			15.6
Provision for income taxes	—			5.1		—			5.1
Net gain on disposal of OHS	$	—		$	10.5	$	—		$	10.5
Net (loss)/earnings from discontinued operations	$	(2.4	)	$	88.4	$	(7.7	)	$	214.9

The following is a summary of the assets and liabilities related to discontinued operations as of June 30, 2014:

	June 30, 2014
Assets:
Cash	$	397.7
Accounts receivable, net	296.7
Property, plant and equipment, net	109.7
Goodwill	1,226.6
Intangible assets, net	133.5
Other assets	245.5
Total assets	$	2,409.7
Liabilities:
Accounts payable	$	17.2
Accrued expenses and other current liabilities	128.1
Accrued payroll and payroll related expenses	99.2
Deferred revenues	218.2
Deferred income taxes	70.8
Other liabilities	47.7
Total liabilities	$	581.2