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Other Income, net
 12 Months Ended
Jun. 30, 2017
Other Income, Net [Abstract]  
Other Income, net
NOTE 5. OTHER INCOME, NET

Other income, net consists of the following:
Years ended June 30,
 
2017
 
2016
 
2015
Interest income on corporate funds
 
$
(76.7
)
 
$
(62.4
)
 
$
(56.9
)
Realized gains on available-for-sale securities
 
(5.3
)
 
(5.1
)
 
(6.8
)
Realized losses on available-for-sale securities
 
3.1

 
10.1

 
1.9

Gain on sale of notes receivable
 
—

 
—

 
(1.4
)
Gain on sale of businesses (see Note 3)
 
(205.4
)
 
(29.1
)
 
—

Gain on sale of building
 
—

 
(13.9
)
 
—

Other income, net
 
$
(284.3
)
 
$
(100.4
)
 
$
(63.2
)


During fiscal 2016, the Company sold a building and, as a result, recorded a gain of $13.9 million in Other income, net, on the Statements of Consolidated Earnings.

During fiscal 2015, the Company sold notes receivable related to Dealer Services financing arrangements for $226.7 million. Although the sale of the notes receivable transfers the majority of the risk to the purchaser, the Company does retain a minimal level of credit risk on the sold receivables. The cash received in exchange for the notes receivable sold was recorded within the operating activities on the Statements of Consolidated Cash Flows and the gain on sale of $1.4 million was recorded within Other income, net on the Statements of Consolidated Earnings.