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Other Expense/(Income), Net
 12 Months Ended
Jun. 30, 2019
Other Income, Net [Abstract]  
Other Expense/(Income), Net
NOTE 6. OTHER (INCOME)/EXPENSE, NET

Other (income)/expense, net consists of the following:
Years ended June 30,
 
2019
 
2018
 
2017
Interest income on corporate funds
 
$
(97.6
)
 
$
(83.5
)
 
$
(76.7
)
Realized gains on available-for-sale securities
 
(1.8
)
 
(2.0
)
 
(5.3
)
Realized losses on available-for-sale securities
 
2.7

 
4.5

 
3.1

Impairment of intangible assets
 
12.1

 
—

 
—

Gain on sale of assets
 
(4.1
)
 
(0.7
)
 
—

Gain on sale of investment
 
(15.7
)
 
—

 
—

Gain on sale of business
 
—

 
—

 
(205.4
)
Non-service components of pension expense, net
 
(6.7
)
 
253.8

 
(58.9
)
Other (income)/expense, net
 
$
(111.1
)
 
$
172.1

 
$
(343.2
)


The charges within non-service components of pension expense, net include $48.2 million of non-cash settlement charges and of special termination benefits related to the Voluntary Early Retirement Program (“VERP”), for the twelve months ended June 30, 2019, offset by $54.9 million related to other components of net periodic pension cost for the twelve months ended June 30, 2019. Refer to Note 1 and Note 12 for further information.

In fiscal 2019, the Company wrote down $12.1 million of internally developed software which was determined to have no future use due to redundant software identified as part of a recent acquisition.

Additionally in fiscal 2019, the Company recognized a gain of $4.1 million for the sale of assets in relation to the Service Alignment Initiative, and a gain $15.7 million in relation to the sale of investment held at cost acquired in prior years and subsequently sold, in Other (income)/expense, net, on the Statement of Consolidated Earnings.