Other Income, Net

9 Months Ended

Mar. 31, 2020

Other Income and Expenses [Abstract]

Other Income, Net

Other Income, Net

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2020		2019		2020		2019
Interest income on corporate funds	$	(12.1)	$	(15.0)	$	(70.1)	$	(71.6)
Realized gains on available-for-sale securities	(2.9)		(0.6)		(13.0)		(1.2)
Realized losses on available-for-sale securities	0.4		0.5		1.1		2.6
Impairment of intangible assets	—		—		—		12.1
Gain on sale of assets	—		—		(1.9)		(4.1)
Gain on sale of investment	—		—		(0.2)		—
Non-service components of pension expense, net (see Note 11)	(30.0)		(5.9)		(61.1)		(5.3)
Other income, net	$	(44.6)	$	(21.0)	$	(145.2)	$	(67.5)

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 an acquisition. In addition, the Company recognized a gain of $4.1 million for the sale of assets in relation to the Service Alignment Initiative.