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Employee Benefit Plans (Tables)
 12 Months Ended
Jun. 30, 2021
Retirement Benefits [Abstract]  
Components Of Stock-Based Compensation Expense The following table represents stock-based compensation expense and related income tax benefits in each of fiscal 2021, 2020, and 2019, respectively:
Years ended June 30,202120202019
Operating expenses$17.9 $13.7 $16.9 
Selling, general and administrative expenses133.9 99.1 131.2 
System development and programming costs23.5 18.0 19.2 
Total pretax stock-based compensation expense$175.3 $130.8 $167.3 
Income tax benefit$43.0 $32.2 $41.6 
Changes In Stock Options Outstanding Stock Options:
Number
of Options
(in thousands)		Weighted
Average Price
(in dollars)
Options outstanding at July 1, 20203,510 $126 
Options granted1,153 $139 
Options exercised(865)$(102)
Options forfeited/cancelled(93)$(147)
Options outstanding at June 30, 20213,705 $135 
Options exercisable at June 30, 20211,433 $117 
Shares available for future grants, end of year22,985 
Shares reserved for issuance under stock option plans, end of year26,690 
Time Based Restricted Shares and Units Time-Based Restricted Stock and Time-Based Restricted Stock Units:
Number of Shares
(in thousands)		Number of Units
(in thousands)
Restricted shares/units outstanding at July 1, 2020905 180 
Restricted shares/units granted685 105 
Restricted shares/units vested(375)(74)
Restricted shares/units forfeited(74)(11)
Restricted shares/units outstanding at June 30, 20211,141 200 
Performance Based Restricted shares and units Performance-Based Restricted Stock and Performance-Based Restricted Stock Units:
Number of Shares
(in thousands)		Number of Units
(in thousands)
Restricted shares/units outstanding at July 1, 2020179 851 
Restricted shares/units granted156 177 
Restricted shares/units vested(70)(290)
Restricted shares/units forfeited(18)(38)
Restricted shares/units outstanding at June 30, 2021247 700 
Assumptions Used To Estimate Fair Value For Stock Options Granted The fair value for stock options granted was estimated at the date of grant using the following assumptions:
 202120202019
Risk-free interest rate0.1 %1.4 %2.7 %
Dividend yield2.6 %1.9 %1.9 %
Weighted average volatility factor25.8 %19.3 %20.9 %
Weighted average expected life (in years)5.45.45.4
Weighted average fair value (in dollars) $21.66 $24.40 $26.60 
Weighted average fair value of restricted stock granted The weighted average fair values of shares granted were as follows:
Year ended June 30,202120202019
(in dollars)
Performance-based restricted stock $138.53 $169.84 $146.93 
Time-based restricted stock$141.52 $167.16 $146.80 
Schedule of Net Funded Status The Company's pension plans' funded status as of June 30, 2021 and 2020 is as follows:
June 30,20212020
Change in plan assets:
Fair value of plan assets at beginning of year$1,988.8 $1,910.5 
Actual return on plan assets385.2 172.1 
Employer contributions10.9 9.8 
Currency translation adjustments21.8 (3.5)
Benefits paid(100.4)(100.1)
Fair value of plan assets at end of year$2,306.3 $1,988.8 
Change in benefit obligation:
Benefit obligation at beginning of year$2,180.1 $1,951.2 
Service cost4.9 59.7 
Interest cost51.4 61.8 
Actuarial loss(11.8)210.7 
Currency translation adjustments25.1 (3.6)
Plan changes— 0.4 
Benefits paid(100.4)(100.1)
Projected benefit obligation at end of year$2,149.3 $2,180.1 
Funded status - plan assets less benefit obligations$157.0 $(191.3)
Schedule of Amounts Recognized in Balance Sheet The amounts recognized on the Consolidated Balance Sheets as of June 30, 2021 and 2020 consisted of:
June 30,20212020
Noncurrent assets$320.5 $19.8 
Current liabilities(6.0)(5.4)
Noncurrent liabilities(157.5)(205.7)
Net amount recognized$157.0 $(191.3)
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets The Company's pension plans with accumulated benefit obligations in excess of plan assets as of June 30, 2021 and 2020 had the following projected benefit obligation, accumulated benefit obligation, and fair value of plan assets:
June 30,20212020
Projected benefit obligation$182.2 $2,046.5 
Accumulated benefit obligation$168.3 $2,034.4 
Fair value of plan assets$18.7 $1,835.4 
Components Of Net Pension (Income)/ Expense The components of net pension (income)/ expense were as follows:
 202120202019
Service cost – benefits earned during the period$4.9 $59.7 $59.8 
Interest cost on projected benefits51.4 61.8 78.6 
Expected return on plan assets(121.3)(117.9)(131.8)
Net amortization and deferral9.3 6.8 0.1 
Special termination benefits, plan curtailments, and settlement charges2.9 (22.0)48.7 
Net pension (income)/expense$(52.8)$(11.6)$55.4 
Schedule of Assumptions Used Assumptions used to determine the actuarial present value of benefit obligations were:
Years ended June 30,20212020
Discount rate2.55 %2.45 %
Increase in compensation levelsN/A4.00 %
Defined Benefit Plan Assumptions Used Calculating Net Pension Expense Assumptions used to determine the net pension expense generally were:
Years ended June 30,202120202019
Discount rate2.45 %3.40 %4.10 %
Expected long-term rate of return on assets6.75 %6.75 %6.75 %
Increase in compensation levels4.00 %4.00 %4.00 %
Schedule of Allocation of Plan Assets The Company's pension plans' asset allocations at June 30, 2021 and 2020 by asset category were as follows:
20212020
Cash and cash equivalents1 %1 %
Fixed income securities38 %44 %
U.S. equity securities19 %17 %
International equity securities15 %13 %
Global equity securities27 %25 %
100 %100 %
Defined Benefit Plan Target Allocation Percentage The target asset allocation ranges for the U.S. plan are generally as follows:
U.S. fixed income securities
35% - 45%
U.S. equity securities
14% - 24%
International equity securities
11% - 21%
Global equity securities
20% - 30%
Fair Value, Assets Measured on Recurring Basis
The following table presents the investments of the pension plans measured at fair value at June 30, 2021:
Level 1Level 2Level 3Total
Commingled trusts$— $1,060.2 $— $1,060.2 
Government securities— 426.2 — 426.2 
Mutual funds10.2 345.7 — 355.9 
Corporate and municipal bonds— 417.2 — 417.2 
Mortgage-backed security bonds— 38.6 — 38.6 
Total pension asset investments$10.2 $2,287.9 $— $2,298.1 

In addition to the investments in the above table, the pension plans also held cash and cash equivalents of $8.2 million as of June 30, 2021, which have been classified as Level 1 in the fair value hierarchy.

The following table presents the investments of the pension plans measured at fair value at June 30, 2020:
Level 1Level 2Level 3Total
Commingled trusts$— $798.6 $— $798.6 
U.S. government securities— 414.7 — 414.7 
Mutual funds7.3 274.8 — 282.1 
Corporate and municipal bonds— 434.8 — 434.8 
Mortgage-backed security bonds— 38.5 — 38.5 
Total pension asset investments$7.3 $1,961.4 $— $1,968.7