Interest Expense, Net

3 Months Ended

Sep. 30, 2024

Other Income and Expenses [Abstract]

INTEREST EXPENSE, NET

Interest expense, net consisted of the following:


	Three Months Ended September 30,
	2024		2023
	(in millions)
Interest expense on borrowings	$	(35.9)	$	(36.4)
Interest income	3.6		2.9
Interest expense, net	$	(32.3)	$	(33.4)

- Definition

The entire disclosure for interest income and interest expense for enterprises that derive a significant portion of their revenue from interest collected on investments, loans, and securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1

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+ Details