INTEREST EXPENSE, NET

6 Months Ended

Dec. 31, 2024

Interest Income (Expense), Operating [Abstract]

Interest expense, net for the three and six months ended December 31, 2024 and 2023, respectively, is presented below:


	Three Months Ended December 31,				Six Months Ended December 31,
	2024		2023		2024		2023
Interest expense	$	56.7	$	61.7	$	117.1	$	128.5
Foreign exchange losses, net of derivative contracts	1.4		2.3		6.1		10.5
Interest income	(3.7)		(3.9)		(7.0)		(9.1)
Total interest expense, net	$	54.4	$	60.1	$	116.2	$	129.9

- 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
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-Name Accounting Standards Codification
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1

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+ Details