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Other (Income)/Expense, Net | 12 Months Ended
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Jun. 30, 2021
Other Income, Net [Abstract] |
Other (Income)/Expense, Net | OTHER (INCOME)/EXPENSE, NET Other (income)/expense, net consists of the following:
Years ended June 30, |  | 2021 |  | 2020 |  | 2019
Interest income on corporate funds |  | $ | (36.5) |  |  | $ | (84.5) |  |  | $ | (97.6) |
Realized (gains)/losses on available-for-sale securities, net |  | (11.3) |  |  | (12.9) |  |  | 0.9 |
Impairment of assets |  | 19.9 |  |  | 29.9 |  |  | 12.1 |
Gain on sale of assets |  | (8.1) |  |  | (5.8) |  |  | (4.1) |
Gain on sale of investment |  | (1.7) |  |  | (0.2) |  |  | (15.7) |
Non-service components of pension income, net (see Note 10) |  | (58.6) |  |  | (74.5) |  |  | (6.7) |
Other (income)/expense, net |  | $ | (96.3) |  |  | $ | (148.0) |  |  | $ | (111.1) |
In fiscal 2021, the Company recorded impairment charges of $19.9 million which is comprised of a write down of $10.5 million related to internally developed software which was determined to have no future use, impairment charges of $9.4 million related to operating right-of-use assets and certain related fixed assets associated with vacating certain leased locations early, and recognizing certain owned facilities at fair value given intent to sell and accordingly classified as held for sale. In fiscal 2020, the Company recorded impairment charges of $25.3 million as a result of recognizing certain owned facilities at fair value given intent to sell and accordingly classified as held for sale. In addition, the Company vacated certain leased locations early and recorded total impairment charges of $4.6 million related to operating right-of-use assets and certain related fixed assets associated with the vacated locations. 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. In fiscal 2019, the Company recognized a gain of $15.7 million in relation to the sale of an investment held at cost acquired in prior years and subsequently sold during fiscal 2019.

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- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 720 -URI http://asc.fasb.org/topic&trid=2122503 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 610 -URI http://asc.fasb.org/topic&trid=49130413 + Details
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