v3.2.0.727
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Cash Flows From Operating Activities      
Net earnings $ 287.1 $ 263.0 $ 212.1
Adjustments to reconcile Net earnings to Net cash flows provided by operating activities:      
Depreciation and amortization 49.3 46.8 47.6
Amortization of acquired intangibles 25.3 22.6 21.8
Amortization of other assets 29.7 28.0 24.0
Deferred income taxes 0.6 (11.6) 14.1
Stock-based compensation expense 38.6 34.6 27.1
Excess tax benefits from the issuance of stock-based compensation awards (40.5) (22.8) (4.6)
Other 8.8 2.7 11.4
Current assets and liabilities:      
(Increase) decrease in Accounts receivable, net (4.2) 19.1 (73.2)
(Increase) decrease in Other current assets 14.0 (2.3) (15.6)
Increase (decrease) in Accounts payable 1.9 (26.8) 41.3
Increase in Accrued expenses and other current liabilities 30.6 36.6 15.8
Increase in Deferred revenues 7.1 5.8 1.4
Non-current assets and liabilities:      
Increase in Other non-current assets (45.3) (38.4) (61.2)
Increase in Other non-current liabilities 28.4 30.4 8.9
Net cash flows provided by operating activities 431.4 387.7 270.9
Cash Flows From Investing Activities      
Capital expenditures (50.3) (40.3) (38.2)
Purchases of intangibles (15.7) (13.1) (12.7)
Equity method investment (7.5) 0.0 0.0
Acquisitions, net of cash acquired (202.9) (96.9) 0.0
Other investing activities 0.0 0.0 (1.1)
Net cash flows used in investing activities (276.4) (150.3) (52.0)
Cash Flows From Financing Activities      
Proceeds from Long-term debt 320.0 399.5 0.0
Repayments on Long-term debt (155.0) (400.0) 0.0
Dividends paid (122.3) (96.7) (85.8)
Proceeds from exercise of stock options 62.1 49.5 46.3
Purchases of Treasury stock (301.7) (129.7) (238.5)
Excess tax benefit from the issuance of stock-based compensation awards 40.5 22.8 4.6
Other financing transactions 0.0 0.0 0.2
Net cash flows used in financing activities (158.3) (158.9) (273.2)
Effect of exchange rate changes on Cash and cash equivalents (20.2) 3.1 (0.2)
Net change in Cash and cash equivalents (23.5) 81.6 (54.5)
Cash and cash equivalents, beginning of fiscal year 347.6 266.0 320.5
Cash and cash equivalents, end of fiscal year 324.1 347.6 266.0
Supplemental disclosure of cash flow information:      
Cash payments made for interest 24.1 17.1 13.5
Cash payments made for income taxes 111.5 150.3 118.6
Non-cash investing and financing activities:      
Property, plant and equipment included in accrued expenses 0.8 2.9 1.9
Dividends payable 6.7 3.7 1.1
Acquisition related obligations 14.5 0.0 0.0
Senior Notes [Member]      
Cash Flows From Financing Activities      
Costs related to issuance of bonds 0.0 (4.3) 0.0
Revolving Credit Facility [Member]      
Cash Flows From Financing Activities      
Costs related to issuance of bonds $ (1.9) $ 0.0 $ 0.0