v3.19.2

Property, Plant and Equipment, Net | 12 Months Ended
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Jun. 30, 2019
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment, Net | PROPERTY, PLANT AND EQUIPMENT, NET Property, plant and equipment at cost and Accumulated depreciation at June 30, 2019 and 2018 are as follows:
|  | June 30,
|  | 2019 |  | 2018
|  | (in millions)
Property, plant and equipment: |  |  |  |
Land and buildings |  | $ | 2.6 |  |  | $ | 2.6 |
Equipment |  | 435.6 |  |  | 432.1 |
Furniture, leaseholds and other |  | 174.6 |  |  | 161.5 |
|  | 612.9 |  |  | 596.3 |
Less: Accumulated depreciation |  | (423.9 | ) |  | (392.2 | )
Property, plant and equipment, net |  | $ | 189.0 |  |  | $ | 204.1 |
In fiscal years 2019 and 2018, Property, plant and equipment and Accumulated depreciation were each reduced by $32.8 million and $40.3 million, respectively, for asset retirements related to fully depreciated property, plant and equipment no longer in use. Depreciation expense for Property, plant and equipment for the years ended June 30, 2019, 2018 and 2017 was as follows:
|  | Years ended June 30,
|  | 2019 |  | 2018 |  | 2017
|  | (in millions)
Depreciation expense for Property, plant and equipment |  | $ | 65.8 |  |  | $ | 63.4 |  |  | $ | 53.5 |

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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