Other Non-Current Assets

12 Months Ended

Jun. 30, 2019

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

OTHER NON-CURRENT ASSETS

Other non-current assets consisted of the following:



	June 30,
	2019		2018
	(in millions)
Deferred client conversion and start-up costs	$	254.7	$	169.5
Deferred sales commissions costs	95.5		—
Contract assets (a)	47.5		16.5
Deferred data center costs (b)	29.0		35.0
Long-term investments	100.4		80.3
Long-term broker fees	35.3		28.7
Other	30.6		30.5
Total	$	593.1	$	360.5

(a) Contract assets result from revenue already recognized but not yet invoiced, including certain future amounts to be collected under software term licenses and certain other client contracts.

(b) Represents deferred data center costs associated with the Company’s information technology services agreements with International Business Machines Corporation (“IBM”). Please refer to Note 16, “Contractual Commitments, Contingencies and Off-Balance Sheet Arrangements” for a further discussion.

The total amount of deferred client conversion and start-up costs and deferred sales commission costs amortized in Operating expenses for the fiscal year ended June 30, 2019 was $65.7 million.