Contractual Commitments, Contingencies, and Off-Balance Sheet Arrangements (Tables)

12 Months Ended

Jun. 30, 2019

Commitments and Contingencies Disclosure [Abstract]

Summary of Expenses Related to Data Center Agreements

The following table summarizes the respective total annual expenses related to these agreements:



	Years ended June 30,
	2019		2018		2017
	(in millions)
IT Services Agreement	$	100.0	$	101.2	$	99.3
EU IT Services Agreement	6.1		6.3		5.5
Total expenses	$	106.1	$	107.5	$	104.8

Capitalized Contract Costs

The following table summarizes the capitalized costs related to these agreements as of June 30, 2019:



	IT Services Agreement			EU IT Services Agreement			Total
	(in millions)
Capitalized costs, beginning balance	$	62.3		$	5.2		$	67.5
Capitalized costs incurred	—			—			—
Impact of foreign currency exchange	—			(0.2		)	(0.2		)
Total capitalized costs, ending balance	62.3			5.0			67.3
Total accumulated amortization	(35.8		)	(2.5		)	(38.3		)
Net Deferred IBM Costs	$	26.5		$	2.5		$	29.0

Summary of Total Amortization Expense of Capitalized Costs Related to Data Center Agreements

The following table summarizes the respective total annual amortization expense of capitalized costs related to these agreements:



	Years ended June 30,
	2019		2018		2017
	(in millions)
IT Services Agreement	$	5.3	$	5.3	$	4.6
EU IT Services Agreement	0.5		0.5		0.4
Total expenses	$	5.8	$	5.8	$	5.0

Summary of Lease Expenses Related to IT Services Agreement, the EU IT Services Agreement, and related software maintenance agreements, various facilities and equipment leases, software license agreements, and software/hardware maintenance agreements

The following table summarizes the total expenses related to these agreements:



	Years ended June 30,
	2019		2018		2017
	(in millions)
Data center expenses	$	106.1	$	107.5	$	104.8
Facilities and equipment leases	49.0		50.4		50.3
Software license agreements	37.3		33.7		32.0
Software/hardware maintenance agreements	65.0		63.5		63.2
Total expenses	$	257.4	$	255.0	$	250.3

Schedule of Minimum Commitments Related to Technology Service Agreement

The minimum commitments under these obligations at June 30, 2019 are as follows, which includes the aforementioned IT Services Agreement and EU IT Services Agreement:



Years Ending June 30,	(in millions)
2020	$	117.6
2021	111.1
2022	102.5
2023	96.4
2024	91.4
Thereafter	204.4
Total	$	723.5