INTEREST EXPENSE, NET

6 Months Ended

Dec. 31, 2025

Other Income and Expenses [Abstract]

Interest expense, net consisted of the following:


	Three Months Ended December 31,				Six Months Ended December 31,
	2025		2024		2025		2024
	(in millions)
Interest expense on borrowings	$	(27.7)	$	(36.6)	$	(55.6)	$	(72.5)
Interest income	3.9		3.8		7.6		7.5
Interest expense, net	$	(23.8)	$	(32.7)	$	(48.0)	$	(65.0)

- Definition

The entire disclosure for interest income and interest expense for enterprises that derive a significant portion of their revenue from interest collected on investments, loans, and securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1

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+ Details