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Shareholders' Equity (Tables) | 9 Months Ended
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Mar. 31, 2020
Equity [Abstract] |
Schedule of Changes in Ordinary and Treasury Shares | The changes in ordinary and treasury shares during the nine months ended March 31, 2020 and 2019 were as follows:
|  | Ordinary Shares |  |  |  | Treasury Shares |  |
(shares and $ in millions) |  | Number of Shares |  | Amount |  | Number of Shares |  | Amount
Balance as of June 30, 2018 |  | 1,158.1 |  |  | $ | — |  |  | 0.9 |  |  | $ | (10.7) |
Options exercised and shares vested |  |  |  |  |  | (3.7) |  |  | 37.5 |
Settlement of forward contracts to purchase own equity to meet share base incentive plans, net of tax |  |  |  |  |  | 2.5 |  |  | (25.1) |
Purchase of treasury shares |  |  |  |  |  | 3.1 |  |  | (32.2) |
Issuance of treasury shares under dividend reinvestment plan |  |  |  |  |  | (1.3) |  |  | 13.0 |
Balance as of March 31, 2019 |  | 1,158.1 |  |  | $ | — |  |  | 1.5 |  |  | $ | (17.5) |
Balance as of June 30, 2019 |  | 1,625.9 |  |  | $ | 16.3 |  |  | 1.4 |  |  | $ | (16.1) |
Share buy-back/cancellations |  | (51.5) |  |  | (0.5) |  |  |  |  |
Options exercised and shares vested |  |  |  |  |  | (1.4) |  |  | 16.0 |
Purchase of treasury shares |  |  |  |  |  | 1.1 |  |  | (11.3) |
Balance as of March 31, 2020 |  | 1,574.4 |  |  | $ | 15.8 |  |  | 1.1 |  |  | $ | (11.4) |
Schedule of Accumulated Other Comprehensive Income (Loss) | The changes in the components of accumulated other comprehensive income (loss) during the nine months ended March 31, 2020 and 2019 were as follows:
|  | Foreign Currency Translation |  | Net Investment Hedge |  | Pension |  | Effective Derivatives |  | Total Accumulated Other Comprehensive Income (Loss)
($ in millions) |  |  | (Net of Tax) |  | (Net of Tax) |  | (Net of Tax) |  | (Net of Tax) |  |
Balance as of June 30, 2018 |  |  | $ | (669.3) |  |  | $ | — |  |  | $ | (30.6) |  |  | $ | (8.6) |  |  | $ | (708.5) |
Other comprehensive income (loss) before reclassifications |  |  | 29.5 |  |  | (13.3) |  |  | (31.1) |  |  | (4.7) |  |  | (19.6) |
Amounts reclassified from accumulated other comprehensive income (loss) |  |  | — |  |  | — |  |  | 1.1 |  |  | 1.6 |  |  | 2.7 |
Net current period other comprehensive income (loss) |  |  | 29.5 |  |  | (13.3) |  |  | (30.0) |  |  | (3.1) |  |  | (16.9) |
Balance as of March 31, 2019 |  |  | $ | (639.8) |  |  | $ | (13.3) |  |  | $ | (60.6) |  |  | $ | (11.7) |  |  | $ | (725.4) |
Balance as of June 30, 2019 |  |  | $ | (609.4) |  |  | $ | (11.2) |  |  | $ | (89.6) |  |  | $ | (12.2) |  |  | $ | (722.4) |
Other comprehensive income (loss) before reclassifications |  |  | (317.1) |  |  | (3.2) |  |  | (1.4) |  |  | (29.4) |  |  | (351.1) |
Amounts reclassified from accumulated other comprehensive income (loss) |  |  | 8.8 |  |  | — |  |  | 3.0 |  |  | 3.8 |  |  | 15.6 |
Net current period other comprehensive income (loss) |  |  | (308.3) |  |  | (3.2) |  |  | 1.6 |  |  | (25.6) |  |  | (335.5) |
Balance as of March 31, 2020 |  |  | $ | (917.7) |  |  | $ | (14.4) |  |  | $ | (88.0) |  |  | $ | (37.8) |  |  | $ | (1,057.9) |
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Loss) | The following tables provide details of amounts reclassified from accumulated other comprehensive income (loss):
|  | Three Months Ended March 31, |  |  |  | Nine Months Ended March 31, |  |
($ in millions) |  | 2020 |  | 2019 |  | 2020 |  | 2019
Amortization of pension: |  |  |  |  |  |  |  |
Amortization of prior service credit |  | $ | (0.4) |  |  | $ | (0.5) |  |  | $ | (1.2) |  |  | $ | (1.5) |
Amortization of actuarial loss |  | 1.5 |  |  | 1.0 |  |  | 4.5 |  |  | 3.0 |
Effect of pension settlement/curtailment |  | — |  |  | — |  |  | — |  |  | (0.3) |
Total before tax effect |  | 1.1 |  |  | 0.5 |  |  | 3.3 |  |  | 1.2 |
Tax benefit on amounts reclassified into earnings |  | — |  |  | (0.1) |  |  | (0.3) |  |  | (0.1) |
Total net of tax |  | $ | 1.1 |  |  | $ | 0.4 |  |  | $ | 3.0 |  |  | $ | 1.1 |
(Gains) losses on cash flow hedges: |  |  |  |  |  |  |  |
Commodity contracts |  | $ | 0.8 |  |  | $ | 0.7 |  |  | $ | 3.9 |  |  | $ | 0.5 |
Forward exchange contracts |  | (0.2) |  |  | 0.5 |  |  | 0.6 |  |  | 1.1 |
Total before tax effect |  | 0.6 |  |  | 1.2 |  |  | 4.5 |  |  | 1.6 |
Tax benefit on amounts reclassified into earnings |  | — |  |  | — |  |  | (0.7) |  |  | — |
Total net of tax |  | $ | 0.6 |  |  | $ | 1.2 |  |  | $ | 3.8 |  |  | $ | 1.6 |
(Gains) losses on foreign currency translation: |  |  |  |  |  |  |  |
Foreign currency translation adjustment (1) |  | $ | — |  |  | $ | — |  |  | $ | 8.8 |  |  | $ | — |
Total before tax effect |  | — |  |  | — |  |  | 8.8 |  |  | — |
Tax benefit on amounts reclassified into earnings |  | — |  |  | — |  |  | — |  |  | — |
Total net of tax |  | $ | — |  |  | $ | — |  |  | $ | 8.8 |  |  | $ | — |
(1)During the first fiscal quarter of 2020, the Company recorded a loss on the sale of the EC Remedy of $8.8 million, which is the result of the reclassification of accumulated foreign currency translation amounts from accumulated other comprehensive income to earnings. Refer to Note 4, "Discontinued Operations" for more information.

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