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ACCOUNTS PAYABLE AND ACCRUED LIABILITIES
9 Months Ended
Mar. 31, 2024
Accounts Payable and Accrued Liabilities [Abstract]  
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES ACCOUNTS PAYABLE AND ACCRUED LIABILITIES
Accounts payable and accrued liabilities:
 
As of March 31, 2024As of June 30, 2023
Accounts payable—trade$169,451 $162,720 
Accrued salaries, incentives and commissions264,623 333,543 
Accrued liabilities193,427 239,817 
Accrued sales and other tax liabilities11,782 25,439 
Derivative liability (1)
176,169 161,191 
Accrued interest on long-term debt53,620 37,563 
Amounts payable in respect of restructuring and other special charges24,405 30,073 
Asset retirement obligations5,134 5,915 
Total (2)
$898,611 $996,261 
______________________
(1)Represents the liability related to our derivative instrument activity (see Note 17 “Derivative Instruments and Hedging Activities” for more details).
(2)Excludes $18.9 million of Accounts payable and accrued liabilities that have been reclassified to Liabilities held for sale related to the AMC Divestiture. See Note 19 “Acquisitions and Divestitures” for more details.
Long-term accrued liabilities: 
As of March 31, 2024As of June 30, 2023
Amounts payable in respect of restructuring and other special charges$9,141 $8,875 
Other accrued liabilities15,596 17,749 
Asset retirement obligations23,294 25,337 
Total (1)
$48,031 $51,961 
______________________
(1)Excludes $2.1 million of long-term accrued liabilities and asset retirement obligations that have been reclassified to Liabilities held for sale related to the AMC Divestiture. See Note 19 “Acquisitions and Divestitures” for more details.

Asset retirement obligations
We are required to return certain of our leased facilities to their original state at the conclusion of our lease. As of March 31, 2024, the present value of this obligation was $29.2 million (June 30, 2023—$31.3 million), with an undiscounted value of $32.1 million (June 30, 2023—$35.0 million), inclusive of $0.7 million of asset retirement obligations reclassified to Liabilities held for sale.