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DERIVATIVE INSTRUMENTS (Tables) | 12 Months Ended
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Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Amount of gains and losses related to derivative financial instruments | The amount of gains and losses recognized in OCI in the Consolidated Balance Sheets related to the Company’s derivative and non-derivative financial instruments which are designated as hedging instruments is presented below:
Gain (Loss) Recognized in OCI | Fiscal Year Ended June 30,
| 2021 |  | 2020 |  | 2019
Foreign exchange forward contracts | $ | (0.3) |  |  | $ | 1.3 |  |  | $ | 0.9 |
Interest rate swap contracts | 1.0 |  |  | (50.3) |  |  | (47.4) |
Cross-currency swap contracts | (25.1) |  |  | (12.5) |  |  | — |
Net investment hedges | (256.5) |  |  | 47.1 |  |  | 99.8 |
The amount of gains and losses related to the Company’s derivative financial instruments not designated as hedging instruments is presented below:
Consolidated Statements of Operations Classification of Gain (Loss) Recognized in Operations | Fiscal Year Ended June 30,
|  | 2021 |  | 2020 |  | 2019
Foreign exchange contracts | Selling, general and administrative expenses | $ | 0.1 |  |  | $ | (0.8) |  |  | $ | — |
Foreign exchange contracts | Interest income (expense), net | 26.3 |  |  | (3.1) |  |  | 0.1 |
Foreign exchange contracts | Other income (expense), net | (0.6) |  |  | 0.4 |  |  | — |
Amount of gains and losses reclassified from OCI | The amount of gains and losses reclassified from AOCI/(L) to the Consolidated Statements of Operations related to the Company’s derivative financial instruments which are designated as hedging instruments is presented below:
Location and Amount of Gain (Loss) Recognized in Income on Cash Flow Hedging Relationships |  |  | Fiscal Year Ended June 30,
|  | 2021 |  | 2020 |  |  | 2019
|  |  | Net Revenues |  | Interest expense, net |  | Net Revenues |  | Interest expense, net |  |  | Cost of sales |  | Interest expense, net
Foreign exchange forward contracts: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amount of gain (loss) reclassified from AOCI into income |  |  | $ | 1.0 |  |  | $ | — |  |  | $ | 0.6 |  |  | $ | — |  |  |  | $ | 0.1 |  |  | $ | — |
Interest rate swap contracts: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amount of gain (loss) reclassified from AOCI into income |  |  | — |  |  | (36.1) |  |  | — |  |  | (10.8) |  |  |  | — |  |  | 12.4 |

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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4E -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624181-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
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