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RESTRUCTURING COSTS | 12 Months Ended
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Jun. 30, 2023
Restructuring and Related Activities [Abstract] |
RESTRUCTURING COSTS | RESTRUCTURING COSTS Restructuring costs for the fiscal years ended June 30, 2023, 2022 and 2021 are presented below:
| Year Ended June 30,
| 2023 |  | 2022 |  | 2021
Transformation Plan | $ | (6.5) |  |  | $ | (6.5) |  |  | $ | 73.2 |
Other Restructuring | — |  |  | — |  |  | (9.6) |
Total | $ | (6.5) |  |  | $ | (6.5) |  |  | $ | 63.6 |
Transformation Plan On July 1, 2019, the Company announced a four-year plan to drive substantial improvement in and optimization in the Company's businesses (the “Turnaround Plan”). This plan was expanded on May 11, 2020 to further reduce fixed costs (the “Transformation Plan”). Of the expected costs, the Company has incurred cumulative restructuring charges of $216.8 related to approved initiatives through June 30, 2023, which have been recorded in Corporate. As of June 30, 2023, the Company does not expect to incur any additional restructuring charges pertaining to the Transformation Plan. The following table presents aggregate restructuring charges for the program:
| Severance and Employee Benefits |  |  |  | Fixed Asset Write-offs |  | Other Exit Costs |  | Total
Fiscal 2020 | $ | 151.2 |  |  |  |  | $ | (1.1) |  |  | $ | 6.5 |  |  | $ | 156.6 |
Fiscal 2021 | $ | 73.4 |  |  |  |  | $ | (0.5) |  |  | $ | 0.3 |  |  | $ | 73.2 |
Fiscal 2022 | (6.2) |  |  |  |  | — |  |  | (0.3) |  |  | $ | (6.5) |
Fiscal 2023 | (6.5) |  |  |  |  | — |  |  | — |  |  | (6.5) |
Cumulative through June 30, 2023 | 211.9 |  |  |  |  | (1.6) |  |  | 6.5 |  |  | 216.8 |
The related liability balance and activity of restructuring costs for the Transformation Plan restructuring costs are presented below:
| Severance and Employee Benefits |  |  | Total Program Costs
Balance—July 1, 2022 | $ | 55.2 |  |  |  | $ | 55.2 |
Restructuring charges | 4.6 |  |  |  | 4.6 |
Payments | (37.8) |  |  |  | (37.8) |
Changes in estimates | (11.1) |  |  |  | (11.1) |
Effect of exchange rates | (0.9) |  |  |  | (0.9) |
Balance—June 30, 2023 | $ | 10.0 |  |  |  | $ | 10.0 |
The Company currently estimates that the total remaining accrual of $10.0 will result in cash expenditures of approximately $8.9 and $1.1 in fiscal 2024 and thereafter, respectively. Other Restructuring The Company executed a number of other restructuring activities in prior years, which are substantially completed. The Company recognized expenses (income) of $0.0, $0.0, and $(9.6) in fiscal 2023, 2022 and 2021, respectively, which have been recorded in Corporate. The related liability balances were $0.0 at both June 30, 2023 and June 30, 2022.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//420/tableOfContent Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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