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DERIVATIVE INSTRUMENTS (Tables) | 3 Months Ended
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Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of amount of gains and losses recognized in other comprehensive income (loss) | The amount of gains and losses recognized in Other comprehensive income (loss) (“OCI”) in the Condensed 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 | Three Months Ended September 30, |  |
| 2024 |  | 2023 |  |  |  |
Foreign exchange forward contracts | $ | (0.6) |  |  | $ | 1.1 |  |  |  |  |
Interest rate swap contracts | — |  |  | 1.0 |  |  |  |  |
Net investment hedges | (60.2) |  |  | 17.7 |  |  |  |  |
Schedule of amount of gains and losses recognized in other comprehensive income (loss) | The amount of gains and losses recognized in Other comprehensive income (loss) (“OCI”) in the Condensed 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 | Three Months Ended September 30, |  |
| 2024 |  | 2023 |  |  |  |
Foreign exchange forward contracts | $ | (0.6) |  |  | $ | 1.1 |  |  |  |  |
Interest rate swap contracts | — |  |  | 1.0 |  |  |  |  |
Net investment hedges | (60.2) |  |  | 17.7 |  |  |  |  |
Schedule of amount of gains and losses reclassified from AOCI(L) | The amount of gains and losses reclassified from AOCI/(L) to the Condensed 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 |  |  | Three Months Ended September 30,
|  |  | 2024 |  |  |  | 2023
|  |  | Cost of sales |  | Interest expense, net |  |  |  | Cost of sales |  | Interest expense, net
Foreign exchange forward contracts: |  |  |  |  |  |  |  |  |  |  |
Amount of gain (loss) reclassified from AOCI into income |  |  | $ | 0.2 |  |  | $ | — |  |  |  |  | $ | (0.7) |  |  | $ | — |
Interest rate swap contracts: |  |  |  |  |  |  |  |  |  |  |
Amount of gain (loss) reclassified from AOCI into income |  |  | — |  |  | 0.4 |  |  |  |  | — |  |  | 0.6 |
Schedule of derivatives not designated as hedging | The amount of gains and losses related to the Company’s derivative financial instruments not designated as hedging instruments is presented below:
Condensed Consolidated Statements of Operations Classification of Gain (Loss) Recognized in Operations | Three Months Ended September 30, |  |
|  | 2024 |  | 2023 |  |  |  |
Foreign exchange contracts | Selling, general and administrative expenses | $ | 0.1 |  |  | $ | 0.1 |  |  |  |  |
Foreign exchange contracts | Interest expense, net | 27.6 |  |  | (29.4) |  |  |  |  |
Foreign exchange and forward repurchase contracts | Other income (expense), net | (42.1) |  |  | (75.7) |  |  |  |  |

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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 -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
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