PAYABLES AND ACCRUED EXPENSES

12 Months Ended

Jun. 30, 2026

Payables and accrued expenses consisted of the following:


	June 30,
	2026		2025
	(in millions)
Accounts payable	$	149.7	$	220.3
Employee compensation and benefits (a)	372.4		372.8
Accrued broker fees	143.7		137.0
Accrued dividend payable	111.2		103.1
Customer deposits	83.7		84.4
Accrued taxes	72.6		60.1
Business process outsourcing administration fees	53.7		52.6
Operating lease liabilities	38.9		37.2
Software license liabilities	30.9		18.8
Other	81.6		26.6
Total	$	1,138.2	$	1,112.8

_________

(a) Includes a restructuring liability of $9.3 million and $22.7 million as of June 30, 2026 and 2025, respectively.