FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Jun. 30, 2026

Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables set forth the Company’s financial assets and liabilities at June 30, 2026 and 2025, respectively, that are recorded at fair value, segregated by level within the fair value hierarchy:


	Level 1		Level 2		Level 3		Total
	(in millions)
Assets:
Cash and cash equivalents:
Money market funds	$	7.7	$	—	$	—	$	7.7
Other current assets:
Securities	$	0.9	$	—	$	—	$	0.9
Other non-current assets:
Securities (a)	232.5		—		—		232.5
Derivative asset	—		0.1		—		0.1
Pre-funded warrants	—		31.6		—		31.6
Digital assets	216.1		—		—		216.1
Total assets as of June 30, 2026	$	457.2	$	31.6	$	—	$	488.8
Liabilities:
Derivative liability	$	—	$	2.9	$	—	$	2.9
Contingent consideration obligations	—		—		59.9		59.9
Total liabilities as of June 30, 2026	$	—	$	2.9	$	59.9	$	62.7


	Level 1		Level 2		Level 3		Total
	(in millions)
Assets:


Other current assets:
Securities	$	0.7	$	—	$	—	$	0.7
Other non-current assets:
Securities (a)	195.2		—		—		195.2
Total assets as of June 30, 2025	$	195.9	$	—	$	—	$	195.9
Liabilities:
Derivative liability	$	—	$	24.6	$	—	$	24.6
Contingent consideration obligations	—		—		14.0		14.0
Total liabilities as of June 30, 2025	$	—	$	24.6	$	14.0	$	38.6

________

(a)Includes investments related to the Company’s Defined Benefit Pension Plans, Executive Retirement and Savings Plan (the “ERSP”) and shares of CNTN stock.

Schedule of Canton Coin Holding

The following table presents the Company’s Canton Coin holdings as of June 30, 2026:


	June 30, 2026
	Quantity of Coins		Cost Basis		Fair Value
			($ in millions)
Canton Coins (a)	1.5	billion	$	13.3	$	216.1

(a) As of June 30, 2026, the Company was restricted from transferring a total of 1.3 billion Canton Coins valued at $189.9 million as a result of its election under the Canton Coin lockup framework described in Note 2, “Summary of Significant Accounting Policies”.

Schedule of Crypto Asset Activity

The following table presents a summary of the changes in the Company’s Canton Coin holdings during the years ended June 30, 2026:


	June 30,
	2026
	(in millions)
Beginning balance	$	—
Opening Retained Earnings Adjustment	24.5
Additions - Revenue	16.5
Dispositions	(8.5)
Canton Digital Asset Treasury transaction	(53.1)
Total realized and unrealized gains included in other income (loss), net (a)	236.7
Ending balance	$	216.1

(a) Includes realized gains totaling $58.4 million and unrealized gains totaling $178.4 million during the year ended June 30, 2026. There were no realized or unrealized gains or losses during the years ended June 30, 2025.

Summary of Level 3 Financial Assets

The following tables set forth an analysis of changes during fiscal years 2026 in Level 3 financial assets and liabilities of the Company. Changes in economic conditions or model-based valuation techniques may require the transfer of financial instruments between levels. The Company’s policy is to record transfers between levels, if any, as of the beginning of the fiscal year.

Digital Assets


	June 30,
	2026
	(in millions)
Beginning balance	$	—
Opening Retained Earnings Adjustment	24.5
Beginning-of-period Level 3 transfer-out value	(24.5)
Ending balance	$	—

Summary of Contingent Consideration

Contingent consideration obligations


	June 30,
	2026		2025
	(in millions)
Beginning balance	$	14.0	$	14.0
Additional contingent consideration incurred	53.5		—
Net increase in contingent consideration liability	1.4		—
Foreign currency impact on contingent consideration liability	(0.3)		—
Payments	(8.7)		—
Ending balance	$	59.9	$	14.0

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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