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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET PROPERTY AND EQUIPMENT, NET
Property and equipment, net as of June 30, 2026 and 2025 are presented below:
June 30,
2026
June 30,
2025
Land, buildings and leasehold improvements$451.5 $450.9 
Machinery and equipment753.0 750.7 
Marketing furniture and fixtures595.8 605.0 
Computer equipment and software823.0 817.3 
Construction in progress56.2 76.0 
Property and equipment, gross2,679.5 2,699.9 
Accumulated depreciation(2,029.5)(1,990.7)
Property and equipment, net$650.0 $709.2 
Depreciation expense of property and equipment totaled $220.2, $233.1 and $227.7 in fiscal 2026, 2025 and 2024, respectively. Depreciation expense is recorded in Cost of sales and Selling, general and administrative expenses in the Consolidated Statements of Operations.
During fiscal 2026, 2025 and 2024, the Company recorded asset impairment charges of $9.1, nil and $1.7 respectively, which are included in Selling, general and administrative expenses in the Consolidated Statements of Operations. The fiscal 2026 and 2024 impairment charges primarily related to leasehold improvements and marketing furniture following the termination of the Orveda license and the abandonment of machinery and equipment, respectively.