Less: Discount Amount

  
Components of Lease Cost (a)

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | Years ended June 30, |
|  |  | 2022 |  | 2021 |
|  |  | (in millions) |
| Operating lease cost |  | $ | 59.8  |  |  | $ | 53.4  |  |
| Variable lease cost |  | $ | 29.5  |  |  | $ | 25.8  |  |

\_\_\_\_\_\_\_\_\_(a)Lease cost is included within Cost of revenues and Selling, general and administrative expenses, dependent upon the nature and use of the ROU asset, in the Company’s Consolidated Statements of Earnings.  
  
Supplemental Cash Flow Information

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | Years ended June 30, |
|  |  | 2022 |  | 2021 |
|  |  | (in millions) |
| Cash paid for amounts included in the measurement of lease liabilities |  |  |  |  |
|        Operating cash outflows from operating leases |  | $ | 36.7  |  |  | $ | 33.6  |  |
| ROU assets obtained in exchange for operating lease liabilities |  | $ | 16.7  |  |  | $ | 24.4  |  |

  
Maturity of Lease Liabilities under ASC 842 (Leases)Future rental payments on leases with initial non-cancellable lease terms in excess of one year were due as follows at June 30, 2022:

|  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |
|  | Operating Leases |
| Years Ending June 30, | (in millions) |
| 2023 | $ | 48.2  |  |
| 2024 | 43.2  |  |
| 2025 | 37.5  |  |
| 2026 | 33.1  |  |
| 2027 | 31.0  |  |
| Thereafter | 116.0  |  |
|    Total lease payments | 309.0  |  |
| Less: Discount Amount | 35.8  |  |
|    Present value of operating lease liabilities | $ | 273.2  |  |

  
  
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