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Supplemental Balance Sheet Information (Tables)
12 Months Ended
Jun. 30, 2015
Balance Sheet Related Disclosures [Abstract]  
Work-in-Process and Finished Goods Inventories Include Raw Materials, Labor and Overhead
Work-in-process and finished goods inventories include raw materials, labor and overhead. Total inventories consisted of the following:
(Dollars in millions)
June 30, 
 2015
 
June 30, 
 2014
Raw materials and supplies
$
76.9

 
$
84.1

Work-in-process
26.3

 
23.8

Finished goods
43.8

 
39.8

Total inventory, gross
147.0

 
147.7

Inventory reserve
(14.1
)
 
(12.9
)
Inventories
$
132.9

 
$
134.8

Prepaid and Other Assets
Prepaid expenses and other current assets consist of the following:
(Dollars in millions)
June 30, 
 2015
 
June 30, 
 2014
Prepaid expenses
$
22.0

 
$
16.6

Spare parts supplies
11.5

 
12.5

Deferred income taxes
19.7

 
12.7

Other current assets
27.7

 
32.8

Prepaid expenses and other
$
80.9

 
$
74.6

Property and Equipment
Property, plant, and equipment, net consist of the following:
(Dollars in millions)
June 30, 
 2015
 
June 30, 
 2014
Land, buildings and improvements
$
637.6

 
$
619.0

Machinery, equipment and capitalized software
727.9

 
683.6

Furniture and fixtures
10.1

 
8.1

Construction in progress
97.6

 
110.9

Property and equipment, at cost
1,473.2

 
1,421.6

Accumulated depreciation
(588.0
)
 
(548.6
)
Property, plant, and equipment, net
$
885.2

 
$
873.0

Other Assets Non Current
Other assets consist of the following:
(Dollars in millions)
June 30, 
 2015
 
June 30, 
 2014
Deferred long-term debt financing costs
$
9.5

 
$
19.7

Other
18.9

 
29.0

Total other assets
$
28.4

 
$
48.7

Other Accrued Liabilities
Other accrued liabilities consist of the following:
(Dollars in millions)
June 30, 
 2015
 
June 30, 
 2014
Accrued employee-related expenses
$
87.8

 
$
86.7

Restructuring accrual
7.3

 
10.3

Deferred income taxes
1.5

 
1.0

Accrued interest
0.2

 
12.2

Deferred revenue and fees
39.0

 
47.1

Accrued income tax
55.8

 
61.5

Other accrued liabilities and expenses
55.4

 
60.9

Other accrued liabilities
$
247.0

 
$
279.7

Trade receivables allowance for doubtful accounts
Trade receivables allowance for doubtful accounts activity is as follows:
(Dollars in millions)
June 30, 
 2015
 
June 30, 
 2014
 
June 30, 
 2013
Trade receivables allowance for doubtful accounts
 
 
 
 
 
Beginning balance
$
5.4

 
$
5.7

 
$
4.2

Charged to cost and expenses
2.7

 
0.5

 
2.1

Deductions and other
(1.1
)
 
(1.0
)
 
(0.6
)
Impact of foreign exchange
(0.4
)
 
0.2

 


Closing balance
$
6.6

 
$
5.4

 
$
5.7

Inventory Reserve
Inventory reserve activity is as follows:
(Dollars in millions)
June 30, 
 2015
 
June 30, 
 2014
 
June 30, 
 2013
Inventory reserve
 
 
 
 
 
Beginning balance
$
12.9

 
$
11.8

 
$
8.5

Charged to cost and expenses
9.5

 
10.2

 
8.7

Deductions
(6.5
)
 
(9.5
)
 
(5.9
)
Impact of foreign exchange
(1.8
)
 
0.4

 
0.5

Closing balance
$
14.1

 
$
12.9

 
$
11.8