Supplemental Balance Sheet Information (Tables)

9 Months Ended

Mar. 31, 2020

Balance Sheet Related Disclosures [Abstract]

Inventory

Inventories

Work-in-process and inventories include raw materials, labor, and overhead. Total inventories consist of the following:

(Dollars in millions)	March 31, 2020		June 30, 2019
Raw materials and supplies	$	213.7	$	161.6
Work-in-process	108.2		115.0
Total inventories, gross	321.9		276.6
Inventory cost adjustment	(24.7)		(19.4)
Inventories	$	297.2	$	257.2

Prepaid and Other Assets

Prepaid expenses and other

Prepaid expenses and other consist of the following:

(Dollars in millions)	March 31, 2020		June 30, 2019
Prepaid expenses	$	33.1	$	18.7
Contract assets	35.6		23.3
Spare parts supplies	23.1		8.1
Prepaid income tax	11.0		10.0
Non-U.S. value-added tax	12.0		16.4
Other current assets	27.0		23.6
Prepaid expenses and other	$	141.8	$	100.1

Property and Equipment

Property, plant, and equipment, net

Property, plant, and equipment, net consist of the following:

(Dollars in millions)	March 31, 2020		June 30, 2019
Land, buildings, and improvements	$	1,174.6	$	1,049.4
Machinery, equipment, and capitalized software	1,143.5		1,104.9
Furniture and fixtures	19.2		16.9
Construction in progress	426.9		278.9
Property, plant, and equipment, at cost	2,764.2		2,450.1
Accumulated depreciation	(994.7)		(913.4)
Property, plant, and equipment, net	$	1,769.5	$	1,536.7

Other Accrued Liabilities

Other accrued liabilities

Other accrued liabilities consist of the following:

(Dollars in millions)	March 31, 2020		June 30, 2019
Accrued employee-related expenses	$	119.2	$	103.9
Restructuring accrual	3.8		8.2
Accrued interest	12.1		11.7
Contract liability	160.2		155.2
Accrued income tax	—		8.5
Other accrued liabilities and expenses	73.8		50.9
Other accrued liabilities	$	369.1	$	338.4