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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Net revenue $ 1,022.0 $ 1,025.0
Cost of sales 764.0 701.0
Gross margin 258.0 324.0
Selling, general, and administrative expenses 196.0 183.0
Payments for (Proceeds from) Businesses and Interest in Affiliates [1] 0.0 (1.0)
Other Cost and Expense, Operating 2.0 4.0
Operating earnings 60.0 138.0
Interest expense, net 32.0 26.0
Other (income)/expense, net [2] 25.0 9.0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 3.0 103.0
Income tax expense 3.0 10.0
Net earnings/(loss) 0.0 93.0
Participating Securities, Distributed and Undistributed Earnings (Loss), Basic 0.0 9.0
Net Income (Loss) Available to Common Stockholders, Basic $ 0.0 $ 84.0
Earnings Per Share, Basic $ 0 $ 0.49
Earnings Per Share, Diluted $ 0 $ 0.49
[1] Gain on sale of subsidiary for the three months ended September 30, 2021 was due to the sale of the facility in Woodstock, Illinois and the associated business
[2] Other expense, net during the three months ended September 30, 2022 includes foreign currency remeasurement losses/gains.Other expense, net during the three months ended September 30, 2021 includes financing charges related to the Company’s Incremental Term B-3 Loans and foreign currency remeasurement losses/gains.