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Pension and Other Postretirement Benefits
9 Months Ended
Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefits
Pension and Other Postretirement Benefits
 
The components of the net periodic benefit cost related to the Company’s pension and other postretirement benefits for the three and nine months ended March 31, 2016 and 2015 were as follows:
 
Three months ended March 31,
 
Pension Plans
 
Other Postretirement Plans
($ in millions)
 
2016
 
2015
 
2016
 
2015
Service cost
 
$
7.8

 
$
8.0

 
$
0.8

 
$
1.1

Interest cost
 
14.4

 
13.5

 
2.5

 
3.0

Expected return on plan assets
 
(16.4
)
 
(17.2
)
 
(1.7
)
 
(1.7
)
Amortization of net loss
 
6.8

 
4.2

 
0.7

 
0.5

Amortization of prior service cost (benefit)
 
0.1

 
0.1

 
(1.6
)
 

    Net periodic benefit costs
 
$
12.7

 
$
8.6

 
$
0.7

 
$
2.9

Nine months ended March 31,
 
Pension Plans
 
Other Postretirement Plans
($ in millions)
 
2016
 
2015
 
2016
 
2015
Service cost
 
$
23.4

 
$
24.0

 
$
2.5

 
$
3.3

Interest cost
 
43.2

 
40.5

 
7.7

 
9.0

Expected return on plan assets
 
(49.3
)
 
(51.6
)
 
(5.2
)
 
(5.0
)
Amortization of net loss
 
20.5

 
12.6

 
2.0

 
1.5

Amortization of prior service cost (benefit)
 
0.3

 
0.3

 
(4.8
)
 

    Net periodic benefit costs
 
$
38.1

 
$
25.8

 
$
2.2

 
$
8.8



During the nine months ended March 31, 2016 and 2015, the Company made $0 million and $5.5 million, respectively, of contributions to its qualified defined benefit pension plans. The Company currently expects to make no contributions to its qualified defined benefit pension plans during the remainder of fiscal year 2016.