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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
OPERATING ACTIVITIES    
Net (loss) income $ (3.6) $ 36.2
Adjustments to reconcile net (loss) income to net cash provided from operating activities:    
Depreciation and amortization 90.0 91.2
Goodwill impairment charge 12.5 0.0
Non-cash excess inventory write-down 22.5 0.0
Non-cash restructuring and asset impairment charge 7.6 6.3
Deferred income taxes (6.6) 68.4
Net pension expense 40.3 34.6
Payments from qualified pension plan associated with restructuring 9.4 7.6
Share-based compensation expense 6.8 6.8
Net loss on disposals of property and equipment 0.2 0.8
Changes in working capital and other:    
Accounts receivable 32.6 6.6
Inventories (18.0) (18.4)
Other current assets (13.0) (12.0)
Accounts payable (6.6) (42.3)
Accrued liabilities (22.3) (22.7)
Pension plan contributions 0.0 (5.5)
Other postretirement plan contributions (9.5) (10.2)
Cash paid as collateral under derivative agreements (8.0) 0.0
Other, net 2.9 1.0
Net cash provided from operating activities 137.2 148.4
INVESTING ACTIVITIES    
Purchases of property, equipment and software (66.1) (152.3)
Proceeds from disposals of property and equipment 0.3 0.2
Proceeds from the sale of equity method investment 6.3 0.0
Other 4.0 0.0
Net cash used for investing activities (55.5) (152.1)
FINANCING ACTIVITIES    
Net change in short-term debt 25.0 0.0
Dividends paid (26.3) (28.8)
Purchases of treasury stock (123.9) (60.3)
Payments on seller financed debt related to purchase of software (3.7) 0.0
Tax benefits on share-based compensation 0.0 0.6
Proceeds from stock options exercised 0.3 2.3
Net cash used for financing activities (128.6) (86.2)
Effect of exchange rate changes on cash and cash equivalents 0.3 (0.7)
DECREASE IN CASH AND CASH EQUIVALENTS (46.6) (90.6)
Cash and cash equivalents at beginning of period 70.0 120.0
Cash and cash equivalents at end of period 23.4 29.4
Non-cash investing activities:    
Acquisition of property, equipment and software 7.3 9.3
Sale of equity method investment 12.6 0.0
Non-cash financing activities:    
Seller financed debt related to purchase of software $ 0.0 $ 4.9