CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015
Current assets:
Cash and cash equivalents	$ 82.0	$ 70.0
Accounts receivable, net of allowance for doubtful accounts of $4.1 million and $3.8 million at June 30, 2016 and 2015, respectively	253.6	304.1
Inventories	628.7	655.8
Deferred income taxes	0.0	3.3
Other current assets	46.4	37.2
Total current assets	1,010.7	1,070.4
Property, plant and equipment, net	1,351.4	1,397.0
Goodwill	244.8	257.4
Other intangibles, net	63.2	71.6
Deferred income taxes	8.2	0.0
Other assets	116.0	106.2
Total assets	2,794.3	2,902.6
Current liabilities:
Accounts payable	159.6	169.5
Accrued liabilities	139.2	152.6
Total current liabilities	298.8	322.1
Long-term debt, net of current portion	611.3	603.8
Accrued pension liabilities	509.3	334.1
Accrued postretirement benefits	116.6	111.2
Deferred income taxes	102.4	146.5
Other liabilities	51.0	59.0
Total liabilities	1,689.4	1,576.7
Contingencies and commitments
STOCKHOLDERS’ EQUITY
Common stock — authorized 100,000,000 shares; issued 55,254,569 shares at June 30, 2016 and 55,234,942 shares at June 30, 2015; outstanding 46,600,125 shares at June 30, 2016 and 50,318,244 shares at June 30, 2015	276.3	276.2
Capital in excess of par value	273.5	266.6
Reinvested earnings	1,308.9	1,332.4
Common stock in treasury (8,654,444 shares and 4,916,698 shares at June 30, 2016 and 2015, respectively), at cost	(343.9)	(221.1)
Accumulated other comprehensive loss	(409.9)	(328.2)
Total equity	1,104.9	1,325.9
Total liabilities and equity	$ 2,794.3	$ 2,902.6