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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES    
Net income (loss) $ 21.5 $ (3.6)
Adjustments to reconcile net income (loss) to net cash provided from operating activities:    
Depreciation and amortization 88.8 90.0
Goodwill impairment charge 0.0 12.5
Non-cash excess inventory write-down 0.0 22.5
Non-cash restructuring and asset impairment charges 0.0 7.6
Deferred income taxes 37.4 (6.6)
Net pension expense 39.7 40.3
Payments from qualified pension plan associated with restructuring 0.0 9.4
Share-based compensation expense 10.0 6.8
Net loss on disposals of property and equipment 2.2 0.2
Changes in working capital and other, net of acquisition:    
Accounts receivable (15.0) 32.6
Inventories (89.0) (18.0)
Other current assets 3.6 (13.0)
Accounts payable 40.6 (6.6)
Accrued liabilities 4.1 (22.3)
Pension plan contributions (100.0) 0.0
Other postretirement plan contributions (2.4) (9.5)
Cash paid as collateral under derivative agreements 0.0 (8.0)
Other, net (6.0) 2.9
Net cash provided from operating activities 35.5 137.2
INVESTING ACTIVITIES    
Purchases of property, equipment and software (63.1) (66.1)
Proceeds from disposals of property and equipment 0.0 0.3
Acquisition of business (35.3) 0.0
Proceeds from the sale of equity method investment 0.0 6.3
Proceeds from note receivable from the sale of equity method investment 6.3 0.0
Other 0.0 4.0
Net cash used for investing activities (92.1) (55.5)
FINANCING ACTIVITIES    
Change in short-term debt 14.2 25.0
Payments of debt issue costs (1.4) 0.0
Dividends paid (25.6) (26.3)
Purchases of treasury stock 0.0 (123.9)
Payments on seller financed debt related to purchase of software 0.0 (3.7)
Tax benefits on share-based compensation 0.4 0.0
Proceeds from stock options exercised 2.2 0.3
Net cash used for financing activities (10.2) (128.6)
Effect of exchange rate changes on cash and cash equivalents 1.4 0.3
DECREASE IN CASH AND CASH EQUIVALENTS (65.4) (46.6)
Cash and cash equivalents at beginning of period 82.0 70.0
Cash and cash equivalents at end of period 16.6 23.4
Non-cash investing activities:    
Acquisition of property, equipment and software 5.8 7.3
Sale of equity method investment $ 0.0 $ 12.6