CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2018	Jun. 30, 2017
Current assets:
Cash and cash equivalents	$ 56.2	$ 66.3
Accounts receivable, net of allowance for doubtful accounts of $2.6 million and $2.6 million at June 30, 2018 and 2017, respectively	378.5	290.4
Inventories	689.2	690.4
Other current assets	54.9	46.5
Total current assets	1,178.8	1,093.6
Property, plant and equipment, net	1,313.4	1,316.8
Goodwill	268.7	263.4
Other intangibles, net	63.3	64.9
Deferred income taxes	4.3	7.6
Other assets	178.5	131.8
Total assets	3,007.0	2,878.1
Current liabilities:
Current portion of long-term debt	0.0	55.0
Accounts payable	214.7	201.1
Accrued liabilities	148.6	139.9
Total current liabilities	363.3	396.0
Long-term debt, net of current portion	545.7	550.0
Accrued pension liabilities	288.8	378.3
Accrued postretirement benefits	108.2	122.6
Deferred income taxes	161.6	184.8
Other liabilities	53.5	47.8
Total liabilities	1,521.1	1,679.5
Contingencies and commitments (see Note 11)
STOCKHOLDERS’ EQUITY
Common stock — authorized 100,000,000 shares; issued 55,712,229 shares at June 30, 2018 and 55,349,658 shares at June 30, 2017; outstanding 47,191,744 shares at June 30, 2018 and 46,753,180 shares at June 30, 2017	278.6	276.7
Capital in excess of par value	310.0	284.8
Reinvested earnings	1,475.9	1,321.8
Common stock in treasury (8,520,485 shares and 8,596,478 shares at June 30, 2018 and 2017, respectively), at cost	(338.8)	(341.6)
Accumulated other comprehensive loss	(239.8)	(343.1)
Total equity	1,485.9	1,198.6
Total liabilities and equity	$ 3,007.0	$ 2,878.1