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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2019
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 18.9 $ 56.2
Accounts receivable, net 390.1 378.5
Inventories 861.0 689.2
Other current assets 39.2 54.9
Total current assets 1,309.2 1,178.8
Property, plant and equipment, net 1,350.8 1,313.4
Goodwill 327.9 268.7
Other intangibles, net 69.4 63.3
Deferred income taxes 4.6 4.3
Other assets 178.3 178.5
Total assets 3,240.2 3,007.0
Current liabilities:    
Short-term credit agreement borrowings 127.0 0.0
Accounts payable 252.0 214.7
Accrued liabilities 138.4 148.6
Total current liabilities 517.4 363.3
Long-term debt 549.0 545.7
Accrued pension liabilities 280.1 288.8
Accrued postretirement benefits 109.7 108.2
Deferred income taxes 159.8 161.6
Other liabilities 66.6 53.5
Total liabilities 1,682.6 1,521.1
Contingencies and commitments (see Note 10)
STOCKHOLDERS’ EQUITY    
Common stock — authorized 100,000,000 shares; issued 55,800,343 shares at March 31, 2019 and 55,712,229 shares at June 30, 2018; outstanding 47,385,326 shares at March 31, 2019 and 47,191,744 shares at June 30, 2018 279.0 278.6
Capital in excess of par value 319.6 310.0
Reinvested earnings 1,566.1 1,475.9
Common stock in treasury (8,415,017 shares and 8,520,485 shares at March 31, 2019 and June 30, 2018, respectively), at cost (335.6) (338.8)
Accumulated other comprehensive loss (271.5) (239.8)
Total stockholders' equity 1,557.6 1,485.9
Total liabilities and stockholders' equity $ 3,240.2 $ 3,007.0