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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
OPERATING ACTIVITIES    
Net loss $ (44.1) $ (132.0)
Adjustments to reconcile net loss to net cash (used for) provided from operating activities:    
Depreciation and amortization 65.3 59.6
Goodwill impairment 0.0 52.8
Non-cash restructuring and asset impairment charges 0.0 8.7
Debt extinguishment losses, net 0.0 8.2
Deferred income taxes (17.6) (10.1)
Net pension (income) expense (3.6) 8.1
Share-based compensation expense 5.6 5.4
Net loss on disposals of property, plant and equipment 0.2 0.1
Changes in working capital and other:    
Accounts receivable 0.0 64.2
Inventories (109.8) 155.8
Other current assets (7.4) (26.8)
Accounts payable 26.9 (13.1)
Accrued liabilities (42.9) (3.1)
Pension plan contributions (0.2) (4.7)
Other postretirement plan contributions (1.9) (1.2)
Other, net (6.8) (0.3)
Net cash (used for) provided from operating activities (136.3) 171.6
INVESTING ACTIVITIES    
Purchases of property, plant, equipment and software (33.4) (59.9)
Proceeds from disposals of property, plant and equipment and assets held for sale 1.8 1.5
Proceeds from divestiture of business 0.0 20.0
Net cash used for investing activities (31.6) (38.4)
FINANCING ACTIVITIES    
Net change in short-term credit agreement borrowings 0.0 (170.0)
Proceeds from issuance of long-term debt, net of offering costs 0.0 395.5
Payments on long-term debt 0.0 (250.0)
Payments for debt extinguishment costs, net 0.0 (8.2)
Payments for debt issue costs 0.0 (1.1)
Dividends paid (19.7) (19.5)
Withholding tax payments on share-based compensation awards (3.1) (2.2)
Net cash used for financing activities (22.8) (55.5)
Effect of exchange rate changes on cash and cash equivalents 0.2 0.6
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (190.5) 78.3
Cash and cash equivalents at beginning of period 287.4 193.1
Cash and cash equivalents at end of period 96.9 271.4
SUPPLEMENTAL CASH FLOW INFORMATION:    
Non-cash investing activities: Purchase of property, plant, equipment and software $ 8.4 $ 8.7