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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
OPERATING ACTIVITIES    
Net loss $ (51.7) $ (172.5)
Adjustments to reconcile net loss to net cash (used for) provided from operating activities:    
Depreciation and amortization 98.5 91.6
Goodwill impairment charge 0.0 52.8
Non-cash inventory write-downs from restructuring 0.0 2.6
Acquisition-related contingent liability release (4.7) 0.0
Non-cash restructuring and asset impairment charges 0.0 13.6
Debt extinguishment losses, net 0.0 8.2
Deferred income taxes (19.0) (19.3)
Net pension (income) expense (5.5) 20.3
Share-based compensation expense 8.6 7.8
Net loss on disposals of property, plant and equipment 0.7 0.1
Changes in working capital and other:    
Accounts receivable (29.9) 13.8
Inventories (101.4) 181.9
Other current assets (12.6) (33.4)
Accounts payable 63.1 18.2
Accrued liabilities (38.5) 3.8
Pension plan contributions (0.2) (10.9)
Other postretirement plan contributions (1.2) (1.6)
Other, net (7.2) (1.6)
Net cash (used for) provided from operating activities (101.0) 175.4
INVESTING ACTIVITIES    
Purchases of property, plant, equipment and software (58.5) (78.5)
Proceeds from disposals of property, plant and equipment and assets held for sale 1.8 1.6
Proceeds from divestiture of business 0.0 20.0
Net cash used for investing activities (56.7) (56.9)
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 296.6 395.5
Payments on long-term debt 0.0 (250.0)
Payments for debt extinguishment costs, net 0.0 (8.2)
Payments for debt issue costs (1.1) (2.5)
Dividends paid (29.4) (29.3)
Proceeds from stock options exercised 0.0 0.2
Withholding tax payments on share-based compensation awards (3.2) (2.3)
Net cash provided from (used for) financing activities 262.9 (66.6)
Effect of exchange rate changes on cash and cash equivalents 1.3 (0.8)
INCREASE IN CASH AND CASH EQUIVALENTS 106.5 51.1
Cash and cash equivalents at beginning of period 287.4 193.1
Cash and cash equivalents at end of period 393.9 244.2
SUPPLEMENTAL CASH FLOW INFORMATION:    
Non-cash investing activities: Purchase of property, plant, equipment and software $ 11.8 $ 4.2