CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2023	Jun. 30, 2023
Current assets:
Cash and cash equivalents	$ 18.1	$ 44.5
Accounts receivable, net	510.8	531.3
Inventories	706.7	639.7
Other current assets	86.3	66.4
Total current assets	1,321.9	1,281.9
Noncurrent assets:
Property, plant, equipment and software, net	1,371.2	1,383.8
Goodwill	241.4	241.4
Other intangibles, net	26.8	28.7
Deferred income taxes	6.6	6.6
Other assets	108.9	111.5
Total assets	3,076.8	3,053.9
Current liabilities:
Accounts payable	315.5	278.1
Accrued liabilities	133.1	181.3
Total current liabilities	448.6	459.4
Noncurrent liabilities:
Long-term debt	693.3	693.0
Accrued pension liabilities	188.4	190.1
Accrued postretirement benefits	46.9	45.8
Deferred income taxes	172.6	170.3
Other liabilities	97.7	99.2
Total liabilities	1,647.5	1,657.8
Contingencies and commitments (see Note 9)
STOCKHOLDERS' EQUITY
Common stock — authorized 100,000,000 shares; issued 56,513,629 shares at September 30, 2023 and 56,143,131 shares at June 30, 2023; outstanding 49,275,925 shares at September 30, 2023 and 48,635,740 shares at June 30, 2023	282.6	280.7
Capital in excess of par value	320.4	328.4
Reinvested earnings	1,262.0	1,228.0
Common stock in treasury (7,237,704 shares and 7,507,391 shares at September 30, 2023 and June 30, 2023, respectively), at cost	(290.2)	(298.0)
Accumulated other comprehensive loss	(145.5)	(143.0)
Total stockholders' equity	1,429.3	1,396.1
Total liabilities and stockholders' equity	$ 3,076.8	$ 3,053.9