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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 15.7 $ 44.5
Accounts receivable, net 508.4 531.3
Inventories 797.8 639.7
Other current assets 88.3 66.4
Total current assets 1,410.2 1,281.9
Noncurrent assets:    
Property, plant, equipment and software, net 1,364.2 1,383.8
Goodwill 241.4 241.4
Other intangibles, net 25.4 28.7
Deferred income taxes 6.7 6.6
Other assets 111.3 111.5
Total assets 3,159.2 3,053.9
Current liabilities:    
Short-term credit agreement borrowings 13.9 0.0
Accounts payable 313.4 278.1
Accrued liabilities 158.4 181.3
Total current liabilities 485.7 459.4
Noncurrent liabilities:    
Long-term debt 693.6 693.0
Accrued pension liabilities 191.2 190.1
Accrued postretirement benefits 47.2 45.8
Deferred income taxes 168.8 170.3
Other liabilities 98.9 99.2
Total liabilities 1,685.4 1,657.8
Contingencies and commitments (see Note 9)
Equity, Attributable to Parent [Abstract]    
Common stock — authorized 100,000,000 shares; issued 56,634,411 shares at December 31, 2023 and 56,143,131 shares at June 30, 2023; outstanding 49,412,070 shares at December 31, 2023 and 48,635,740 shares at June 30, 2023 283.2 280.7
Capital in excess of par value 327.9 328.4
Reinvested earnings 1,294.8 1,228.0
Common stock in treasury (7,222,341 shares and 7,507,391 shares at December 31, 2023 and June 30, 2023, respectively), at cost (289.7) (298.0)
Accumulated other comprehensive loss (142.4) (143.0)
Total stockholders' equity 1,473.8 1,396.1
Total liabilities and stockholders' equity $ 3,159.2 $ 3,053.9