CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Current assets:
Cash and cash equivalents	$ 182,015	$ 556,153
Accounts receivable, less allowance for doubtful accounts of $10,083 and $11,807, respectively	379,855	401,290
Inventories (Note 6)	571,576	525,466
Other current assets	57,381	63,257
Total current assets	1,190,827	1,546,166
Property, plant and equipment:
Land and buildings	351,142	351,953
Machinery and equipment	1,804,871	1,702,243
Less accumulated depreciation	(1,221,118)	(1,229,983)
Property, plant and equipment, net	934,895	824,213
Other assets:
Goodwill (Notes 2 and 7)	300,011	301,802
Other intangible assets, less accumulated amortization of $158,507 and $145,334, respectively (Notes 2 and 7)	160,998	176,468
Deferred income taxes (Note 11)	20,507	17,015
Long-term prepaid pension benefit (Note 12)	31,581	42,543
Other	17,450	17,530
Total other assets	530,547	555,358
Total assets	2,656,269	2,925,737
Current liabilities:
Current maturities of long-term debt (Note 9)	0	399,266
Notes payable to banks (Note 10)	157	934
Accounts payable	212,908	221,903
Accrued income taxes	29,223	18,603
Accrued vacation pay	17,422	18,078
Accrued payroll	59,194	77,161
Other current liabilities (Note 8)	142,822	150,586
Total current liabilities	461,726	886,531
Long-term debt, less current maturities (Note 9)	592,474	591,505
Deferred income taxes (Note 11)	23,322	26,991
Accrued postretirement benefits (Note 12)	11,174	13,725
Accrued pension benefits (Note 12)	162,829	145,797
Accrued income taxes	9,038	6,249
Other liabilities	21,002	24,612
Total liabilities	1,281,565	1,695,410
Commitments and contingencies (Note 18)
Kennametal Shareholders' Equity:
Preferred stock, no par value; 5,000 shares authorized; none issued	0	0
Capital stock, $1.25 par value; 120,000 shares authorized; 82,421 and 81,646 shares issued respectively	103,026	102,058
Additional paid-in capital	528,827	511,909
Retained earnings	1,076,862	900,683
Accumulated other comprehensive loss (Note 13)	(373,543)	(320,325)
Total Kennametal Shareholders' Equity	1,335,172	1,194,325
Noncontrolling interests	39,532	36,002
Total equity	1,374,704	1,230,327
Total liabilities and equity	$ 2,656,269	$ 2,925,737