Property, Plant and Equipment, net

6 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Note 5 – Property, Plant and Equipment, net

Property, plant and equipment, net consisted of the following:


	Estimated Useful Lives (in Years)		December 31, 2014			June 30, 2014
Land			$	10,183		$	11,077
Buildings and improvements		1-50		270,520			296,401
Machinery and equipment		3-20		1,197,316			1,240,750
Furniture and fixtures		3-10		31,725			33,414

Property, plant and equipment, gross				1,509,744			1,581,642
Less accumulated depreciation and amortization				(1,034,506	)		(1,071,786	)

Property, plant and equipment, net			$	475,238		$	509,856

Depreciation expense for the three months ended December 31, 2014 and 2013 was $32.2 million and $29.1 million, respectively, and was $63.4 million and $57.9 million in the six months ended December 31, 2014 and 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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