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Property, Plant & Equipment
12 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant & Equipment Property, Plant & Equipment
Property, plant & equipment consists of the following:
June 30,20222021
($000)
Land and land improvements$19,368 $20,454 
Buildings and improvements415,530 419,157 
Machinery and equipment1,651,762 1,483,183 
Construction in progress271,605 136,544 
Finance lease right-of-use asset25,000 25,000 
2,383,265 2,084,338 
Less accumulated depreciation(1,020,070)(841,432)
Property, plant, and equipment, net$1,363,195 $1,242,906 
Included in the table above is a building acquired under a finance lease. As of June 30, 2022 and June 30, 2021, the accumulated depreciation of the finance lease ROU asset was $9 million and $7 million, respectively.