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Fair Value Measurements (Tables)
12 Months Ended
Jun. 30, 2015
Fair Value Disclosures [Abstract]  
Schedule of fair value of assets and liabilities measured on a recurring basis
The following tables present the Company’s assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy:
 
June 30, 2015
 
Fair Value Measurements
Using Input Type
($ in millions)
 
Level 2
 
Total
Assets:
 
 

 
 

Marketable securities
 
 

 
+C5

Municipal auction rate securities
 
$
5.0

 
$
5.0

Derivative financial instruments
 
4.4

 
4.4

Total assets
 
$
9.4

 
$
9.4

Liabilities:
 
 

 
 

Derivative financial instruments
 
$
53.5

 
$
53.5

 
June 30, 2014
 
Fair Value Measurements
Using Input Type
($ in millions)
 
Level 2
 
Total
Assets:
 
 

 
 

Marketable securities
 
 

 
 

Municipal auction rate securities
 
$
5.2

 
$
5.2

Derivative financial instruments
 
20.4

 
20.4

Total assets
 
$
25.6

 
$
25.6

Liabilities:
 
 

 
 

Derivative financial instruments
 
$
10.9

 
$
10.9

Schedule of carrying amounts and estimated fair values of financial instruments not recorded at fair value in the financial statements
The carrying amounts of other financial instruments not listed in the table below approximate fair value due to the short-term nature of these items. The carrying amounts and estimated fair values of the Company’s financial instruments not recorded at fair value in the financial statements were as follows:
 
 
 
June 30, 2015
 
June 30, 2014
($ in millions)
 
Carrying
Value
 
Fair
Value
 
Carrying
Value
 
Fair
Value
Long-term debt
 
$
607.1

 
$
628.6

 
$
604.3

 
$
638.7

Company-owned life insurance
 
$
13.0

 
$
13.0

 
$
16.2

 
$
16.2