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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
OPERATING ACTIVITIES    
Net income $ 67.0 $ 115.5
Adjustments to reconcile net income to net cash provided from operating activities:    
Depreciation and amortization 60.1 58.0
Deferred income taxes 4.9 (66.2)
Net pension expense 5.8 7.1
Share-based compensation expense 8.1 8.1
Net loss on disposals of property and equipment 0.1 0.4
Changes in working capital and other:    
Accounts receivable 39.4 (3.8)
Inventories (150.9) (81.5)
Other current assets (8.0) (17.6)
Accounts payable 52.8 11.8
Accrued liabilities (28.0) (6.2)
Pension plan contributions (3.3) (4.9)
Other postretirement plan contributions (1.5) (1.8)
Other, net 0.7 (1.6)
Net cash provided from operating activities 47.2 17.3
INVESTING ACTIVITIES    
Purchases of property, plant, equipment and software (81.7) (55.7)
Proceeds from disposals of property and equipment 0.1 0.0
Acquisition of business, net of cash acquired (79.0) 0.0
Proceeds from sales of marketable securities 2.9 0.0
Net cash used for investing activities (157.7) (55.7)
FINANCING ACTIVITIES    
Credit agreement borrowings 122.2 0.0
Credit agreement repayments (42.2) 0.0
Net change in short-term credit agreement borrowings 20.6 9.3
Dividends paid (19.3) (17.2)
Proceeds from stock options exercised 3.6 3.5
Withholding tax payments on share-based compensation awards (4.3) (0.6)
Net cash provided from (used for) financing activities 80.6 (5.0)
Effect of exchange rate changes on cash and cash equivalents 2.2 (2.2)
DECREASE IN CASH AND CASH EQUIVALENTS (27.7) (45.6)
Cash and cash equivalents at beginning of period 56.2 66.3
Cash and cash equivalents at end of period 28.5 20.7
Non-cash investing activities:    
Acquisition of property, plant, equipment and software $ 11.1 $ 5.8