CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Sep. 30, 2019	Jun. 30, 2019
Current assets:
Cash and cash equivalents	$ 24.6	$ 27.0
Accounts receivable, net	383.4	384.1
Inventories	837.6	787.7
Other current assets	64.0	37.4
Total current assets	1,309.6	1,236.2
Property, plant and equipment, net	1,380.2	1,366.2
Goodwill	324.5	326.4
Other intangibles, net	64.9	67.2
Deferred income taxes	4.0	4.2
Other assets	258.3	187.6
Total assets	3,341.5	3,187.8
Current liabilities:
Short-term credit agreement borrowings	77.6	19.7
Accounts payable	259.9	238.7
Accrued liabilities	129.1	157.6
Total current liabilities	466.6	416.0
Long-term debt	550.9	550.6
Accrued pension liabilities	366.8	371.2
Accrued postretirement benefits	122.3	122.1
Deferred income taxes	154.6	142.7
Other liabilities	103.3	65.1
Total liabilities	1,764.5	1,667.7
Contingencies and commitments (see Note 10)
STOCKHOLDERS’ EQUITY
Common stock — authorized 100,000,000 shares; issued 55,969,677 shares at September 30, 2019 and 55,808,743 shares at June 30, 2019; outstanding 47,719,523 shares at September 30, 2019 and 47,470,363 shares at June 30, 2019	279.8	279.0
Capital in excess of par value	317.5	320.4
Reinvested earnings	1,636.8	1,605.3
Common stock in treasury (8,250,154 shares and 8,338,380 shares at September 30, 2019 and June 30, 2019, respectively), at cost	(329.5)	(332.8)
Accumulated other comprehensive loss	(327.6)	(351.8)
Total stockholders' equity	1,577.0	1,520.1
Total liabilities and stockholders' equity	$ 3,341.5	$ 3,187.8