CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Mar. 31, 2020	Jun. 30, 2019
Current assets:
Cash and cash equivalents	$ 93.0	$ 27.0
Accounts receivable, net	374.4	384.1
Inventories	869.0	787.7
Other current assets	40.7	37.4
Total current assets	1,377.1	1,236.2
Property, plant and equipment, net	1,395.2	1,366.2
Goodwill	325.1	326.4
Other intangibles, net	61.2	67.2
Deferred income taxes	3.8	4.2
Other assets	267.0	187.6
Total assets	3,429.4	3,187.8
Current liabilities:
Short-term credit agreement borrowings	170.0	19.7
Accounts payable	209.6	238.7
Accrued liabilities	136.4	157.6
Total current liabilities	516.0	416.0
Long-term debt	552.4	550.6
Accrued pension liabilities	359.7	371.2
Accrued postretirement benefits	122.8	122.1
Deferred income taxes	151.5	142.7
Other liabilities	108.5	65.1
Total liabilities	1,810.9	1,667.7
Contingencies and commitments (see Note 11)
STOCKHOLDERS’ EQUITY
Common stock — authorized 100,000,000 shares; issued 56,012,748 shares at March 31, 2020 and 55,808,743 shares at June 30, 2019; outstanding 47,804,334 shares at March 31, 2020 and 47,470,363 shares at June 30, 2019	280.1	279.0
Capital in excess of par value	325.7	320.4
Reinvested earnings	1,696.1	1,605.3
Common stock in treasury (8,208,414 shares and 8,338,380 shares at March 31, 2020 and June 30, 2019, respectively), at cost	(328.1)	(332.8)
Accumulated other comprehensive loss	(355.3)	(351.8)
Total stockholders' equity	1,618.5	1,520.1
Total liabilities and stockholders' equity	$ 3,429.4	$ 3,187.8