CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2020	Jun. 30, 2019
Current assets:
Cash and cash equivalents	$ 193.1	$ 27.0
Accounts receivable, net of allowance for doubtful accounts of $4.6 million and $3.7 million at June 30, 2020 and 2019, respectively	292.3	384.1
Inventories	724.3	787.7
Other current assets	56.6	37.4
Total current assets	1,266.3	1,236.2
Property, plant and equipment, net	1,351.1	1,366.2
Goodwill	290.4	326.4
Other intangibles, net	52.1	67.2
Deferred income taxes	4.9	4.2
Other assets	262.4	187.6
Total assets	3,227.2	3,187.8
Current liabilities:
Short-term credit agreement borrowings	170.0	19.7
Accounts payable	124.2	238.7
Accrued liabilities	157.9	157.6
Total current liabilities	452.1	416.0
Long-term debt	551.8	550.6
Accrued pension liabilities	399.5	371.2
Accrued postretirement benefits	137.4	122.1
Deferred income taxes	130.2	142.7
Other liabilities	110.5	65.1
Total liabilities	1,781.5	1,667.7
Contingencies and commitments (see Note 13)
STOCKHOLDERS’ EQUITY
Common stock — authorized 100,000,000 shares; issued 56,012,748 shares at June 30, 2020 and 55,808,743 shares at June 30, 2019; outstanding 47,850,468 shares at June 30, 2020 and 47,470,363 shares at June 30, 2019	280.1	279.0
Capital in excess of par value	321.4	320.4
Reinvested earnings	1,568.0	1,605.3
Common stock in treasury (8,162,280 shares and 8,338,380 shares at June 30, 2020 and 2019, respectively), at cost	(325.8)	(332.8)
Accumulated other comprehensive loss	(398.0)	(351.8)
Total stockholders' equity	1,445.7	1,520.1
Total liabilities and stockholders' equity	$ 3,227.2	$ 3,187.8