CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2022	Jun. 30, 2021
Current assets:
Cash and cash equivalents	$ 393.9	$ 287.4
Accounts receivable, net	336.2	308.7
Inventories	526.5	425.7
Other current assets	143.1	95.6
Total current assets	1,399.7	1,117.4
Property, plant and equipment, net	1,425.9	1,457.5
Goodwill	241.4	241.4
Other intangibles, net	37.5	43.1
Deferred income taxes	5.6	5.3
Other assets	120.1	106.5
Total assets	3,230.2	2,971.2
Current liabilities:
Current portion of long-term debt	300.0	0.0
Accounts payable	214.0	142.4
Accrued liabilities	119.8	163.9
Total current liabilities	633.8	306.3
Long-term debt	690.9	694.5
Accrued pension liabilities	208.6	222.6
Accrued postretirement benefits	98.6	98.6
Deferred income taxes	148.8	156.9
Other liabilities	102.4	100.0
Total liabilities	1,883.1	1,578.9
Contingencies and commitments (see Note 11)
STOCKHOLDERS' EQUITY
Common stock — authorized 100,000,000 shares; issued 56,024,619 shares at March 31, 2022 and 56,024,619 shares at June 30, 2021; outstanding 48,277,682 shares at March 31, 2022 and 48,040,676 shares at June 30, 2021	280.1	280.1
Capital in excess of par value	318.5	322.6
Reinvested earnings	1,218.2	1,299.3
Common stock in treasury (7,746,937 shares and 7,983,943 shares at March 31, 2022 and June 30, 2021, respectively), at cost	(307.7)	(317.4)
Accumulated other comprehensive loss	(162.0)	(192.3)
Total stockholders' equity	1,347.1	1,392.3
Total liabilities and stockholders' equity	$ 3,230.2	$ 2,971.2