CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2022	Jun. 30, 2022
Current assets:
Cash and cash equivalents	$ 20.0	$ 154.2
Accounts receivable, net	441.6	382.3
Inventories	722.7	496.1
Other current assets	99.1	86.8
Total current assets	1,283.4	1,119.4
Property, plant and equipment, net	1,390.5	1,420.8
Goodwill	241.4	241.4
Other intangibles, net	31.7	35.2
Deferred income taxes	5.2	5.7
Other assets	104.3	109.8
Total assets	3,056.5	2,932.3
Current liabilities:
Short-term credit agreement borrowings	81.2	0.0
Accounts payable	304.7	242.1
Accrued liabilities	124.4	133.5
Total current liabilities	510.3	375.6
Long-term debt	692.4	691.8
Accrued pension liabilities	199.4	196.6
Accrued postretirement benefits	78.3	77.4
Deferred income taxes	162.0	162.4
Other liabilities	93.0	98.0
Total liabilities	1,735.4	1,601.8
Contingencies and commitments (see Note 9)
STOCKHOLDERS' EQUITY
Common stock — authorized 100,000,000 shares; issued 56,026,448 shares at December 31, 2022 and 56,025,510 shares at June 30, 2022; outstanding 48,507,489 shares at December 31, 2022 and 48,286,439 shares at June 30, 2022	280.1	280.1
Capital in excess of par value	315.3	320.3
Reinvested earnings	1,190.7	1,211.0
Common stock in treasury (7,518,959 shares and 7,739,071 shares at December 31, 2022 and June 30, 2022, respectively), at cost	(298.4)	(307.4)
Accumulated other comprehensive loss	(166.6)	(173.5)
Total stockholders' equity	1,321.1	1,330.5
Total liabilities and stockholders' equity	$ 3,056.5	$ 2,932.3