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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 199.1 $ 44.5
Accounts receivable, net of allowance for doubtful accounts of $6.9 million and $7.4 million at June 30, 2024 and 2023, respectively 562.6 531.3
Inventories 735.4 639.7
Other current assets 94.1 66.4
Total current assets 1,591.2 1,281.9
Property, plant, equipment and software, net 1,335.2 1,383.8
Goodwill 227.3 241.4
Other intangibles, net 15.2 28.7
Deferred income taxes 7.5 6.6
Other assets 115.3 111.5
Total assets 3,291.7 3,053.9
Current liabilities:    
Accounts payable 263.9 278.1
Accrued liabilities 202.4 181.3
Total current liabilities 466.3 459.4
Long-term debt 694.2 693.0
Accrued pension liabilities 207.6 190.1
Accrued postretirement benefits 21.1 45.8
Deferred income taxes 174.1 170.3
Other liabilities 99.6 99.2
Total liabilities 1,662.9 1,657.8
Contingencies and commitments (see Note $12)
STOCKHOLDERS' EQUITY    
Common stock — authorized 100,000,000 shares; issued 56,978,663 shares at June 30, 2024, and 56,143,131 shares at June 30, 2023; outstanding 49,776,955 shares at June 30, 2024, and 48,635,740 shares at June 30, 2023 284.9 280.7
Capital in excess of par value 352.6 328.4
Reinvested earnings 1,374.5 1,228.0
Common stock in treasury (7,201,708 shares and 7,507,391 shares at June 30, 2024 and 2023, respectively), at cost (289.3) (298.0)
Accumulated other comprehensive loss (93.9) (143.0)
Total stockholders' equity 1,628.8 1,396.1
Total liabilities and stockholders' equity $ 3,291.7 $ 3,053.9