CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2024	Jun. 30, 2024
Current assets:
Cash and cash equivalents	$ 162.1	$ 199.1
Accounts receivable, net	565.4	562.6
Inventories	812.0	735.4
Other current assets	100.8	94.1
Total current assets	1,640.3	1,591.2
Property, plant, equipment and software, net	1,325.2	1,335.2
Goodwill	227.3	227.3
Other intangibles, net	12.4	15.2
Deferred income taxes	7.6	7.5
Other assets	113.9	115.3
Total assets	3,326.7	3,291.7
Current liabilities:
Accounts payable	266.9	263.9
Accrued liabilities	165.2	202.4
Total current liabilities	432.1	466.3
Long-term debt	694.8	694.2
Accrued pension liabilities	198.9	207.6
Accrued postretirement benefits	22.1	21.1
Deferred income taxes	166.7	174.1
Other liabilities	95.2	99.6
Total liabilities	1,609.8	1,662.9
Contingencies and commitments (see Note 10)
STOCKHOLDERS' EQUITY
Common stock — authorized 100,000,000 shares; issued 57,111,839 shares at December 31, 2024 and 56,978,663 shares at June 30, 2024; outstanding 49,875,113 shares at December 31, 2024 and 49,776,955 shares at June 30, 2024	285.6	284.9
Capital in excess of par value	338.0	352.6
Reinvested earnings	1,523.2	1,374.5
Common stock in treasury (7,236,726 shares and 7,201,708 shares at December 31, 2024 and June 30, 2024, respectively), at cost	(333.7)	(289.3)
Accumulated other comprehensive loss	(96.2)	(93.9)
Total stockholders' equity	1,716.9	1,628.8
Total liabilities and stockholders' equity	$ 3,326.7	$ 3,291.7