CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2025	Jun. 30, 2024
Current assets:
Cash and cash equivalents	$ 151.5	$ 199.1
Accounts receivable, net	602.8	562.6
Inventories	825.0	735.4
Other current assets	86.3	94.1
Total current assets	1,665.6	1,591.2
Property, plant, equipment and software, net	1,337.1	1,335.2
Goodwill	227.3	227.3
Other intangibles, net	11.0	15.2
Deferred income taxes	7.7	7.5
Other assets	113.1	115.3
Total assets	3,361.8	3,291.7
Current liabilities:
Accounts payable	258.4	263.9
Accrued liabilities	185.8	202.4
Total current liabilities	444.2	466.3
Long-term debt	695.1	694.2
Accrued pension liabilities	158.9	207.6
Accrued postretirement benefits	22.2	21.1
Deferred income taxes	163.9	174.1
Other liabilities	95.8	99.6
Total liabilities	1,580.1	1,662.9
Contingencies and commitments (see Note 10)
STOCKHOLDERS' EQUITY
Common stock — authorized 100,000,000 shares; issued 57,206,493 shares at March 31, 2025 and 56,978,663 shares at June 30, 2024; outstanding 49,770,924 shares at March 31, 2025 and 49,776,955 shares at June 30, 2024	286.0	284.9
Capital in excess of par value	347.7	352.6
Reinvested earnings	1,608.6	1,374.5
Common stock in treasury (7,435,569 shares and 7,201,708 shares at March 31, 2025 and June 30, 2024, respectively), at cost	(371.1)	(289.3)
Accumulated other comprehensive loss	(89.5)	(93.9)
Total stockholders' equity	1,781.7	1,628.8
Total liabilities and stockholders' equity	$ 3,361.8	$ 3,291.7