XML 17 R7.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
OPERATING ACTIVITIES    
Net income $ 264.3 $ 92.9
Adjustments to reconcile net income to net cash provided from operating activities:    
Depreciation and amortization 103.6 100.8
Goodwill impairment 0.0 14.1
Noncash restructuring and asset impairment charges 2.5 0.0
Deferred income taxes (12.3) (11.3)
Net pension expense 18.6 69.8
Share-based compensation expense 16.2 13.7
Net loss on disposals of property, plant and equipment 0.9 3.5
Changes in working capital and other:    
Accounts receivable (39.4) 9.3
Inventories (93.3) (155.6)
Other current assets 10.2 (19.2)
Accounts payable (10.6) (1.0)
Accrued liabilities (14.0) (5.2)
Pension plan contributions (58.5) (4.9)
Other postretirement plan contributions (2.8) (1.8)
Other, net (3.1) 0.3
Net cash provided from operating activities 182.3 105.4
INVESTING ACTIVITIES    
Purchases of property, plant, equipment and software (96.3) (68.9)
Proceeds from disposals of property, plant and equipment 0.1 0.1
Net cash used for investing activities (96.2) (68.8)
FINANCING ACTIVITIES    
Credit agreement borrowings 0.0 62.5
Credit agreement repayments 0.0 (62.5)
Dividends paid (30.2) (29.9)
Purchases of treasury stock (77.8) 0.0
Proceeds from stock options exercised 12.2 19.8
Withholding tax payments on share-based compensation awards (36.6) (18.2)
Net cash used for financing activities (132.4) (28.3)
Effect of exchange rate changes on cash and cash equivalents (1.3) 0.7
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (47.6) 9.0
Cash and cash equivalents at beginning of year 199.1 44.5
Cash and cash equivalents at end of period 151.5 53.5
SUPPLEMENTAL CASH FLOW INFORMATION:    
Noncash investing activities: Purchase of property, plant, equipment and software $ 16.0 $ 11.6