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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Stock, Par Value of $5
Common Stock, Capital in Excess of Par Value
Reinvested Earnings
Common Stock in Treasury
Accumulated Other Comprehensive (Loss) Income
Balances at the beginning of the period at Jun. 30, 2023 $ 1,396.1 $ 280.7 $ 328.4 $ 1,228.0 $ (298.0) $ (143.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 92.9     92.9    
Net gain (loss) on derivative instruments, net of tax (1.4)         (1.4)
Pension and postretirement benefits, net of tax 28.6         28.6
Foreign currency translation 0.5         0.5
Cash dividends:            
Common stock (29.9)     (29.9)    
Share-based compensation plans 4.0   (4.5)   8.5  
Stock options exercised 11.8 2.5 9.3      
Balances at the end of the period at Mar. 31, 2024 1,502.6 283.2 333.2 1,291.0 (289.5) (115.3)
Balances at the beginning of the period at Dec. 31, 2023 1,473.8 283.2 327.9 1,294.8 (289.7) (142.4)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 6.3     6.3    
Net gain (loss) on derivative instruments, net of tax 2.3         2.3
Pension and postretirement benefits, net of tax 27.0         27.0
Foreign currency translation (2.2)         (2.2)
Cash dividends:            
Common stock (10.1)     (10.1)    
Share-based compensation plans 5.1   4.9   0.2  
Stock options exercised 0.4 0.4      
Balances at the end of the period at Mar. 31, 2024 1,502.6 283.2 333.2 1,291.0 (289.5) (115.3)
Balances at the beginning of the period at Jun. 30, 2024 1,628.8 284.9 352.6 1,374.5 (289.3) (93.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 264.3     264.3    
Net gain (loss) on derivative instruments, net of tax 3.1         3.1
Pension and postretirement benefits, net of tax 2.9         2.9
Foreign currency translation (1.6)         (1.6)
Cash dividends:            
Common stock (30.2)     (30.2)    
Purchase of treasury stock (77.8)       (77.8)  
Share-based compensation plans (4.2)   (0.2)   (4.0)  
Stock options exercised (3.6) 1.1 (4.7)      
Balances at the end of the period at Mar. 31, 2025 1,781.7 286.0 347.7 1,608.6 (371.1) (89.5)
Balances at the beginning of the period at Dec. 31, 2024 1,716.9 285.6 338.0 1,523.2 (333.7) (96.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 95.4     95.4    
Net gain (loss) on derivative instruments, net of tax 2.3         2.3
Pension and postretirement benefits, net of tax 1.0         1.0
Foreign currency translation 3.4         3.4
Cash dividends:            
Common stock (10.0)     (10.0)    
Purchase of treasury stock (37.5)       (37.5)  
Share-based compensation plans 6.5   6.4   0.1  
Stock options exercised 3.7 0.4 3.3      
Balances at the end of the period at Mar. 31, 2025 $ 1,781.7 $ 286.0 $ 347.7 $ 1,608.6 $ (371.1) $ (89.5)