CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2025	Jun. 30, 2024
Current assets:
Cash and cash equivalents	$ 315.5	$ 199.1
Accounts receivable, net of allowance for doubtful accounts of $12.9 million and $6900000 million at June 30, 2025 and 2024, respectively	575.5	562.6
Inventories	793.8	735.4
Other current assets	79.9	94.1
Total current assets	1,764.7	1,591.2
Property, plant, equipment and software, net	1,359.4	1,335.2
Goodwill	227.3	227.3
Other intangibles, net	9.5	15.2
Deferred income taxes	7.8	7.5
Other assets	118.1	115.3
Total assets	3,486.8	3,291.7
Current liabilities:
Accounts payable	267.4	263.9
Accrued liabilities	216.3	202.4
Total current liabilities	483.7	466.3
Long-term debt	695.4	694.2
Accrued pension liabilities	146.9	207.6
Accrued postretirement benefits	12.5	21.1
Deferred income taxes	162.8	174.1
Other liabilities	98.5	99.6
Total liabilities	1,599.8	1,662.9
Contingencies and commitments (see Note $12)
STOCKHOLDERS' EQUITY
Common stock — authorized 100,000,000 shares; issued 57,230,002 shares at June 30, 2025, and 56,978,663 shares at June 30, 2024; outstanding 49,707,379 shares at June 30, 2025, and 49,776,955 shares at June 30, 2024	286.2	284.9
Capital in excess of par value	354.3	352.6
Reinvested earnings	1,710.2	1,374.5
Common stock in treasury (7,522,623 shares and 7,201,708 shares at June 30, 2025 and 2024, respectively), at cost	(395.8)	(289.3)
Accumulated other comprehensive loss	(67.9)	(93.9)
Total stockholders' equity	1,887.0	1,628.8
Total liabilities and stockholders' equity	$ 3,486.8	$ 3,291.7