XML 29 R9.htm IDEA: XBRL DOCUMENT v3.25.2
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Stock
Capital in Excess of Par Value
Reinvested Earnings
Common Stock in Treasury
Accumulated Other Comprehensive (Loss) Income
Balances, beginning of period at Jun. 30, 2022 $ 1,330.5 $ 280.1 $ 320.3 $ 1,211.0 $ (307.4) $ (173.5)
Increase (Decrease) in Stockholders' Equity            
Net income 56.4     56.4    
Net gain (loss) on derivative instruments, net of tax (12.5)         (12.5)
Pension and postretirement benefits, net of tax 37.4         37.4
Foreign currency translation 5.6         5.6
Cash dividends:            
Common (39.4)     (39.4)    
Share-based compensation plans 13.1   3.7   9.4  
Stock options exercised 5.0 0.6 4.4      
Balances, end of period at Jun. 30, 2023 $ 1,396.1 $ 280.7 328.4 1,228.0 $ (298.0) (143.0)
Balances, beginning of period (in shares) at Jun. 30, 2022 48,286,439 56,025,510        
Balances, beginning of period (in shares) at Jun. 30, 2022         (7,739,071)  
Common Shares            
Stock options exercised (in shares) 117,621 117,621        
Share-based compensation plans (in shares) 231,680       231,680  
Balances, end of period (in shares) at Jun. 30, 2023 48,635,740 56,143,131        
Balances, end of period (in shares) at Jun. 30, 2023         (7,507,391)  
Increase (Decrease) in Stockholders' Equity            
Net income $ 186.5     186.5    
Net gain (loss) on derivative instruments, net of tax 1.1         1.1
Pension and postretirement benefits, net of tax 51.2         51.2
Foreign currency translation (3.2)         (3.2)
Cash dividends:            
Common (40.0)     (40.0)    
Share-based compensation plans 9.6   0.9   $ 8.7  
Stock options exercised 27.5 $ 4.2 23.3      
Balances, end of period at Jun. 30, 2024 $ 1,628.8 $ 284.9 352.6 1,374.5 $ (289.3) (93.9)
Common Shares            
Stock options exercised (in shares) 835,532 835,532        
Share-based compensation plans (in shares) 305,683       305,683  
Balances, end of period (in shares) at Jun. 30, 2024 49,776,955 56,978,663        
Balances, end of period (in shares) at Jun. 30, 2024 (7,201,708)       (7,201,708)  
Increase (Decrease) in Stockholders' Equity            
Net income $ 376.0     376.0    
Net gain (loss) on derivative instruments, net of tax 1.7         1.7
Pension and postretirement benefits, net of tax 16.9         16.9
Foreign currency translation 7.4         7.4
Cash dividends:            
Common (40.3)     (40.3)    
Purchases of treasury stock (101.9)       $ (101.9)  
Share-based compensation plans 0.9   5.5   (4.6)  
Stock options exercised (2.5) $ 1.3 (3.8)      
Balances, end of period at Jun. 30, 2025 $ 1,887.0 $ 286.2 $ 354.3 $ 1,710.2 $ (395.8) $ (67.9)
Common Shares            
Purchases of treasury stock (in shares) (575,000)       (575,000)  
Stock options exercised (in shares) 251,339 251,339        
Share-based compensation plans (in shares) 254,085       254,085  
Balances, end of period (in shares) at Jun. 30, 2025 49,707,379 57,230,002        
Balances, end of period (in shares) at Jun. 30, 2025 (7,522,623)       (7,522,623)