Derivatives and Hedging Activities (Tables)

12 Months Ended

Jun. 30, 2012

Derivatives and Hedging Activities

Schedule of fair value of outstanding derivative contracts recorded in balance sheets

June 30, 2012 ($ in millions)	Interest Rate Swaps		Foreign Currency Contracts		Commodity Contracts		Total Derivatives
Asset Derivatives:
Derivatives designated as hedging instruments:
Other current assets	$	0.2	$	1.2	$	—	$	1.4
Other assets	1.2		—		—		1.2
Total asset derivatives	$	1.4	$	1.2	$	—	$	2.6
Liability Derivatives:
Derivatives designated as hedging instruments:
Accrued liabilities	$	—	$	1.5	$	25.0	$	26.5
Other liabilities	—		0.4		29.6		30.0
Total liability derivatives	$	—	$	1.9	$	54.6	$	56.5

June 30, 2011 ($ in millions)	Interest Rate Swaps		Foreign Currency Contracts		Commodity Contracts		Total Derivatives
Asset Derivatives:
Derivatives designated as hedging instruments:
Other current assets	$	0.8	$	—	$	5.4	$	6.2
Other assets	2.0		—		11.8		13.8
Total asset derivatives	$	2.8	$	—	$	17.2	$	20.0
Liability Derivatives:
Derivatives designated as hedging instruments:
Accrued liabilities	$	—	$	0.9	$	6.8	$	7.7
Other liabilities	—		—		6.4		6.4
Total liability derivatives	$	—	$	0.9	$	13.2	$	14.1

Summary of the gains (losses) related to cash flow hedges

	Amount of (Loss) Gain Recognized in AOCI on Derivatives (Effective Portion)
	Years Ended June 30,
($ in millions)	2012			2011			2010
Derivatives in Cash Flow Hedging Relationship:
Commodity contracts	$	(79.0	)	$	15.2		$	23.3
Foreign exchange contracts	(0.1		)	(2.4		)	0.7
Forward interest rate swaps	—			1.0			—
Total	$	(79.1	)	$	13.8		$	24.0

	Location of (Loss) Gain	Amount of (Loss) Gain Reclassified from AOCI into Income (Effective  Portion)
	Reclassified from AOCI into	Years Ended June 30,
($ in millions)	Income (Effective Portion)	2012			2011			2010
Derivatives in Cash Flow Hedging Relationship:
Commodity contracts	Cost of sales	$	(23.4	)	$	7.6		$	(3.2	)
Foreign exchange contracts	Net sales	1.2			(1.2		)	1.3
Total		$	(22.2	)	$	6.4		$	(1.9	)

Schedule of changes in other accumulated comprehensive income associated with derivative hedging activities

	2012			2011			2010
Balance at July 1	$	2.6		$	(2.4	)	$	(17.3	)
Current period changes in fair value, net of tax	(49.1		)	8.5			11.6
Reclassification to earnings, net of tax	13.7			(3.5		)	3.3
Balance at June 30	$	(32.8	)	$	2.6		$	(2.4	)