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Fair Value Measurements (Tables)
6 Months Ended
Dec. 31, 2013
Fair Value Measurements  
Schedule of fair value of assets and liabilities measured on a recurring basis

 

 

December 31, 2013

 

Fair Value Measurements
Using Input Type

 

 

 

($ in millions)

 

Level 1

 

Level 2

 

Total

 

Assets:

 

 

 

 

 

 

 

Marketable securities

 

 

 

 

 

 

 

Municipal auction rate securities

 

  $

-

 

  $

5.5

 

  $

5.5

 

Derivative financial instruments

 

-

 

0.3

 

0.3

 

Total assets

 

  $

-

 

  $

5.8

 

  $

5.8

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

Derivative financial instruments

 

  $

-

 

  $

63.9

 

  $

63.9

 

 

 

 

 

 

 

 

 

June 30, 2013

 

Fair Value Measurements
Using Input Type

 

 

 

($ in millions)

 

Level 1

 

Level 2

 

Total

 

Assets:

 

 

 

 

 

 

 

Marketable securities

 

 

 

 

 

 

 

Municipal auction rate securities

 

  $

-

 

  $

5.4

 

  $

5.4

 

Derivative financial instruments

 

-

 

0.9

 

0.9

 

Total assets

 

  $

-

 

  $

6.3

 

  $

6.3

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

Derivative financial instruments

 

  $

-

 

  $

73.1

 

  $

73.1

 

 

Schedule of carrying amounts and estimated fair values of financial instruments not recorded at fair value in the financial statements

 

 

December 31, 2013

 

June 30, 2013

 

($ in millions)

 

Carrying

 

Fair

 

Carrying

 

Fair

 

 

 

Value

 

Value

 

Value

 

Value

 

Long-term debt, including current portion

 

  $

604.3

 

  $

602.1

 

  $

604.2

 

  $

602.8

 

Company-owned life insurance

 

  $

14.6

 

  $

14.6

 

  $

13.6

 

  $

13.6