CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Mar. 31, 2020	Jun. 30, 2019
Current assets:
Cash and cash equivalents	$ 85,230	$ 182,015
Accounts receivable, less allowance for doubtful accounts of $10,090 and $10,083, respectively	304,162	379,855
Inventories (Note 10)	516,781	571,576
Other current assets	60,550	57,381
Total current assets	966,723	1,190,827
Property, plant and equipment:
Land and buildings	347,490	351,142
Machinery and equipment	1,884,545	1,804,871
Less accumulated depreciation	(1,216,676)	(1,221,118)
Property, plant and equipment, net	1,015,359	934,895
Other assets:
Goodwill (Note 18)	268,658	300,011
Other intangible assets, less accumulated amortization of $133,306 and $158,507, respectively (Note 18)	135,687	160,998
Operating lease right-of-use assets (Note 11)	46,747	0
Deferred income taxes	32,196	20,507
Other	72,730	49,031
Total other assets	556,018	530,547
Total assets	2,538,100	2,656,269
Current liabilities:
Current maturities of long-term debt (Note 12)	4,500	0
Notes payable to banks	0	157
Current operating lease liabilities (Note 11)	12,935	0
Accounts payable	165,062	212,908
Accrued income taxes	10,470	29,223
Accrued expenses	51,466	76,616
Other current liabilities	138,698	142,822
Total current liabilities	383,131	461,726
Long-term debt, less current maturities (Note 12)	593,607	592,474
Operating lease liabilities (Note 11)	34,290	0
Deferred income taxes	13,504	23,322
Accrued pension and postretirement benefits	166,851	174,003
Accrued income taxes	9,304	9,038
Other liabilities	38,590	21,002
Total liabilities	1,239,277	1,281,565
Commitments and contingencies
Kennametal Shareholders' Equity:
Preferred stock, no par value; 5,000 shares authorized; none issued	0	0
Capital stock, $1.25 par value; 120,000 shares authorized; 82,914 and 82,421 shares issued, respectively	103,642	103,026
Additional paid-in capital	536,596	528,827
Retained earnings	1,030,582	1,076,862
Accumulated other comprehensive loss	(410,197)	(373,543)
Total Kennametal Shareholders' Equity	1,260,623	1,335,172
Noncontrolling interests	38,200	39,532
Total equity	1,298,823	1,374,704
Total liabilities and equity	$ 2,538,100	$ 2,656,269