| Reclassifications from Accumulated Other Comprehensive Loss The changes in AOCI by component, net of tax, for the years ended June 30, 2026 and 2025 were as follows:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | ($ in millions) (a) | | Cash flow hedging items | | Pension and other postretirement benefit plan items | | | Foreign currency items | | Total | | Balances at June 30, 2025 | | $ | (4.2) | | | $ | (27.4) | | | | $ | (36.3) | | | $ | (67.9) | | | | | | | | | | | | | Other comprehensive (loss) income before reclassifications | | (1.4) | | | 46.6 | | | | (1.6) | | | 43.6 | | | Amounts reclassified from AOCI (b) | | 1.8 | | | 2.1 | | | | — | | | 3.9 | | | Total other comprehensive income (loss), net of tax | | 0.4 | | | 48.7 | | | | (1.6) | | | 47.5 | | | Balances at June 30, 2026 | | $ | (3.8) | | | $ | 21.3 | | | | $ | (37.9) | | | $ | (20.4) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ($ in millions) (a) | | Cash flow hedging items | | Pension and other postretirement benefit plan items | | | | Foreign currency items | | Total | | Balances at June 30, 2024 | | $ | (5.9) | | | $ | (44.3) | | | | | $ | (43.7) | | | $ | (93.9) | | | Other comprehensive (loss) income before reclassifications | | (1.5) | | | 13.1 | | | | | 7.4 | | | 19.0 | | | | | | | | | | | | | | Amounts reclassified from AOCI (b) | | 3.2 | | | 3.8 | | | | | — | | | 7.0 | | | Total other comprehensive income, net of tax | | 1.7 | | | 16.9 | | | | | 7.4 | | | 26.0 | | | Balances at June 30, 2025 | | $ | (4.2) | | | $ | (27.4) | | | | | $ | (36.3) | | | $ | (67.9) | |
(a) All amounts are net of tax. Amounts in parentheses indicate debits. (b) See separate table below for further details. The following is a summary of amounts reclassified from AOCI for the years ended June 30, 2026 and 2025: | | | | | | | | | | | | | | | | | | | | | | | | | Amount Reclassified from AOCI | | Details about AOCI Components | | | | Years Ended June 30, | | ($ in millions) (a) | | Location of loss | | 2026 | | 2025 | | Cash flow hedging items: | | | | | | | | Commodity contracts | | Cost of sales | | $ | (2.4) | | | $ | (4.2) | | | | | | | | | | | | | | | | | Total before tax | | | | (2.4) | | | (4.2) | | | Tax benefit | | | | 0.6 | | | 1.0 | | | Net of tax | | | | $ | (1.8) | | | $ | (3.2) | |
| | | | | | | | | | | | | | | | | | | | | | | | | Amount Reclassified from AOCI | | Details about AOCI Components | | | | Years Ended June 30, | | ($ in millions) (a) | | Location of loss | | 2026 | | 2025 | | Amortization of pension and other postretirement benefit plan items: | | | | | | | | Net actuarial loss | | | | $ | (0.7) | | | $ | (1.7) | | | Prior service cost | | | | (1.7) | | | (3.3) | | | Settlement charge | | | | (0.3) | | | — | | | Total before tax | | (b) | | (2.7) | | | (5.0) | | | Tax benefit | | (b) | | 0.6 | | | 1.2 | | | Net of tax | | (b) | | $ | (2.1) | | | $ | (3.8) | |
(a) Amounts in parentheses indicate debits to income/loss. (b) These AOCI components are included in the computation of net periodic pension expense (income) (see Note 11 for additional details).
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