v3.26.1
Derivatives and Hedging Activities (Tables)
 12 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Fair Value and Location of Outstanding Derivative Contracts Recorded in Consolidated Balance Sheets
The fair value and location of outstanding derivative contracts recorded in the accompanying consolidated balance sheets were as follows as of June 30, 2026 and 2025:
 
June 30, 2026
($ in millions)		Foreign Currency ContractsCommodity ContractsTotal Derivatives
Asset Derivatives:
Other current assets$0.1 $0.2 $0.3 
Other assets— — — 
Total asset derivatives$0.1 $0.2 $0.3 
Liability Derivatives:
Accrued liabilities$— $1.2 $1.2 
Other liabilities— — — 
Total liability derivatives$— $1.2 $1.2 

June 30, 2025
($ in millions)		Foreign Currency ContractsCommodity ContractsTotal Derivatives
Asset Derivatives:
Other current assets$0.4 $— $0.4 
Other assets0.1 0.1 0.2 
Total asset derivatives$0.5 $0.1 $0.6 
Liability Derivatives:
Accrued liabilities$— $2.2 $2.2 
Other liabilities— — — 
Total liability derivatives$— $2.2 $2.2 
Summary of the Gains (Losses) Related to Cash Flow Hedges The following is a summary of the (losses) and gains related to cash flow hedges recognized during the fiscal years ended June 30, 2026, 2025 and 2024:
Amount of (Loss) Gain Recognized in AOCI on Derivatives 
Years Ended June 30,
($ in millions)202620252024
Derivatives in Cash Flow Hedging Relationship:
Commodity contracts$(1.5)$(2.3)$(9.6)
Foreign exchange contracts(0.3)0.3 — 
Total$(1.8)$(2.0)$(9.6)
 
Amount of Loss Reclassified from AOCI into Income 
Years Ended June 30,
($ in millions)Location of Loss Reclassified from AOCI
 into Income		202620252024
Derivatives in Cash Flow Hedging Relationship:
Commodity contractsCost of sales$(2.4)$(4.2)$(11.0)
Total$(2.4)$(4.2)$(11.0)

The following is a summary of total amounts presented in the consolidated statements of operations in which the effects of cash flow hedges are recorded during the fiscal years ended June 30, 2026 and 2025:
Year Ended
June 30, 2026		Year Ended
June 30, 2025
($ in millions)Cost of SalesCost of Sales
Total amounts presented in the consolidated statements of operations in which the effects of cash flow hedges are recorded$2,168.7 $2,108.5 
Loss on Derivatives in Cash Flow Hedging Relationship:
   Commodity contracts
Amount of loss reclassified from AOCI to income$(2.4)$(4.2)
Total loss$(2.4)$(4.2)
Summary of Changes in AOCI Associated with Derivative Hedging Activities
The changes in AOCI associated with derivative hedging activities during the fiscal years ended June 30, 2026, 2025 and 2024 were as follows:
Years Ended June 30,
($ in millions) (a)202620252024
Balance, beginning$(4.2)$(5.9)$(7.0)
Current period changes in fair value, net of tax(1.4)(1.5)(7.3)
Reclassification to earnings, net of tax1.8 3.2 8.4 
Balance, ending$(3.8)$(4.2)$(5.9)
(a)    All amounts are net of tax. Amounts in parentheses indicate debits.