v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Stock
Capital in Excess of Par Value
Reinvested Earnings
Common Stock in Treasury
Accumulated Other Comprehensive (Loss) Income
Balance, beginning at Jun. 30, 2023 $ 1,396.1 $ 280.7 $ 328.4 $ 1,228.0 $ (298.0) $ (143.0)
Increase (Decrease) in Stockholders' Equity            
Net income 186.5     186.5    
Net gain on derivative instruments, net of tax 1.1         1.1
Pension and postretirement benefits, net of tax 51.2         51.2
Foreign currency translation (3.2)         (3.2)
Cash dividends:            
Common (40.0)     (40.0)    
Share-based compensation plans 9.6   0.9   8.7  
Stock options exercised 27.5 4.2 23.3      
Balance, ending at Jun. 30, 2024 $ 1,628.8 $ 284.9 352.6 1,374.5 $ (289.3) (93.9)
Balances, beginning of period (in shares) at Jun. 30, 2023 48,635,740 56,143,131        
Balances, beginning of period (in shares) at Jun. 30, 2023         (7,507,391)  
Common Shares            
Stock options exercised (in shares) 835,532 835,532        
Share-based compensation plans (in shares) 305,683       305,683  
Balances, end of period (in shares) at Jun. 30, 2024 49,776,955 56,978,663        
Balances, end of period (in shares) at Jun. 30, 2024         (7,201,708)  
Increase (Decrease) in Stockholders' Equity            
Net income $ 376.0     376.0    
Net gain on derivative instruments, net of tax 1.7         1.7
Pension and postretirement benefits, net of tax 16.9         16.9
Foreign currency translation 7.4         7.4
Cash dividends:            
Common (40.3)     (40.3)    
Purchases of treasury stock (101.9)       $ (101.9)  
Share-based compensation plans 0.9   5.5   (4.6)  
Stock options exercised (2.5) $ 1.3 (3.8)      
Balance, ending at Jun. 30, 2025 $ 1,887.0 $ 286.2 354.3 1,710.2 $ (395.8) (67.9)
Common Shares            
Purchases of treasury stock (in shares) (575,000)       (575,000)  
Stock options exercised (in shares) 251,339 251,339        
Share-based compensation plans (in shares) 254,085       254,085  
Balances, end of period (in shares) at Jun. 30, 2025 49,707,379 57,230,002        
Balances, end of period (in shares) at Jun. 30, 2025 (7,522,623)       (7,522,623)  
Increase (Decrease) in Stockholders' Equity            
Net income $ 529.8     529.8    
Net gain on derivative instruments, net of tax 0.4         0.4
Pension and postretirement benefits, net of tax 48.7         48.7
Foreign currency translation (1.6)         (1.6)
Cash dividends:            
Common (40.3)     (40.3)    
Purchases of treasury stock (179.1)       $ (179.1)  
Share-based compensation plans (21.3)   (0.6)   (20.7)  
Stock options exercised 4.0 $ 0.6 3.4      
Balance, ending at Jun. 30, 2026 $ 2,227.6 $ 286.8 $ 357.1 $ 2,199.7 $ (595.6) $ (20.4)
Common Shares            
Purchases of treasury stock (in shares) (545,000)       (545,000)  
Stock options exercised (in shares) 129,341 129,341        
Share-based compensation plans (in shares) 314,863       314,863  
Balances, end of period (in shares) at Jun. 30, 2026 49,606,583 57,359,343        
Balances, end of period (in shares) at Jun. 30, 2026 (7,752,760)       (7,752,760)