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Restructuring Plans (Tables)

9 Months Ended

Mar. 31, 2020

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Related Costs

The total costs incurred from the beginning of the Company's material restructuring plans are as follows:

($ in millions)						2018 Rigid Packaging Restructuring Plan						2019 Bemis Integration Plan						Other Restructuring Plans						Total Restructuring and Related Expenses (1)
Fiscal year 2019 net charges to earnings						64.1						47.9						18.8						130.8
Fiscal year 2020 first quarter net charges to earnings						3.4						13.9						0.3						17.6
Fiscal year 2020 second quarter net charges to earnings						2.6						20.8						0.7						24.1
Fiscal year 2020 third quarter net charges to earnings						7.8						11.5						0.8						20.1
Expense incurred to date						$	77.9					$	94.1					$	20.6					$	192.6

(1)Total restructuring and related expenses includes restructuring related costs from the 2019 Bemis Integration Plan of $1.8 million, $3.6 million, $1.5 million and $2.0 million for the fiscal year 2019, fiscal year 2020 first quarter, fiscal year 2020 second quarter, and fiscal year 2020 third quarter, respectively.

Schedule of Restructuring Reserve

An analysis of the Company's restructuring plan liability is as follows:

($ in millions)						Employee Costs						Fixed Asset Related Costs						Other Costs						Total Restructuring Costs
Liability balance at June 30, 2019						72.5						6.7						8.4						87.6
Net charges to earnings						32.7						9.3						12.7						54.7
Cash paid						(39.0)						(2.5)						(14.4)						(55.9)
Non-cash and other						—						(8.9)						—						(8.9)
Foreign currency translation						0.1						—						(0.1)						—
Liability balance at March 31, 2020						$	66.3					$	4.6					$	6.6					77.5

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
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-Section S99
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- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
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-Section S99
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