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Derivatives and Hedging Activities (Tables) | 3 Months Ended
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Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule 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 September 30, 2025 and June 30, 2025:
September 30, 2025 |  |  |  | Foreign Currency Contracts |  | Commodity Contracts |  | Total Derivatives
($ in millions) |  |  |  |
Asset Derivatives: |  |  |  |  |  |  |  |
Other current assets |  |  |  | $ | 0.3 |  |  | $ | — |  |  | $ | 0.3 |
Other assets |  |  |  | 0.1 |  |  | 0.1 |  |  | 0.2 |
Total asset derivatives |  |  |  | $ | 0.4 |  |  | $ | 0.1 |  |  | $ | 0.5 |
Liability Derivatives: |  |  |  |  |  |  |  |
Accrued liabilities |  |  |  | $ | — |  |  | $ | 1.8 |  |  | $ | 1.8 |
Other liabilities |  |  |  | — |  |  | — |  |  | — |
Total liability derivatives |  |  |  | $ | — |  |  | $ | 1.8 |  |  | $ | 1.8 |
June 30, 2025 |  |  |  | Foreign Currency Contracts |  | Commodity Contracts |  | Total Derivatives
($ in millions) |  |  |  |
Asset Derivatives: |  |  |  |  |  |  |  |
Other current assets |  |  |  | $ | 0.4 |  |  | $ | — |  |  | $ | 0.4 |
Other assets |  |  |  | 0.1 |  |  | 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 related to cash flow hedges recognized during the three months ended September 30, 2025 and 2024:
|  | Amount of Loss Recognized in AOCI on Derivatives
|  | Three Months Ended September 30, |  |
($ in millions) |  | 2025 |  | 2024 |  |  |  |
Derivatives in Cash Flow Hedging Relationship: |  |  |  |  |  |  |  |
Commodity contracts |  | $ | (1.1) |  |  | $ | (1.1) |  |  |  |  |
Foreign exchange contracts |  | (0.1) |  |  | — |  |  |  |  |
Total |  | $ | (1.2) |  |  | $ | (1.1) |  |  |  |  |
|  | Location of Loss Reclassified from AOCI into Income |  | Amount of Loss Reclassified from AOCI into Income
|  |  | Three Months Ended September 30, |  |
($ in millions) |  |  | 2025 |  | 2024 |  |  |  |
Derivatives in Cash Flow Hedging Relationship: |  |  |  |  |  |  |  |  |  |
Commodity contracts |  | Cost of Sales |  | $ | (1.5) |  |  | $ | (1.8) |  |  |  |  |
Total |  |  |  | $ | (1.5) |  |  | $ | (1.8) |  |  |  |  |
Summary of Effect of Derivative Instruments on Income | 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 three months ended September 30, 2025 and 2024:
|  |  | Three Months Ended September 30, 2025 |  |  |  |  | Three Months Ended September 30, 2024
($ in millions) |  |  | Cost of Sales |  |  |  |  | Cost of Sales |  |
Total amounts presented in the consolidated statements of operations in which the effects of cash flow hedges are recorded |  |  | $ | 517.3 |  |  |  |  |  | $ | 541.3 |  |  |
Loss on Derivatives in Cash Flow Hedging Relationship: |  |  |  |  |  |  |  |  |  |
Commodity contracts |  |  |  |  |  |  |  |  |  |
Amount of loss reclassified from AOCI to income |  |  | $ | (1.5) |  |  |  |  |  | $ | (1.8) |  |  |
Total loss |  |  | $ | (1.5) |  |  |  |  |  | $ | (1.8) |  |  |

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