General form of registration statement for all companies including face-amount certificate companies

Contracts in Progress - (Tables)

v3.21.2
Contracts in Progress - (Tables)
12 Months Ended
Jun. 30, 2021
Contracts in Progress [Abstract]  
Schedule Of Cost And Billings ON Uncompleted Construction Type Long Term Contracts Or Programs [Table Text Block]
Costs and billings on uncompleted construction-type contracts consist of the following (in millions):
 
    
June 30,

2021
    
June 30,

2020
 
Costs incurred on contracts (from inception to completion)
   $ 185.8      $ 152.5  
Estimated earnings
     133.2        108.9  
    
 
 
    
 
 
 
Contracts in progress
     319.0        261.4  
Less: billings to date
     (261.9      (209.8
Less: write-offs
     (2.7      —    
    
 
 
    
 
 
 
     $ 54.4      $ 51.6  
    
 
 
    
 
 
 
Schedule of costs in excess of billings and billings in excess of costs on uncompleted contracts [Table Text Block]
Included in the accompanying balance sheets under the following captions:
 
    
June 30,

2021
    
June 30,

2020
 
Costs and estimated earnings in excess of billings on uncompleted contracts – current
   $ 57.2      $ 59.5  
Costs and estimated earnings in excess of billings on uncompleted contracts – noncurrent
(1)
     8.1        —    
Billings in excess of costs and estimated earnings on uncompleted contracts – current
(2)
     (8.0      (8.0
Billings in excess of costs and estimated earnings on uncompleted contracts – noncurrent
(3)
     (2.9      —    
    
 
 
    
 
 
 
     $ 54.4      $ 51.5  
    
 
 
    
 
 
 
 
(1)
Included in other assets within the consolidated balance sheets.
(2)
Included in deferred contract revenue – current within the consolidated balance sheets.
(3)
Included in other liabilities within the consolidated balance sheets.