Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jan. 31, 2015
Jul. 31, 2014
Current assets    
Cash and cash equivalents $ 228,998 $ 296,418
Short-term investments 28,220 127,201
Accounts receivable, less allowance of $6,878 and $6,763 431,498 474,157
Inventories 272,007 253,351
Prepaids and other current assets 100,966 74,150
Total current assets 1,061,689 1,225,277
Property, plant, and equipment, at cost 1,109,747 1,099,188
Less accumulated depreciation (644,242) (647,523)
Property, plant, and equipment, net 465,505 451,665
Goodwill 218,319 166,406
Intangible assets, net 37,886 36,045
Other assets 66,851 63,018
Total assets 1,850,250 1,942,411
Current liabilities    
Short-term borrowings 322,160 185,303
Current maturities of long-term debt 1,830 1,738
Trade accounts payable 188,061 216,603
Other current liabilities 185,002 205,936
Total current liabilities 697,053 609,580
Long-term debt 240,896 243,726
Deferred income taxes 20,915 22,386
Other long-term liabilities 66,596 64,236
Total liabilities 1,025,460 939,928
Shareholders' equity    
Preferred stock, $1.00 par value, 1,000,000 shares authorized, none issued      
Common stock, $5.00 par value, 240,000,000 shares authorized, 151,643,194 shares issued 758,216 758,216
Retained earnings 760,019 702,435
Stock compensation plans 17,736 19,601
Accumulated other comprehensive loss (128,878) (45,810)
Treasury stock at cost, 15,007,173 and 11,237,522 shares at January 31, 2015 and July 31, 2014, respectively (582,303) (431,959)
Total shareholders' equity 824,790 1,002,483
Total liabilities and shareholders' equity $ 1,850,250 $ 1,942,411