|
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
|
6 Months Ended |
|
Jan. 31, 2015
|
Jan. 31, 2014
|
| Operating Activities |
|
|
| Net earnings |
$ 105,477 |
$ 119,932 |
| Adjustments to reconcile net earnings to net cash provided by operating activities |
|
|
| Depreciation and amortization |
37,399 |
33,167 |
| Changes in operating assets and liabilities |
(70,956) |
94 |
| Tax benefit of equity plans |
(5,383) |
(6,864) |
| Stock compensation plan expense |
7,677 |
7,137 |
| Deferred taxes |
(2,294) |
(6,143) |
| Loss on sale of business |
|
905 |
| Other, net |
13,489 |
3,377 |
| Net cash provided by operating activities |
85,409 |
151,605 |
| Investing Activities |
|
|
| Net expenditures on property, plant, and equipment |
(50,969) |
(42,848) |
| Purchases of short-term investments |
|
(46,719) |
| Proceeds from sale of short-term investments |
87,474 |
47,369 |
| Acquisitions, net of cash acquired |
(96,651) |
|
| Net cash used in investing activities |
(60,146) |
(42,198) |
| Financing Activities |
|
|
| Purchase of treasury stock |
(174,213) |
(66,331) |
| Repayments of long-term debt |
(1,304) |
(80,665) |
| Change in short-term borrowings |
137,184 |
96,901 |
| Dividends paid |
(45,695) |
(39,414) |
| Tax benefit of equity plans |
5,383 |
6,864 |
| Exercise of stock options |
8,147 |
10,331 |
| Net cash used in financing activities |
(70,498) |
(72,314) |
| Effect of exchange rate changes on cash |
(22,185) |
(2,112) |
| Increase (decrease) in cash and cash equivalents |
(67,420) |
34,981 |
| Cash and cash equivalents, beginning of year |
296,418 |
224,138 |
| Cash and cash equivalents, end of period |
$ 228,998 |
$ 259,119 |