Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 30, 2017
Jul. 31, 2016
Current assets    
Cash and cash equivalents $ 295.9 $ 243.2
Accounts receivable, less allowance of $9.1 and $8.6 459.2 452.4
Inventories, net 272.8 234.1
Prepaids and other current assets 56.1 80.0
Total current assets 1,084.0 1,009.7
Property, plant, and equipment, at cost 1,184.2 1,150.6
Less accumulated depreciation (721.7) (680.8)
Property, plant, and equipment, net 462.5 469.8
Goodwill 229.6 229.3
Intangible assets, net 38.5 38.5
Deferred income taxes, net 35.4  
Deferred income taxes   7.8
Other long-term assets 30.3 31.9
Total assets 1,880.3 1,787.0
Current liabilities    
Short-term borrowings 206.3 165.5
Current maturities of long-term debt 100.6 51.2
Trade accounts payable 179.0 143.3
Other current liabilities 169.0 183.8
Total current liabilities 654.9 543.8
Long-term debt 298.1 350.2
Deferred income taxes, net 3.2  
Deferred income taxes   3.1
Other long-term liabilities 122.1 118.5
Total liabilities 1,078.3 1,015.6
Commitments and contingencies (Note 14)
Shareholders' equity    
Preferred stock, $1.00 par value, 1,000,000 shares authorized, none issued 0.0 0.0
Common stock, $5.00 par value, 240,000,000 shares authorized, 151,643,194 shares issued 758.2 758.2
Retained earnings 1,020.5 905.1
Non-controlling interest 4.3 4.0
Stock compensation plans 15.4 16.7
Accumulated other comprehensive loss (210.6) (205.6)
Treasury stock, 20,587,579 and 18,750,503 shares, at cost (785.8) (707.0)
Total shareholders' equity 802.0 771.4
Total liabilities and shareholders' equity $ 1,880.3 $ 1,787.0