CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) shares in Millions, $ in Millions |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Apr. 30, 2019 |
Apr. 30, 2018 |
Apr. 30, 2019 |
Apr. 30, 2018 |
|
| Income Statement [Abstract] | ||||
| Net sales | $ 712.8 | $ 700.0 | $ 2,117.9 | $ 2,009.5 |
| Cost of sales | 472.1 | 460.2 | 1,413.4 | 1,326.5 |
| Gross profit | 240.7 | 239.8 | 704.5 | 683.0 |
| Operating expenses | 140.7 | 140.2 | 420.7 | 414.2 |
| Operating income | 100.0 | 99.6 | 283.8 | 268.8 |
| Interest expense | 5.2 | 5.4 | 14.7 | 15.7 |
| Other income, net | (4.7) | (4.8) | (7.3) | (7.0) |
| Earnings before income taxes | 99.5 | 99.0 | 276.4 | 260.1 |
| Income taxes | 24.3 | 29.1 | 67.3 | 182.2 |
| Net earnings | $ 75.2 | $ 69.9 | $ 209.1 | $ 77.9 |
| Weighted average shares - basic (in shares) | 128.2 | 130.1 | 128.5 | 130.5 |
| Weighted average shares - diluted (in shares) | 130.0 | 131.9 | 130.4 | 132.5 |
| Net earnings per share - basic (in usd per share) | $ 0.59 | $ 0.54 | $ 1.63 | $ 0.60 |
| Net earnings per share - diluted (in usd per share) | 0.58 | 0.53 | 1.60 | 0.59 |
| Dividends paid per share (in usd per share) | $ 0.19 | $ 0.18 | $ 0.57 | $ 0.54 |