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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