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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Apr. 30, 2020
Apr. 30, 2019
Apr. 30, 2020
Apr. 30, 2019
Income Statement [Abstract]        
Net sales $ 629.7 $ 712.8 $ 1,964.4 $ 2,117.9
Cost of sales 420.5 472.1 1,300.7 1,413.4
Gross profit 209.2 240.7 663.7 704.5
Operating expenses 124.7 140.7 406.1 420.7
Operating income 84.5 100.0 257.6 283.8
Interest expense 4.4 5.2 13.5 14.7
Other income, net (4.3) (4.7) (9.8) (7.3)
Earnings before income taxes 84.4 99.5 253.9 276.4
Income taxes 21.0 24.3 61.0 67.3
Net earnings $ 63.4 $ 75.2 $ 192.9 $ 209.1
Weighted average shares - basic (in shares) 126.9 128.2 127.0 128.5
Weighted average shares - diluted (in shares) 127.7 130.0 128.5 130.4
Net earnings per share - basic (in usd per share) $ 0.50 $ 0.59 $ 1.52 $ 1.63
Net earnings per share - diluted (in usd per share) $ 0.50 $ 0.58 $ 1.50 $ 1.60