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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Apr. 30, 2020
Apr. 30, 2019
Operating Activities    
Net earnings $ 192.9 $ 209.1
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 64.6 59.8
Deferred income taxes 2.4 8.8
Stock-based compensation expense 11.6 13.8
Other, net 19.2 (8.5)
Changes in operating assets and liabilities, excluding effect of acquired business (25.5) (59.8)
Net cash provided by operating activities 265.2 223.2
Investing Activities    
Net expenditures on property, plant and equipment (106.2) (112.4)
Acquisitions, net of cash acquired 0.0 (96.0)
Net cash used in investing activities (106.2) (208.4)
Financing Activities    
Proceeds from long-term debt 262.7 145.0
Repayments of long-term debt (111.1) (24.8)
Change in short-term borrowings 5.7 22.9
Purchase of treasury stock (94.3) (104.4)
Dividends paid (79.8) (72.9)
Tax withholding payments for stock compensation transactions (6.3) (4.1)
Exercise of stock options 19.4 24.6
Net cash used in financing activities (3.7) (13.7)
Effect of exchange rate changes on cash (6.6) (2.0)
Increase (decrease) in cash and cash equivalents 148.7 (0.9)
Cash and cash equivalents, beginning of period 177.8 204.7
Cash and cash equivalents, end of period 326.5 203.8
Supplemental Cash Flow Information [Abstract]    
Income taxes 59.5 73.1
Interest 14.2 14.2
Accrued property, plant and equipment additions $ 9.9 $ 16.1