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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Jul. 31, 2018
Income Statement [Abstract]      
Net sales $ 2,581.8 $ 2,844.9 $ 2,734.2
Cost of sales 1,710.2 1,896.6 1,798.4
Gross profit 871.6 948.3 935.8
Selling, general and administrative 470.3 497.8 498.9
Research and development 61.2 62.3 59.9
Operating income 340.1 388.2 377.0
Interest expense 17.4 19.9 21.3
Other income, net (12.5) (6.9) (7.9)
Earnings before income taxes 335.2 375.2 363.6
Income taxes 78.2 108.0 183.3
Net earnings $ 257.0 $ 267.2 $ 180.3
Weighted average shares – basic (in shares) 126.9 128.3 130.3
Weighted average shares – diluted (in shares) 128.3 130.3 132.2
Net earnings per share – basic (in dollars per share) $ 2.03 $ 2.08 $ 1.38
Net earnings per share – diluted (in dollars per share) $ 2.00 $ 2.05 $ 1.36