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Long-Term Debt (Tables)
 12 Months Ended
Jul. 31, 2020
Debt Disclosure [Abstract]  
Schedule of long-term debt
Long-term debt consists of the following (in millions):
July 31,
20202019
Variable rate committed, unsecured $500.0 million revolving credit facility due July 21, 2022, interest rate of 1.29% as of July 31, 2020
$240.0 $286.5 
Unsecured senior notes, $125.0 million principal payment due March 27, 2024, interest rate of 3.72% payable semi-annually
125.0 125.0 
Unsecured senior notes, $125.0 million principal payment due June 17, 2030, interest rate of 3.18% payable semi-annually
125.0 125.0 
Variable rate committed, unsecured €80.0 million term loan due October 28, 2024, interest rate of 0.70% as of July 31, 2020
94.7 — 
Variable rate committed, unsecured $50.0 million term loan due July 21, 2020
— 50.0 
Unsecured senior notes, $25.0 million principal payment due April 16, 2025, interest rate of 2.93% payable semi-annually
25.0 25.0 
Variable rate guaranteed senior note, ¥1.65 billion due May 20, 2024. As of July 31, 2020, ¥1.0 billion outstanding with interest rate of 0.41% payable quarterly
9.6 15.2 
Variable rate guaranteed senior note, ¥1.00 billion due July 15, 2021. As of July 31, 2020, ¥600.0 million outstanding with interest rate of 0.27% payable quarterly
5.7 9.2 
Capitalized lease obligations, with various maturity dates and interest rates— 0.2 
Debt issuance costs, net(1.9)(1.5)
Subtotal
623.1 634.6 
Less: current maturities
5.7 50.2 
Total long-term debt$617.4 $584.4 
Schedule of maturities of long-term debt
The estimated future maturities of the Company’s long-term debt as of July 31, 2020, are as follows (in millions):
Year Ended July 31,Amount
2021$5.7 
2022240.0 
2023— 
2024134.6 
2025119.7 
Thereafter125.0 
Total estimated future maturities payments625.0 
   Less: debt issuance costs, net1.9 
Total future maturities payments, net of debt issuance costs$623.1