Goodwill and Intangible Assets (Tables)

6 Months Ended

Jan. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Reconciliation of goodwill

Goodwill by reportable segment for the six months ended January 31, 2021 is as follows (in millions):

	Engine Products		Industrial Products		Total
Balance as of July 31, 2020	$	84.8	$	232.0	$	316.8
Goodwill acquired	—		—		—
Currency translation	0.1		5.2		5.3
Balance as of January 31, 2021	$	84.9	$	237.2	$	322.1

Schedule of finite-lived intangible assets

Intangible asset classes as of January 31, 2021 are as follows (in millions):

	Gross Carrying Amount		Accumulated Amortization		Total
Customer relationships	$	107.2	$	(53.4)	$	53.8
Patents, trademarks and technology	24.3		(12.8)		11.5
Total intangible assets, net	$	131.5	$	(66.2)	$	65.3

Intangible asset classes as of July 31, 2020 are as follows (in millions):

	Gross Carrying Amount		Accumulated Amortization		Total
Customer relationships	$	105.2	$	(50.0)	$	55.2
Patents, trademarks and technology	23.7		(11.6)		12.1
Total intangible assets, net	$	128.9	$	(61.6)	$	67.3