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Guarantees (Tables)
9 Months Ended
Apr. 30, 2021
Guarantees [Abstract]  
Guarantor obligations
The outstanding debt relating to AFSI and the contingent liability for standby letters of credit relating to the Company are as follows (in millions):
April 30,
2021
July 31,
2020
Outstanding debt (the Company guarantees half)$34.2 $40.0 
Contingent liability for standby letters of credit$7.7 $7.5 
Amounts drawn for letters of credit$— $— 
Joint venture items
Items relating to AFSI, which are recorded in other income, net on the Company’s Condensed Consolidated Statements of Earnings are as follows (in millions):
Three Months Ended
April 30,
Nine Months Ended
April 30,
2021202020212020
Investment earnings from AFSI$0.8 $0.8 $1.4 $1.2 
Royalty income from AFSI$1.8 $1.6 $5.0 $5.2