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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Operating Activities    
Net earnings $ 148.8 $ 118.1
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 47.5 46.6
Deferred income taxes 1.2 (7.0)
Stock-based compensation expense 13.4 10.2
Other, net 6.5 13.5
Changes in operating assets and liabilities (137.6) 20.9
Net cash provided by operating activities 79.8 202.3
Investing Activities    
Purchases of property, plant and equipment (33.5) (30.4)
Acquisitions, net of cash acquired (49.0) 0.0
Net cash used in investing activities (82.5) (30.4)
Financing Activities    
Proceeds from long-term debt 174.3 0.0
Repayments of long-term debt (75.0) (125.0)
Change in short-term borrowings 15.9 13.0
Purchase of non-controlling interests 0.0 (14.4)
Purchase of treasury stock (115.6) (46.3)
Dividends paid (54.6) (53.1)
Tax withholding payments for stock compensation transactions (1.2) (3.5)
Exercise of stock options 10.5 18.7
Net cash used in financing activities (45.7) (210.6)
Effect of exchange rate changes on cash (4.0) 9.4
Decrease in cash and cash equivalents (52.4) (29.3)
Cash and cash equivalents, beginning of period 222.8 236.6
Cash and cash equivalents, end of period 170.4 207.3
Supplemental Cash Flow Information    
Income taxes paid 50.4 51.9
Interest paid 5.0 5.8
Supplemental Disclosure of Non-Cash Operating and Investing Transactions    
Accrued property, plant and equipment additions 9.1 6.0
Leased assets obtained in exchange for new operating lease liabilities $ 9.3 $ 5.8