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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Operating Activities    
Net earnings $ 266.9 $ 231.8
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 67.3 71.0
Deferred income taxes (9.6) 3.0
Stock-based compensation expense 17.1 17.0
Other, net 3.8 4.3
Changes in operating assets and liabilities 8.2 (183.2)
Net cash provided by operating activities 353.7 143.9
Investing Activities    
Purchases of property, plant and equipment (92.8) (56.8)
Acquisitions, net of cash acquired (62.3) (49.0)
Net cash used in investing activities (155.1) (105.8)
Financing Activities    
Proceeds from long-term debt 80.0 249.3
Repayments of long-term debt (135.0) (90.0)
Change in short-term borrowings 23.1 (16.4)
Purchase of treasury stock (119.3) (153.7)
Dividends paid (84.1) (81.8)
Exercise of stock options and other 31.2 9.8
Net cash used in financing activities (204.1) (82.8)
Effect of exchange rate changes on cash (1.8) (9.4)
Decrease in cash and cash equivalents (7.3) (54.1)
Cash and cash equivalents, beginning of period 193.3 222.8
Cash and cash equivalents, end of period 186.0 168.7
Supplemental Cash Flow Information    
Income taxes paid 112.7 80.5
Interest paid 15.6 9.4
Supplemental Disclosure of Non-Cash Operating and Investing Transactions    
Accrued property, plant and equipment additions 17.9 12.0
Leased assets obtained in exchange for new operating lease liabilities $ 20.6 $ 12.9