CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jul. 31, 2023	Jul. 31, 2022
Current assets:
Cash and cash equivalents	$ 187.1	$ 193.3
Accounts receivable, less allowances of $8.3 and $7.6, respectively	599.7	616.6
Inventories, net	418.1	502.4
Prepaid expenses and other current assets	81.1	94.2
Total current assets	1,286.0	1,406.5
Property, plant and equipment, net	652.9	594.4
Goodwill	481.1	345.8
Intangible assets, net	188.1	99.8
Other long-term assets	162.4	153.8
Total assets	2,770.5	2,600.3
Current liabilities:
Short-term borrowings	34.1	3.7
Current maturities of long-term debt	125.0	0.0
Accounts payable	304.9	338.5
Accrued employee compensation and related taxes	119.4	113.8
Deferred revenue	25.3	22.3
Income taxes payable	32.3	31.8
Dividend payable	30.4	28.3
Other current liabilities	85.0	91.2
Total current liabilities	756.4	629.6
Long-term debt	496.6	644.3
Non-current income taxes payable	56.5	69.4
Deferred income taxes	32.3	32.7
Other long-term liabilities	108.0	91.1
Total liabilities	1,449.8	1,467.1
Commitments and contingencies (Note 18)
Stockholders’ equity:
Preferred stock, $1.00 par value, 1,000,000 shares authorized, none issued	0.0	0.0
Common stock, $5.00 par value, 240,000,000 shares authorized, 151,643,194 shares issued	758.2	758.2
Additional paid-in capital	24.8	17.0
Retained earnings	2,087.8	1,845.7
Accumulated other comprehensive loss	(172.5)	(205.6)
Treasury stock, 30,528,696 and 29,089,612 shares, respectively, at cost	(1,377.6)	(1,282.1)
Total stockholders’ equity	1,320.7	1,133.2
Total liabilities and stockholders’ equity	$ 2,770.5	$ 2,600.3