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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Operating Activities    
Net earnings $ 92.1 $ 87.2
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 24.3 22.4
Deferred income taxes (4.6) (3.4)
Stock-based compensation expense 10.5 9.7
Other, net (0.2) 4.5
Changes in operating assets and liabilities 15.9 (2.2)
Net cash provided by operating activities 138.0 118.2
Investing Activities    
Purchases of property, plant and equipment (23.2) (28.1)
Net cash used in investing activities (23.2) (28.1)
Financing Activities    
Proceeds from long-term debt 35.0 0.0
Repayments of long-term debt (73.8) (40.0)
Change in short-term borrowings 41.5 (3.3)
Purchase of treasury stock (53.3) (45.7)
Dividends paid (30.2) (28.2)
Exercise of stock options and other 1.9 4.4
Net cash used in financing activities (78.9) (112.8)
Effect of exchange rate changes on cash (5.2) (9.6)
Increase (decrease) in cash and cash equivalents 30.7 (32.3)
Cash and cash equivalents, beginning of period 187.1 193.3
Cash and cash equivalents, end of period 217.8 161.0
Supplemental Cash Flow Information    
Income taxes paid 21.9 19.8
Interest paid 6.6 5.4
Supplemental Disclosure of Non-Cash Operating and Investing Transactions    
Accrued property, plant and equipment additions 15.9 14.7
Leased assets obtained in exchange for new operating lease liabilities $ 4.4 $ 2.4