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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Oct. 31, 2024
Oct. 31, 2023
Operating Activities    
Net earnings $ 99.0 $ 92.1
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 25.5 24.3
Deferred income taxes (4.7) (4.6)
Stock-based compensation expense 12.2 10.5
Other, net (2.4) (0.2)
Changes in operating assets and liabilities (56.7) 15.9
Net cash provided by operating activities 72.9 138.0
Investing Activities    
Purchases of property, plant and equipment (25.0) (23.2)
Equity investment (71.0) 0.0
Net cash used in investing activities (96.0) (23.2)
Financing Activities    
Proceeds from long-term debt 55.0 35.0
Repayments of long-term debt 0.0 (73.8)
Change in short-term borrowings 50.1 41.5
Purchase of treasury stock (74.4) (53.3)
Dividends paid (32.4) (30.2)
Exercise of stock options and other 11.5 1.9
Net cash provided by (used in) financing activities 9.8 (78.9)
Effect of exchange rate changes on cash 1.8 (5.2)
(Decrease) increase in cash and cash equivalents (11.5) 30.7
Cash and cash equivalents, beginning of period 232.7 187.1
Cash and cash equivalents, end of period 221.2 217.8
Supplemental Cash Flow Information    
Income taxes paid 20.1 21.9
Interest paid 5.2 6.6
Supplemental Disclosure of Non-Cash Operating and Investing Transactions    
Accrued property, plant and equipment additions 12.1 15.9
Leased assets obtained in exchange for new operating lease liabilities $ 12.8 $ 4.4