Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Oct. 31, 2015	Jul. 31, 2015
Current assets
Cash and cash equivalents	$ 197.9	$ 189.9
Short-term investments	9.9	27.5
Accounts receivable, less allowance of $5.9 and $6.7	429.2	460.0
Inventories	285.8	265.0
Prepaids and other current assets	90.6	88.3
Total current assets	1,013.4	1,030.7
Property, plant, and equipment, at cost	1,141.2	1,128.1
Less accumulated depreciation	(667.0)	(657.5)
Property, plant, and equipment, net	474.2	470.6
Goodwill	228.6	223.7
Intangible assets, net	43.3	37.9
Other assets	40.6	46.6
Total assets	1,800.1	1,809.5
Current liabilities
Short-term borrowings	244.9	187.3
Current maturities of long-term debt	1.7	1.8
Trade accounts payable	163.1	179.2
Other current liabilities	175.2	192.3
Total current liabilities	584.9	560.6
Long-term debt	389.3	389.2
Deferred income taxes	10.8	12.5
Other long-term liabilities	75.5	68.5
Total liabilities	1,060.5	1,030.8
Shareholders' 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
Retained earnings	852.9	815.2
Non-controlling interest	4.0	3.9
Stock compensation plans	16.9	17.9
Accumulated other comprehensive loss	(174.2)	(162.0)
Treasury stock at cost, 19,005,519 and 17,044,950 shares at October 31, 2015 and July 31, 2015, respectively	(718.2)	(654.5)
Total shareholders' equity	739.6	778.7
Total liabilities and shareholders' equity	$ 1,800.1	$ 1,809.5