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Stock-Based Compensation (Tables)
12 Months Ended
Jul. 31, 2011
Schedule Of Stock Option Activity
               

 

 

 

 

 

 

 

 

 

   2011  

 

Weighted-

  Average

  Exercise

    Price   

Weighted-

   Average

Remaining

Contractual

       Life     

 

 

Aggregate

  Intrinsic

    Value  

 

(Options in thousands)

 

(In years)

 

Beginning of year

  12,473

$  26.47

 

 

Granted

           —

$        —

 

 

Exercised

   (3,737)

$  26.97

 

 

Terminated

         (30)

$  33.82

 

 

End of year

     8,706

$  26.23

       2.2

    $  59

Exercisable at end of year

     8,706

$  26.23

       2.2

    $  59

               
Time-lapse Restricted Units And EPS Performance Restricted Units
       

 

 

 

 

 

     Shares/Units   

       Weighted-Average

      Grant-Date

      Fair Value     

 

(Restricted stock/units in thousands)

 

Nonvested at August 1, 2010

          2,395

       $  35.05

Granted

          1,585

       $  35.64

Vested

         (1,113)

       $  35.74

Forfeited

             (157)

       $  35.11

Nonvested at July 31, 2011

           2,710

       $  35.11

       
TSR Performance Restricted Stock Units, Assumptions Used In Monte Carlo Simulation

 

           2011          

           2010          

           2009          

Risk-free interest rate

                  0.59%

                  1.27%

                  2.06%

Expected dividend yield

                  3.00%

                  3.06%

                  2.46%

Expected volatility

                23.71%

                24.83%

                18.57%

Expected term

                  3 yrs.

                  3 yrs.

                  3 yrs.

T.S.R. Performance Restricted Stock Units [Member]
 
TSR Performance Restricted Stock Units
       

 

 

 

 

 

     Shares/Units   

       Weighted-Average

      Grant-Date

      Fair Value     

 

(Restricted stock/units in thousands)

 

Nonvested at August 1, 2010

          3,581

       $  38.02

Granted

          1,255

       $  43.18

Vested

         (1,062)

       $  34.65

Forfeited

             (343)

       $  39.74

Nonvested at July 31, 2011

           3,431

       $  40.78