Weighted average shares

12 Months Ended

Jul. 31, 2024

Earnings Per Share [Abstract]

Weighted average shares

Note 3. Weighted average shares

The following table shows the calculation of diluted shares:

	For the years ended July 31,
(In millions)	2024	2023	2022
Weighted average number of shares outstanding:
Basic weighted average shares	202.9	206.4	217.7
Effect of dilutive shares (1)	0.6	0.8	1.2
Diluted weighted average shares	203.5	207.2	218.9
Excluded anti-dilutive shares	—	0.1	0.1

(1) Represents the potential dilutive impact of share-based awards.