Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jan. 31, 2018	Jul. 31, 2017
Current assets:
Cash and cash equivalents	$ 362.2	$ 308.4
Accounts receivable, less allowance of $8.5 and $8.7, respectively	509.9	497.7
Inventories, net	344.9	293.5
Prepaid expenses and other current assets	62.9	51.4
Total current assets	1,279.9	1,151.0
Property, plant and equipment, net	507.7	484.6
Goodwill	242.0	238.1
Intangible assets, net	38.2	40.6
Deferred income taxes	24.9	30.3
Other long-term assets	38.6	35.1
Total assets	2,131.3	1,979.7
Current liabilities:
Short-term borrowings	17.7	23.3
Current maturities of long-term debt	0.4	50.6
Trade accounts payable	200.0	194.0
Other current liabilities	216.9	216.2
Total current liabilities	435.0	484.1
Long-term debt	667.7	537.3
Deferred income taxes	4.7	3.6
Other long-term liabilities	197.0	100.2
Total liabilities	1,304.4	1,125.2
Commitments and contingencies (Note 14)
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	1,016.4	1,056.9
Non-controlling interests	4.6	4.4
Accumulated other comprehensive loss	(103.9)	(157.0)
Treasury stock, 21,784,693 and 21,037,353 shares, respectively, at cost	(848.4)	(808.0)
Total shareholders' equity	826.9	854.5
Total liabilities and shareholders' equity	$ 2,131.3	$ 1,979.7