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Goodwill and Other Intangible Assets
 3 Months Ended
Oct. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
Goodwill and Other Intangible Assets
The following is a reconciliation of goodwill by reportable segment for the three months ended October 31, 2018 (in millions):
 
Engine
Products
 
Industrial
Products
 
Total
Goodwill
Balance as of July 31, 2018
$
84.9

 
$
153.5

 
$
238.4

Goodwill acquired
—

 
71.0

 
71.0

Foreign exchange translation
(0.3
)
 
(3.7
)
 
(4.0
)
Balance as of October 31, 2018
$
84.6

 
$
220.8

 
$
305.4


The following is a reconciliation of net intangible asset classes for the three months ended October 31, 2018 (in millions):
Customer relationships and lists
Gross Carrying Amount
 
Accumulated Amortization
 
Net Intangible Assets
Balance as of July 31, 2018
$
63.0

 
$
(35.7
)
 
$
27.3

Intangibles acquired
42.0

 
—

 
42.0

Amortization expense
—

 
(1.0
)
 
(1.0
)
Foreign exchange translation
(1.7
)
 
0.2

 
(1.5
)
Balance as of October 31, 2018
$
103.3

 
$
(36.5
)
 
$
66.8


Patents, trademarks and technology
Gross Carrying Amount
 
Accumulated Amortization
 
Net Intangible Assets
Balance as of July 31, 2018
$
43.7

 
$
(35.4
)
 
$
8.3

Intangibles acquired
6.8

 
—

 
6.8

Amortization expense
—

 
(0.4
)
 
(0.4
)
Foreign exchange translation
(1.1
)
 
0.9

 
(0.2
)
Balance as of October 31, 2018
$
49.4

 
$
(34.9
)
 
$
14.5