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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jan. 31, 2019
Jan. 31, 2018
Jan. 31, 2019
Jan. 31, 2018
Income Statement [Abstract]        
Net sales $ 703.7 $ 664.7 $ 1,405.1 $ 1,309.5
Cost of sales 478.3 445.8 941.3 866.3
Gross profit 225.4 218.9 463.8 443.2
Operating expenses 140.3 138.8 280.0 274.0
Operating income 85.1 80.1 183.8 169.2
Interest expense 5.3 5.1 9.5 10.3
Other income, net (0.7) (1.4) (2.6) (2.2)
Earnings before income taxes 80.5 76.4 176.9 161.1
Income taxes 20.4 129.3 43.0 153.1
Net earnings (loss) $ 60.1 $ (52.9) $ 133.9 $ 8.0
Weighted average shares - basic (in shares) 128.3 130.6 128.6 130.7
Weighted average shares - diluted (in shares) 130.0 130.6 130.6 132.8
Net earnings (loss) per share - basic (in usd per share) $ 0.47 $ (0.40) $ 1.04 $ 0.06
Net earnings (loss) per share - diluted (in usd per share) 0.46 (0.40) 1.03 0.06
Dividends paid per share (in usd per share) $ 0.19 $ 0.18 $ 0.38 $ 0.36