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Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Jul. 31, 2017
Income Statement [Abstract]      
Net sales $ 2,844.9 $ 2,734.2 $ 2,371.9
Cost of sales 1,896.6 1,798.4 1,551.0
Gross profit 948.3 935.8 820.9
Selling, general and administrative 497.8 498.9 442.6
Research and development 62.3 59.9 54.7
Operating income 388.2 377.0 323.6
Interest expense 19.9 21.3 19.5
Other income, net (6.9) (7.9) (17.9)
Earnings before income taxes 375.2 363.6 322.0
Income taxes 108.0 183.3 89.2
Net earnings $ 267.2 $ 180.3 $ 232.8
Weighted average shares – basic (in shares) 128.3 130.3 132.6
Weighted average shares – diluted (in shares) 130.3 132.2 134.1
Net earnings per share – basic (in dollars per share) $ 2.08 $ 1.38 $ 1.76
Net earnings per share – diluted (in dollars per share) $ 2.05 $ 1.36 $ 1.74