Revenue (Tables)

12 Months Ended

Jul. 31, 2019

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Net sales disaggregated by geography based on the location where the customer’s order was placed (in millions):

	Year Ended July 31,
	2019		2018		2017
United States	$	1,192.6	$	1,120.8	$	990.4
Europe, Middle East and Africa	826.8		791.5		679.1
Asia Pacific	597.9		599.2		500.5
Latin America	227.6		222.7		201.9
Total net sales	$	2,844.9	$	2,734.2	$	2,371.9

Net sales disaggregated by product group (in millions):

	Year Ended July 31,
	2019		2018		2017
Engine Products segment
Off-Road	$	315.1	$	327.4	$	252.1
On-Road	179.8		154.2		110.7
Aftermarket	1,315.3		1,261.9		1,086.2
Aerospace and Defense	115.8		105.5		104.3
Engine Products segment net sales	1,926.0		1,849.0		1,553.3
Industrial Products segment
Industrial Filtration Solutions	641.8		594.3		533.2
Gas Turbine Systems	106.3		115.5		122.9
Special Applications	170.8		175.4		162.5
Industrial Products segment net sales	918.9		885.2		818.6
Total net sales	$	2,844.9	$	2,734.2	$	2,371.9

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

Note 1 describes the requirements of the new revenue recognition standard, ASC 606. The cumulative effect of the adoption on the Company’s August 1, 2018 opening balance sheet is as follows (in millions):

	Balance at July 31, 2018		Adjustments for ASC 606			Balance at August 1, 2018
Assets
Inventories, net	$	334.1	$	(7.3	)	$	326.8
Prepaid expense and other current assets	52.3		14.0			66.3
Liabilities
Other current liabilities	86.6		0.3			86.9
Deferred income taxes	4.2		1.1			5.3
Equity
Retained earnings	1,122.1		5.3			1,127.4