Goodwill and Intangible Assets (Tables)

6 Months Ended

Jan. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Reconciliation of goodwill

The following is a reconciliation of goodwill by reportable segment for the six months ended January 31, 2020 (in millions):

	Engine Products			Industrial Products		Total
Balance as of July 31, 2019	$	84.5		$	218.6	$	303.1
Goodwill acquired	—			—		—
Currency translation	(0.1		)	5.5		5.4
Balance as of January 31, 2020	$	84.4		$	224.1	$	308.5

Schedule of finite-lived intangible assets

The following table summarizes the net intangible asset classes as of January 31, 2020 (in millions):

	Gross Carrying Amount		Accumulated Amortization			Total
Customer relationships	$	104.0	$	(46.6	)	$	57.4
Patents, trademarks and technology	22.9		(10.6		)	12.3
Total intangible assets, net	$	126.9	$	(57.2	)	$	69.7

The following table summarizes the net intangible asset classes as of July 31, 2019 (in millions):

	Gross Carrying Amount		Accumulated Amortization			Total
Customer relationships	$	101.5	$	(43.3	)	$	58.2
Patents, trademarks and technology	22.3		(9.6		)	12.7
Total intangible assets, net	$	123.8	$	(52.9	)	$	70.9