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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Operating Activities    
Net earnings $ 129.5 $ 133.9
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 42.8 39.2
Deferred income taxes 2.5 4.9
Stock-based compensation expense 10.2 10.6
Other, net 10.5 (2.1)
Changes in operating assets and liabilities, excluding effect of acquired business (18.7) (43.7)
Net cash provided by operating activities 176.8 142.8
Investing Activities    
Net expenditures on property, plant and equipment (79.7) (67.1)
Acquisitions, net of cash acquired 0.0 (96.0)
Net cash used in investing activities (79.7) (163.1)
Financing Activities    
Proceeds from long-term debt 122.7 145.0
Repayments of long-term debt (111.1) (24.6)
Change in short-term borrowings 32.2 22.6
Purchase of treasury stock (65.0) (102.0)
Dividends paid (53.2) (48.7)
Tax withholding payments for stock compensation transactions (6.0) (3.6)
Exercise of stock options 17.4 17.3
Net cash (used in) provided by financing activities (63.0) 6.0
Effect of exchange rate changes on cash (0.8) 0.8
Increase (decrease) in cash and cash equivalents 33.3 (13.5)
Cash and cash equivalents, beginning of period 177.8 204.7
Cash and cash equivalents, end of period 211.1 191.2
Supplemental Cash Flow Information [Abstract]    
Income taxes 45.3 54.4
Interest 9.4 8.9
Accrued property, plant and equipment additions $ 12.5 $ 17.5