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Segment Reporting
 12 Months Ended
Jul. 31, 2020
Segment Reporting, Measurement Disclosures [Abstract]  
Segment Reporting Segment Reporting
The Company has identified two reportable segments: Engine Products and Industrial Products. Segment determination is based on the internal organization structure, management of operations and performance evaluation by management and the Company’s Board of Directors.
The Engine Products segment sells to OEMs in the construction, mining, agriculture, aerospace, defense and truck end markets and to independent distributors, OEM dealer networks, private label accounts and large equipment fleets. Products include replacement filters for both air and liquid filtration applications, air filtration systems, liquid filtration systems for fuel, lube and hydraulic applications, and exhaust and emissions systems and sensors, indicators and monitoring systems.
The Industrial Products segment sells to various dealers, distributors, OEMs of gas-fired turbines and OEMs and end users requiring clean air filtration solutions and replacement filters. Products include dust, fume and mist collectors, compressed air purification systems, air filtration systems for gas turbines, polytetrafluoroethylene (PTFE) membrane-based products and specialized air and gas filtration systems for applications including hard disk drives and semi-conductor manufacturing and sensors, indicators and monitoring systems.
Corporate and Unallocated includes corporate expenses determined to be non-allocable to the segments, such as interest expense.
The Company has manufacturing facilities that serve both of its reportable segments. As such, asset and capital expenditure information by reportable segment has not been provided, since the Company does not produce or utilize such information internally. In addition, although depreciation and amortization expense is a component of each reportable segment’s operating results, it is not discretely identifiable.
The Company is an integrated enterprise, characterized by substantial intersegment cooperation, cost allocations and sharing of assets. Therefore, the Company does not represent that these segments, if operated independently, would report the earnings before income taxes and other financial information shown below.
Segment detail is summarized as follows (in millions):
Engine
Products		Industrial
Products		Corporate and
Unallocated		Total
Company
Fiscal 2020
Net sales$1,727.5 $854.3 $— $2,581.8 
Equity earnings in unconsolidated affiliates4.7 0.5 — 5.2 
Earnings (loss) before income taxes229.3 124.9 (19.0)335.2 
Equity investments in unconsolidated affiliates21.7 — — 21.7 
Fiscal 2019    
Net sales$1,926.0 $918.9 $— $2,844.9 
Equity earnings in unconsolidated affiliates2.1 0.1 — 2.2 
Earnings (loss) before income taxes254.6 140.1 (19.5)375.2 
Equity investments in unconsolidated affiliates19.0 4.0 — 23.0 
Fiscal 2018    
Net sales$1,849.0 $885.2 $— $2,734.2 
Equity earnings (loss) in unconsolidated affiliates3.7 (0.1)— 3.6 
Earnings (loss) before income taxes258.8 135.5 (30.7)363.6 
Equity investments in unconsolidated affiliates17.8 3.9 — 21.7 
Net sales by product group within the Engine Products segment and Industrial Products segment is summarized as follows (in millions):
Year Ended July 31,
202020192018
Engine Products segment:
Off-Road$256.5 $315.1 $327.4 
On-Road124.4 179.8 154.2 
Aftermarket1,228.9 1,315.3 1,261.9 
Aerospace and Defense117.7 115.8 105.5 
Total Engine Products segment1,727.5 1,926.0 1,849.0 
Industrial Products segment:
Industrial Filtration Solutions581.2 641.8 594.3 
Gas Turbine Systems101.6 106.3 115.5 
Special Applications171.5 170.8 175.4 
Total Industrial Products segment854.3 918.9 885.2 
Total net sales$2,581.8 $2,844.9 $2,734.2 
Net sales by origination and property, plant and equipment by geographic region are summarized as follows (in millions):
Net Sales (1)
Property, Plant and Equipment, Net
Fiscal 2020
United States$1,059.9 $229.0 
Europe, Middle East and Africa760.2 229.4 
Asia Pacific553.2 59.8 
Latin America208.5 113.4 
Total$2,581.8 $631.6 
Fiscal 2019    
United States$1,192.6 $231.0 
Europe, Middle East and Africa826.8 199.1 
Asia Pacific597.9 50.2 
Latin America227.6 108.6 
Total$2,844.9 $588.9 
Fiscal 2018    
United States$1,120.8 $188.1 
Europe, Middle East and Africa791.5 181.1 
Asia Pacific599.2 53.4 
Latin America222.7 86.7 
Total$2,734.2 $509.3 
(1)Net sales by origination is generally based on the country of the Company’s legal entity where the customer’s order was placed.
Concentrations There were no customers that accounted for over 10% of net sales during the years ended July 31, 2020, 2019 or 2018. There were no customers that accounted for over 10% of gross accounts receivable at July 31, 2020 or 2019.