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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Non- Controlling Interest
Stock Compensation Plans
Accumulated Other Comprehensive Loss
Treasury Stock
Beginning Balance at Jul. 31, 2017 $ 854.5 $ 758.2 $ 0.0 $ 1,041.2 $ 4.4 $ 15.7 $ (157.0) $ (808.0)
Comprehensive income                
Net earnings 180.3     180.3        
Foreign currency translation (7.3)           (7.3)  
Pension liability adjustment, net of deferred taxes 12.2           12.2  
Gain on hedging derivatives, net of deferred taxes 2.3           2.3  
Comprehensive income 187.5              
Treasury stock acquired (122.0)             (122.0)
Stock options exercised 18.9     (9.3)       28.2
Stock compensation expense 16.7     8.7   7.5   0.5
Deferred stock and other activity (2.1)     (3.1) 0.4 (1.9)   2.5
Dividends (95.7)     (95.7)        
Ending Balance at Jul. 31, 2018 857.8 758.2 0.0 1,122.1 4.8 21.3 (149.8) (898.8)
Comprehensive income                
Net earnings 267.2     267.2        
Foreign currency translation (26.6)           (26.6)  
Pension liability adjustment, net of deferred taxes (16.1)           (16.1)  
Gain (loss) on hedging derivatives, net of deferred taxes (0.5)           (0.5)  
Reclassification of loss on hedging derivatives to net income 0.1           0.1  
Comprehensive income 224.1              
Treasury stock acquired (129.2)             (129.2)
Stock options exercised 25.0     (17.2)       42.2
Stock compensation expense 15.0     10.9   3.8   0.3
Deferred stock and other activity 2.0     0.5 0.6 (3.4)   4.3
Dividends (102.0)     (102.0)        
Ending Balance at Jul. 31, 2019 892.7 758.2 0.0 1,281.5 5.4 21.7 (192.9) (981.2)
Comprehensive income                
Net earnings 257.0     257.0        
Foreign currency translation 18.7           18.7  
Pension liability adjustment, net of deferred taxes (11.0)           (11.0)  
Gain (loss) on hedging derivatives, net of deferred taxes 0.6           0.6  
Reclassification of loss on hedging derivatives to net income 0.6           0.6  
Comprehensive income 265.9              
Treasury stock acquired (94.3)             (94.3)
Stock options exercised 24.9     (9.1)       34.0
Stock compensation expense 15.2     11.9   3.4   (0.1)
Deferred stock and other activity (5.4)     (5.2) 0.4 (9.2)   8.6
Dividends (106.1)     (106.1)        
Ending Balance at Jul. 31, 2020 $ 992.9 $ 758.2 $ 0.0 $ 1,430.0 $ 5.8 $ 15.9 $ (184.0) $ (1,033.0)