Goodwill and Intangible Assets (Tables)

3 Months Ended

Oct. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Reconciliation of goodwill

Goodwill by reportable segment for the three months ended October 31, 2020 is as follows (in millions):

	Engine Products		Industrial Products		Total
Balance as of July 31, 2020	$	84.8	$	232.0	$	316.8
Goodwill acquired	—		—		—
Currency translation	(0.2)		(1.6)		(1.8)
Balance as of October 31, 2020	$	84.6	$	230.4	$	315.0

Schedule of finite-lived intangible assets

Intangible asset classes as of October 31, 2020 are as follows (in millions):

	Gross Carrying Amount		Accumulated Amortization		Total
Customer relationships	$	104.5	$	(51.4)	$	53.1
Patents, trademarks and technology	23.8		(12.1)		11.7
Total intangible assets, net	$	128.3	$	(63.5)	$	64.8

Intangible asset classes as of July 31, 2020 are as follows (in millions):

	Gross Carrying Amount		Accumulated Amortization		Total
Customer relationships	$	105.2	$	(50.0)	$	55.2
Patents, trademarks and technology	23.7		(11.6)		12.1
Total intangible assets, net	$	128.9	$	(61.6)	$	67.3