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Guarantees (Tables)
6 Months Ended
Jan. 31, 2021
Guarantees [Abstract]  
Guarantor obligations
The outstanding debt relating to the joint venture and the contingent liability for standby letters of credit relating to the Company are as follows (in millions):
January 31,
2021
July 31,
2020
Outstanding debt (the Company guarantees half)$33.7 $40.0 
Contingent liability for standby letters of credit$7.7 $7.5 
Amounts drawn for letters of credit$— $— 
Joint venture items
Items relating to the Company’s joint venture in AFSI are as follows (in millions):
Three Months Ended January 31,Six Months Ended
January 31,
2021202020212020
Investment earnings from AFSI$0.2 $0.3 $0.5 $0.4 
Royalty income from AFSI$1.7 $1.7 $3.2 $3.6