CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jan. 31, 2022	Jul. 31, 2021
Current assets:
Cash and cash equivalents	$ 170.4	$ 222.8
Accounts receivable, less allowances of $5.6 and $7.0, respectively	553.4	552.7
Inventories, net	480.7	384.5
Prepaid expenses and other current assets	109.7	84.0
Total current assets	1,314.2	1,244.0
Property, plant and equipment, net	601.0	617.8
Goodwill	344.3	322.5
Intangible assets, net	79.4	61.6
Other long-term assets	152.4	154.3
Total assets	2,491.3	2,400.2
Current liabilities:
Short-term borrowings	63.9	48.5
Accounts payable	324.5	293.9
Accrued employee compensation and related taxes	89.6	126.8
Income taxes payable	28.9	17.7
Dividend payable	27.3	27.6
Other current liabilities	104.3	92.1
Total current liabilities	638.5	606.6
Long-term debt	553.9	461.0
Non-current income taxes payable	74.4	80.7
Deferred income taxes	30.6	26.6
Other long-term liabilities	77.1	88.2
Total liabilities	1,374.5	1,263.1
Stockholders’ equity:
Preferred stock, $1.00 par value, 1,000,000 shares authorized, none issued	0.0	0.0
Common stock, $5.00 par value, 240,000,000 shares authorized, 151,643,194 shares issued	758.2	758.2
Additional paid-in capital	12.0	5.8
Retained earnings	1,702.5	1,608.4
Stock-based compensation plans	15.5	12.8
Accumulated other comprehensive loss	(140.1)	(118.2)
Treasury stock, 28,097,776 and 26,620,560 shares, respectively, at cost	(1,231.3)	(1,129.9)
Total stockholders’ equity	1,116.8	1,137.1
Total liabilities and stockholders’ equity	$ 2,491.3	$ 2,400.2