CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jul. 31, 2022	Jul. 31, 2021
Current assets:
Cash and cash equivalents	$ 193.3	$ 222.8
Accounts receivable, less allowances of $7.6 and $7.0, respectively	616.6	552.7
Inventories, net	502.4	384.5
Prepaid expenses and other current assets	94.2	84.0
Total current assets	1,406.5	1,244.0
Property, plant and equipment, net	594.4	617.8
Goodwill	345.8	322.5
Intangible assets, net	99.8	61.6
Other long-term assets	153.8	154.3
Total assets	2,600.3	2,400.2
Current liabilities:
Short-term borrowings	3.7	48.5
Accounts payable	338.5	293.9
Accrued employee compensation and related taxes	113.8	126.8
Income taxes payable	31.8	17.7
Dividend payable	28.3	27.6
Other current liabilities	113.5	92.1
Total current liabilities	629.6	606.6
Long-term debt	644.3	461.0
Non-current income taxes payable	69.4	80.7
Deferred income taxes	32.7	26.6
Other long-term liabilities	91.1	88.2
Total liabilities	1,467.1	1,263.1
Commitments and contingencies (Note 18)
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	13.7	5.8
Retained earnings	1,830.4	1,608.4
Stock-based compensation plans	18.6	12.8
Accumulated other comprehensive loss	(205.6)	(118.2)
Treasury stock, 29,089,612 and 26,620,560 shares, respectively, at cost	(1,282.1)	(1,129.9)
Total stockholders’ equity	1,133.2	1,137.1
Total liabilities and stockholders’ equity	$ 2,600.3	$ 2,400.2