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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Operating Activities    
Net earnings $ 194.9 $ 190.8
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 50.5 48.9
Deferred income taxes (13.3) (10.3)
Stock-based compensation expense 16.4 14.5
Other, net 0.6 1.4
Changes in operating assets and liabilities (85.8) (20.3)
Net cash provided by operating activities 163.3 225.0
Investing Activities    
Purchases of property, plant and equipment (43.9) (44.5)
Equity investment (71.2) 0.0
Net cash used in investing activities (115.1) (44.5)
Financing Activities    
Proceeds from long-term debt 55.0 35.0
Repayments of long-term debt (20.0) (88.7)
Change in short-term borrowings 10.7 16.3
Purchase of treasury stock (81.6) (86.6)
Payment of contingent consideration (1.8) 0.0
Dividends paid (64.6) (60.3)
Exercise of stock options and other 13.8 12.6
Net cash used in financing activities (88.5) (171.7)
Effect of exchange rate changes on cash (3.3) (2.1)
(Decrease) increase in cash and cash equivalents (43.6) 6.7
Cash and cash equivalents, beginning of period 232.7 187.1
Cash and cash equivalents, end of period 189.1 193.8
Supplemental Cash Flow Information    
Income taxes paid 83.5 85.1
Interest paid 11.1 11.3
Supplemental Disclosure of Non-Cash Operating and Investing Transactions    
Accrued property, plant and equipment additions 12.6 14.5
Leased assets obtained in exchange for new operating lease liabilities $ 17.1 $ 8.2