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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Operating Activities    
Net earnings $ 252.7 $ 304.3
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 75.1 73.5
Deferred income taxes (19.2) (16.6)
Stock-based compensation expense 20.1 18.3
Loss on impairment of intangible assets 62.0 0.0
Other, net (10.6) 2.0
Changes in operating assets and liabilities (129.1) (15.0)
Net cash provided by operating activities 251.0 366.5
Investing Activities    
Purchases of property, plant and equipment (58.6) (65.8)
Equity investment (71.2) 0.0
Acquisitions, net of cash acquired 0.0 (2.0)
Net cash used in investing activities (129.8) (67.8)
Financing Activities    
Proceeds from long-term debt 190.0 119.7
Repayments of long-term debt (65.0) (228.8)
Change in short-term borrowings 54.1 15.9
Purchase of treasury stock (272.2) (113.8)
Payment of contingent consideration (2.8) (1.7)
Dividends paid (96.9) (90.3)
Exercise of stock options and other 17.4 41.5
Net cash used in financing activities (175.4) (257.5)
Effect of exchange rate changes on cash 0.0 (4.6)
(Decrease) increase in cash and cash equivalents (54.2) 36.6
Cash and cash equivalents, beginning of period 232.7 187.1
Cash and cash equivalents, end of period 178.5 223.7
Supplemental Cash Flow Information    
Income taxes paid 134.9 115.1
Interest paid 14.7 17.8
Supplemental Disclosure of Non-Cash Operating and Investing Transactions    
Accrued property, plant and equipment additions 13.0 12.0
Leased assets obtained in exchange for new operating lease liabilities $ 21.6 $ 16.3