Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jan. 31, 2012	Jul. 31, 2011
Assets
Cash and cash equivalents	$ 180,930	$ 273,494
Short-term investments	91,385
Accounts receivable, less allowance of $6,671 and $6,908	408,462	445,700
Inventories	270,212	271,476
Prepaids and other current assets	78,697	75,912
Total current assets	1,029,686	1,066,582
Property, plant and equipment, at cost	944,494	945,874
Less accumulated depreciation	(561,537)	(554,372)
Property, plant and equipment, net	382,957	391,502
Goodwill	165,745	171,741
Intangible assets, net	49,543	53,496
Other assets	53,458	42,772
Total assets	1,681,389	1,726,093
Liabilities and shareholders' equity
Short-term borrowings	92,728	13,129
Current maturities of long-term debt	2,356	47,871
Trade accounts payable	190,076	215,918
Other current liabilities	176,030	219,326
Total current liabilities	461,190	496,244
Long-term debt	205,217	205,748
Deferred income taxes	8,000	11,196
Other long-term liabilities	91,569	78,194
Total liabilities	765,976	791,382
Shareholders' equity
Preferred stock, $1.00 par value, 1,000,000 shares authorized, none issued
Common stock, $5.00 par value, 240,000,000 shares authorized, 88,643,194 shares issued	443,216	443,216
Retained earnings	1,027,986	925,542
Stock compensation plans	23,966	24,736
Accumulated other comprehensive income (loss)	(27,988)	40,027
Treasury stock at cost, 14,089,307 and 13,245,864 shares at January 31, 2012 and July 31, 2011, respectively	(551,767)	(498,810)
Total shareholders' equity	915,413	934,711
Total liabilities and shareholders' equity	$ 1,681,389	$ 1,726,093