Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Apr. 30, 2012	Jul. 31, 2011
Assets
Cash and cash equivalents	$ 189,020	$ 273,494
Short-term investments	119,026
Accounts receivable, less allowance of $6,891 and $6,908	453,488	445,700
Inventories	265,461	271,476
Prepaids and other current assets	72,781	75,912
Total current assets	1,099,776	1,066,582
Property, plant and equipment, at cost	964,745	945,874
Less accumulated depreciation	(573,960)	(554,372)
Property, plant and equipment, net	390,785	391,502
Goodwill	166,603	171,741
Intangible assets, net	48,252	53,496
Other assets	48,857	42,772
Total assets	1,754,273	1,726,093
Liabilities and shareholders' equity
Short-term borrowings	83,623	13,129
Current maturities of long-term debt	2,311	47,871
Trade accounts payable	204,491	215,918
Other current liabilities	185,228	219,326
Total current liabilities	475,653	496,244
Long-term debt	203,646	205,748
Deferred income taxes	13,139	11,196
Other long-term liabilities	63,923	78,194
Total liabilities	756,361	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, 151,643,194 shares issued	758,216	443,216
Retained earnings	323,216	925,542
Stock compensation plans	24,566	24,736
Accumulated other comprehensive income (loss)	(13,937)	40,027
Treasury stock at cost, 2,585,158 and 13,245,864 shares at April 30, 2012 and July 31, 2011, respectively	(94,149)	(498,810)
Total shareholders' equity	997,912	934,711
Total liabilities and shareholders' equity	$ 1,754,273	$ 1,726,093