Summary Of Significant Accounting Policies (Tables)

12 Months Ended

Jul. 31, 2012

Summary Of Significant Accounting Policies [Abstract]

Components Of Inventory

	At July 31,
	2012		2011
Materials	$	111,808	$	110,466
Work in process		30,767		33,917
Finished products		113,541		127,093
Total inventories	$	256,116	$	271,476

Components Of Property, Plant And Equipment

	At July 31,
	2012			2011
Land	$	21,062		$	22,578
Buildings		258,082			266,482
Machinery and equipment		643,199			625,439
Construction in progress		27,276			31,375
Less accumulated depreciation		(564,710	)		(554,372	)
Total property, plant and equipment, net	$	384,909		$	391,502

Components Of Accumulated Other Comprehensive Income (Loss)

	At July 31,
	2012			2011			2010
Foreign currency translation adjustment	$	32,976		$	131,699		$	59,194
Net gain (loss) on cash flow hedging derivatives, net of deferred taxes		(292	)		380			(462	)
Pension and postretirement liability adjustment, net of deferred taxes		(134,572	)		(92,052	)		(99,218	)
Total accumulated other comprehensive income (loss)	$	(101,888	)	$	40,027		$	(40,486	)

Calculation Of Basic And Diluted Earnings Per Share

	2012		2011		2010
	(thousands of dollars, except per share amounts)
Weighted average shares - basic		150,286		154,393		155,697
Diluted share equivalents		2,655		2,804		2,659
Weighted average shares - diluted		152,941		157,197		158,356
Net earnings for basic and diluted earnings per share computation	$	264,301	$	225,291	$	166,163
Net earnings per share - basic	$	1.76	$	1.46	$	1.07
Net earnings per share - diluted	$	1.73	$	1.43	$	1.05