Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jul. 31, 2012	Jul. 31, 2011
Assets
Cash and cash equivalents	$ 225,789	$ 273,494
Short-term investments	92,362
Accounts receivable, less allowance of $6,418 and $6,908	438,796	445,700
Inventories, net	256,116	271,476
Deferred income taxes	25,158	29,805
Prepaids and other current assets	47,441	46,107
Total current assets	1,085,662	1,066,582
Property, plant and equipment, net	384,909	391,502
Goodwill	162,949	171,741
Intangible assets, net	46,200	53,496
Other assets	50,362	42,772
Total assets	1,730,082	1,726,093
Liabilities and shareholders' equity
Short-term borrowings	95,147	13,129
Current maturities of long-term debt	2,346	47,871
Trade accounts payable	199,182	215,918
Accrued employee compensation and related taxes	80,550	86,974
Accrued liabilities	49,242	64,008
Other current liabilities	72,056	68,344
Total current liabilities	498,523	496,244
Long-term debt	203,483	205,748
Deferred income taxes	4,611	11,196
Other long-term liabilities	113,451	78,194
Total liabilities	820,068	791,382
Commitments and contingencies (Note O)
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 and 88,643,194 shares issued in 2012 and 2011, respectively	758,216	443,216
Retained earnings	366,788	925,542
Stock compensation plans	24,948	24,736
Accumulated other comprehensive income (loss)	(101,888)	40,027
Treasury stock at cost, 3,980,832 and 13,245,864 shares in 2012 and 2011, at cost	(138,050)	(498,810)
Total shareholders' equity	910,014	934,711
Total liabilities and shareholders' equity	$ 1,730,082	$ 1,726,093