Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Apr. 30, 2014	Jul. 31, 2013
Current assets
Cash and cash equivalents	$ 238,222	$ 224,138
Short-term investments	152,544	99,750
Accounts receivable, less allowance of $7,100 and $7,040	453,151	430,766
Inventories	254,213	234,820
Prepaids and other current assets	69,465	66,188
Total current assets	1,167,595	1,055,662
Property, plant, and equipment, at cost	1,091,111	1,025,013
Less accumulated depreciation	(650,114)	(605,733)
Property, plant, and equipment, net	440,997	419,280
Goodwill	168,144	165,568
Intangible assets, net	37,508	41,307
Other assets and deferred taxes	83,757	61,739
Total assets	1,898,001	1,743,556
Current liabilities
Short-term borrowings	65,557	9,190
Current maturities of long-term debt	17,729	98,664
Trade accounts payable	192,631	186,460
Other current liabilities	183,155	182,121
Total current liabilities	459,072	476,435
Long-term debt	227,751	102,774
Deferred income taxes	31,876	23,604
Other long-term liabilities	53,139	55,556
Total liabilities	771,838	658,369
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	758,216
Retained earnings	675,386	532,307
Stock compensation plans	19,194	21,745
Accumulated other comprehensive loss	(5,360)	(37,473)
Treasury stock at cost, 6,468,944 and 5,490,725 shares	(321,273)	(189,608)
Total shareholders' equity	1,126,163	1,085,187
Total liabilities and shareholders' equity	$ 1,898,001	$ 1,743,556