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Accumulated Other Comprehensive Loss
6 Months Ended
Jan. 31, 2016
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Changes in accumulated other comprehensive loss by component are as follows (millions of dollars):
 
Foreign
currency
translation
adjustment (a)
 
Pension
benefits
 
Derivative
financial
instruments
 
Total
Balance as of July 31, 2015, net of tax
$
(70.8
)
 
$
(90.6
)
 
$
(0.6
)
 
$
(162.0
)
Other comprehensive (loss) income before reclassifications and tax
(29.4
)
 
(38.8
)
 
(0.4
)
 
(68.6
)
Tax benefit (expense)

 
14.1

 
0.1

 
14.2

Other comprehensive (loss) income before reclassifications, net of tax
(29.4
)
 
(24.7
)
 
(0.3
)
 
(54.4
)
Reclassifications, before tax

 
10.8

 
(0.5
)
 
10.3

Tax benefit (expense)

 
(3.4
)
 
0.1

 
(3.3
)
Reclassifications, net of tax

 
7.4

 (b)
(0.4
)
 (c)
7.0

Other comprehensive (loss) income, net of tax
(29.4
)
 
(17.3
)
 
(0.7
)
 
(47.4
)
Balance at January 31, 2016, net of tax
$
(100.2
)
 
$
(107.9
)
 
$
(1.3
)
 
$
(209.4
)
 
 
 
 
 
 
 
 
Balance as of July 31, 2014, net of tax
$
48.3

 
$
(94.0
)
 
$
(0.1
)
 
$
(45.8
)
Other comprehensive (loss) income before reclassifications and tax
(96.5
)
 
11.8

 
2.0

 
(82.7
)
Tax benefit (expense)

 
(2.5
)
 
(0.7
)
 
(3.2
)
Other comprehensive (loss) income before reclassifications, net of tax
(96.5
)
 
9.3

 
1.3

 
(85.9
)
Reclassifications, before tax

 
4.8

 
(0.1
)
 
4.7

Tax benefit (expense)

 
(1.9
)
 

 
(1.9
)
Reclassifications, net of tax

 
2.9

 (b)
(0.1
)
 (c)
2.8

Other comprehensive (loss) income, net of tax
(96.5
)
 
12.2

 
1.2

 
(83.1
)
Balance at January 31, 2015, net of tax
$
(48.2
)
 
$
(81.8
)
 
$
1.1

 
$
(128.9
)

(a)
Taxes are not provided on cumulative translation adjustments as substantially all translation adjustments relate to earnings that are intended to be indefinitely reinvested outside the U.S.
(b)
Primarily includes net amortization of prior service costs and actuarial losses included in net periodic benefit cost (see Note K) that were reclassified from accumulated other comprehensive loss to operating expenses or cost of sales.
(c)
Relates to foreign currency cash flow hedges that were reclassified from accumulated other comprehensive loss to other income, net.