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Condensed Consolidated Statements Of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 31, 2016
Jul. 31, 2015
Jul. 31, 2014
Income Statement [Abstract]      
Net sales $ 2,220.3 $ 2,371.2 $ 2,473.5
Cost of sales 1,465.5 1,562.6 1,595.7
Gross profit 754.8 808.6 877.8
Selling, general and administrative 425.1 460.1 460.3
Research and development 55.5 60.2 61.8
Operating income 274.2 288.3 355.7
Other income, net (3.9) (15.5) (15.2)
Interest expense 20.7 15.2 10.2
Earnings before income taxes 257.4 288.6 360.7
Earnings before income taxes 66.6 80.5 100.5
Net earnings $ 190.8 $ 208.1 $ 260.2
Weighted average common shares – basic (in shares) 133.8 137.8 145.6
Weighted average common shares – diluted (in shares) 134.8 139.4 147.6
Net earnings per share – basic (in dollars per share) $ 1.43 $ 1.51 $ 1.79
Net earnings per share – diluted (in dollars per share) 1.42 1.49 1.76
Dividends declared per share (in dollars per share) $ 0.690 $ 0.670 $ 0.610