Guarantees	12 Months Ended
Jul. 31, 2016
Product Warranties Disclosures [Abstract]
Guarantees	Guarantees The Company and Caterpillar Inc. equally own the shares of AFSI, an unconsolidated joint venture, and guarantee certain debt of the joint venture. As of July 31, 2016, the joint venture had $24.8 million of outstanding debt, of which the Company guarantees half. In addition, during years ended July 31, 2016, 2015 and 2014, the Company recorded its equity in earnings (loss) of this equity method investment of $(0.7) million, $2.3 million, and $3.7 million and royalty income of $5.1 million, $5.8 million, and $6.8 million, respectively, related to AFSI. At July 31, 2016 and 2015, the Company had a contingent liability for standby letters of credit totaling $7.3 million and $7.8 million, respectively, which have been issued and are outstanding. The letters of credit guarantee payment to third parties in the event the Company is in breach of a specified bond financing agreement and insurance contract terms, as detailed in each letter of credit. At July 31, 2016 and 2015, there were no amounts drawn upon these letters of credit.

Guarantees

12 Months Ended

Jul. 31, 2016

Product Warranties Disclosures [Abstract]

The Company and Caterpillar Inc. equally own the shares of AFSI, an unconsolidated joint venture, and guarantee certain debt of the joint venture. As of July 31, 2016, the joint venture had $24.8 million of outstanding debt, of which the Company guarantees half. In addition, during years ended July 31, 2016, 2015 and 2014, the Company recorded its equity in earnings (loss) of this equity method investment of $(0.7) million, $2.3 million, and $3.7 million and royalty income of $5.1 million, $5.8 million, and $6.8 million, respectively, related to AFSI.

At July 31, 2016 and 2015, the Company had a contingent liability for standby letters of credit totaling $7.3 million and $7.8 million, respectively, which have been issued and are outstanding. The letters of credit guarantee payment to third parties in the event the Company is in breach of a specified bond financing agreement and insurance contract terms, as detailed in each letter of credit. At July 31, 2016 and 2015, there were no amounts drawn upon these letters of credit.