Summary Of Significant Accounting Policies (Tables)

12 Months Ended

Jul. 31, 2016

Accounting Policies [Abstract]

Schedule of Inventory, Current

The components of inventory are as follows (in millions):

	July 31,
	2016		2015
Raw materials	$	92.5	$	113.4
Work in process	18.4		22.6
Finished products	123.2		129.0
Total inventories	$	234.1	$	265.0

Property, Plant and Equipment

The components of property, plant and equipment are as follows (in millions):

	July 31,
	2016			2015
Land	$	20.0		$	20.0
Buildings	280.4			272.6
Machinery and equipment	810.9			783.1
Construction in progress	39.3			52.4
Less: accumulated depreciation	(680.8		)	(657.5		)
Net property, plant and equipment	$	469.8		$	470.6

Schedule Of Information Necessary To Calculate Basic And Diluted Net Earnings Per Common Share

The following table presents the information necessary to calculate basic and diluted earnings per share (in millions, except per share amounts):

	Year Ended July 31,
	2016		2015		2014
Weighted average common shares – basic	133.8		137.8		145.6
Diluted share equivalents	1.0		1.6		2.0
Weighted average common shares – diluted	134.8		139.4		147.6
Net earnings for basic and diluted earnings per share computation	$	190.8	$	208.1	$	260.2
Net earnings per share:
Basic	$	1.43	$	1.51	$	1.79
Diluted	$	1.42	$	1.49	$	1.76