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Earnings Per Share (Tables)
12 Months Ended
Jul. 31, 2016
Earnings Per Share [Abstract]  
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