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Employee Benefit Plans (Tables)
12 Months Ended
Jul. 31, 2016
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Benefit Costs
Net periodic pension costs and amounts recognized in other comprehensive income for the Company’s pension plans include the following components (in millions):
 
 
Year Ended July 31,
 
 
2016
 
2015
 
2014
Service cost
 
$
18.4

 
$
20.4

 
$
18.8

Interest cost
 
18.9

 
19.1

 
19.5

Expected return on assets
 
(28.8
)
 
(29.5
)
 
(30.8
)
Prior service cost and transition amortization
 
0.8

 
0.6

 
0.6

Actuarial loss amortization
 
8.5

 
7.1

 
7.4

Settlement loss
 

 
3.9

 

Net periodic benefit cost
 
17.8

 
21.6

 
15.5

Other changes recognized in other comprehensive income
 
 
 
 
 
 
Net actuarial loss
 
53.6

 
3.5

 
15.2

Amortization of asset obligations
 
(0.4
)
 
(0.2
)
 
(0.2
)
Amortization of prior service cost
 
(0.4
)
 
(0.4
)
 
(0.4
)
Amortization of net actuarial loss
 
(8.5
)
 
(11.0
)
 
(7.4
)
Total recognized in other comprehensive income
 
44.3

 
(8.1
)
 
7.2

Total recognized in net periodic benefit costs and other comprehensive income
 
$
62.1

 
$
13.5

 
$
22.7

Schedule of Net Funded Status
The changes in projected benefit obligations, fair value of plan assets and funded status of the Company’s pension plans for the years ended July 31, 2016 and 2015 are summarized as follows (in millions):
 
 
Year Ended July 31,
 
 
2016
 
2015
Change in projected benefit obligation:
 
 
 
 
Projected benefit obligation, beginning of year
 
$
498.7

 
$
498.7

Service cost
 
18.4

 
20.4

Interest cost
 
18.9

 
19.1

Participant contributions
 
1.0

 
1.2

Actuarial loss
 
50.0

 
13.1

Currency exchange rates
 
(17.2
)
 
(18.2
)
Settlement
 

 
(9.2
)
Benefits paid
 
(32.5
)
 
(26.4
)
Projected benefit obligation, end of year
 
$
537.3

 
$
498.7

Change in fair value of plan assets:
 
 
 
 
Fair value of plan assets, beginning of year
 
$
478.5

 
$
489.9

Actual return on plan assets
 
22.2

 
35.0

Company contributions
 
4.2

 
5.5

Participant contributions
 
1.0

 
1.2

Currency exchange rates
 
(17.9
)
 
(17.5
)
Settlement
 

 
(9.2
)
Benefits paid
 
(32.5
)
 
(26.4
)
Fair value of plan assets, end of year
 
$
455.5

 
$
478.5

Funded status:
 
 
 
 
Projected benefit obligation in excess of plan assets at end of fiscal year
 
$
(81.8
)
 
$
(20.2
)
 
 
 
 
 
Amounts recognized on the consolidated balance sheets consist of:
 
 
 
 
Other long-term assets
 
$
1.4

 
$
10.3

Other current liabilities
 
(1.5
)
 
(2.9
)
Other long-term liabilities
 
(81.7
)
 
(27.6
)
Net recognized liability
 
$
(81.8
)
 
$
(20.2
)
Weighted-Average Discount Rates In Determining Actuarial Present Value Of Projected Benefit Obligation
The weighted-average discount rate and rates of increase in future compensation levels used in determining the actuarial present value of the projected benefit obligation are as follows:
Projected Benefit Obligation
 
Year Ended July 31,
Weighted average actuarial assumptions
 
2016
 
2015
All U.S. plans:
 
 

 
 

Discount rate
 
3.65
%
 
4.33
%
Rate of compensation increase
 
2.56
%
 
2.56
%
Non - U.S. plans:
 
 

 
 

Discount rate
 
2.08
%
 
3.14
%
Rate of compensation increase
 
2.69
%
 
2.68
%
Schedule of Assumptions Used
The weighted-average discount rates, expected returns on plan assets and rates of increase in future compensation levels used to determine the net periodic benefit cost are as follows:
Net Periodic Benefit Cost
 
Year Ended July 31,
Weighted average actuarial assumptions
 
2016
 
2015
 
2014
All U.S. plans:
 
 

 
 

 
 

Discount rate
 
4.33
%
 
4.33
%
 
4.58
%
Expected return on plan assets
 
6.99
%
 
7.14
%
 
7.50
%
Rate of compensation increase
 
2.56
%
 
2.61
%
 
2.61
%
Non - U.S. plans:
 
 

 
 

 
 

Discount rate
 
3.14
%
 
3.64
%
 
4.04
%
Expected return on plan assets
 
4.83
%
 
5.41
%
 
5.48
%
Rate of compensation increase
 
2.68
%
 
2.79
%
 
2.92
%
Schedule of Allocation of Plan Assets
The estimated fair value of U.S. Pension Plan assets and their respective levels in the fair value hierarchy at July 31, 2016, 2015 and 2014 by asset category are as follows (in millions):
 
 
U.S Pension Plans
Asset Category
 
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
 
Significant
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
July 31, 2016
 
 
 
 
 
 
 
 
Cash
 
$
1.2

 
$

 
$

 
$
1.2

Global Equity Securities
 
62.2

 
83.1

 
17.1

 
162.4

Fixed Income Securities
 
72.2

 

 
47.3

 
119.5

Real Assets
 
5.9

 

 
7.9

 
13.8

Total U.S. Assets
 
$
141.5

 
$
83.1

 
$
72.3

 
$
296.9

 
 
 
 
 
 
 
 
 
July 31, 2015
 
 
 
 
 
 
 
 
Cash
 
$
1.9

 
$

 
$

 
$
1.9

Global Equity Securities
 
76.6

 
84.6

 
19.5

 
180.7

Fixed Income Securities
 
0.9

 
64.1

 
54.7

 
119.7

Real Assets
 
6.0

 

 
13.0

 
19.0

Total U.S. Assets
 
$
85.4

 
$
148.7

 
$
87.2

 
$
321.3

 
 
 
 
 
 
 
 
 
July 31, 2014
 
 
 
 
 
 
 
 
Cash
 
$
14.2

 
$

 
$

 
$
14.2

Global Equity Securities
 
107.3

 
87.3

 
21.1

 
215.7

Fixed Income Securities
 
27.0

 

 
58.7

 
85.7

Real Assets
 
7.1

 

 
13.5

 
20.6

Total U.S. Assets
 
$
155.6

 
$
87.3

 
$
93.3

 
$
336.2

Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets
The following table summarizes the changes in the fair values of the U.S. pension plans’ Level 3 assets for the years ended July 31, 2016, 2015 and 2014 (in millions):
 
 
U.S. Pension Plans
 
 
Global Equity
 
Fixed Income
 
Real Assets
 
Total
Ending balance at July 31, 2013
 
$
19.4

 
$
60.8

 
$
22.1

 
$
102.3

Unrealized gains (losses)
 
1.7

 
(2.0
)
 

 
(0.3
)
Realized gains
 
2.4

 
8.9

 
0.8

 
12.1

Purchases
 
2.0

 
20.0

 
2.7

 
24.7

Sales
 
(4.4
)
 
(29.0
)
 
(12.1
)
 
(45.5
)
Ending balance at July 31, 2014
 
$
21.1

 
$
58.7

 
$
13.5

 
$
93.3

Unrealized gains (losses)
 
(0.3
)
 
(3.7
)
 
0.7

 
(3.3
)
Realized gains
 
2.8

 
5.1

 
0.6

 
8.5

Purchases
 
1.8

 

 
0.8

 
2.6

Sales
 
(5.9
)
 
(5.4
)
 
(2.6
)
 
(13.9
)
Ending balance at July 31, 2015
 
$
19.5

 
$
54.7

 
$
13.0

 
$
87.2

Unrealized gains (losses)
 
(1.3
)
 
(2.5
)
 
(2.4
)
 
(6.2
)
Realized gains
 
2.5

 
0.8

 
0.4

 
3.7

Purchases
 
0.6

 

 
0.1

 
0.7

Sales
 
(4.2
)
 
(5.7
)
 
(3.2
)
 
(13.1
)
Ending balance at July 31, 2016
 
$
17.1

 
$
47.3

 
$
7.9

 
$
72.3

Summary Of Pension Plans' Assets Valued At NAV
The following table summarizes the U.S. pension plans’ assets valued at NAV at July 31, 2016 (in millions):
 
 
Fair Value
 
Unfunded
Commitments
 
Redemption Frequency
(If Currently Eligible)
 
Redemption
Notice Period
Global Equity
 
$
162.4

 
$
2.7

 
Daily, Monthly, Quarterly, Annually
 
10 - 100 days
Fixed Income
 
47.3

 

 
Daily, Quarterly, Semi-Annually
 
60 - 120 days
Real Assets
 
13.8

 
2.2

 
Daily, Quarterly
 
95 days
Total
 
$
223.5

 
$
4.9

 
 
 
 
Schedule of Expected Benefit Payments
The estimated future benefit payments for the Company’s U.S. and non-U.S. plans are as follows (in millions):
Year Ending July 31,
 
Estimated Future Benefit Payments
2017
 
$
26.6

2018
 
25.1

2019
 
27.4

2020
 
25.7

2021
 
27.6

2022-2026
 
137.6

International Assets  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets
The following table summarizes the changes in the fair values of the non-U.S. pension plans’ Level 3 assets for the years ended July 31, 2016, 2015 and 2014 (in millions):
 
 
Non-U.S. Pension Plans
 
 
Equity/Fixed
Income
Ending balance at July 31, 2013
 
$
26.3

Unrealized gains
 
4.3

Realized gains
 
0.1

Foreign currency exchange
 
0.1

Purchases
 
3.1

Sales
 
(3.4
)
Ending balance at July 31, 2014
 
$
30.5

Unrealized gains
 
1.3

Realized gains
 

Foreign currency exchange
 
(5.5
)
Purchases
 
2.7

Sales
 
(0.8
)
Ending balance at July 31, 2015
 
$
28.2

Unrealized gains
 
2.7

Realized gains
 

Foreign currency exchange
 
0.3

Purchases
 
2.7

Sales
 
(2.1
)
Ending balance at July 31, 2016
 
$
31.8

Fair Value Of Assets Held By Non-U.S. Pension Plans
The estimated fair values of Non-U.S. Pension Plan assets and their respective levels in the fair value hierarchy at July 31, 2016, 2015 and 2014 by asset category are as follows (in millions):
 
 
Non-U.S. Pension Plans
Asset Category
 
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
 
Significant
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
July 31, 2016
 
 
 
 
 
 
 
 
Cash
 
$
0.5

 
$

 
$

 
$
0.5

Global Equity Securities
 
69.2

 

 

 
69.2

Fixed Income Securities
 
4.6

 
35.8

 

 
40.4

Equity/Fixed Income
 
16.7

 

 
31.8

 
48.5

Total Non-U.S. Assets
 
$
91.0

 
$
35.8

 
$
31.8

 
$
158.6

 
 
 
 
 
 
 
 
 
July 31, 2015
 
 
 
 
 
 
 
 
Global Equity Securities
 
$
71.7

 
$

 
$

 
$
71.7

Fixed Income Securities
 
4.2

 
35.9

 

 
40.1

Equity/Fixed Income
 
17.2

 

 
28.2

 
45.4

Total Non-U.S. Assets
 
$
93.1

 
$
35.9

 
$
28.2

 
$
157.2

 
 
 
 
 
 
 
 
 
July 31, 2014
 
 
 
 
 
 
 
 
Cash
 
$
5.7

 
$

 
$

 
$
5.7

Global Equity Securities
 
71.3

 

 

 
71.3

Fixed Income Securities
 
4.8

 
23.3

 

 
28.1

Equity/Fixed Income
 
18.0

 

 
30.5

 
48.5

Total Non-U.S. Assets
 
$
99.8

 
$
23.3

 
$
30.5

 
$
153.6

Summary Of Pension Plans' Assets Valued At NAV
The following table summarizes the non-U.S. pension plans’ assets valued at NAV as of July 31, 2016 (in millions):
 
 
Fair Value
 
Unfunded
Commitments
 
Redemption Frequency
(If Currently Eligible)
 
Redemption
Notice Period
Fixed Income
 
$
35.8

 
$

 
Weekly
 
7 days
Equity/Fixed Income
 
31.8

 

 
Yearly
 
90 days
Total
 
$
67.6

 
$