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Other Comprehensive Income Other Comprehensive Income
12 Months Ended
Jul. 31, 2020
Statement of Comprehensive Income [Abstract]  
Comprehensive Income (Loss) Note [Text Block] Other Comprehensive Loss
Other comprehensive loss consists of foreign currency translation adjustments which includes net investment hedges, unrealized gains and losses from cash flow hedges, and the unamortized gain on post-retirement plans, net of their related tax effects.
The following table illustrates the changes in the balances of each component of accumulated other comprehensive loss, net of tax, for the periods presented:
Unrealized gain (loss) on
cash flow hedges
Unamortized gain on postretirement plansForeign currency
translation adjustments
Accumulated other comprehensive loss
Ending balance, July 31, 2018$863 $3,302 $(60,566)$(56,401)
Other comprehensive income (loss) before reclassification630 67 (14,195)(13,498)
Amounts reclassified from accumulated other comprehensive loss(786)(569) (1,355)
Ending balance, July 31, 2019$707 $2,800 $(74,761)$(71,254)
Other comprehensive (loss) income before reclassification(447)(332)6,303 5,524 
Amounts reclassified from accumulated other comprehensive loss(460)(287) (747)
Ending balance, July 31, 2020$(200)$2,181 $(68,458)$(66,477)

The decrease in accumulated other comprehensive loss as of July 31, 2020, compared to July 31, 2019, was primarily due to the depreciation of the U.S. dollar against certain other currencies during the fiscal year, most of which occurred in the last month of the fiscal year ended July 31, 2020. The foreign currency translation adjustments column in the table above includes the impact of foreign currency translation and the settlements of net investment hedges, net of tax. Of the amounts reclassified from accumulated other comprehensive loss during the fiscal year ended July 31, 2020, unrealized gains on cash flow hedges were reclassified to "Cost of goods sold" and unamortized gains on post-retirement plans were reclassified into "Investment and other income" on the Consolidated Statements of Income.
The following table illustrates the income tax benefit (expense) on the components of other comprehensive income (loss):
Years Ended July 31,
202020192018
Income tax benefit (expense) related to items of other comprehensive income (loss):
Cash flow hedges$283 $55 $(669)
Pension and other post-retirement benefits229 164 (64)
Other income tax adjustments and currency translation(337)(972)(567)
Adoption of accounting standard ASU 2018-02  1,869 
Income tax benefit (expense) related to items of other comprehensive income (loss)$175 $(753)$569