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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jul. 31, 2013
Jul. 31, 2012
Current assets:    
Cash and cash equivalents $ 936,886 $ 500,274
Accounts receivable 566,335 655,436
Inventory 381,047 364,766
Other current assets 165,761 195,464
Assets held for sale 0 136,517
Total current assets 2,050,029 1,852,457
Property, plant and equipment 774,948 750,993
Goodwill 342,492 338,941
Intangible assets 137,243 151,144
Other non-current assets 168,127 254,357
Total assets 3,472,839 3,347,892
Current liabilities:    
Notes payable 169,967 204,940
Accounts payable 157,176 184,868
Accrued liabilities 312,829 380,466
Income taxes payable 60,732 57,422
Current portion of long-term debt 420 453
Dividends payable 27,947 23,979
Total current liabilities 729,071 852,128
Long-term debt, net of current portion 467,319 490,706
Income taxes payable – non-current 141,843 161,684
Deferred income taxes 31,524 8,880
Other non-current liabilities 288,126 324,459
Total liabilities 1,657,883 1,837,857
Stockholders’ equity:    
Common stock, par value $.10 per share; 500,000 shares authorized; 127,958 shares issued 12,796 12,796
Capital in excess of par value 298,150 271,489
Retained earnings 2,285,031 1,840,926
Treasury stock, at cost (2013 – 16,170 shares, 2012 – 13,770 shares) (740,229) (552,215)
Stock option loans 0 (54)
Accumulated other comprehensive income/(loss):    
Foreign currency translation 84,598 97,663
Pension liability adjustment (125,211) (164,444)
Unrealized investment gains 2,123 3,604
Unrealized gains/(losses) on derivatives (2,302) 270
Total accumulated other comprehensive income/(loss) (40,792) (62,907)
Total stockholders’ equity 1,814,956 1,510,035
Total liabilities and stockholders’ equity $ 3,472,839 $ 3,347,892