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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jul. 31, 2013
Jul. 31, 2012
Jul. 31, 2011
Operating activities:      
Net earnings $ 574,935 $ 319,309 $ 315,496
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Restructuring and other charges, net 889 2,542 7,336
Depreciation and amortization of long-lived assets 106,284 111,105 98,106
Non-cash stock compensation 29,778 31,864 26,433
Excess tax benefits from stock based compensation arrangements (15,812) (7,757) (12,777)
Amortization of deferred revenue (2,154) (2,154) (2,154)
Deferred income taxes 11,314 (9,095) 10,512
Provisions for doubtful accounts 7,173 3,387 1,455
(Gain)/loss on sale of assets (390,187) (11,561) 3,195
Other 1,344 1,199 1,199
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:      
Inventories (17,088) 24,111 (5,177)
Accounts receivable 81,916 (50,753) (41,607)
Income taxes receivable/payable 6,981 22,238 3,812
Accounts payable and accrued expenses (123,801) 83,742 39,324
Other assets 13,993 (21,245) (6,579)
Other liabilities 98,894 (22,084) (8,587)
Net cash provided by operating activities 384,459 474,848 429,987
Investing activities:      
Capital expenditures (110,182) (158,909) (160,771)
Purchases of retirement benefit assets (45,718) (49,552) (75,142)
Proceeds from sale and maturities of retirement benefit assets 46,147 50,830 63,222
Proceeds from sale of assets 537,625 26,551 1,971
Acquisitions of businesses, net of cash acquired (21,970) (167,638) 0
Other (6,602) (11,107) (5,821)
Net cash provided/(used) by investing activities 399,300 (309,825) (176,541)
Financing activities:      
Long-term borrowings 14 106 35,185
Repayments of long-term debt (461) (511) (298,528)
Notes payable (34,973) (10,017) 174,600
Additions to deferred financing costs (3,043) 0 0
Purchase of treasury stock (250,000) (121,164) (149,907)
Dividends paid (108,054) (88,955) (77,641)
Net proceeds from stock plans 36,240 39,562 60,329
Excess tax benefits from stock based compensation arrangements 15,812 7,757 12,777
Net cash used by financing activities (344,465) (173,222) (243,185)
Cash flow for year 439,294 (8,199) 10,261
Cash and cash equivalents at beginning of year 500,274 557,766 498,563
Effect of exchange rate changes on cash and cash equivalents (2,682) (49,293) 48,942
Cash and cash equivalents at end of year 936,886 500,274 557,766
Supplemental disclosures:      
Interest paid 34,373 23,988 25,866
Income taxes paid (net of refunds) $ 144,733 $ 90,806 $ 93,175