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ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Tables)
12 Months Ended
Jul. 31, 2014
Accumulated Other Comprehensive Income/(Loss) [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Changes in accumulated other comprehensive income/(loss) by component are presented below:
 
Foreign Currency Translation
 
Defined Benefit Pension Plan
 
Unrealized investment gains/(losses)
 
Unrealized gains/(losses) on derivatives
 
Accumulated other comprehensive income/(loss)
Balance at July 31, 2013
84,598

 
(125,211
)
 
2,123

 
(2,302
)
 
(40,792
)
Other comprehensive income/(loss) before reclassifications
14,091

 
1,161

 
435

 
8,280

 
23,967

Amounts reclassified from accumulated other comprehensive income/(loss)

 
8,889

 
322

 
(1,188
)
 
8,023

Foreign exchange adjustments and other

 
(6,119
)
 

 

 
(6,119
)
Balance at July 31, 2014
98,689

 
(121,280
)
 
2,880

 
4,790

 
(14,921
)
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
Reclassifications out of accumulated other comprehensive income are presented below:
 
Year Ended
July 31, 2014
 
Affected line item in the
Consolidated Statement of Earnings
 
 
Defined Benefit Pension Plan
 
 
 
Amortization of prior service cost
(1,543
)
 
Note (a)
Recognized actuarial gain/(loss)
(11,100
)
 
Note (a)
Settlement/curtailment
(32
)
 
Note (a)
Total before tax
(12,675
)
 
 
Tax (expense)/benefit
3,786

 
 
Net of tax
(8,889
)
 
 
 
 
 
 
Unrealized investment gains/(losses)
 
 
 
Realized investment gain/(losses)
(503
)
 
Selling, general and administrative
Tax (expense)/benefit
181

 
 
Net of tax
(322
)
 
 
 
 
 
 
Unrealized gains/(losses) on derivatives
 
 
 
Foreign exchange forward contracts
1,176

 
Sales
Foreign exchange forward contracts
124

 
Cost of sales
Total before tax
1,300

 
 
Tax (expense)/benefit
(112
)
 
 
Net of tax
1,188

 
 
(a)
These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 13, Pension and Profit Sharing Plans and Arrangements, for additional details).