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ACCRUED AND OTHER NON-CURRENT LIABILITIES (Details 1) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jul. 31, 2014
Jul. 31, 2013
Payables and Accruals [Abstract]    
Retirement benefits $ 206,119 [1] $ 231,200 [1]
Interest payable - non-current 7,895 [2] 6,524 [2]
Deferred revenue 897 [3] 3,051 [3]
Environmental remediation 16,102 [4] 15,340 [4]
Other 34,884 32,011
Other non-current liabilities $ 265,897 $ 288,126
Americas Commercial Aerospace Aftermarket Distribution Channel Rights Term 10 years  
[1] For discussion regarding retirement benefits refer to Note 13, Pension and Profit Sharing Plans and Arrangements.
[2] See Note 11, Income Taxes, for further discussion.
[3] On December 16, 2005, the Company sold the rights to its Americas commercial aerospace aftermarket distribution channel for the Company’s products for a ten-year period to Satair. The proceeds received for the distribution rights were recorded as deferred revenue and are being amortized as an increase to sales over the life of the distribution agreement.
[4] For further discussion regarding environmental remediation liabilities refer to Note 14, Contingencies and Commitments.