PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Jul. 31, 2011

Property, Plant and Equipment [Abstract]

NOTE 5 – PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consist of the following:

	2011			2010
Land	$	51,588		$	48,546
Buildings and improvements		521,419			495,741
Machinery and equipment		835,013			779,700
Information technology hardware & software		202,574			140,626
Furniture and fixtures		94,965			86,925
		1,705,559			1,551,538
Less: Accumulated depreciation and amortization		(910,960	)		(845,103	)
	$	794,599		$	706,435

Depreciation expense for property, plant and equipment for fiscal years 2011, 2010 and 2009 was $84,461, $81,861 and $79,420, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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