ACCOUNTING POLICIES AND RELATED MATTERS (Tables)

12 Months Ended

Jul. 31, 2011

Accounting Policies and Related Matters (Tables) [Abstract]

Reconciliation between basic shares outstanding and diluted shares outstanding

The following is a reconciliation between average basic shares outstanding and average diluted shares outstanding:

	2011	2010	2009
Average basic shares outstanding	116,521	117,437	118,631
Effect of dilutive securities (a)	1,745	1,409	940
Average diluted shares outstanding	118,266	118,846	119,571

 (a)       Refer to Note 15, Common Stock, for a description of the Company’s stock plans.