COMMON STOCK (Tables)

Schedule of Share Based Compensation Components of stock-based compensation expense	July 31, 2011		July 31, 2010		July 31, 2009
Restricted stock units	$	12,651	$	11,314	$	10,136
Stock options		5,298		4,849		4,627
Employee stock purchase plan (“ESPP”)		4,527		4,488		4,939
Management stock purchase plan (“MSPP”)		3,957		3,965		3,782
Total	$	26,433	$	24,616	$	23,484

Income tax effects related to stock-based compensation

	2011		2010		2009
Excess tax benefits in cash flows from
financing activities	$	12,777	$	2,671	$	457
Tax benefit recognized related to
total stock-based compensation expense		8,457		7,159		6,288
Actual tax benefit realized for tax deductions
from option exercises of stock-based
payment arrangements		23,074		8,301		3,949

Valuation of Stock options & ESPP Shares

	2011			2010			2009
Stock Options
Weighted average fair value at
grant date	$	15.78		$	10.44		$	6.79
Valuation assumptions:
Expected dividend yield		1.9	%		2.0	%		1.8	%
Expected volatility		36.8	%		35.2	%		31.9	%
Expected life (years)		5			5			5
Risk-free interest rate		1.8	%		2.2	%		1.8	%

Valuation of ESPP Shares


	2011			2010			2009
ESPP Shares
Weighted average fair value at
grant date	$	11.66		$	8.28		$	7.99
Valuation assumptions:
Expected dividend yield		1.5	%		1.9	%		1.9	%
Expected volatility		31.4	%		31.3	%		56.1	%
Expected life (years)	½ year			½ year			½ year
Risk-free interest rate		0.1	%		0.2	%		0.7	%

Summary of MSPP Activity

	2011		2010		2009
Deferred compensation and cash
contributions	$	4,351	$	3,232	$	5,382
Fair value of restricted stock units vested	$	4,095	$	3,853	$	1,757
Vested units distributed		176		200		158

Summary Of Restricted Stock Unit Activity, Excluding Annual Award Units

Summary Of Option Activity For All Stock Option Plans