v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 31, 2022
Jul. 31, 2022
Current assets:    
Cash and cash equivalents $ 161.0 $ 193.3
Accounts receivable, less allowances of $7.0 and $7.6, respectively 584.2 616.6
Inventories, net 490.1 502.4
Prepaid expenses and other current assets 100.1 94.2
Total current assets 1,335.4 1,406.5
Property, plant and equipment, net 590.8 594.4
Goodwill 340.1 345.8
Intangible assets, net 95.2 99.8
Other long-term assets 150.5 153.8
Total assets 2,512.0 2,600.3
Current liabilities:    
Short-term borrowings 0.2 3.7
Accounts payable 320.7 338.5
Accrued employee compensation and related taxes 98.5 113.8
Income taxes payable 43.6 31.8
Dividend payable 0.0 28.3
Other current liabilities 106.3 113.5
Total current liabilities 569.3 629.6
Long-term debt 600.7 644.3
Non-current income taxes payable 69.6 69.4
Deferred income taxes 29.0 32.7
Other long-term liabilities 88.6 91.1
Total liabilities 1,357.2 1,467.1
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Preferred stock, $1.00 par value, 1,000,000 shares authorized, none issued 0.0 0.0
Common stock, $5.00 par value, 240,000,000 shares authorized, 151,643,194 shares issued 758.2 758.2
Additional paid-in capital 22.2 17.0
Retained earnings 1,932.8 1,845.7
Accumulated other comprehensive loss (239.9) (205.6)
Treasury stock, 29,764,794 and 29,089,612 shares, respectively, at cost (1,318.5) (1,282.1)
Total stockholders’ equity 1,154.8 1,133.2
Total liabilities and stockholders’ equity $ 2,512.0 $ 2,600.3