v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Operating Activities    
Net earnings $ 87.2 $ 77.1
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 22.4 23.8
Deferred income taxes (3.4) 0.8
Stock-based compensation expense 9.7 9.0
Other, net 4.5 2.7
Changes in operating assets and liabilities (2.2) (70.5)
Net cash provided by operating activities 118.2 42.9
Investing Activities    
Purchases of property, plant and equipment (28.1) (18.3)
Net cash used in investing activities (28.1) (18.3)
Financing Activities    
Proceeds from long-term debt 0.0 124.5
Repayments of long-term debt (40.0) (35.0)
Change in short-term borrowings (3.3) (7.3)
Purchase of treasury stock (45.7) (102.9)
Dividends paid (28.2) (27.4)
Exercise of stock options 4.4 2.6
Net cash used in financing activities (112.8) (45.5)
Effect of exchange rate changes on cash (9.6) (1.1)
Decrease in cash and cash equivalents (32.3) (22.0)
Cash and cash equivalents, beginning of period 193.3 222.8
Cash and cash equivalents, end of period 161.0 200.8
Supplemental Cash Flow Information    
Income taxes paid 19.8 23.2
Interest paid 5.4 3.1
Supplemental Disclosure of Non-Cash Operating and Investing Transactions    
Accrued property, plant and equipment additions 14.7 7.8
Leased assets obtained in exchange for new operating lease liabilities $ 2.4 $ 4.3