v3.26.1
Accumulated Other Comprehensive Loss
 12 Months Ended
Jul. 31, 2026
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss
Other comprehensive loss consists of foreign currency translation adjustments which includes net investment hedges and long-term intercompany loan translation adjustments, unrealized gains or losses from cash flow hedges, and unamortized gains or losses on post-retirement plans, net of their related tax effects.
The following table illustrates the changes in the balances of each component of accumulated other comprehensive loss, net of tax, for the periods presented:
Unrealized gain (loss) on cash flow hedgesUnamortized gain (loss) on postretirement plansForeign currency translation adjustmentsAccumulated other comprehensive loss
Ending balance, July 31, 2023
$1,641 $756 $(95,458)$(93,061)
Other comprehensive (loss) income before reclassification(124)160 (14,477)(14,441)
Amounts reclassified from accumulated other comprehensive loss(1,666)(454)— (2,120)
Ending balance, July 31, 2024
$(149)$462 $(109,935)$(109,622)
Other comprehensive (loss) income before reclassification(691)(3)18,165 17,471 
Amounts reclassified from accumulated other comprehensive loss446 (454)— (8)
Ending balance, July 31, 2025
$(394)$5 $(91,770)$(92,159)
Other comprehensive income before reclassification1,474 198 16,643 18,315 
Amounts reclassified from accumulated other comprehensive loss(355)(603)— (958)
Ending balance, July 31, 2026
$725 $(400)$(75,127)$(74,802)
The decrease in accumulated other comprehensive loss as of July 31, 2026 compared to July 31, 2025 was primarily due to the depreciation of the U.S. dollar against certain other currencies during the fiscal year. Of the amounts reclassified from accumulated other comprehensive loss during the years ended July 31, 2026 and 2025, unrealized gains or losses on cash flow hedges were reclassified into “Cost of goods sold” and net unamortized gains on post-retirement plans were reclassified into “Investment and other income” on the consolidated statements of income.
The following table illustrates the income tax benefit (expense) on the components of other comprehensive income (loss):
Years Ended July 31,
202620252024
Income tax (expense) benefit related to items of other comprehensive income (loss):
Cash flow hedges$(116)$124 $(86)
Pension and other post-retirement benefits(94)163 84 
Income tax (expense) benefit related to items of other comprehensive income (loss) $(210)$287 $(2)