v3.26.3
Accumulated Other Comprehensive Loss
12 Months Ended
Jul. 31, 2026
Equity [Abstract]  
Accumulated Other Comprehensive Loss
Note 12. Accumulated Other Comprehensive Loss
Changes in accumulated other comprehensive loss for the years ended July 31, 2026 and 2025 were as follows (in millions):
Foreign
Currency
Translation
Adjustment
Pension
Benefits
Derivative
Financial
Instruments
Total
Balance as of July 31, 2025, net of tax$(104.2)$(76.6)$0.1 $(180.7)
Other comprehensive income (loss) before reclassifications and tax
19.5 15.9 (1)(1.6)33.8 
Tax (expense) benefit— (4.0)0.4 (3.6)
Other comprehensive income (loss) before reclassifications, net of tax
19.5 11.9 (1.2)30.2 
Reclassifications, before tax— 6.3 (2)(0.6)5.7 
Tax (expense) benefit— (1.5)0.1 (1.4)
Reclassifications, net of tax— 4.8 (0.5)(3)4.3 
Other comprehensive income (loss), net of tax
19.5 16.7 (1.7)34.5 
Balance as of July 31, 2026, net of tax$(84.7)$(59.9)$(1.6)$(146.2)
Balance as of July 31, 2024, net of tax$(133.8)$(69.1)$4.0 $(198.9)
Other comprehensive income (loss) before reclassifications and tax29.6 (11.1)(1)(5.5)13.0 
Tax benefit
— 2.6 1.3 3.9 
Other comprehensive income (loss) before reclassifications, net of tax29.6 (8.5)(4.2)16.9 
Reclassifications, before tax— 1.3 (2)0.4 1.7 
Tax expense
— (0.3)(0.1)(0.4)
Reclassifications, net of tax— 1.0 0.3 (3)1.3 
Other comprehensive income (loss), net of tax29.6 (7.5)(3.9)18.2 
Balance as of July 31, 2025, net of tax$(104.2)$(76.6)$0.1 $(180.7)
(1)Remeasurements of the Company’s pension obligations resulted in a decrease of $15.9 million and an increase of $11.1 million in fiscal 2026 and 2025, respectively, to accumulated other comprehensive loss on the Consolidated Balance Sheets, see Note 14.
(2)Amounts include reclassifications of $4.6 million and $0.0 million related to pension settlement accounting that was triggered, a foreign currency translation gain of $0.1 million and gain of $0.9 million and net amortization of prior service costs and actuarial losses of $1.8 million and $2.2 million in fiscal 2026 and 2025, respectively. Amounts are included in other income, net in the Consolidated Statements of Earnings, see Note 14.
(3)Relates to designated foreign currency forward contracts that were reclassified from accumulated other comprehensive income (loss) on the Consolidated Balance Sheets to net sales, cost of sales and operating expenses in the Consolidated Statements of Earnings, see Note 15.