v3.26.3
CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Jul. 31, 2024
Income Statement [Abstract]      
Net sales $ 3,885.6 $ 3,690.9 $ 3,586.3
Cost of sales 2,539.7 2,404.7 2,311.9
Gross profit 1,345.9 1,286.2 1,274.4
Selling, general and administrative 679.2 642.2 636.7
Loss on impairment of intangible assets 0.0 62.0 0.0
Gain on sale of fixed assets (9.3) (1.2) 0.0
Research and development 76.1 87.8 93.6
Operating expenses 746.0 790.8 730.3
Operating income 599.9 495.4 544.1
Interest expense 36.0 24.2 21.4
Other income, net (21.9) (21.0) (12.6)
Earnings before income taxes 585.8 492.2 535.3
Income taxes 132.0 125.2 121.3
Net earnings $ 453.8 $ 367.0 $ 414.0
Weighted average shares – basic (in shares) 115.8 118.7 120.7
Weighted average shares – diluted (in shares) 117.9 120.4 122.6
Net earnings per share – basic (in usd per share) $ 3.92 $ 3.09 $ 3.43
Net earnings per share – diluted (in usd per share) $ 3.85 $ 3.05 $ 3.38