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Goodwill and Intangible Assets (Tables)

3 Months Ended

Oct. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Reconciliation of goodwill

Goodwill by reportable segment was as follows (in millions):

			Engine Products Segment						Industrial Products Segment						Total
Balance as of July 31, 2021			$	84.7					$	237.8					$	322.5
Goodwill acquired			—						—						—
Currency translation			(0.1)						(1.8)						(1.9)
Balance as of October 31, 2021			$	84.6					$	236.0					$	320.6

Schedule of finite-lived intangible assets

Intangible asset classes were as follows (in millions):

			October 31, 2021																		July 31, 2021
			Gross Carrying Amount						Accumulated Amortization						Total						Gross Carrying Amount						Accumulated Amortization						Total
Customer relationships			$	107.0					$	(57.8)					$	49.2					$	107.5					$	(56.4)					$	51.1
Patents, trademarks and technology			24.3						(14.3)						10.0						24.3						(13.8)						10.5
Total intangible assets			$	131.3					$	(72.1)					$	59.2					$	131.8					$	(70.2)					$	61.6

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- References

No definition available.

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- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

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- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

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