XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.20.4

Accumulated Other Comprehensive Loss | 6 Months Ended
--- | ---
Jan. 31, 2021
Other Comprehensive Income (Loss), Tax [Abstract] |
Comprehensive Income (Loss) Note | Accumulated Other Comprehensive Loss Other comprehensive loss consists of foreign currency translation adjustments which includes the settlements of net investment hedges, unrealized gains and losses from cash flow hedges, and the unamortized gain 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 six months ended January 31, 2021:
| Unrealized (loss) gain on cash flow hedges |  | Unamortized gain on post-retirement plans |  | Foreign currency translation adjustments |  | Accumulated other comprehensive loss
Beginning balance, July 31, 2020 | $ | (200) |  |  | $ | 2,181 |  |  | $ | (68,458) |  |  | $ | (66,477) |
Other comprehensive income (loss) before reclassification | 1,215 |  |  | (23) |  |  | 13,585 |  |  | 14,777 |
Amounts reclassified from accumulated other comprehensive loss | 203 |  |  | 36 |  |  | — |  |  | 239 |
Ending balance, January 31, 2021 | $ | 1,218 |  |  | $ | 2,194 |  |  | $ | (54,873) |  |  | $ | (51,461) |
The decrease in accumulated other comprehensive loss as of January 31, 2021 compared to July 31, 2020, was primarily due to the depreciation of the U.S. dollar against certain other currencies during the six-month period. The following table illustrates the changes in the balances of each component of accumulated other comprehensive loss, net of tax, for the six months ended January 31, 2020:
| Unrealized gain on cash flow hedges |  | Unamortized gain on post-retirement plans |  | Foreign currency translation adjustments |  | Accumulated other comprehensive loss
Beginning balance, July 31, 2019 | $ | 707 |  |  | $ | 2,800 |  |  | $ | (74,761) |  |  | $ | (71,254) |
Other comprehensive income (loss) before reclassification | 468 |  |  | (216) |  |  | (913) |  |  | (661) |
Amounts reclassified from accumulated other comprehensive loss | (365) |  |  | (210) |  |  | — |  |  | (575) |
Ending balance, January 31, 2020 | $ | 810 |  |  | $ | 2,374 |  |  | $ | (75,674) |  |  | $ | (72,490) |
The increase in accumulated other comprehensive loss as of January 31, 2020, compared to July 31, 2019, was primarily due to the appreciation of the U.S. dollar against certain other currencies during the six-month period. Of the amounts reclassified from accumulated other comprehensive loss during the six months ended January 31, 2021 and 2020, unrealized (losses) gains on cash flow hedges were reclassified to "Cost of goods sold" and net unamortized gains on post-retirement plans were reclassified into "Investment and other income" on the condensed consolidated statements of income. The following table illustrates the income tax (expense) benefit on the components of other comprehensive income (loss) for the three and six months ended January 31, 2021 and 2020:
| Three months ended January 31, |  | Six months ended January 31,
| 2021 |  | 2020 |  | 2021 |  | 2020
Income tax (expense) benefit related to items of other comprehensive income (loss): |  |  |  |  |  |  |
Cash flow hedges | $ | 47 |  |  | $ | (5) |  |  | $ | (1) |  |  | $ | 30 |
Pension and other post-retirement benefits | 6 |  |  | 93 |  |  | 246 |  |  | 93 |
Other income tax adjustments and currency translation | (1,304) |  |  | (130) |  |  | (1,297) |  |  | 46 |
Income tax (expense) benefit related to items of other comprehensive income (loss) | $ | (1,251) |  |  | $ | (42) |  |  | $ | (1,052) |  |  | $ | 169 |

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_OtherComprehensiveIncomeLossTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration