XML 25 R14.htm IDEA: XBRL DOCUMENT
v3.24.3

Accumulated Other Comprehensive Loss (Notes) | 3 Months Ended
--- | ---
Oct. 31, 2024
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 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 three months ended October 31, 2024:
| Unrealized loss on cash flow hedges |  | Unamortized gain on post-retirement plans |  | Foreign currency translation adjustments |  | Accumulated other comprehensive loss
Beginning balance, July 31, 2024 | $ | (149) |  |  | $ | 462 |  |  | $ | (109,935) |  |  | $ | (109,622) |
Other comprehensive loss before reclassification | (1,402) |  |  | — |  |  | (79) |  |  | (1,481) |
Amounts reclassified from accumulated other comprehensive loss | (348) |  |  | (151) |  |  | — |  |  | (499) |
Ending balance, October 31, 2024 | $ | (1,899) |  |  | $ | 311 |  |  | $ | (110,014) |  |  | $ | (111,602) |
The increase in accumulated other comprehensive loss as of October 31, 2024 compared to July 31, 2024 was primarily due to the unrealized losses on cash flow hedges during the three-month period. The changes in accumulated other comprehensive loss by component, net of tax, for the three months ended October 31, 2023 were as follows:
| Unrealized gain (loss) on cash flow hedges |  | Unamortized gain on post-retirement plans |  | Foreign currency translation adjustments |  | Accumulated other comprehensive loss
Beginning balance, July 31, 2023 | $ | 1,641 |  |  | $ | 756 |  |  | $ | (95,458) |  |  | $ | (93,061) |
Other comprehensive loss before reclassification | (744) |  |  | — |  |  | (20,364) |  |  | (21,108) |
Amounts reclassified from accumulated other comprehensive loss | (963) |  |  | (151) |  |  | — |  |  | (1,114) |
Ending balance, October 31, 2023 | $ | (66) |  |  | $ | 605 |  |  | $ | (115,822) |  |  | $ | (115,283) |
The increase in the accumulated other comprehensive loss as of October 31, 2023 compared to July 31, 2023 was primarily due to the appreciation of the U.S. dollar against certain other currencies during the three-month period. Of the amounts reclassified from accumulated other comprehensive loss during the three months ended October 31, 2024 and 2023, unrealized gains on cash flow hedges were reclassified to “Cost of goods sold” and 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 benefit (expense) on the components of other comprehensive loss for the three months ended October 31, 2024 and 2023:
| Three months ended October 31,
| 2024 |  | 2023
Income tax benefit (expense) related to items of other comprehensive loss: |  |  |
Cash flow hedges | $ | 52 |  |  | $ | (128) |

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

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://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration