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v3.19.3

New Accounting Pronouncements - Effects of Adopting ASC 606 on Consolidated Statement of Comprehensive Income (Details) - USD ($) $ / shares in Units, $ in Millions | 3 Months Ended | 12 Months Ended
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Aug. 31, 2019 | May 31, 2019 | Feb. 28, 2019 | Nov. 30, 2018 | Aug. 31, 2018 | May 31, 2018 | Feb. 28, 2018 | Nov. 30, 2017 | Aug. 31, 2019 | Aug. 31, 2018 | Aug. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |  |  |  |  |  |
Net sales | $ 938.1 | $ 947.6 | $ 854.4 | $ 932.6 | $ 1,061.2 | $ 944.0 | $ 832.1 | $ 842.8 | $ 3,672.7 | $ 3,680.1 | $ 3,505.1
Cost of products sold |  |  |  |  |  |  |  |  | 2,193.0 | 2,194.7 | 2,024.0
Selling, distribution, and administrative expenses |  |  |  |  |  |  |  |  | 1,015.0 | 1,019.0 | 942.3
Operating profit: |  |  |  |  |  |  |  |  | 462.9 | 460.8 | 527.5
Income tax expense |  |  |  |  |  |  |  |  | 94.5 | 76.3 | 170.9
Net income | $ 96.1 | $ 88.4 | $ 66.3 | $ 79.6 | $ 108.2 | $ 73.0 | $ 96.9 | $ 71.5 | $ 330.4 | $ 349.6 | $ 321.7
Basic earnings per share (in dollars per share) | $ 2.43 | $ 2.23 | $ 1.68 | $ 1.99 | $ 2.71 | $ 1.81 | $ 2.34 | $ 1.71 | $ 8.32 | $ 8.54 | $ 7.46
Diluted earnings per share (in dollars per share) | $ 2.42 | $ 2.22 | $ 1.67 | $ 1.98 | $ 2.70 | $ 1.80 | $ 2.33 | $ 1.70 | $ 8.29 | $ 8.52 | $ 7.43
Without ASC 606 Adoption |  |  |  |  |  |  |  |  |  |  |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |  |  |  |  |  |
Net sales |  |  |  |  |  |  |  |  | $ 3,681.6 |  |
Cost of products sold |  |  |  |  |  |  |  |  | 2,197.1 |  |
Selling, distribution, and administrative expenses |  |  |  |  |  |  |  |  | 1,014.6 |  |
Operating profit: |  |  |  |  |  |  |  |  | 468.1 |  |
Income tax expense |  |  |  |  |  |  |  |  | 95.7 |  |
Net income |  |  |  |  |  |  |  |  | $ 334.4 |  |
Basic earnings per share (in dollars per share) |  |  |  |  |  |  |  |  | $ 8.42 |  |
Diluted earnings per share (in dollars per share) |  |  |  |  |  |  |  |  | $ 8.39 |  |
Higher (Lower) |  |  |  |  |  |  |  |  |  |  |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |  |  |  |  |  |
Net sales |  |  |  |  |  |  |  |  | $ (8.9) |  |
Cost of products sold |  |  |  |  |  |  |  |  | (4.1) |  |
Selling, distribution, and administrative expenses |  |  |  |  |  |  |  |  | 0.4 |  |
Operating profit: |  |  |  |  |  |  |  |  | (5.2) |  |
Income tax expense |  |  |  |  |  |  |  |  | (1.2) |  |
Net income |  |  |  |  |  |  |  |  | $ (4.0) |  |
Basic earnings per share (in dollars per share) |  |  |  |  |  |  |  |  | $ (0.10) |  |
Diluted earnings per share (in dollars per share) |  |  |  |  |  |  |  |  | $ (0.10) |  |

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