Consolidated Balance Sheets - USD ($) $ in Millions	Aug. 31, 2020	Aug. 31, 2019
Current assets:
Cash and cash equivalents	$ 560.7	$ 461.0
Accounts receivable, less reserve for doubtful accounts of $2.6 and $1.0, respectively	500.3	561.0
Inventories	320.1	340.8
Prepayments and other current assets	58.6	79.0
Total current assets	1,439.7	1,441.8
Property, plant, and equipment, net	270.5	277.3
Operating lease right-of-use assets	63.4
Goodwill	1,080.0	967.3
Intangible assets, net	605.9	466.0
Deferred income taxes	2.7	2.3
Other long-term assets	29.5	17.7
Total assets	3,491.7	3,172.4
Current liabilities:
Accounts payable	326.5	338.8
Current maturities of debt	24.3	9.1
Current operating lease liabilities	17.2
Accrued compensation	85.4	73.2
Other accrued liabilities	164.2	175.0
Total current liabilities	617.6	596.1
Long-term debt	376.8	347.5
Long-term operating lease liabilities	56.8
Accrued pension liabilities	91.6	99.7
Deferred income taxes	94.9	92.7
Self-insurance liabilities	6.5	6.8
Other long-term liabilities	120.0	110.7
Total liabilities	1,364.2	1,253.5
Commitments and Contingencies
Stockholders’ equity:
Preferred stock, $0.01 par value; 50,000,000 shares authorized; none issued	0.0	0.0
Common stock, $0.01 par value; 500,000,000 shares authorized; 53,885,165 and 53,778,155 issued, respectively	0.5	0.5
Paid-in capital	963.6	930.0
Retained earnings	2,523.3	2,295.8
Accumulated other comprehensive loss	(132.7)	(151.4)
Treasury stock, at cost — 15,012,449 and 14,325,197 shares, respectively	(1,227.2)	(1,156.0)
Total stockholders’ equity	2,127.5	1,918.9
Total liabilities and stockholders’ equity	$ 3,491.7	$ 3,172.4

Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations, which consist primarily of deferred compensation, postretirement (other than pension) and postemployment benefit obligations, uncertain tax positions liability and deferred tax credits. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer).

No definition available.