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Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Aug. 31, 2020
Aug. 31, 2019
Aug. 31, 2018
Income Statement [Abstract]      
Net sales $ 3,326.3 $ 3,672.7 $ 3,680.1
Cost of products sold 1,923.9 2,193.0 2,194.7
Gross profit 1,402.4 1,479.7 1,485.4
Selling, distribution, and administrative expenses 1,028.5 1,015.0 1,019.0
Special charges 20.0 1.8 5.6
Operating profit 353.9 462.9 460.8
Other expense:      
Interest expense, net 23.3 33.3 33.5
Miscellaneous expense, net 5.9 4.7 1.4
Total other expense 29.2 38.0 34.9
Income before income taxes 324.7 424.9 425.9
Income tax expense 76.4 94.5 76.3
Net income $ 248.3 $ 330.4 $ 349.6
Earnings per share:      
Basic earnings per share (in dollars per share) $ 6.29 $ 8.32 $ 8.54
Basic weighted average number of shares outstanding (in shares) 39.5 39.7 40.9
Diluted earnings per share (in dollars per share) $ 6.27 $ 8.29 $ 8.52
Diluted weighted average number of shares outstanding (in shares) 39.6 39.8 41.0
Dividends declared per share (in dollars per share) $ 0.52 $ 0.52 $ 0.52
Comprehensive income:      
Net income $ 248.3 $ 330.4 $ 349.6
Other comprehensive income (loss) items:      
Foreign currency translation adjustments 11.9 (11.5) (25.2)
Defined benefit plans, net of tax 6.8 (25.1) 21.2
Other comprehensive income (loss) items, net of tax 18.7 (36.6) (4.0)
Comprehensive income $ 267.0 $ 293.8 $ 345.6