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Goodwill and Intangible Assets | 3 Months Ended
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Nov. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Through multiple acquisitions, we acquired definite-lived intangible assets consisting primarily of trademarks and trade names associated with specific products, distribution networks, patented technology, non-compete agreements, and customer relationships, which are amortized over their estimated useful lives. Indefinite-lived intangible assets consist of trade names that are expected to generate cash flows indefinitely. We recorded amortization expense of $9.6 million and $7.7 million during the three months ended November 30, 2019 and 2018, respectively. Amortization expense is generally recorded on a straight-line basis and is expected to be approximately $41.3 million in fiscal 2020, $39.0 million in fiscal 2021, $38.1 million in fiscal 2022, $36.9 million in fiscal 2023, and $36.0 million in fiscal 2024. The following table summarizes the changes in the carrying amount of goodwill during the periods presented (in millions):
| Three Months Ended
| November 30, 2019 |  | November 30, 2018
Beginning balance | $ | 967.3 |  |  | $ | 970.6 |
Additions from acquired businesses | 147.8 |  |  | — |
Foreign currency translation adjustments | 0.4 |  |  | (3.7 | )
Ending balance | $ | 1,115.5 |  |  | $ | 966.9 |
Further discussion of goodwill and other intangible assets is included within the Significant Accounting Policies footnote of the Notes to Consolidated Financial Statements within our Form 10-K.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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