XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Millions
May 31, 2020
Aug. 31, 2019
Current assets:    
Cash and cash equivalents $ 520.6 $ 461.0
Accounts receivable, less reserve for doubtful accounts of $1.8 and $1.0, respectively 451.3 561.0
Inventories 355.3 340.8
Prepayments and other current assets 53.1 79.0
Total current assets 1,380.3 1,441.8
Property, plant, and equipment, net 275.1 277.3
Operating lease right-of-use assets 56.7  
Goodwill 1,086.4 967.3
Intangible assets, net 612.9 466.0
Deferred income taxes 1.9 2.3
Other long-term assets 29.0 17.7
Total assets 3,442.3 3,172.4
Current liabilities:    
Accounts payable 331.3 338.8
Current maturities of debt 17.8 9.1
Current operating lease liabilities 16.2  
Accrued compensation 55.8 73.2
Other accrued liabilities 154.8 175.0
Total current liabilities 575.9 596.1
Long-term debt 385.8 347.5
Long-term operating lease liabilities 46.4  
Accrued pension liabilities 94.7 99.7
Deferred income taxes 119.2 92.7
Self-insurance reserves 7.1 6.8
Other long-term liabilities 117.5 110.7
Total liabilities 1,346.6 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; 53,873,349 and 53,778,155 issued, respectively 0.5 0.5
Paid-in capital 958.0 930.0
Retained earnings 2,454.8 2,295.8
Accumulated other comprehensive loss (161.6) (151.4)
Treasury stock, at cost — 14,325,197 and 14,325,197 shares, respectively (1,156.0) (1,156.0)
Total stockholders’ equity 2,095.7 1,918.9
Total liabilities and stockholders’ equity $ 3,442.3 $ 3,172.4