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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
May 31, 2020
May 31, 2019
May 31, 2020
May 31, 2019
Income Statement [Abstract]        
Net sales $ 776.2 $ 947.6 $ 2,435.1 $ 2,734.6
Cost of products sold 448.6 564.0 1,407.8 1,649.6
Gross profit 327.6 383.6 1,027.3 1,085.0
Selling, distribution, and administrative expenses 241.3 263.4 767.5 751.1
Special charges 3.3 (0.1) 11.8 1.3
Operating profit 83.0 120.3 248.0 332.6
Other expense:        
Interest expense, net 5.4 8.3 19.4 25.6
Miscellaneous (income) expense, net (0.9) 0.2 1.5 2.6
Total other expense 4.5 8.5 20.9 28.2
Income before income taxes 78.5 111.8 227.1 304.4
Income tax expense 18.1 23.4 52.5 70.1
Net income $ 60.4 $ 88.4 $ 174.6 $ 234.3
Earnings per share:        
Basic earnings per share (in dollars per share) $ 1.53 $ 2.23 $ 4.42 $ 5.89
Basic weighted average number of shares outstanding (in shares) 39.5 39.7 39.5 39.8
Diluted earnings per share (in dollars per share) $ 1.52 $ 2.22 $ 4.40 $ 5.87
Diluted weighted average number of shares outstanding (in shares) 39.7 39.8 39.7 39.9
Dividends declared per share (in dollars per share) $ 0.13 $ 0.13 $ 0.39 $ 0.39
Comprehensive income:        
Net income $ 60.4 $ 88.4 $ 174.6 $ 234.3
Other comprehensive income (loss) items:        
Foreign currency translation adjustments (13.8) (8.7) (15.6) (12.6)
Defined benefit plans, net of tax 1.8 1.3 5.4 5.3
Other comprehensive loss items, net of tax (12.0) (7.4) (10.2) (7.3)
Comprehensive income $ 48.4 $ 81.0 $ 164.4 $ 227.0