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Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Aug. 31, 2021
Aug. 31, 2020
Aug. 31, 2019
Income Statement [Abstract]      
Net sales $ 3,461.0 $ 3,326.3 $ 3,672.7
Cost of products sold 1,986.0 1,923.9 2,193.0
Gross profit 1,475.0 1,402.4 1,479.7
Selling, distribution, and administrative expenses 1,044.1 1,028.5 1,015.0
Special charges 3.3 20.0 1.8
Operating profit 427.6 353.9 462.9
Other expense:      
Interest expense, net 23.2 23.3 33.3
Miscellaneous expense, net 8.2 5.9 4.7
Total other expense 31.4 29.2 38.0
Income before income taxes 396.2 324.7 424.9
Income tax expense 89.9 76.4 94.5
Net income $ 306.3 $ 248.3 $ 330.4
Earnings per share:      
Basic earnings per share (in dollars per share) $ 8.44 $ 6.29 $ 8.32
Basic weighted average number of shares outstanding (in shares) 36.3 39.5 39.7
Diluted earnings per share (in dollars per share) $ 8.38 $ 6.27 $ 8.29
Diluted weighted average number of shares outstanding (in shares) 36.6 39.6 39.8
Dividends declared per share (in dollars per share) $ 0.52 $ 0.52 $ 0.52
Comprehensive income:      
Net income $ 306.3 $ 248.3 $ 330.4
Other comprehensive income (loss) items:      
Foreign currency translation adjustments 13.3 11.9 (11.5)
Defined benefit plans, net of tax 21.2 6.8 (25.1)
Other comprehensive income (loss) items, net of tax 34.5 18.7 (36.6)
Comprehensive income $ 340.8 $ 267.0 $ 293.8