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Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 30, 2020
Aug. 31, 2020
Current assets:    
Cash and cash equivalents $ 507.0 $ 560.7
Accounts receivable, less reserve for doubtful accounts of $2.4 and $2.6, respectively 445.3 500.3
Inventories 316.1 320.1
Prepayments and other current assets 79.3 58.6
Total current assets 1,347.7 1,439.7
Property, plant, and equipment, net 268.8 270.5
Operating lease right-of-use assets 65.8 63.4
Goodwill 1,080.6 1,080.0
Intangible assets, net 596.0 605.9
Deferred income taxes 2.7 2.7
Other long-term assets 27.0 29.5
Total assets 3,388.6 3,491.7
Current liabilities:    
Accounts payable 317.3 326.5
Current maturities of debt 4.3 24.3
Current operating lease liabilities 18.1 17.2
Accrued compensation 75.3 85.4
Other accrued liabilities 168.4 164.2
Total current liabilities 583.4 617.6
Long-term debt 495.6 376.8
Long-term operating lease liabilities 58.1 56.8
Accrued pension liabilities 69.2 91.6
Deferred income taxes 95.3 94.9
Self-insurance reserves 6.7 6.5
Other long-term liabilities 143.3 120.0
Total liabilities 1,451.6 1,364.2
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; 53,960,200 and 53,885,165 issued, respectively 0.5 0.5
Paid-in capital 968.6 963.6
Retained earnings 2,577.7 2,523.3
Accumulated other comprehensive loss (126.5) (132.7)
Treasury stock, at cost — 17,571,980 and 15,012,449 shares, respectively (1,483.3) (1,227.2)
Total stockholders’ equity 1,937.0 2,127.5
Total liabilities and stockholders’ equity $ 3,388.6 $ 3,491.7
Preferred Stock, Shares Issued 0 0