XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 28, 2021
Aug. 31, 2020
Current assets:    
Cash and cash equivalents $ 498.7 $ 560.7
Accounts receivable, less reserve for doubtful accounts of $2.6 and $2.6, respectively 448.0 500.3
Inventories 321.3 320.1
Prepayments and other current assets 76.1 58.6
Total current assets 1,344.1 1,439.7
Property, plant, and equipment, net 262.0 270.5
Operating lease right-of-use assets 63.3 63.4
Goodwill 1,084.2 1,080.0
Intangible assets, net 587.2 605.9
Deferred income taxes 2.5 2.7
Other long-term assets 16.9 29.5
Total assets 3,360.2 3,491.7
Current liabilities:    
Accounts payable 321.5 326.5
Current maturities of debt 4.0 24.3
Current operating lease liabilities 17.3 17.2
Accrued compensation 91.4 85.4
Other accrued liabilities 142.1 164.2
Total current liabilities 576.3 617.6
Long-term debt 494.0 376.8
Long-term operating lease liabilities 52.2 56.8
Accrued pension liabilities 68.0 91.6
Deferred income taxes 95.5 94.9
Self-insurance reserves 6.8 6.5
Other long-term liabilities 134.9 120.0
Total liabilities 1,427.7 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; 53,985,970 and 53,885,165 issued, respectively 0.5 0.5
Paid-in capital 977.8 963.6
Retained earnings 2,635.9 2,523.3
Accumulated other comprehensive loss (118.1) (132.7)
Treasury stock, at cost — 18,244,813 and 15,012,449 shares, respectively (1,563.6) (1,227.2)
Total stockholders’ equity 1,932.5 2,127.5
Total liabilities and stockholders’ equity $ 3,360.2 $ 3,491.7
Preferred Stock, Shares Issued 0 0