XML 23 R12.htm IDEA: XBRL DOCUMENT v3.21.2
Property, Plant, and Equipment
9 Months Ended
May 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment Property, Plant, and Equipment
Property, plant, and equipment consist of the following as of the dates presented (in millions):
 May 31, 2021August 31, 2020
Land$22.6 $22.2 
Buildings and leasehold improvements196.1 192.2 
Machinery and equipment612.0 588.4 
Total property, plant, and equipment, at cost830.7 802.8 
Less: Accumulated depreciation and amortization(571.0)(532.3)
Property, plant, and equipment, net$259.7 $270.5 
Subsequent to May 31, 2021, one of our facilities, included within property, plant, and equipment, with a carrying value of $6.6 million met the criteria to be classified as held for sale and is expected to be sold within one year. We concluded the fair value less cost to sell of this asset exceeded its carrying value.