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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Aug. 31, 2022
Aug. 31, 2021
Aug. 31, 2020
Income Statement [Abstract]      
Net sales $ 4,006.1 $ 3,461.0 $ 3,326.3
Cost of products sold 2,333.4 1,986.0 1,923.9
Gross profit 1,672.7 1,475.0 1,402.4
Selling, distribution, and administrative expenses 1,163.0 1,044.1 1,028.5
Special charges 0.0 3.3 20.0
Operating profit 509.7 427.6 353.9
Other expense:      
Interest expense, net 24.9 23.2 23.3
Miscellaneous (income) expense, net (9.1) 8.2 5.9
Total other expense 15.8 31.4 29.2
Income before income taxes 493.9 396.2 324.7
Income tax expense 109.9 89.9 76.4
Net income $ 384.0 $ 306.3 $ 248.3
Earnings per share      
Basic earnings per share (in dollars per share) [1] $ 11.23 $ 8.44 $ 6.29
Basic weighted average number of shares outstanding (in shares) 34,182 36,284 39,453
Diluted earnings per share (in dollars per share) [1] $ 11.08 $ 8.38 $ 6.27
Diluted weighted average number of shares outstanding (in shares) 34,645 36,554 39,601
Dividends declared per share (in dollars per share) $ 0.52 $ 0.52 $ 0.52
Comprehensive income:      
Net income $ 384.0 $ 306.3 $ 248.3
Other comprehensive income (loss) items:      
Foreign currency translation adjustments (33.3) 13.3 11.9
Defined benefit plans, net of tax 5.7 21.2 6.8
Other comprehensive (loss) income items, net of tax (27.6) 34.5 18.7
Comprehensive income $ 356.4 $ 340.8 $ 267.0
[1] (1) Earnings per share is calculated using unrounded numbers. Amounts in the table may not recalculate exactly due to rounding.