Share-based Payments

6 Months Ended

Feb. 28, 2022

Share-based Payment Arrangement [Abstract]

Share-based PaymentsWe account for share-based payments through the measurement and recognition of compensation expense for share-based payment awards made to employees and directors over the related requisite service period, including stock options, performance stock units, and restricted stock (all part of our equity incentive plan), as well as stock units representing certain deferrals into our director deferred compensation plan or our supplemental deferred savings plan.

The following table presents share-based payment expense for the periods presented (in millions):


	Three Months Ended				Six Months Ended
	February 28, 2022		February 28, 2021		February 28, 2022		February 28, 2021
Share-based payment expense	$	10.0	$	7.5	$	17.6	$	15.2

We recognized excess tax benefits of $4.4 million related to share-based payment awards during the six months ended February 28, 2022.

Further details regarding our share-based payments are included within the Share-based Payments footnote of the Notes to Consolidated Financial Statements within our Form 10-K.