XML 26 R3.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 31, 2023
Aug. 31, 2022
Current assets:    
Cash and cash equivalents $ 397.9 $ 223.2
Accounts receivable, less reserve for doubtful accounts of $1.3 and $1.2, respectively 555.3 665.9
Inventories 368.5 485.7
Prepayments and other current assets 73.5 91.2
Total current assets 1,395.2 1,466.0
Property, plant, and equipment, net 297.6 276.5
Operating lease right-of-use assets 84.1 74.9
Goodwill 1,097.9 1,084.3
Intangible assets, net 481.2 529.2
Deferred income taxes 3.0 1.3
Other long-term assets 49.5 48.0
Total assets 3,408.5 3,480.2
Current liabilities:    
Accounts payable 285.7 397.8
Current maturities of debt 0.0 18.0
Current operating lease liabilities 19.7 15.7
Accrued compensation 103.3 88.0
Other accrued liabilities 186.7 214.1
Total current liabilities 595.4 733.6
Long-term debt 495.6 495.0
Long-term operating lease liabilities 75.5 67.4
Accrued pension liabilities 38.4 41.4
Deferred income taxes 59.0 102.1
Other long-term liabilities 129.2 128.9
Total liabilities 1,393.1 1,568.4
Commitments and contingencies (see Commitments and Contingencies footnote)
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; 54,411,186 and 54,241,069 issued, respectively 0.5 0.5
Paid-in capital 1,066.8 1,036.3
Retained earnings 3,505.4 3,176.2
Accumulated other comprehensive loss (112.6) (125.8)
Treasury stock, at cost — 23,362,196 and 21,753,820 shares, respectively (2,444.7) (2,175.4)
Total stockholders’ equity 2,015.4 1,911.8
Total liabilities and stockholders’ equity $ 3,408.5 $ 3,480.2