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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Aug. 31, 2023
Aug. 31, 2022
Aug. 31, 2021
Income Statement [Abstract]      
Net sales $ 3,952.2 $ 4,006.1 $ 3,461.0
Cost of products sold 2,239.0 2,333.4 1,986.0
Gross profit 1,713.2 1,672.7 1,475.0
Selling, distribution, and administrative expenses 1,212.9 1,163.0 1,044.1
Special charges 26.9 0.0 3.3
Operating profit 473.4 509.7 427.6
Other expense:      
Interest expense, net 18.9 24.9 23.2
Miscellaneous expense (income), net 7.8 (9.1) 8.2
Total other expense 26.7 15.8 31.4
Income before income taxes 446.7 493.9 396.2
Income tax expense 100.7 109.9 89.9
Net income $ 346.0 $ 384.0 $ 306.3
Earnings per share      
Basic earnings per share (in dollars per share) [1] $ 10.88 $ 11.23 $ 8.44
Basic weighted average number of shares outstanding (in shares) 31,806 34,182 36,284
Diluted earnings per share (in dollars per share) [1] $ 10.76 $ 11.08 $ 8.38
Diluted weighted average number of shares outstanding (in shares) 32,164 34,645 36,554
Dividends declared per share (in dollars per share) $ 0.52 $ 0.52 $ 0.52
Comprehensive income:      
Net income $ 346.0 $ 384.0 $ 306.3
Other comprehensive income (loss) items, net of tax:      
Foreign currency translation adjustments 8.5 (33.3) 13.3
Defined benefit plans 4.7 5.7 21.2
Other comprehensive income (loss) items, net of tax 13.2 (27.6) 34.5
Comprehensive income $ 359.2 $ 356.4 $ 340.8
[1] (1) Earnings per share is calculated using unrounded numbers. Amounts in the table may not recalculate exactly due to rounding.