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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Feb. 28, 2023
Aug. 31, 2022
Current assets:    
Cash and cash equivalents $ 339.0 $ 223.2
Accounts receivable, less reserve for doubtful accounts of $1.2 and $1.2, respectively 523.1 665.9
Inventories 436.4 485.7
Prepayments and other current assets 95.0 91.2
Total current assets 1,393.5 1,466.0
Property, plant, and equipment, net 286.0 276.5
Operating lease right-of-use assets 77.8 74.9
Goodwill 1,080.3 1,084.3
Intangible assets, net 495.8 529.2
Deferred income taxes 1.2 1.3
Other long-term assets 49.2 48.0
Total assets 3,383.8 3,480.2
Current liabilities:    
Accounts payable 324.8 397.8
Current maturities of debt 0.0 18.0
Current operating lease liabilities 17.2 15.7
Accrued compensation 78.0 88.0
Other current liabilities 176.3 214.1
Total current liabilities 596.3 733.6
Long-term debt 495.3 495.0
Long-term operating lease liabilities 72.4 67.4
Accrued pension liabilities 41.7 41.4
Deferred income taxes 100.6 102.1
Other long-term liabilities 129.9 128.9
Total liabilities 1,436.2 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; 54,389,841 and 54,241,069 issued, respectively 0.5 0.5
Paid-in capital 1,047.1 1,036.3
Retained earnings 3,325.8 3,176.2
Accumulated other comprehensive loss (126.3) (125.8)
Treasury stock, at cost, of 22,475,844 and 21,753,820 shares, respectively (2,299.5) (2,175.4)
Total stockholders’ equity 1,947.6 1,911.8
Total liabilities and stockholders’ equity $ 3,383.8 $ 3,480.2