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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Aug. 31, 2024
Aug. 31, 2023
Aug. 31, 2022
Income Statement [Abstract]      
Net sales $ 3,841.0 $ 3,952.2 $ 4,006.1
Cost of products sold 2,059.3 2,239.0 2,333.4
Gross profit 1,781.7 1,713.2 1,672.7
Selling, distribution, and administrative expenses 1,228.4 1,212.9 1,163.0
Special charges 0.0 26.9 0.0
Operating profit 553.3 473.4 509.7
Other expense:      
Interest (income) expense, net (4.5) 18.9 24.9
Miscellaneous expense (income), net 9.2 7.8 (9.1)
Total other expense 4.7 26.7 15.8
Income before income taxes 548.6 446.7 493.9
Income tax expense 126.0 100.7 109.9
Net income $ 422.6 $ 346.0 $ 384.0
Earnings per share      
Basic earnings per share (in dollars per share) [1] $ 13.68 $ 10.88 $ 11.23
Basic weighted average number of shares outstanding (in shares) [1] 30,885 31,806 34,182
Diluted earnings per share (in dollars per share) [1] $ 13.44 $ 10.76 $ 11.08
Diluted weighted average number of shares outstanding (in shares) [1] 31,445 32,164 34,645
Dividends declared per share (in dollars per share) $ 0.58 $ 0.52 $ 0.52
Comprehensive income:      
Net income $ 422.6 $ 346.0 $ 384.0
Other comprehensive (loss) income items, net of tax:      
Foreign currency translation adjustments (5.9) 8.5 (33.3)
Defined benefit plans, net of tax 3.6 4.7 5.7
Other comprehensive (loss) income items, net of tax (2.3) 13.2 (27.6)
Comprehensive income $ 420.3 $ 359.2 $ 356.4
[1] Earnings per share is calculated using unrounded numbers. Amounts in the table may not recalculate exactly due to rounding.