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Common Stock and Related Matters (Tables)
 12 Months Ended
Aug. 31, 2025
Equity [Abstract]  
Schedule of Changes in Common Stock
Changes in common stock during the periods presented were as follows (amounts and shares in millions):
Common Stock
 SharesAmount
(At par)
Balance at August 31, 202254.2 $0.5 
Vesting of share-based payment awards(1)
0.2 — 
Stock options exercised— *— 
Balance at August 31, 202354.4 0.5 
Vesting of share-based payment awards(1)
0.1 — 
Stock options exercised0.1 — 
Balance at August 31, 202454.6 0.5 
Vesting of share-based payment awards(1)
0.2 — 
Stock options exercised0.1 — 
Balance at August 31, 202554.9 $0.5 
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* Represents shares of less than 0.1 million.
(1) Shown net of cancellations for tax withholdings
Schedule of Earnings Per Share, Basic and Diluted
The following table calculates basic earnings per common share and diluted earnings per common share during the periods presented (in millions, except per share data):
Year Ended August 31,
202520242023
Net income$396.6 $422.6 $346.0 
Basic weighted average shares outstanding30.859 30.885 31.806 
Common stock equivalents0.782 0.560 0.358 
Diluted weighted average shares outstanding31.641 31.445 32.164 
Basic earnings per share(1)
$12.85 $13.68 $10.88 
Diluted earnings per share(1)
$12.53 $13.44 $10.76 
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(1) Earnings per share is calculated using unrounded numbers. Amounts in the table may not recalculate exactly due to rounding.