XML 39 R28.htm IDEA: XBRL DOCUMENT v3.24.4
Fair Value Measurements (Tables)
3 Months Ended
Nov. 30, 2024
Fair Value Disclosures [Abstract]  
Schedule of Carrying Value and Estimated Fair Value of Financial Instruments
The following table summarizes balances and the fair value hierarchy level of our financial instruments recorded at fair value on a recurring basis as of the dates presented (in millions):
November 30, 2024August 31, 2024
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Cash and cash equivalents$935.6 $— $— $935.6 $845.8 $— $— $845.8 
Other financial instruments— — — — — — — — 
Assets in fair value hierarchy 935.6 — — 935.6 845.8 — — 845.8 
Other investments(1)
5.1 6.7 
Total assets at fair value$935.6 $— $— $940.7 $845.8 $— $— $852.5 
____________________________________
(1) Includes strategic investments in privately-held entities over which we do not exercise significant influence or control and without readily determinable fair values. Amounts are recorded at cost less any impairment adjusted for observable price changes, if any.