XML 23 R5.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
 6 Months Ended
Feb. 28, 2025
Feb. 29, 2024
Cash flows from operating activities:    
Net income $ 184.2 $ 189.8
Adjustments to reconcile net income to cash flows from operating activities:    
Depreciation and amortization 52.1 45.6
Share-based payment expense 23.5 23.1
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 36.0 60.1
Inventories 7.6 (4.7)
Prepayments and other current assets (26.4) (23.0)
Accounts payable (11.0) 39.2
Other operating activities (74.4) (37.5)
Net cash provided by operating activities 191.6 292.6
Cash flows from investing activities:    
Purchases of property, plant, and equipment (28.6) (29.0)
Acquisition of business, net of cash acquired (1,165.0) 0.0
Other investing activities 3.2 (3.7)
Net cash used for investing activities (1,190.4) (32.7)
Cash flows from financing activities:    
Borrowings on credit facility 600.0 0.0
Repurchases of common stock (22.6) (67.8)
Proceeds from stock option exercises and other 17.0 7.0
Payments of taxes withheld on net settlement of equity awards (23.6) (9.4)
Dividends paid (10.0) (8.8)
Other financing activities (1.1) 0.0
Net cash used for financing activities 559.7 (79.0)
Effect of exchange rate changes on cash and cash equivalents (8.8) 0.1
Net change in cash and cash equivalents (447.9) 181.0
Cash and cash equivalents at beginning of period 845.8 397.9
Cash and cash equivalents at end of period 397.9 578.9
Supplemental cash flow information:    
Income taxes paid during the period 87.1 75.9
Interest paid during the period $ 20.4 $ 18.4