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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Aug. 31, 2024
Aug. 31, 2023
Aug. 31, 2022
Cash flows from operating activities      
Net earnings $ 172.7 $ 75.6 $ 53.8
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Deferred income taxes 16.8 7.2 12.9
Depreciation and amortization 115.6 106.3 102.0
Net gain on disposition of equipment (13.1) (17.3) (37.2)
Stock based compensation expense 17.1 12.1 15.5
Asset impairment, disposal, and exit costs, net   46.7  
Noncontrolling interest adjustments 3.9 8.4 1.6
Other 3.8 3.7 3.8
Decrease (increase) in assets:      
Accounts receivable, net 9.2 (14.6) (198.2)
Income tax receivable (2.9) (2.4) 72.3
Inventories 50.0 (17.2) (267.9)
Leased railcars for syndication (5.1) (123.7) (40.6)
Other assets 13.6 (51.6) (28.1)
Increase (decrease) in liabilities:      
Accounts payable and accrued liabilities (63.5) 16.3 165.3
Deferred revenue 11.5 21.7 (5.6)
Net cash provided by (used in) operating activities 329.6 71.2 (150.4)
Cash flows from investing activities      
Proceeds from sales of assets 75.0 78.8 155.5
Capital expenditures (398.3) (362.1) (380.7)
Investment in and advances to unconsolidated affiliates   (3.5) (2.3)
Cash distribution from unconsolidated affiliates and other 2.9 6.8 3.5
Net cash used in investing activities (320.4) (280.0) (224.0)
Cash flows from financing activities      
Net changes in revolving notes with maturities of 90 days or less (27.8) 29.8 (101.3)
Proceeds from revolving notes with maturities longer than 90 days 226.6 220.0 35.0
Repayments of revolving notes with maturities longer than 90 days (146.6) (255.0)  
Proceeds from issuance of notes payable 180.6 75.0 398.3
Repayments of notes payable (89.6) (36.8) (23.4)
Debt issuance costs (2.9) (0.6) (7.3)
Repurchase of stock (1.3) (56.9)  
Dividends (38.4) (36.1) (35.8)
Cash distribution to joint venture partner (9.3) (13.0) (16.9)
Tax payments for net share settlement of restricted stock (5.1) (2.6) (3.7)
Net cash provided by (used in) financing activities 86.2 (76.2) 244.9
Effect of exchange rate changes (29.5) 28.6 17.2
Increase (decrease) in cash and cash equivalents and restricted cash 65.9 (256.4) (112.3)
Cash and cash equivalents and restricted cash      
Cash and cash equivalents and restricted cash, Beginning balance 302.7 559.1 671.4
Cash and cash equivalents and restricted cash, Ending balance 368.6 302.7 559.1
Balance Sheet Reconciliation      
Cash and cash equivalents 351.8 281.7 543.0
Restricted cash 16.8 21.0 16.1
Total cash and cash equivalents and restricted cash as presented above 368.6 302.7 559.1
Cash (received) paid during the period for      
Interest 85.7 70.0 45.1
Income taxes, net 42.6 23.0 (55.0)
Non-cash activity      
Transfer from Leased railcars for syndication and Inventories to Equipment on operating leases, net (66.8) (40.0) (11.6)
Capital expenditures accrued in Accounts payable and accrued liabilities 61.1 22.0 10.9
Transfer from Property, plant and equipment, net to Intangibles and other assets, net for assets moved to Assets held for sale     3.5
Change in Accounts payable and accrued liabilities associated with dividends declared $ (0.4) (0.3)  
Change in Accounts payable and accrued liabilities associated with cash distributions to joint venture partner   $ 2.1 $ 1.4