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Inventories (Tables)
12 Months Ended
Aug. 31, 2025
Inventory Disclosure [Abstract]  
Components of Inventories

 

 

As of August 31,

 

(In millions)

 

2025

 

 

2024

 

Manufacturing supplies and raw materials

 

$

439.4

 

 

$

532.6

 

Work-in-process

 

 

158.9

 

 

 

152.0

 

Finished goods

 

 

97.7

 

 

 

92.6

 

Excess and obsolete adjustment

 

 

(7.7

)

 

 

(6.3

)

 

$

688.3

 

 

$

770.9

 

 

 

 

 

 

 

 

Inventory Valuation

 

 

For the Year Ended August 31,

 

(In millions)

 

2025

 

 

2024

 

 

2023

 

Excess and obsolete adjustment

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

6.3

 

 

$

17.2

 

 

$

14.1

 

Charge to cost of revenue

 

 

3.8

 

 

 

1.2

 

 

 

5.4

 

Disposition of inventory

 

 

(2.6

)

 

 

(12.2

)

 

 

(2.7

)

Currency translation effect

 

 

0.2

 

 

 

0.1

 

 

 

0.4

 

Balance at end of period

 

$

7.7

 

 

$

6.3

 

 

$

17.2