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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Feb. 28, 2025
Feb. 29, 2024
Cash flows from operating activities    
Net earnings $ 105.3 $ 66.8
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Deferred income taxes 13.4 (35.5)
Depreciation and amortization 59.6 54.3
Net gain on disposition of equipment (9.8) (4.8)
Stock based compensation expense 8.7 8.1
Noncontrolling interest adjustments 7.9 1.6
Other 1.6 2.0
Decrease (increase) in assets:    
Accounts receivable, net (17.7) 12.2
Income tax receivable 13.7 21.3
Inventories 49.0 (8.4)
Leased railcars for syndication (146.4) (6.7)
Other assets 0.1 2.5
Increase (decrease) in liabilities:    
Accounts payable and accrued liabilities (34.8) (93.8)
Deferred revenue (22.1) 34.8
Net cash provided by operating activities 28.5 54.4
Cash flows from investing activities    
Proceeds from sales of assets 55.6 25.9
Capital expenditures (126.4) (190.5)
Cash distribution from unconsolidated affiliates and other 5.8 1.5
Net cash used in investing activities (65.0) (163.1)
Cash flows from financing activities    
Net change in revolving notes with maturities of 90 days or less 11.9 28.5
Proceeds from revolving notes with maturities longer than 90 days 45.7 114.5
Repayments of revolving notes with maturities longer than 90 days (35.1) (140.2)
Proceeds from issuance of notes payable 0.5 178.6
Repayments of notes payable (21.7) (68.2)
Debt issuance costs (1.0) (2.9)
Repurchase of stock 0.0 (1.3)
Dividends (19.8) (19.7)
Cash distribution to joint venture partner (6.7) (4.4)
Tax payments for net share settlement of restricted stock (5.5) (5.2)
Net cash provided by (used in) financing activities (31.7) 79.7
Effect of exchange rate changes 1.5 (1.7)
Decrease in Cash and cash equivalents and Restricted cash (66.7) (30.7)
Cash and cash equivalents and Restricted cash    
Cash and cash equivalents and restricted cash, Beginning balance 368.6 302.7
Cash and cash equivalents and restricted cash, Ending balance 301.9 272.0
Balance sheet reconciliation    
Cash and cash equivalents 263.5 252.0
Restricted cash 38.4 20.0
Total Cash and cash equivalents and Restricted cash as presented above 301.9 272.0
Cash paid during the period for    
Interest 36.8 42.5
Income taxes paid, net 15.8 31.7
Non-cash activity    
Transfers between Leased railcars for syndication and Inventories and Equipment on operating leases, net 42.5 64.8
Capital expenditures accrued in Accounts payable and accrued liabilities 5.4 13.0
Change in Accounts payable and accrued liabilities associated with dividends declared $ 0.3 $ 0.3