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v3.24.3

Basis of Presentation (Tables) | 12 Months Ended
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Aug. 31, 2024
Accounting Policies [Abstract] |
Depreciation of Property and Equipment | Depreciation of property and equipment is computed using the straight-line method on the cost of the assets, less allowance for salvage value where appropriate, at rates based upon their estimated service lives as follows:
Asset Class | Asset Life
Buildings and improvements | 8-30 years
Machinery and equipment | 3-10 years
Software | 3-10 years
Transportation equipment | 5-6 years
Property, plant, and equipment is stated at cost, net of accumulated depreciation and consists of the following:
(in millions) | August 31, 2024 |  | August 26, 2023
Land | $ | 14.6 |  |  | $ | 14.6 |
Buildings and building improvements | 279.3 |  |  | 247.3 |
Machinery and equipment | 171.8 |  |  | 159.3 |
Software | 72.0 |  |  | 52.7 |
Transportation | 7.8 |  |  | 7.2 |
Construction in progress | 24.5 |  |  | 49.3 |
Property, plant, and equipment, gross | 570.0 |  |  | 530.4 |
Less: Accumulated depreciation | 231.1 |  |  | 203.1 |
Property, plant, and equipment, net | $ | 338.9 |  |  | $ | 327.3 |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
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