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Inventories
12 Months Ended
Aug. 31, 2024
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories consist of the following:
(in millions)August 31, 2024August 26, 2023
Finished goods$81.3 $53.0 
Work-in-process 171.9 159.9 
Raw materials237.6 305.6 
Total490.8 518.5 
Less: Excess of FIFO over LIFO cost52.1 47.9 
Inventories, net$438.7 $470.6 

Inventory valuation methods consist of the following:
(in millions)August 31, 2024August 26, 2023
LIFO basis$264.6 $262.6 
FIFO basis226.2 255.9 
Total$490.8 $518.5 
The above value of inventories, before reduction for the LIFO reserve, approximates replacement cost at the respective dates.