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Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 28, 2017
Aug. 31, 2016
Current assets:    
Cash and cash equivalents $ 463.2 $ 413.2
Accounts receivable, less reserve for doubtful accounts of $1.6 and $1.7, respectively 500.9 572.8
Inventories 353.7 295.2
Prepayments and other current assets 46.1 41.7
Total current assets 1,363.9 1,322.9
Property, plant, and equipment, at cost:    
Land 22.0 23.1
Buildings and leasehold improvements 180.5 174.4
Machinery and equipment 458.9 448.2
Total property, plant, and equipment 661.4 645.7
Less: accumulated depreciation and amortization (383.6) (377.9)
Property, plant, and equipment, net 277.8 267.8
Goodwill 893.3 947.8
Intangible assets, net 446.4 381.4
Deferred income taxes 4.7 5.1
Other long-term assets 13.0 23.0
Total assets 2,999.1 2,948.0
Current liabilities:    
Accounts payable 365.5 401.0
Current maturities of long-term debt 0.3 0.2
Accrued compensation 25.0 95.2
Other accrued liabilities 156.0 176.1
Total current liabilities 546.8 672.5
Long-term debt 355.8 355.0
Accrued pension liabilities 116.4 119.9
Deferred income taxes 102.5 74.6
Self-insurance reserves 8.2 7.2
Other long-term liabilities 64.6 59.0
Total liabilities 1,194.3 1,288.2
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value; 50,000,000 shares authorized; none issued 0.0 0.0
Common stock, $0.01 par value; 500,000,000 shares authorized; 53,512,076 and 53,415,687 issued, respectively 0.5 0.5
Paid-in capital 868.4 856.4
Retained earnings 1,498.4 1,360.9
Accumulated other comprehensive loss (143.9) (139.4)
Treasury stock, at cost — 9,679,752 and 9,679,457 shares, respectively (418.6) (418.6)
Total stockholders’ equity 1,804.8 1,659.8
Total liabilities and stockholders’ equity $ 2,999.1 $ 2,948.0