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Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Aug. 31, 2019
Aug. 31, 2018
Aug. 31, 2017
Income Statement [Abstract]      
Net sales $ 3,672.7 $ 3,680.1 $ 3,505.1
Cost of products sold 2,193.0 2,194.7 2,024.0
Gross profit 1,479.7 1,485.4 1,481.1
Selling, distribution, and administrative expenses 1,015.0 1,019.0 942.3
Special charges 1.8 5.6 11.3
Operating profit 462.9 460.8 527.5
Other expense:      
Interest expense, net 33.3 33.5 32.5
Miscellaneous expense, net 4.7 1.4 2.4
Total other expense 38.0 34.9 34.9
Income before income taxes 424.9 425.9 492.6
Income tax expense 94.5 76.3 170.9
Net income $ 330.4 $ 349.6 $ 321.7
Earnings per share:      
Basic earnings per share (in dollars per share) $ 8.32 $ 8.54 $ 7.46
Basic weighted average number of shares outstanding (in shares) 39.7 40.9 43.1
Diluted earnings per share (in dollars per share) $ 8.29 $ 8.52 $ 7.43
Diluted weighted average number of shares outstanding (in shares) 39.8 41.0 43.3
Dividends declared per share (in dollars per share) $ 0.52 $ 0.52 $ 0.52
Comprehensive income:      
Net income $ 330.4 $ 349.6 $ 321.7
Other comprehensive income (loss) items:      
Foreign currency translation adjustments (11.5) (25.2) 19.0
Defined benefit plans, net of tax (25.1) 21.2 20.7
Other comprehensive (loss) income items, net of tax (36.6) (4.0) 39.7
Comprehensive income $ 293.8 $ 345.6 $ 361.4