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Common Stock and Related Matters - Earnings per Share (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 12 Months Ended
Aug. 31, 2020
May 31, 2020
Feb. 29, 2020
Nov. 30, 2019
Aug. 31, 2019
May 31, 2019
Feb. 28, 2019
Nov. 30, 2018
Aug. 31, 2020
Aug. 31, 2019
Aug. 31, 2018
Earnings per share:                      
Net income                 $ 248.3 $ 330.4 $ 349.6
Basic weighted average shares outstanding (in shares)                 39,500,000 39,700,000 40,900,000
Common stock equivalents (in shares)                 100,000 100,000 100,000
Diluted weighted average number of shares outstanding (in shares)                 39,600,000 39,800,000 41,000,000.0
Basic earnings per share (in dollars per share) $ 1.88 $ 1.53 $ 1.45 $ 1.44 $ 2.43 $ 2.23 $ 1.68 $ 1.99 $ 6.29 $ 8.32 $ 8.54
Diluted earnings per share (in dollars per share) $ 1.87 $ 1.52 $ 1.44 $ 1.44 $ 2.42 $ 2.22 $ 1.67 $ 1.98 $ 6.27 $ 8.29 $ 8.52
Stock Options                      
Earnings per share:                      
Stock options excluded from diluted earnings per share (in shares)                 598,000 300,000 179,000
Restricted Stock                      
Earnings per share:                      
Stock options excluded from diluted earnings per share (in shares)                 213,000 160,000 227,000
Performance stock units                      
Earnings per share:                      
Stock options excluded from diluted earnings per share (in shares)                 0 0 0