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Changes in Stockholders' Equity (Tables)
3 Months Ended
Nov. 30, 2020
Equity [Abstract]  
Schedule of Changes in Stockholders' Equity
The following tables summarize changes in the components of stockholders' equity for the periods presented (in millions):
Common Stock Outstanding
SharesAmountPaid-in
Capital
Retained
Earnings
Accumulated Other
Comprehensive
Loss
Treasury
Stock, at cost
Total
Balance, August 31, 202038.9 $0.5 $963.6 $2,523.3 $(132.7)$(1,227.2)$2,127.5 
Net income— — — 59.6 — — 59.6 
Other comprehensive income— — — — 6.2 — 6.2 
Cumulative effect of adoption of ASC 326 (1)
— — — (0.2)— — (0.2)
Share-based payment amortization, issuances, and cancellations0.1 — 4.7 — — — 4.7 
Employee stock purchase plan issuances— — 0.3 — — — 0.3 
Cash dividends of $0.13 per share paid on common stock
— — — (5.0)— — (5.0)
Repurchases of common stock(2.6)— — — — (256.1)(256.1)
Balance, November 30, 202036.4 $0.5 $968.6 $2,577.7 $(126.5)$(1,483.3)$1,937.0 
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(1) See Note 4 - New Accounting Pronouncements for further details on our adoption of ASC 326.
Common Stock Outstanding
SharesAmountPaid-in
Capital
Retained
Earnings
Accumulated Other
Comprehensive
Loss
Treasury
Stock, at cost
Total
Balance, August 31, 201939.5 $0.5 $930.0 $2,295.8 $(151.4)$(1,156.0)$1,918.9 
Net income— — — 57.0 — — 57.0 
Other comprehensive income— — — — 3.8 — 3.8 
Share-based payment amortization, issuances, and cancellations— — 12.6 — — — 12.6 
Employee stock purchase plan issuances— — 0.2 — — — 0.2 
Cash dividends of $0.13 per share paid on common stock
— — — (5.2)— — (5.2)
Balance, November 30, 201939.5 $0.5 $942.8 $2,347.6 $(147.6)$(1,156.0)$1,987.3