Leases (Tables)

6 Months Ended

Feb. 28, 2023

Leases [Abstract]

Aggregate Minimum Future Amounts Receivable Under All Non-Cancelable Operating Leases and Subleases

Aggregate minimum future amounts receivable under all non-cancelable operating leases and subleases at February 28, 2023, will mature as follows:

(in millions)
Remaining six months of 2023	$	33.6
2024		58.4
2025		50.4
2026		44.0
2027		38.4
Thereafter		77.7
	$	302.5

Components of Operating Lease Costs

The components of operating lease costs were as follows:

	Three Months Ended February 28,				Six Months Ended February 28,
(in millions)	2023		2022		2023		2022
Operating lease expense	$	3.1	$	2.5	$	6.4	$	5.2
Short-term lease expense		2.6		1.4		4.4		2.7
Total	$	5.7	$	3.9	$	10.8	$	7.9

Aggregate Minimum Future Amounts Payable Under Operating Leases

Aggregate minimum future amounts payable under operating leases having initial or remaining non-cancelable terms at February 28, 2023 will mature as follows:

(in millions)
Remaining six months of 2023	$	6.6
2024		11.5
2025		8.7
2026		7.5
2027		4.7
Thereafter		17.7
Total lease payments	$	56.7
Less: Imputed interest		(4.7	)
Total lease obligations	$	52.0

Additional Information Related to Company's Leases

The table below presents additional information related to the Company’s leases:

Weighted average remaining lease term (years):
Operating leases	11.2
Weighted average discount rate:
Operating leases	2.2	%

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases were as follows:

(in millions)	Six months ended February 28, 2023
Cash paid for amounts included in the measurement    of lease liabilities:
Operating cash flows from operating leases	$	6.7
ROU assets obtained in exchange for new operating    lease liabilities	$	1.1