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Inventories (Tables)
9 Months Ended
May 31, 2023
Inventory Disclosure [Abstract]  
Components of Inventories The following table summarizes the Company’s inventory balance:

(in millions)

 

May 31,
2023

 

 

August 31,
2022

 

Manufacturing supplies and raw materials

 

$

710.6

 

 

$

570.2

 

Work-in-process

 

 

108.4

 

 

 

183.3

 

Finished goods

 

 

85.0

 

 

 

75.9

 

Excess and obsolete adjustment

 

 

(16.0

)

 

 

(14.1

)

 

 

$

888.0

 

 

$

815.3