Inventories

12 Months Ended

Aug. 31, 2023

Inventory Disclosure [Abstract]

Inventories

Note 6 — Inventories

	As of August 31,
(In millions)	2023			2022
Manufacturing supplies and raw materials	$	638.2		$	570.2
Work-in-process		138.2			183.3
Finished goods		64.4			75.9
Excess and obsolete adjustment		(17.2	)		(14.1	)
	$	823.6		$	815.3

	As of August 31,
(In millions)	2023			2022			2021
Excess and obsolete adjustment
Balance at beginning of period	$	14.1		$	19.9		$	24.2
Charge to cost of revenue		5.4			1.5			0.8
Disposition of inventory		(2.7	)		(6.9	)		(5.0	)
Currency translation effect		0.4			(0.4	)		(0.1	)
Balance at end of period	$	17.2		$	14.1		$	19.9