Notes Payable, net (Tables)

12 Months Ended

Aug. 31, 2023

Debt Disclosure [Abstract]

Notes Payable, Net

	As of August 31,
(In millions)	2023			2022
Term loans	$	906.6		$	867.5
2.875% Convertible senior notes, due 2028		373.8			373.8
2.875% Convertible senior notes, due 2024		47.7			47.7
Other notes payable		1.8			1.2
	$	1,329.9		$	1,290.2
Debt discount and issuance costs		(18.2	)		(21.1	)
	$	1,311.7		$	1,269.1

Principal Payments on the Notes Payable

As of August 31, 2023, principal payments on the notes payable are expected as follows:

(In millions)
Year ending August 31,
2024 1	$	86.5
2025		39.3
2026		262.0
2027		308.7
2028 1		385.2
Thereafter		248.2
	$	1,329.9

1 The repayment of the $47.7 million of 2024 Convertible Notes due February 2024 and the $373.8 million of 2028 Convertible Notes due April 2028 is assumed to occur at the scheduled maturity instead of assuming an earlier conversion by the holders.